Stocks Closing Price on friday. Michelle, how was your weekend . It was great. How about yours . Fabulous. Good, good. In global news, chinas Statistics Bureau says the countrys economy is showing clear signs of stabilization. Among the reasons, policy support and some improvement in global demand. Chinas economy is said to be on track to meet the governments 2 on 13 growth target of 7. 5 . U. N. Inspectors in syria are now heading to the site of the alleged poison gas attack. Syria has supposedly agreed to allow the inspectors to visit the site. This comes amid calls from western powers for military action. Well have more from john harwood in just a few minutes. Here in the u. S. , dozens of wildfires burning this morning across the west. One of the most severe is raging out of control in the mountains of northern california. The latest reports say the giant wildfire has charred 15,000 acres within Yosemite National park. A live report from scott cohn who is on the ground there in the
Italy among the most dedicated lifting a ban on funerals, promising more restrictions will end in the weeks ahead. In britain, Boris Johnson is back on the job, and while the Prime Minister says there are, quote, real signs the u. K. Is passing through the peak, he used his own personal bout with the virus and urging brits to, quote, contain your impatience. If this virus were a physical assaila assailant, an invisible mug gge which i can tell you from past experience, it is, then this is the moment where we have begun together to wrestle it to the floor. Here in the United States, more than a dozen states reopening some businesses today. Many other governors say they are nowhere close to jumpstarting american life. The nationwide numbers will turn anyone ashen. Take look there. The u. S. Will soon eclipse 1 million cases and 55,000 americans dead. In the last two weeks, the United States added nearly 500,000 new confirmed cases. It took 12 weeks to rack up the first 500,000. They are
Americans. In 30 minutes we already hear from new York Governor Andrew Cuomo, in his daily briefing. A poll new yorkers crust Governor Cuomo over President Trump when it comes to deciding to reopen the state. More states across the country are starting to ease those coronavirus restrictions and reopening businesses. Weve got our reporters fanned out across the United States with more on what that process looks like. Were going to start with nbcs shaquille bruce, in the midkes where cases are continuing to rise throughout that region, one state is starting to reopen though, walk us through what these states are doing, especially minnesota. Reporter well, craig, stay at home hordes remain in effect throughout the midwest region but in minnesota youre seeing an easing of restrictions for 20,000 businesses, industrial, manufacturing, Office Workers will be able to return to work as long as those employees are not interacting with general customers on a regular basis. This is all happening
The quarter was before those mass layoffs. Meanwhile, in 30 minutes well hear from new York Governor Andrew Cuomo at his daily briefing. Were also keeping another eye on another governor. Louisiana Democrat John bel edwards meeting with President Trump at the white house right now. The governor of louisiana has extended his states stayathome order through may 15th. Well keep an eye on any headlines coming out of that white house meeting. As always, were tracking the number of coronavirus cases in our country right now. There are more than 1. 2 million known cases in the United States, and so far more than 58,000 americans have died, but americans arent just seeing their physical health tested by this virus. Theres also a larger discussion being had about the toll it is taking on our mental health. Thats why this morning were going to do something just a little different with our doctor on duty. Paula madrid is a clinical psychologist. Shes going to be here with us this hour to dig into
Cdc data hints that 58,000 is likely an undercount because total deaths in some of the hardest hit states are 50 above typical levels. Today, just wow numbers on the depth of the economic paralysis. The American Economy shrunk in the First Quarter by nearly 5 . Its the first contraction since 2014. The worst drop in gdp since the pits of the 2008 financial crisis, and we know the Second Quarter will be worse. Those new numbers make clear the urgency of restarting the economy, but these new numbers tell us most americans want to go slow. And to put health and safety first. More than two thirds of americans say theyre hesitant to go to sporting events, return to school, eat out at restaurants, or return to work. The president s top experts, dr. Anthony fauci, says we may have to go without baseball this year, if we cannot guarantee safety. Testing, of course, a key piece of the puzzle. Theres also promising talk today of possible vaccine progress. Deciding who you can trust is critical w