Congressman Roger Williams. As the nation prepares to unwind the lockdown what do we need to know to prevent a second wave . All that, so much more on making money. Charles all right, folks, the market i think holding up pretty nicely considering everything. It has been making a stand all session long. Just here over the last hour or so, actually trying to rally on news that germany now will infact be coming back online beginning april 20th. But even before this mornings spate of earnings misses, terrible economic data, the market was indicating it would be a tough session. All night long the market was down. Now you could argue that the session was, to the downside, really, that this is overdue. Considering that the s p 500 has rallied 30 from march 23rd, the intraday low of 2191 to yesterdays intraday high of 2851. The question now, how much risk is there to the downside . Has wall street largely changed its tune on the need for major indices to retest the lows . I want to bring in m
Fractional moves overnight in asia. And now the latest on the coronavirus this morning. 1 Million People have now become infected. The United States is representing nearly a quarter of the world cases and the cdc is expected to advice all of americans now to wear cloth masks in public to stop the spread of the virus. Vice president mike pence saying that the new guidelines are coming in the next few days, this on top of social distancing rules. The Coronavirus Task force keeping close eye on louisiana, michigan, indiana, georgia and illinois as next potential coronavirus hot spot. In louisiana 26 of all tests are coming back positive. Connecticut being watched closely this morning. Covid19 fears growing abroad stranded crew ship. Princess cruise ship headed to florida today with several infected passengers, comes as a crew member dies on the celebrity infinity ship sitting off the coast of st. Petersburg this morning. Cruises finally dock at port everglades. Passengers will remain on b
Money . The answer will likely lie with what happens on the virus front. Its good to see everybody hope everybody had a pretty decent weekend with your families, staying safe courtn courtney, im going to go to you first. Its been a while since we have seen you i hope you and your family are well tell us how youre thinking about the markets today. Sdp first of a first of all, thanks for having me pe back. The markets are as expected. Im pleasantly surprised at the resiliency were getting some positive news as to how china is coming back were getting positive news at the potential of this to tail off as we move into the later part of the year which all of us have thought through and thought about. Assuming people continue to do as theyre told and staying quarantines and staying six to ten feet apart even, i think we will start to see things change. The fed has been incredibly responsive and hats off to whats going on as it relates to the fed and the response ifrness in markets no one wan
To up to 4,500 jobs in the uk, as part of restructuring plans to make it more profitable. Three call centres, in sunderland, hull and worcester, could be closed. Unions have called it a cruel blow for the compa nys workers in the run up to christmas. Our economics correspondent andy verity has more details. Sunderland, where workers used to be told that manufacturing was the past and call centres were the future. Not any more. A few miles away, near the town of houghton le spring, 2500 Call Centre Workers were among those told by npower today theirjobs were going. Disappointment, but its a shame, theres nothing else we can do. Ill take it one step at a time. Im still going to do myjob, still going to do the best i can, and take it from there. Its a heavy blow for an area already reeling from bad economic news. The future does look bleak, to be honest. Youve got tata, youve got british gas. For 2000 people to lose theirjob, what else is going to replace thatjob . Where are they going to
The Energy Supplier is to cut up to 4. 5 thousand jobs in the uk as part of restructuring plans to make the firm more profitable. Three call centres could be closed. Our economics correspondent has more details. Sunderland, where workers used to be told that manufacturing was the past and call centres were the future. Not any more. A few miles away, near the town of houghton le spring, 2500 Call Centre Workers were among those told by npower today theirjobs were going. Disappointment, but its a shame, theres nothing else we can do. Ill take it one step at a time. Im still going to do myjob, still going to do the best i can, and take it from there. Its a heavy blow for an area already reeling from bad economic news. The future does look bleak, to be honest. Youve got tata, youve got british gas. For 2000 people to lose theirjob, what else is going to replace thatjob . Where are they going to go . Its just another nail in the coffin in this area. Its one after another. My fear is what ab