But republicans are balking. Will they compromise . The cdcs new alert about kids and covid19. Warning doctors to be on alert for the dangerous inflammatory a out of control. Wildfires burning in florida. 4,000 acres. Mandatory evacuations under way. But dangerous winds on the move that could cause it to spread. Ginger is tracking it all. Abc news exclusive. Back to school. Inside how the university of arizona hopes to reopen in the fall promising everyone on campus a covid test, while the chancellor of California State University joins us live and telling his nearly 500,000 students to stay home. Superstar matt damon speaking out from selfisolation in ireland revealing his daughter had covid19 and how a small town adopted the superstar. The oscar winner repaying their kindness and surprising a nurse on the frontlines in dublin. Oh, my god thank you so much for what youre doing. Good morning, america. Were happy to be with you on this thursday morning, as you like to call it, robin, fr
Starting to take tentative steps toward reopening. Numbers released, adding nearly 16 million subscribers and crushing estimates. Taylor, we have to start with oil today. What is happening . Taylor when we spoke yesterday, it felt like the equity markets were not pricing in some of the panic in the oil markets. Today, that changed. Some of the nervousness started filtering through. They are off about 3 or so. Nasdaq off about 3. 5 . What that meant is that these oil markets are really starting to break down. Know that the may futures contracts expire today. Some of the june contracts are starting to roll over. We are getting the sense that if that continues to fall further, this is not a may contract technical glitch, this is more of a macro issue. Concerns remain on the demand side as well as the oversupply. Some nervousness was filtering in the oil markets today. Netflix,ts talk about crushing its own estimates, adding 16 million subscribers. I know i was watching tiger king. The que
Day. Saudi arabia already scaling back production ahead of the may 1 deadline. Lets take a look at how markets are setting up. New zealand is closed for the anzac day public holiday. No trading in kiwi stocks. Seeing optimistic. Japanese future going higher going into the bank of japan decision where bond buying could be on the table. Watching the japanese yen as it passes through rumors and conflicting reports on the health of the north Korean Leader, watching for a risk asset. Side in asiane trading monday, reflecting the pickup in u. S. Trading friday although we are seeing u. S. Futures trending lower in the morning asia session. Saudi arabia has already started curving output ahead of the may 1 starting date for the opecplus output and production curve agreement. Four days of gains when it comes to oil prices. Shery global confirmed cases having an impact on the markets, approaching 3 million according to data elected by bloomberg and Johns Hopkins university. There are signs new
Brent crude hits its lowest price this century as the demand crash hits the Global Benchmark. An impromptu opecplus call reaffirms commitment to cuts but no action. Repeat,see brent, brent. The u. S. Senate passes new Pandemic Relief Funds totaling 500 billion. Treasury secretary Steve Mnuchin says it is likely to be the last roche sees a bump as they work on developing tests for covid19. We will speak with the ceo of roche at 8 00 a. M. U. K. Time, 9 00 a. M. On the continent. Just one hour away from the start of cash equity trading throughout europe. Lets take a look at what futures are doing this morning after that drop in u. S. Stocks yesterday. Euro stocks futures, the benchmark European Index futures. 7 5 . Ts trading at ftse futures up just over. 5 right now. Take a look at what is going on in u. S. Futures. Also seeing green arrows they are. A little bit of a bounce to be expected for sure but we see s p futures up. 5 , nasdaq futures . 6 these are the top stories from the bloo
Some of the democrats wish list has been taken out but the Kennedy Center for performing arts still gets 25 million and there is a provision which limits the response of Small Businesses to union action. Surely at times like this we should be able to pass a clean bill without measures that have nothing to do with rescuing the economy. It is a 900 page bill. We are still going through it. We are looking for the pork. Now look at the markets. There is virtually no reaction to those really bad jobless numbers. We will open with a very small loss, maybe go to the plus column at the time we open up. Right now we are looking at a 57point loss, 67 points for the dow industrials. Remember, please, this follows backtoback trading sessions where stocks went up. Some think that is a sign of at least a shortterm bottom. Well see. Again, the dow is now down 70. S p down 13. Nasdaq down 21. Lets get to the virus. 200 americans have died in the last 24 hours. The death toll now exceeds 1,000 in the U