Decades. The economy there slowing by almost 7 . And two dow components moving higher boeing that is restarting some production in Washington State and proctor and gamble reporting strong sales growth. Ill hit that later in the hour. Yes, indeed, hooking forward to that. Markets up 1. 5 59 minutes left of course. Lots of big guests coming up including we will discuss the broad market rally with bank of america and blackrock and chamber of commerce ceo, tom donohue will discuss the call for congress to provide more emergency funding to Small Businesses bob pisani is tracking todays rally. Adam from staten news is with us to talk about the market moving report he cowrote on gileads drug bob, lets kick things off with you. Well, we are up today and have been all day, but were at essentially just off the lows for the day. So the markets kind of running out of steam here. The good news here is is all the beaten up sectors are rallying today on the somewhat hopeful news on coronavirus treatm
This is the one that went negative. 1. 46. Ading at the International Benchmark is . 62. That is what we have at the moment. The oil prices the biggest toy of the day. Thank you very much for joining us. In some ways, this is manna from heaven for shippers, isnt it . Fuel is a Ship Operators single visit biggest expense. Shippers are benefiting from Lower Oil Prices, that is for sure. Their ships currently being used for storage. Haslinda how many more can be expected given that there will be more of this in the coming months . Brent crude futures fell by about 9 . For the moment, i would say the outlook is pretty bright. Particularly on the new york stock exchange. Haslinda how much is there an term of freight rates, tanker rates . That is a crystal ball that i am not qualified to see. The future looks pretty good. Rishaad Something Like 95 of global goods are transported on ships. What is the mind of the moment about the environment . I think the biggest single problem that we have i
A result we cannot lose ourselves in the darkness we have to remind ourselves that there is still an amazing amount of good in this world and that there is still hope there is always hope so today let us celebrate some of the good that has come from all d of this bad starting with the tremendously fantastic news that since us humans across the globe been spending more time indoors the outdoors has had the time to start healing itself yes the guardian other outlets are are now reporting that according to satellite imagery from the European Space agency the coronavirus pandemic is shutting down industrial activity and temporarily slashing air peru pollution levels around the world and that levels of nitrogen dioxide over cities and industrial clusters in asia and europe were markedly lower than the same period last year. Meanwhile another bit of great news for both the environment and remind us of our ability to change the world the Standing Rock sioux tribe just want to major victory in
We will bring you those numbers as soon as they get the hit. They may very well impact markets. We will look ahead to jobs number coming up. Job losses could hit 47 million and Unemployment Rate could surge to 32 . Jim bullard is here later this morning, more on jobs, action by the Federal Reserve and what if any rebound we can expect from the crisis. Interview coming up at 7 00. President Trump Pushes Congress to pass 2 trilliondollar infrastructure bill now to help boost the economy along the road to recovery. The president says the bill willing very big and bold. Meanwhile this, the death toll in new york city has surpassed 1,000, mayor bill de blasio joining the call for help as more makeshift hospitals are created. This as more states go on lockdown this morning, mornings with maria is live right now. We want to check Global Market s. Dax index in germany lower by 277. Factory activity in italy contracting at the fastest rate in 11 years. 40. 3 and french factory activity calling
A result we cannot lose ourselves in the darkness we have to remind ourselves that there is still an amazing amount of good in this world and that there is still hope there is always hope so today let us celebrate some of the good that has come from all of this bad starting with the tremendously fantastic news that since us humans across the globe been spending more time indoors the outdoors has had the time to start healing itself yes the guardian other outlets are are now reporting that according to satellite imagery from the European Space agency the coronavirus pandemic is shutting down industrial activity and temporarily slashing air proo pollution levels around the world and that levels of nitrogen dioxide over cities and industrial clusters in asia and europe were markedly lower than the same period last year. Meanwhile another bit of great news for both the environment and remind us of our ability to change the world the Standing Rock sioux tribe just won a major victory in cou