Expand testing in fact its tested 10000000 people testing 300 every day and what the worst hit states are doing is that they continue to test more people. And their facilities here and. The results of the. Spread the virus we also heard from delhis chief minister a few hours ago and he was positive about the situation despite the fact that delhi has reached nearly 100000. 00 cases and thats because he says that only a 3rd of the regions 15000 beds a currently in use do you remember a few weeks ago delhi had a real problem. But he says that most people are recovering at home having said that he pleaded with those who. Think that the worst hit cities are doing is they really. As a way of treating patients and so people are trying to the government states are trying to deal with this by expanding testing expanding facilities but you can also see behind me im at. One of the most popular tourist sites in the country on the 1st day that monuments around the country have been allowed to open
We are getting out of equities and bonds. They are getting out of crude. They are all just going into dollar, the dollar being another safe haven here. Caroline certainly the dollar remains the haven of choice. It is interesting whether we are talking about an inflationary or deflation area cycle as sherry was pointing out. Volumes have been very much on the thin side today, and people have been taking a step back on the risk on and risk off folk us. Volumes in the s p 500 remain. Romaine i am glad you brought up the volumes. That is something we should have talked about a bit more. The price action over the next couple of days may not be completely reflective of economic sentment, but it could cause a lot of problem for folks depending on the side of the trade you are on. Caroline lets take it back out to sherry paul now. Sherry, the big expiration as for the hearing from that coming up. Volatility s of and you are saying to remain committed. The dollar remains stronger as taylor poin
There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this week. Lets see how things are shaping up for asian markets. Monday, fragility well. On view as asian stock futures looking mixed after the regional benchmark cap to the first weekly drop in three. Patch,hitting a rough sinking more than 5 in three days. Signaling concerns around a potential recovery across the globe. Value performing decently in a for the month of we are going to find out if Central Banks will add support with rate decisions do including taiwan and indonesia. In japan, after pa
It is not over. It is just beginning the days are long right now. We are going to take that. Im becky quick along with joe kernen and Andrew Ross Sorkin. We are sitting at the flat line. Dow down about 7 or 8 and nasdaq up by about 13 yesterday, the dow was down 710 points a decline of 2. 7 s p off 2. 6. Came with huge steep declines going as smoothly as people had hoped. All of those concerns added up to steep losses. Looking at the treasury yield at 0. 669 now you see additional pressure as we continue to watch that case count talking about that, the United States seeing a Record Number of new coronavirus cases in a single day. Tallyi tallying 45,000300 that tops the numbers from april reporting that visitors that travel from hot spots to new york, new jersey to connecticut will be asked to quarantine two weeks. Those who defy that order. Hot spots include arizona, utah, texas, arkansas, alabama, north and South Carolina President Trump says he will not follow the quarantine order wh
A Weapons Development base big has more from to horizon on the significance of the announcement about the facility. Significant in the sense that were beginning to have an understanding of the extent of the damage has caused like the Financial Impact now the head of the Irans Atomic Energy Organization he now he made these comments when he was meeting the National Security and Foreign Policy commission and he said that the financial damage was considerable but he also said that the investigation and its findings would be released soon i previously we had heard that those findings were being held back because of Security Issues which further fuel suspicions and rumors inside and outside the country weve also had the spokesperson from Irans Atomic Energy Organization say that that this incident could slow down some of the production of advanced centrifuges but he went on to say that iran compensate for this by increasing capacity now thats a political statement thats a political statemen