Point. Scarlett has been talking about selloff we have been seeking in oil. We were down but we are seeing crude dipping about 6 . Scarlet oil prices have been all over the map. Eventshis week, the scheduled to taken place, the Virtual Conference call that is on thursday. Friday, the g20 Energy Ministers meeting, where the u. S. And canada may start to play into the production cuts as well. As you were talking, i just down the up the dow smallest percentage move. It has been a long time since we saw the dow kind of close flat on the day. Pretty telling. Quite an amazing day. We have been talking about this all day, the volatility. No one really knows where anything should be praised. Still with us, we want to bring heinel, state street deputy cio. Lets talk about the earnings season set to kickoff next week, earnings season that people are starting to dismiss already. I am wondering what your expectations are, what you are expecting to hear, and how much stock you will be putting into
Changing life as we know it as the global toll now surpassed about 17000. 00 with more than 395000 total confirmed cases indias Prime Minister declared a 21. 00 day nationwide lockdown extending the restrictions to the entire country of 1400000000 people countries across europe are also looking to extend nationwide lockdowns are declining in italy for the 2nd day in a row offering a glimpse of hope italy had a world record death toll of about 793 on saturday that number declined to 601 on monday in spain things are worsening as the death toll jumped by 514 in just one day now according to data and nearly 14 percent of spains total reported cases are Health Workers but on a positive note Emergency Service workers gathered outside the hospital clinic in barcelona to join in cheers as Police Officers led a tribute for Health Care Workers as they issued a desperate plea for the public to stay home the u. K. s Prime Minister Boris Johnson announced rustic measures for the british people to
Could close with an agreement to cut output. Russia says it is prepared to cut as much as 15 . Lets get a check on markets. We are seeing quite a bit of risk abbett risk appetite, given that we dont see signs of a peak in cases globally in the epicenters of coronavirus. Dax up 2 and the futures pointing to gains. The s p 500 technically went to pool territory. Bull territory. Will initial jobless claims put a stop to the rally or will they shrug off the numbers . One market is perhaps telling a different story. The dollar is steady in todays session. Gains, someg some optimism ahead of the opecplus meeting in oil. Generally a bit of a riskon tone across markets. Bloomberg first word news. Vicena former u. S. President joe biden is the Presumptive Democratic nominee for president after Bernie Sanders suspended his campaign. He thanked supporters for helping create an unprecedented grassroots movement. Stays says he will on the ballot to help democrats closer to his vision. Oil gaining a
Just three Industry Groups are higher, and really, the highest among them are the food, beverage, and tobacco index. Mainly, the banks are lower by 2 , consumer durables down by 2 . Everything else down 1 or more. The 10 year yield at 57 basis points. I mean, essentially, the market is taking this really dire labor number very well. Down seven for the month of for the down 701,000 month of march. Was weeks before the mandated quarantine for many, so we know this is going to get worse. 26. 89, reflecting the mood between the president and russia and saudi arabia. Russia said it never saw prices going to 20. The dollar index at 100. 7 right now. An eye onant to keep that. The dollar continuing to be something of a stress point and a little but of a tell on these markets. U. S. And european stocks are down hard. We know that your to date. The s p down circa 20 . The stoxx 600 down 25 . A lot of people asking the question, is now the point at which longterm investors should be looking to r
A show for you today so lets go and dive right in. The krona virus pandemic is changing life as we know it will toll now surpassed about 17000. 00 with more than 395000 total confirmed cases indias Prime Minister declared a 21. 00 day nationwide lockdown extending the restrictions to the entire country of 1400000000 people countries across europe are also looking to extend nationwide lockdowns are declining in italy for the 2nd day in a row offering a glimpse of hope italy had a world record death toll of about 793 on saturday that number declined to 601 on monday in spain things are worsening as the death toll jumped by 514 in just one day now according to data and nearly 14 percent of spains total reported cases are Health Workers but on a positive note Emergency Service workers gathered outside the hospital clinic in barcelona to join in cheers as Police Officers led a tribute for Health Care Workers as they issued a desperate plea for the public to stay home the u. K. s Prime Minis