President flouts social distancing measures again as infections keep rising in latin americas hardest hit countries. Thank you very much for joining us its been the worst hit country in europe with the highest coronavirus death toll outside of china but after 8 weeks in lockdown italy is beginning to ease restrictions imposed in response to the pandemic is just gone 10 am and the bustle is returning to the streets of its towns and cities this is the capital rome right now the government says measures will be east further if the infection rate continues to drop almost 30000 people have died in italy that speak to Francesco John better tony who joins us from a smear line on skype thank you very much francesco for being with us so tell us exactly whats restarting to. Day and how italian feeling about the easing of restrictions. Well after almost 2 months of lockdown the phase 2 of the emergency begins immediately today more than 4000000 people went back to work this morning as italy straw
Half an hour ago pretty good turn around yesterday. Interesting, cramer, the night before said it would start at 230. But he said it would get sold out the day before i watched as the dow improved. The s p was stopped. I was like, figures. At the end of the day, thats called in the money. In the money in the tacos now, you change the story. I said it from the get go joe, it will cost me a lot less to buy the tacos. But you have to listen to me. You are used to that. Becky, what do i get . I get to not buy you a dog somehow. You won you were complaining about this you are such a welsher you set up the terms of the deal and came up with the whole idea. Suddenly, you got your whole dog expense. Oh, well. Did you talk about yields did you see oil . I didnt. I saw now that it is above 27 a barrel still the june contract. Yield on the 10year around 0. 6 the oil prices watching this, the wti Contract Trading now that is something we have been watching closely because of the overall demand pic
Governors actually doing is moving from essential businesses very, very slowly, to lowrisk businesses. Stage two will offer consumers to go to nonessential retailers that choose to reopen under Strict Health distancing roles. That includes the counties detect, ready to trace and detect infections as well as going back to shelter. Where moving forward but with my on the data. My clothing, sporting goods, flower shops, and others will be open for Curbside Pickup of merchandise, no indoor shopping. People may return to their jobs for nonessential can fracturing such as furniture, clothing, and toys, and a wide array of other factories as well is Logistics Centers so long as social distancing and disinfection methods are practiced. What does it mean to move into stage two . It does not mean a return to normal. We know the covid19 is still spreading. What will not reopen now are offices, inside dining restaurants, malls, and outdoor museums unless otherwise warranted. It is a dynamic proces
About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle
Them going. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] gov. Dewine good afternoon, everyone. Hope everybody had a good weekend. Today i want to talk about where we have been, where we are today, and where we are going in the future in regard to our battle with covid19. Wouldfore i do that, i like to remind all of us, myself included, of three things. And i would ask you to keep these in mind as we talk about this today and as we talk about this in the future. Because i think these three things are very, very important. One, you have done an amazing job. Apart. At home, staying do things that we ask you to have stepped up. Todayare where we are where we can start getting the economy moving, start getting people back to work, we are here because of what you have done. Its mattered. Youve got the job done. Theer two, second fact, coronavir