Indices as you can see up 2 and a half percent on the dow, 6 higher on the nasdaq and 3 higher on s p 500 for the week. The dow, nasdaq and s p 500 up better than 30 from the lows hit in late march. Well, a judge could officially toss the case against Michael Flynn out today according to his lawyer. Meanwhile attorney planning me that flynn go all the way to the top, meaning then president obama. The very latest fallout this morning. Elon musk going on after another twitter rant. Hes suing over restrictions that kept tesla from restarting production in california and remove the automaker from golden state. Disneyland opening to sellout crowd. Enters a whole new world and laying out a blueprint of what parks can be here. My sitdown with President Trump, the very latest on getting america back to work. Thursday morning right here beginning at 6 00 a. M. On mornings with maria, mornings with maria is live right now. Global markets this morning look like this. Ftse 100 down 21 points, cac
Kron fours Charles Clifford has the story. In front of San Francisco city hall on friday more than 100 protesters were here opposed to the ongoing shelterinplace order that the state has mandated to be extended for at least another month now despite all evidence that social distancing is working and the fact that more than 1900 people have died in california from coronavirus these protesters want the state to reopen i talked to one gentleman who feels the government got it wrong from the beginning. And i think that theres a lot of this virus. It is unmerited a due to those. Mishal models predictions that have now been proven to be so far off the justification for locking this down if it even existed then has has diminished. Also on friday more than 100 vehicles circled city hall in a protest asking that the city and the state relieve rent payments and mortgage payments as People Struggle with coronavirus right now 30 Million People are unemployed. Many of these people are not going to
Therapeutic medicines, vulnerable populations, homeless, healthcare surge capacity, appropriate personnel and personal protective gear. State officers showed a very encouraging sign. The total number of hospitalizations from covid19 in the total number of admissions in the icus have remained stable. Reporter a specific newsom would get was adjusting opening schools earlier for the school year. Late july, early august. Reporter but opening up lower risk and nonessential places such as Retail Stores and increasing curbside pickups , manufacturing offices and public spaces are all requiring continuing social distancing, few specifics. We believe we are weeks, not months away from making meaningful modifications. Reporter that could be interpreted as anywhere from 2 to 7 more weeks of hunkering down, regarding close contact activities such as personal care businesses, hair, nails and gems months, not weeks. Reporter even more sketchy, mass gatherings. Concerts and Convention Halls with ten
Julia . Thats right. Disney cfo christine mckarther announced disney will be sustaining the dividend which will preserve 1. 6 billion in cash and this comes as the Company Announces that covid19 cost disney 1. 4 billion to its bottom line in the quarter and that includes a hit to advertising, movie delays and think, most of all, the closure of disneys parks. The disney parks alone had an operating income loss of 1 billion in the quarter due to covid driving a 58 drop in operating income now heres what the new ceo says about the plan that he Just Announced to reopen disney shanghai on may 11th take a listen. The approach we take may include implementation of density control measures as well as health and prevention procedures that comply with state and federal guidelines we are seeing encouraging signs of a gradual return for some semblance of normalcy in china the company talking about how before it began to close its domestic parks in midmarch they had been seeing an increase in both
Chairman. Lets get you started with a quick check of how markets are trading. U. S. Futures continuing to add to gains after u. S. Stocks rallied in the regular session. Vaped tech shares leading the gains. Alphabet optimism about the experiment of drug coming from Gilead Sciences. U. S. Futures gaining ground at the moment. This after the s p 500 rose in the regular session. We have some negative data when it comes to u. S. Fourthquarter gdp seeing the biggest fall since 2008. We did get the fed decision. We have policymakers holding rates steady. Wti also continued to add to gains after we rose in the regular session, rebounding from almost 30 of declines in the last two sessions. Haidi of course one of the big headlines, the Trump Administration putting together this Manhattan Project style effort to drastically cut the time it takes to develop a coronavirus vaccine. Operation work speed hopes to have enough warp speed hopes to have enough doses available by the end of the year as g