Google ad demand although previrus quarterly was of. That march was difficult. Started. Ts get you we are seeing u. S. Futures coming online, flat, a bit of Downside Pressure. We have u. S. Stocks in the regular session wally. The Downside Pressure on big tech, really leading the declines. The nasdaq composite reversing two sessions of gains. U. S. Consumer confidence dropped in april to the lowest since 2014. There is a big week of earnings not to mention centralbank decisions ahead of the fomc meeting. We have the dollar falling because it has been weighed down. Rising wti rebounding, in the overnight session, above the 13 a barrel level. It felt in the new york session fell in the new york session. There were some swings in the u. S. Oil fund, saying it will sell out june positions. Haidi our next guest says the next turning seasons will not offer much to investors but they are bullish on u. S. Stocks. Jim macdonald joins us. Great to have you with us. You are more bullish in the u.
A heaping of starbucks and shake shack after the closing bell despite a host of developing threats out there, no disability a quarter of companies that have reported so far have yanked guidance China Threatens retaliation for its role in the pandemic, and the virus death toll, new reports we could see 3,000 deaths a day in the United States as states begin to reopen. Is the action we saw today actually a sign that the market may be climbing a wall of worry . Hi, mel. Hi, guy its clearly climbing something. Tims been on this theme, so kudos toll him i was impressed, the price today was, you know, very interesting. So kudos to the market and people that still believe in it. Out of the three things you mentioned and loss of life obviously is the most concerning, but in terms of the market, you know, this potential retaliation against the chinese, that Steve Mnuchin spoke about today, and saying the chinese were still going to honor their trade agreement, i personally dont think the market
Tonight, bringing america back with a hot meal and a warm smile. The many faces behind the restaurant business, slowly reopening their doors. 3. 2 million more americans filing jobless claims last week. So many of them working in the hardhit food industry. Now the all hands on deck effort to turn the five minutes until our first wave of firsttime customers arrive. Dinner time rush looks a little different for these partners, what was once a night out is just a drive by. Were calling it family meal. Theyre relaunching their trendy chicago pacif. Its 55 and feeds a family of three or four, and you drive by, and a server from the restaurant comes out in glove, drops it in your trunk and you drive away. Its a risky move. What keeps you up at night . Where do i smart the employees are number one for sure. The other thing, recently, is how to restart. Thats the question facing so many across the country right now as states navigate how best to get back to work. Now more than twothirds of the
Day from the field to the fork, to the grocers, to the meat processers, and thanks to the president s decision to use the defense production act we now have uniformity. The objective is work every day to keep those Meat Processing plants and ones coming down going back online. While were trying to keep workers safe an healthy. Weve done that. So with the testing, with the ppe, with the restructuring in the facilities theyre also doing a lot of that as well to social distance where they can, put in shields, look at lines to separate the shift. Partnership, really. Kim, we had great talk with owners of the plants, the top people, big people, big companies, actually. You wouldnt believe how many plants they have. I believe it was a very strong talk and i think they got the message. So within a week 1 2 we should be in great shape, maybe sooner. Another piece of it is, as the price for price of boxed beef is really skyrocketing. There is a huge price differential disparity. Farmers are hur
Take a bite out of business how will small restaurants fare in the wake of the outbreak we bring enough food guru to dish out what may lie in store packed show today so lets dive right in. And we lead the program with some moves to reopen economies hit hard by the crow virus pandemic spain will launch phase one of their lock down exit plan monday but many restrictions will remain in areas that were hit hardest by the pandemic in the country now meanwhile france will ease some of the worlds strictest measures which have included the need for permission forms just to leave your home now some children are actually going to return to secondary schools in norway and denmark is allowing shops to reopen and in the u. K. Prime minister Boris Johnson announced that starting this week people would be afforded unlimited out. Or exercise instead of the one trip per day rule that was currently in place saying he hopes to announce plans to reopen schools stores and some in the Hospitality Industry i