Response to the corona virus outbreak. Political breakthrough in afghanistan the president and his rival resolve their stalemate over a disputed election. After more than a year and a half of failed elections diplomatic deal making and political paralysis a new government has been sworn in in israel and agreement has been forged between longtime Prime Minister Benjamin Netanyahu and his political rival benny gantz each will take the countrys leadership for a year and a half 3 elections had failed to determine a clear winner now back in power netanyahu reaffirmed his commitment to atic saying illegal jewish settlements in the occupied west bank. Its time to apply israeli law and work to gain restraint during the history of zionism the state doesnt delay peace. It brings it closer because peace must be based on the truth and the truth is that there were hundreds of thousands of settlers and judeo and smeary brothers and sisters they would stay there as part of any Permanent Peace deal. G
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
We will hear from Large Companies including four dow components, 3m, caterpillar, merck and pfizer, we have tall numbers coming out for you. Markets this morning look like this. Investors looking to add onto yesterdays rally, dow futures up 135 points and nasdaq futures higher by 113. Markets rallying as lockdowns are ease ago cross the country and new round of stimulus goes into action. Plus changing face of travel, jetblue making masks and limiting seating, mornings with maria is live right now. Dax index higher by 205, almost 2 . The u. S. Central bank would ease Business Loan term as it expects emergency Credit Demand to surge. In asia overnight markets were mixedment take a look at the numbers in asia. You have some strength in hong kong, up one and a quarter percent. The others negative. The kospi fractionally higher on the fraction. Oil sliding this morning. Another selloff on the price of oil this morning. Take a look where we stand, another decline of 5 sitting at 12. 13 a bar
Deployed from two Army Hospital units, and they are doing a great job. This is something that we didnt expect to do, but they needed help in new york, and we sent federal troops, not only troops, we also sent a lot of very talented doctors, nurses, First Responders, people who are now running javits. Also as you know, the usns comfort which is in new york, theres been a lot of publicity about that coming in, that was not supposed to be for the virus at all, under any circumstances. But it looks like more and more were going to be using it for that. We will see. That was supposed to be for people having other medical problems, but its very interesting because there are virtually no cars on the road. No motorcycles on the road. No anything on the road. Things that would normally be taken care of we dont see anymore, so we havent seen that in a long time. Perhaps a positive. But the ship is ready, and if it has to, if we need it, if we need it for the virus, we will be using it for that.
They have been working. Before i begin, i want to express our nations well wishes to Prime Minister Boris Johnson as he wages his own personal fight with the virus. All americans are praying for him. Hes a friend of mine. Hes a great gentleman and a great leader. He is, as you know, he was brought to the hospital today. Im hopeful and sure that he is going to be fine. Hes a strong man, a strong person. Today, every patriotic american heart beats in solidarity with the incredible people of new york and new jersey. They have really become a very hot zone. Some very good things are happening. In new york, the first time aware of the deaths were less from the previous day. That is the first drop so far. Maybe that is a good sign. Could be. The hospital levels are starting to perhaps decrease. It has been very short but perhaps decrease. We wish Governor Cuomo and all the people in new york and new jersey, your governor is doing a great job. He is doing a great job in new jersey. They got h