A 2nd day of record high corona virus infections more than a 1000 new cases were confirmed on sunday many in seoul the government has warned that may have to increase restrictions to the highest level. Hundreds of students in nigeria are feared missing after gunmen stormed a school and kidnapped a number of children about 800 students attend a school in Katsina State many flooded during the attack police say 200 have returned safely because. You know a child is a child regardless of his parent children were kidnapped and we didnt sleep throughout the night since 10 pm and were just hearing gunshots some of my relatives children were also taken i have been at the school since dawn and when im sincerely speaking we here in Katsina State are in a terrifying condition we dont see the value of the government in fact i have a younger brother and a child taken along by the kidnappers i am from down jack Katsina State and i have been in this school since dawn and yet there is no update. Ive fo
Now come to order. Without objection members of the full committee got on this task force are operas to participate. Members are reminded to keep their video function on at all times even when they are not denies by the chair. Members are also reminded that they are responsible for meeting and unmating themselves and to meet themselves after they are finished speaking. Each rose 965 only use members and witnesses is appropriate when not recognized to avoid in an ardent background noises. Members are reminded that all house rules related to order applies to this remote area. Exposure notification and Contact Tracing how ai helps localities reopened safely and researchers and i will now recognize myself for four minutes to give an opening statement. Good morning to todays hearing will focus on the essential tradeoff of the covid19 pandemic is forcing upon us between life liberty privacy and the pursuit of happiness. The role but technology to financial transaction data and Artificial Int
Edward lawrence will have airline news in a minute. But, lauren, we start with you. Lauren all right. Well the good news today, guys the rally we saw all day held into the close. Look at that, the dow up 1 1 2 . The nasdaq up 2. 1 . I will give you three Major Regions for the rally today, you touched on some of them. All 50 states eased their lockdown restrictions. The fed. We got the minutes. They are discussing ways to provide even more support to the economy. And tech, once again in the drivers seat. Take a look at amazon and facebook shares. They did hit record highs. Did they close at record highs . Facebook, yes that is a record high. Amazon, oh so close. Facebook though, they announced a new on line marketplace that can compete with amazon and others. That is why you see a 13dollar gain for the stock. Dow positive for the month of may. Nasdaq and s p 500, leadership was broad. Again it was in energy, financials and materials. Much of the power behind the rally that we saw on mon
Last week. That means 38. 9 Million People have been thrown on to the unemployment lines in the last eight weeks. 38. 64 million to be precise. The only bright spot is the weekly claims have consistently come down. That implies that the layoff trend has already hit bottom. Heres the markets reaction to all of this. The dow at the moment is on the down side but not much by. Youre looking at 60 points lower. Youre looking at the nasdaq down about 16. Small losses across the board. Helping the market, astrazeneca, working with Oxford University, they have announced progress on a vaccine. They will do phase three trials with 30,000 american patients in july. If it works, they say they could deliver 300 million doses by the early fall. Then weve got three stories about open up and open up now. 600 doctors delivered a letter to the president outlining the Severe Health costs of the lockdown. They call it a mass casualty incident. Open up, they say. The front page of the New York Post blares
Countrys seniors. We will bring you all those breaking headlines as soon as we have them. But well kick it off with fox Business Team coverage. Blake burman with the latest from the white house and Lauren Simonetti is watching the markets. Lets start with lauren. Hey, melissa you started talking about the disconnect between the Economic Data coming in and where market is headed. There was a selloff, the dow, s p 500 and nasdaq lower. But if you look at the month of april, the dow and the s p are looking at their best month since 1987. If you take a look at the nasdaq, its best month since 2001. It is only down for the year by 1. 1 . Why . Big tech coming in a big way this year. Lets take a look at these companies. Theyre 38 of the nasdaq. Facebook was the best performer in the nasdaq. Ad sales are stablizing. Amazon closing at a record high. These companies, amazon, apple, reporting momentarily. Health care was another bright spot today. Gilead is very close to getting fda approval for