California also dramatically rolling back. Indoor dining and bars across the state. Staff to asking retail work from home as the company forces more Stores Across the covid19. D shipping joining us to break it all down and talk about how this hit the market today, Bloomberg Markets reporter Abigail Doolittle. Talk to us about what drove the drove higher than sharply them back. Abigail a big aeration reversal having not so much to do with the virus. 500, the s p p 500, the highest level out of the air market. The bigger show was for the tech space. The nasdaq at one point up more than 2 , closing down more than 2 . Those indexes so tightly wound, record high after record high, including today. Overbought, overextended. There were also some headlines out around the u. S. And china that seemed to help the selling pressure continue. With that, we had bonds trade higher. If you take a look at it on the day, netflix a perfect example. Today, earlier today, netflix had been up about 4 , closi
And Andrew Ross Sorkin well start with the markets this morning as the nasdaq logged another record high nasdaq now on an eightday win streak the longest since december last year watching u. S. Equity futures today. There is a pull back the dow is indicated down 265 appointments s p off by 28 and nasdaq down by 50 the nasdaq has seen its best quarter since 1999 and the dow the best since 1987. Check out the s p, for this quarter, s p is up for its best returns it has seen since 1975 looking at the treasury yields this morning youll see the 10year note yielding 0. 7005. That is kind of our comfort zone pretty comfortable if you need to borrow money for sure. The u. S. Is weighing some new tariffs on experts in this case from france, germany, spain and uk related to the 15year old wto fight over aircraft subsidies. Saying the eu is guilty of unfair subsidies to airbus the u. S. Has been accused of unfair subsidies to boeing, negotiations have been at a stalemate. Andrew thank you, joe in
Color, irrespective of party affiliation. We are one america. And lets try to act that way. And i close this briefing. Thank you. As that herring comes to a close, lawmakers discussing how the Veterans Affairs department, this is a live hearing getting under way now on cspan 3. If covid19 turned into a pandemic and portions of the United States Health Care System broke down the va may need to come back and ask for additional funds and since then congress has appropriated 17. 2 billion for vhas covid19 Pandemic Response and i was glad to help advocate for that funding. Now im not sure that many of us here on the dais know what to expect during that february hearing nor did we fully grasp the enormity of the Public Health challenges americans would soon face from the pandemic. This is largely because the administration failed to recognize these risks and communicate them to the American Public in advance of the crisis. Here we are a little more than three months later and exactly 90 days
A lot of empty runs on the weekend after dropping off their cargo trucks came back empty that something on the public wants to avoid. Hoover condo was supposed to make 3 runs today but the 2nd was canceled if no other solution is found the truck will go empty for 500 kilometer. Over canada has been a truck driver for almost 40 years his work has changed a lot over that time. Thats why im on call this used to be a dream job not me more. There are too many trucks on the roads and. Traffic is heavy on parking and there are constant traffic jams i cant just drive past it on the shoulder or say get out of my way im on a deadline that mean. The number of trucks on germanys freeways has been rising with no end in sight but 2030 its expected that freight volume will increase by 39 percent driven by the growth in online shopping. More goods going by road will bring more congestion. Both to tell our friends is a Management Consultant he never had anything to do with trucks or Freight Companies b
Also suffer the effects of road traffic clogged streets and produce it and if you build a city or wrongs of car you forget to human beings on the street. As a crossroads how can we really imagine the mobility of the future. Shipment has failed to materialize the just 6 agent all of it goes over to talk to his driver in the meantime they had a lot of empty runs on the weekend after dropping off their cargo trucks came back empty so thats something all of the public wants to avoid. Overcome there was supposed to make 3 runs today but the 2nd was cancelled if no other solution is found the truck will go empty for 500 kilometers. Yes. Over canada has been a truck driver for almost 40 years his look has changed a loss over that time. But. This used to be a dream job not anymore. There are too many trucks on the road and. Traffic is heavy on and there are constant traffic jams i cant just drive past it on the shoulder or say get out of my way im on a deadline that means. The number of trucks