All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments tuss efforts and whether cash is going to the right places and the countdown to another big afternoon of earnings. Uber, roku, dropbox and trip adviserme adviser. Well bring you all the numbers you need the know as soon as they hit were off the session highs. Dow high was 430 points. Up 206 just shy of a percent s p 500 and nasdaq still up more than lets focus on the big stories mike is tracking the market rally. Meg has the latest on moderna jumping on news surrounding its vaccine candidate, b
Available . Well ask dr. Anthony fauci in a live interview. Split decisions, while more states forge ahead with reopening, the countrys largest pumps the brakes, california now planning to close all beaches and parks, fearing a weekend repeat of scenes like this. Honoring a hero. The family of an emergency room doctor who fought on the front lines speaks to us in their first interview to remember her legacy. I just would want people to know how much she gave to the world in her time here. The Important Message they want to share this morning. Massive storm system, dangerous weather stretching from the deep south to new england, tens of millions in the path of heavy rain, flooding and high winds. Als forecast and the potential impact on your weekend. Those stories, plus, heading home, the very first patient at one of new yorks hardest hit hospitals given a heros sendoff after spending nearly two months battling the coronavirus. His inspiring story. Today, thursday, april 30th, 2020. Ann
Money. Well go right to the boards today and show you a sea of red. Dow is down 600 points s p 500 down about 3 . Nasdaq, technology has been, as you know, a bright spot of late but thats selling off harder today. Nasdaq down about 300 points all right rob, good to see you, beard and all. Here we are in different place than we were on march 20th when you spoke about the pessimism being palpable in the market that we were in panic mode, as you said almost speaking that things needed to turn in a more positive way nonetheless, josh brown, ill come to you. The point i was going to make is there was a point in time where pessimism was palpable now were at a different place we have come a long way. The second day into this week well have our back to back down days if this holds today how should we be thinking about stocks here . Im glad you cut to me. Robs beard looks like it sold some kids fake id in an alley somewhere. Lets talk about that palpable sense of optimism. People that changed t
Of europe on the global marketplace. The most consequential shift of the last hundred years. There is some truth in that since world war ii the military influence of europe has certainly growth has been cod favorably with that of the United States or for example with china or india. And of course efforts to maintain an Economic Union have been more complicated greatly as we all know. But still, i think professor bradford sees things a little differently and in her book the brussels effect of the European Union rules the world w it is here. And also back there. Professor bradford argues that the eu remains critically important superpower. She makes the case very persuasively. It wields unilateral power. It is a phenomenon that has been there. Many examples and shapes policies his every day of the newspapers. What is remarkable is it exerts its influence without coercing anyone to do anything. Its just if you want to so in the European Union, you have to comply. So the book explores this
A similar loss on the s p. Big loss on the nasdaq composite. Why the nasdaq down so much . Well, just look at this. Big tech being taken to the cleaners this morning. Start with apple. Look at that. Its still a trillion dollar company, way down this morning after its Financial Report late yesterday. Ive got more on all this. Amazon, huge drop, down 120. They are plowing their profit into coping with the virus. Microsoft, not much impact from the virus but its caught in the downdraft. Microsoft is down nearly 2 , 3. 46. Next case, the political news. Topping that this morning is joe biden. He has denied a Sexual Assault allegation. He says quote, this never happened. Ive got more on that in a moment, too. Got a big weekend coming up. Texas opens up a lot of businesses. Who will go to the store, the barbershop, the restaurant . Thats going to be a pretty good indicator of the urge to get out of the house. In california, the governor has relocked down the beaches. How will that go down .