Congressional hearing held during the extenuating circumstances of a pandemic. We have a sparse crowd and an expanded dais reflective of the committees adherence to guidelines put forward by the rules committee and attending physician. We thank our members and staff are there patience and understanding as we work through the logistics involved in holding this hearing, which is a critical part of the committees ongoing oversight of the Intelligence Community. Members will be joining us on a rotating basis throughout the morning. Again, this afternoon, as we move to close session. Their absence now is not a reflection of the importance they place on this matter. We have asked members to watch as much of the hearings as they can from their offices, only coming into the hearing room to ask questions. I would also like to thank the press corps for your accommodation of the restrictions we are placing as we seek to fulfill our requirements to hold this nomination hearing in an open setting,
1 plus for most of the session. Yen is paring some of its gains. 107. 29 after the bank of japan said it would do what it takes to keep the economy in check. The 10year yield at 64 basis points. They are in that range, quite happy to stay there. President trump and retailers are set to announce expanded coronavirus testing programs. That is something to look out for. Standing by is taylor riggs with a deeper dive into the market. Taylor some broadbased gains within the equity market. I wanted to dive deeper into financials. One of the best performers today, up 3 . This after yields on the 10 year are rising. You are seeing financials benefit from the steepening of that yield curve, lifting up the long end of the curve. Also getting a little bit of strength, the rebound. Crude on the other side of that. Clearly bearing the brunt of this with the oversupply problems, lack of demand. I want to take a look at the equities market in the last 24 days. Equity markets bottomed out on march 23,
Life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, wi Financial Planning and advice for today, and tomorrow. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the numbers keep building in the covid pandemic, even as the pace slows in some hot spots. The United States now has nearly a third of the worlds three million infections, and 55,000 aths. At the same time, tensions are growing over getting back to business ephanie sy begins our coverage tonight. Reporter its the start of a new work week, and most americans are still at home. But in some stat, more doors are opening for business. Georgia was one of the first states to begin relaxing restrictions last week that continued today with restaurants and movie theaters resuming normal
Americans. It has sickened over 1 million americans and it is impacted every one of us. My deepest sympathies are with those we lost, and i salute the efforts of those on the front lines including the dedicated Intelligence Community professionals reporting for duty and carrying out their mission. These are truly trying times and your courage, honor and sacrifice will not be forgotten. Id like to begin by thanking President Trump for his Incredible Opportunity for me to serve our nation and for his confidence in me. I would also like to thank former u. S. Attorney general John Ashcroft for his gracious and humbling statement. I am forever grateful for your faith in me. I also want to recognize and thank senator cornyn for his kind words, and my fellow texans for their support. It is been the privilege of my life to represent the constituents of texas was Congressional District. Finally and most Important League theres no way i could be with you today without the encouragement and suppo
Major funding for the pbs newshouras been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with financial planninand advice for today, and tomorrow. The william andfolora hewlett dation. For more than 50 years, advancing ideas and supporting institutions to promote a better world. At www. Hewlett. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for nsblic broadcasting. And by contributo your pbs station from viewers like you. Thank you. Woodruff the numbers keep building in the covid19 pandemic, even as the pace slows in some hot spots. The United States now haofnearly a thirhe worlds three million infections, and 55,000 deaths. At the same time, tensions are growing over getting b business. Stephanie sy begins our coverage tonight. Reporter its the start of a new work week, and most americans are stil