Volume on the s p 500. There was commitment on this rally. Taylor start with the chart i am showing you in my terminal. You asked about hedging activities. Look at this chart, or the lack of hedging. People have an minding bullish call options, but not a lot of bearish put options. They are down very low. Buying puts could have cost you a lot of money. That is why we are seeing this rally. I want to look at the individual movers, American Airlines jumping after a 40 gain yesterday. They are seeing a 70 increase in demand. Suspending in some markets because of demand. It was up 100 at one point earlier. I was chatting with remain, this is a romaine. Typically an equity is worth nothing but if you are optimistic on travel, you are buying the shares no matter what they are worth. Crude approaching 40 a barrel and tiffanys, a stock the three of us continue to talk about, up 6. 5 . For will maintain their bid the jewelry maker, but there is a lot of debate. Lets show you this chart. All of
We did just get the closing bell on u. S. Equities, which have been trying to break free of the range they have been in for some time. 2971 is where we are ending the day on the s p 500 the nasdaq indices up 2 on the day. 2 . Russell 2000 gaining energy, financials, and Communication Services leading the charge. Twitter among those names. And along to Analog Devices also with an interesting rise. Royal caribbean loses a little ground. Scarlet i want to jump in with breaking news. The regulator of fannie mae and freddie mac has come out with a plan that calls for more than 200 billion in capital. The regulators proposing the mortgage giants be required to hold hundreds of billions of dollars in capital to guard against potential losses, and this could eventually have an impact on Mortgage Rates and the Trump Administrations efforts to basically free the companies from government control. We are keeping watch of this as are needed fors existing government control. Is ben still with us ma
Its not difficult to be crabby when you are basically living hand to mouth with government stimulus. I thought that encompassed the markets perfectly for a day like today. A lot of earnings coming out. Delta looking at a 50 cut in daily cash burn by the end of june. In terms of their First Quarter loss, they had about a . 51 loss , and revenue was down 18 year on year. As we expected, pretty brutal when it comes to delta. Baker hughes, oil services company, saying the outlook for oil and gas is certain. No kidding. The revenue down by about 4 year on year. 0. 11, acoming in at little bit light. Lets get you some of the headlines here. All of todays market moving news from new york, as will is washington. Brent crude getting sucked into the lowest level since 1999. Bloombergs part two thought to be role bloomberg spoke to thought he be role spoke to fatih birol. Some of the countries are cutting their production earlier than announced. Others joined them. If others do not follow the ste
Damaging as the financial crashes. Italy is taking steps to contain the worst infection rate outside of china. All businesses and pharmacies are ordered to close. Shery lets get you a check of the markets in the u. S. We had the dow fall into a bear. Arket territory, falling 20 the s p 500 a hair away from the 19 lower than the previous high. We had every group on the s p 500 sinking more than 3 . The nasdaq down 4. 7 . U. S. Futures under pressure. We have seen no more details on the substantive stimulus that President Trump had promised. In the afternoon, he said at one point that the u. S. May not need the fiscal measures. That did not sit well with the markets. U. S. Futures gaining 2 10 of 1 . We will see how we do without how we do throughout the rest of the session. News and headlines dominate market sentiment. Sophie a lot of caution. A she futures pointing lower despite the global stimulus engine being revved up. In new zealand, a fiscal response is being considered. The rbnz
Important information. Its important for every american to remember that if you dont have symptoms, you dont need to get a test we want to make sure that Testing Available for people that are experiencing symptoms or have a genuine concern about being exposed to someone with the coronavirus. Dr. Burkes will address county level data and the progress we made on testing. Americans can expect to see how an increases number of cases should not be a cause of concern. Shell explain the importance of taking into account our new testing system as new data arrives over the next several days on supply, the a priority the president has given to our task force, we continue to work with Health Care Providers, business and state leadership to identify available supplies not nearly in the federal stockpile but much more importantly available across the private sector were encouraged see Companies Like honeywell and 3m, that i visited a few short weeks ago take advantage of the changes in the law last