Ellison its going to be an incredible combination and i said you know do me a favor could you put up 5000000000. 00 into a fund for education so we could educate people as do real history of our country the really. Great. Turning us now to discuss our boom bust cohost spence juan and chrystia i kristie break this all down for us what changed between friday and saturday. Nothing really changed the only thing that changed was that trump ran out of time due to the deadlines that he consults set in place so he announced that this deal was approved in theory in mind and so a lot can still happen because remember last year the trade war a we have an agreement now we dont but a were really close now but oh no theres one more provision that we want so that kind of back and forth went on and on and blew through every single deadline during the trade war so the same thing is happening here if. I was deadline that would be the end of it no more negotiation and no big win for him he might say that
With the dow gaining 6. 8 there has been some controversy about that too explain whats going on behind the numbers. In terms of how many jobs have been lost during the pandemic. Its fifth positive session. Its been up five sessions in a row. Its indicated higher and the 6th day of the week. That was up by 6. 8 . S p was up by 82 points. And then the nasdaq was up by 2 almost 200 points. The s p indicated up by 6. 5. And treasury yields and did see quite a bit of activity there too. The ten year yield picking up substantially last week and this morning its back at 0. 91 i cant remember the last time we had a ten year above 0. 8 let alone 0. 9. It could be a round number some day not that far 1 maybe cross your fingers. Oil too is almost 40. Oil looks like a bad break looks like it went down and it is such a quick one right back up and almost to the levels where it was almost prior to this the journal has the piece when the spiggots are opening here today. We have a huge show again today
The new world and is stored with low economic data, wall street reversing in just the last hour, we have been down in some cases triple digits but now we have the Dow Jones Industrials just down about six points, s p down to, the nasdaq has punched into positive territory. What is this mean, market legend mohammed is about to tell you if he thinks the worst for the market has finally passed. Plus ill go oneonone with Energy Secretary, just as oil pushes back about 29 per barrel. We mentioned nascar, nascar about to drop the green flag once again this weekend, nascar president is here as engines begin to rub when nascar becomes the first major sport to get back to action since the Coronavirus Crisis began. But what will change prewe will tell you. Even the april retail spending collapse, there is one piece of clothing that saw a triple digit jump in sales, with an allstar lineup this friday on less than one hour to the closing bell, lets start the claman countdown. Liz breaking news, Ho
Will it make its way back to zero . Seems to be part of the conversation building in markets. Barrelumped above 65 a as supply disruptions in iraq brought concern to geoPolitical Risk. With more is Annmarie Hordern. Detention we are seeing in libya and iraq come very different in nature. What is the impact of these on oil supplies . Annmarie they are both geoPolitical Risks to the oil supply. In libya, the government says we could go to 72,000 barrels a day. This has to do with the eastern military commander. He has a blockade now on the port, so actual supply is not disrupted. The market may be shrugging off a little bit because in days or hours, that blockade could be lifted. Iraq, while it is a minor disruption, which is producing more than 4 Million Barrels a day, it opens up a window of worry. Just last thursday, the iea says iraq remains very vulnerable. It is more about could the supply threatened become much bigger. Anna they are overproducing their opec target. Annmarie this c
Representatives form israel and Palestinian Authority both had scathing remarks. Also ahead former us President Donald Trump is back in court today. Well take a look at the latest developments on two of his legal battles. Here to discuss it all, our panel tonight zoe williams columnist for the Guardian Newspaper and doug heye former Communications Director for the Republican National committee. Weve heard today from one of the two Israeli Women Released Last Night after being taken hostage by hamas. 85 year old Yocheved Lifshitz said shed been through hell. Her husband, who is 83, is still being held. Israel estimates 220 hostages are still in gaza, after being abducted in the attacks of october 7th. Hamas, which is designated a Terrorist Group by the uk, said the release was for humanitarian reasons. Meanwhile, concerns about the amount of aid reaching gaza continue. The main un agency there has warned it would stop work within 2a hours unless there were urgent deliveries of fuel. Wer