Lineup of guests coming. Federal reserve vice chairman will join us exclusively in a few minutes for his first interview since last weeks fed meeting. Well also pespeak with the ceoo human there is a and a massive afternoon of earnings headlined by disney, ea, beyond meat and activision and well peek with actvisions ceo ahead of his Earnings Calls after the numbers come out as i said, were at 1. 9 with 59 minutes left lets moex fowlkes on the big stories. Meg has new developments on the treatment and vaccine front but mike, lets kick things off with you in the markets yeah, another day of fairly orderly levation in the indexes. Today its a broader rally even though its been led by the big tech stocks. A chart of the s p going 50 0 going back a year, were back up to the upper end of this crash levels last september, october, sort of going back to early 2018, an area where we gave a little friction to the rallies, but clearly, a market is acting as if big investors feel u underexposed to
It is a new era in this crisis. And as we come on the air tonight, there is still a divide in this country about whether we are moving too quickly or not fast enough to reopen. Tonight, as some restaurants are beginning to serve customers again, in other states, including new jersey and california, there are increases in Coronavirus Infections and deaths. Nationwide, there are more than 1,067,000 cases of the virus, and nearly 63,000 people have died. Today, we learned nearly four million more americans filed for unemployment in the lft week alone, pushing the total number out of work past 30 million. There is some new hope tonight about getting the pandemic under control. The president says he is launching an Ambitious Program to fast track a vaccine by january, something top experts say could be possible. Our team of correspondents have all of this covered, and carter evans is going to lead us off tonight in newport beach, california. Carter. Reporter for most of the day, norah, cali
I am. Odonnell but is the plan realistic . And is it safe . Plus, what u. S. Intelligence is saying tonight about where the virus came from. Meat plants hit hard as poultry farmers now get sick from the virus. The impact on workers and your grocery bill. Biden to address allegations pressure grows on the former Vice President to break his silence on a Sexual Assault claim. Museum from home americans in quarantine get creative to recreate the masterpieces. And tonight, this sweet story of a nineyearold girl who gave her money from the tooth fairy to first responders. This is the cbs evening news with Norah Odonnell, reporting from the nations capital. Capital. Odonnell good evening, and thank you for joining us. Hours from now, federal stayat home guidelines will expire, just as 35 states begin distancing restrictions. It is a new era in this crisis. And as we come on the air tonight, there is still a divide in this country about whether we are moving too quickly or not fast enough to r
That the hefed puts out, down severely. We will tell you the sectors suffering the most and no, it is not travel and leisure. As the Dow Jones Industrials fall to about 323 points, that percentage is a loss of about 1. 33 but look at the russell 2000 small and midcaps losing near double that amount. This selloff comes as the u. S. Sees the highest number of coronavirus deaths in a single day, 2405. At the same time, President Trump threatening to pull funding from the world health organization. Coming up, one allamerican fortune 500 company is doing the complete opposite. Colgate palmolive teaming up to get its soap to a world absolutely desperate for safe hands. But its the virus antibodies everybody really wants. Coming up, this is the Silicon Valley disruptor that is speeding up plans to launch its lifesaving drones in america. The cofounder and ceo is about to show you, youve got to see this, how they have been delivering blood, plasma and medicine to remote regions in africa for y
Which most ceos sounded positive in some aspect of the business. Is where we are on the s p 500. Some Tech Companies leading that higher. We had alphabet coming out, very positive for the markets today. Some conflicting headlines on gilead right now, though i will say, different tests for different things. Some tests prove some things, other tests fail. That doesnt mean it wont be a tool in the fight against covid19. Thats for sure. The 10 year yield at 59 basis points. We saw a little bit of buying after the gdp data. We were obviously expecting a terrible number. Crude is trading a bit higher, but at 15. 46, nothing to write home about. A slightly comber vix today. A slightly comber vix today. Guy guy the Banking Sector one of the bestperforming here in europe today as we continue with the European Bank reporting season. Deutsche, standard chartered, butlays all trading higher, still bracing for the full impact of the virus pandemic. Heres what some of the executives at some of those