Its biggest jump in corona virus cases in 7 weeks and the loneliness of my isolation we talk to some of the most Vulnerable People drink around a fire song. Just to me get all excited shine dancing to save make it worth something to keep you out there by. Thank you very much for joining us protests have rocked the us city of minneapolis for the 2nd straight night after the death of a black man in Police Custody multiple fires were reported and several businesses have been looted large crowds in los angeles have also gathered demanding justice in the. Anger turned to violence in minneapolis on wednesday night what started out as a protest against the death of an unarmed black man in Police Custody. Culminated of firefighters battling to contain multiple blazes across the city shops were looted as thieves took advantage of the chaos. The violence and deliberate damage to property by some has to some extent shifted attention away from Peaceful Protesters demanding justice. That. Earlier t
Above 24,000 keeping an eye on whats happening with this. The dow has been up. The First Time Since february. If the dow is up again for the fifth session, the first time that has happened since the middle of january. Crude oil has been a big concern. That is down 11. 5 to 11. 85 you are looking at energy being the best performing for april even despite these big swings we have other energy news back with bp out the energy giant reported a 67 slide. Ceo Bernard Looney that the company had a good quarter tough environment here to date it has just been historic and went negative for a while. Back to 12. Crazy. Which is relative how many acres do you have there. You could store oil. Could you put a tank in the ground or just fill the pool we could probably do both we could do a whole oil field here no one Takes Delivery you would think given the challenges that uber is having, they would be doing oil delivery the other thing i told you to buy with all that land is live cattle instead, we
Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with symptoms. President trump has struck a deal to buy mill
Stabilize and support the financial system, support and rescue. Its moving quickly. On the ground, it is grim. 22 states have deployed the national guard. The virus is now infected all 50 states and d. C. And this is a first, kansas closes all schools for the rest of the school year. Its beginning to sink in that many of us will be confined to our homes for weeks and millions will not be getting a paycheck. You are waking up to an anxious america. Theres an eerie feeling when you see empty cities, shuttered businesses and a country thats really grinding to a halt. Now the markets. Limit down before the opening bell. We might be 5 or 6 down in early trading. Remember, if the s p goes down 7 trading is halted for 15 minutes. We have already seen that twice. The dow, s p, nasdaq limit down, big red arrows right there. Look at this. The yield on the tenyear treasury is now 1. 12 . So money is coming out, repeat, out of treasuries. Why is that . In part because some investors have to cover
I have got to go back reporter 50 billion to those who might be concerned that is too expensive. We dont want to talk about it it is a substantial number. Were going big. We could go back every day or every week. Were going big. Thats where mitch mcconnell, that is the way he wants to go. That is the way i want to go. I want to get it done and have a big infusion as opposed to going through meetings every couple of days. We dont want to do it that way. Go big or solid. The country is very strong. Weve never been so strong. That is what were going to be doing. We dont want, with this invisible enemy, we dont want airlines going out of business. We dont want people losing their jobs or not having money to live when they were doing very well just four weeks ago. So were going big and that is the way it will be. That is the way everybody seems to like it on the hill. Any other questions to steve . Reporter airlines and hotels, call for restaurants today. Was any type of Emergency Assistanc