About all weve been through. Well talk more about that. We also have earnings from uber coming out any moment. Well cover that. Fox Business Team coverage with all the top stories. Lauren simonetti watching those stories. Blake burman from the white house. There is a lot of news there. And susan li with uber and more from the new york. Lauren, we start with you. Lauren guys, good to see you. I dont want to call it a fade but the dow was up 430 points. It lost some momentum closing at 23,875 for a gain of 211 points but certainly a fade for the third day in a row. Take a look at nasdaq. It didnt close above 9,000 but it is positive on the year by seven points. What a day. What has been powering the nasdaq and the overall market . Megacaps, facebook, amazon, google, netflix, microsoft. Look at them this quarter. Theyre all up 15 . Strong balance sheet, cash flow, generally seen as immune to government regulation which had been an overhang. There is very much a push, pull were seeing in t
Desperate plight of people losing their Health Insurance, too. And back in the game. The nfl kicks off its first ever virtual draft today. Well show you the other ideas leagues are considering to get sports back on tv. But first, heres todays eye opener, your world in 90 seconds. Deadly tornadoes breaking out across parts of the south. In la louisiana, texas, oklahom. Everything is gone. The trees are gone. Swish. 4. 4 million new filings for Unemployment Benefits. This is about six to seven times higher than we ever saw during the great recession. Thats raising the total layoffs since the virus hit to more than 26 million. In some sense, the numbers are telling us what we already see with our eyes. Protests to reopen are growing. Southern governors are already loosening their restrictions. We have to proceed in a cver careful, measured way. You dont believe there should be distancing . Of course. Carolyn goodman sounding off about reopening the city. Youre talking disease. Im talking
Amendment fight. The states have power to reopen. New york state Governor Andrew Cuomo will sue the white house there are two task forces. One on the northeast, one on the west coast, how do you see this playing out . I think they will all end up working together. I think the president wants to be able to share his vision of the appropriate timing. He has got a lot of real professionals working with him and i think the governors do really want to work side by side there may be discussions who is in charge of what. Reality is, look, timing on this, the timing on this recovery will be depending on science. It will be dependent on our ability to get back to work as soon as possible. The president has the right idea. We need to open up the economy as soon as possible but at the same time these governors, i think they feel the same way. Theyre going to want, theyre going to want us to respect the federalist, the federalism that has been a part of our country but most certainly i think this
This agreement will fully support Airline Industry workers, preserve the vital role that airlines play in our economy and protect taxpayers. The airlines are in good shape and they will get over a very tough time that was not caused by them. United states is continuing to make substantial progress in our war against the virus. We grieve every precious life that has been lost. To the invisible enemy. But through the darkness, we can see the rays of light. We see that tunnel. At the end of the tunnel, we see light. We are starting to see it. More than ever before. The numbers, everything we done, we have been very strong on it, very powerful on it. Look at what is happening in other countries. Spain, italy, the united kingdom, we are working with them, we are trying to help them with ventilators. They need ventilators so badly. Of counties within the United States have zero cases. Many counties within the United States have a very small number of cases. Large sections of our country are
Corner of spains exhausted Health System a 1st meeting for mother and child. Vanessa miro gave birth a week ago while infected cautious steps now towards family life. Spain has europes highest rate of infection but its been declining for more than a week taking no chances Prime Minister Pedro Sanchez announced an extension to the state of emergency. Ministers and this are announced at a council of ministers next choose they will again the quest the authorization of the congress of deputies to extend for the 2nd time the state of emergency from april 12th to midnight on april 25th. Italy so badly hit by the virus in recent weeks may also be past its peak with infections slowing and germany has registered a slight decrease in the infection rate but not enough to ease restrictions no letup in the lockdown in france either where paris in the sunshine was eerily quiet. Here in the u. K. A week or 2 behind those countries coronaviruses claimed europes youngest victim a 5 year old said to hav