The dow is down nearly 1 . The nasdaq is back in positive territory. Apple is boosting the dow adding 150 points to a decline we would be seeing. Amazon and facebook arent in that index caterpillar, chevron, exxon mobile are driving the blue chips lower. Lets start with bob who will tell us what were seeing from earning season as a whole now that were a little more than halfway through. Bob. We have a little bit of a problem. Its great may have tech earnings are fantastic but theyre not enough to move the market really forward. You can see this today just look at the sectors of whats going on. You have technology up because apple is up. You have Consumer Discretionary up because amazon is up. Everything else, the other economy is having hard time. Tech earnings are even fantastic. We have this two tier economy thats going on. Its not a split between wall street and main street its just theres a two tier economy. One part is digital and thats the megacap tech and software and the Techno
Independent and asking a lot ofd republicans. Welcome to Washington Post live. Im bob, nationalst political reporter at the post. This morning i am joined by senator bernie sanders, independent of vermont, former democratic president ial candidate. He joins us from burlington, vermont but good morning, senator. Thank you for being here. Good to be with you. Lets cover a lot of ground. We have 30 minutes here and getting two issues. First up, the pandemic. The death toll continues to rise and millions of americans are out of work and as a u. S. Senator what do you want to see as a priority in the next round of legislation . The first thing we have to appreciate is how unbelievably rare the current moment is. I thank you can argue we are experiencing something that is unprecedented in thern history f this country. Europe has 80000 people that have died from the virus and 30 Million People have left their jobs in the last couple of months. The first thing we have got to do, as a nation an
Very much for joining me. I want to express to each of you, my deep gratitude for helping to create an unprecedented grassroots hadtical campaign which is a profound impact in changing our nation. I want to thank the hundreds of thousands of volunteers who knocked on doors, millions of them in the freezing winters of iowa and New Hampshire and in the heat of nevada and south carolina, in states throughout the country. Want to thank the 2 million americans who contributed financially to our campaign and showed the world that we can take on a corrupt Campaign Finance system and run a major president ial campaign without being dependent on the wealthy and the powerful. Thank you for your 10 million contributions averaging 18 and . 50 per donation. Didnt to thank those who the phone bank for the campaign and those who sent out millions of texts i want to thank the many hundreds of thousands of americans who attended our rallies, town meetings and house parties from new york to california.
Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distancing rules in place across the country, and that was the result. Down 29 . The other big story of the day, the w. H. O. Is under fire from President Trump. The president saying he may freeze funding to the organization over its response to the pandemic. This is happening as we get more clarity on what may be in a fourth stimulus package. President trump wants 250 billion more for Small Business. Senator schumer wants a 25,000 bonus for front line heroes Like Health Care workers. And we also have s
Latest target is the World Health Organization his criticism mounts over his response to the pandemic. Ethiopia declares a state of emergency warning of grave illegal measures against anybody who undermines the fight against. A bleak prognosis for African Americans and a plea to learn the lessons from current are. So then the uns a chemical weapons watchdog has released its 1st report explicitly blaming the Syrian Government for sarin and chlorine attacks against civilians the organization for the prohibition of chemical weapons and looked at 3 attacks in 2017 in the northern syrian town of the men in Hama Province it says there are reasonable grounds to believe Government Forces used bombs containing sarin that hit heavily can jet. Its civilian areas including a hospital the report goes on to say that Bashar Al Assads heavy use of chemical weapons has been a crucial part of his regimes military strategy lets cross straightaway to our diplomats at the james base who joins us from the U