[inaudible conversations] c i didnt even have to say anything. You are a welltrained bunch. Good afternoon ladies and gentlemen. Good afternoon and welcome to the Illinois Holocaust Museum and education center. My name is lillian and im the director public programs. I get the privilege under regular basis. We thank you so much for being here with us today. We hope you overturn on other occasions. Usually i play a game with the audience and i will do it very quickly. Is this your first visit . Please raise your hand. Raise it higher so i can see it they thank you, thank you, thank you. Over here too. Thank you. In the interest so the rest of you can exercise one of your arms if you are a regular and if you attend programs all the time and if you are one of our members please raise your hand. Thank you so much. Thank you. The folks who raised her hands the first time around these dont take my word for it alone. Ask anyone elset around you whoe hand went up a second time why they support
The white house and the house of representatives seem to be in negotiation with the senate, a Republican Senate really stepping aside, and mr. Kudlow moving that forward. The oil story is absolutely remarkable, and perch yearly the confusion of the end of may futures, and over into the june futures as well. We are about ready on the spot market to get a 13 handle on west texas intermediate. Francine you are right, because of the change in futures contract, we could see heightened volatility in the next couple of days, starting from today. Lets get to first word news in new york city with viviana hurtado. Viviana the white house and Democratic Leaders are close to agreeing on the next coronavirus eight. This measure would be up to 500 this next coronavirus aid bill. Formeasure would be hospitals and testing. Trying to free up cash for businesses, it will allow importers and manufacturers to delay payment for 90 days, this on many overseas products. But the move does not stop ongoing pun
Confirmed cases. The country has extended its state of emergency through may 9. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. In new york, 1 00 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. Here are the top stories we are following from around the world. U. S. Stocks are raising gains from what has been a recovery rally. The s p 500 was up almost 2 but losing ground now on a ft report that gilead, maker of remdesivir, may not be as effective. Jobless claims rising by 4. 4 million last week but a number coming in slightly less than expected. Total job losses now top 26 million in the wake of the coronavirus outbreak. In a few minutes, an exclusive conversation with the former National Economic Council Director gary cohn. You dont want to miss that. Lets get a quick check on the markets. 8 , p 500 is up just giving ba
Fullyear guidance. Not having much visibility into the full year. Again, for the first quarter, adjusted eps and revenue higher than anticipated. Quincy,o bring back chief Market Strategist at prudential financial. These earnings, whether it is for intel, other companies. Let me add another. 18. 5quarter revenue of billion. The consensus estimate was for 18. 0 8 billion. An increase from what analysts were looking for. It be a bellwether for the global chip industry when you hear these kind of numbers versus localized situations . We know that the world is becoming less and less global and are trying to secure supply chains inside the country. Quincy i think you have to take semiconductors, chips together. Some of them are for working at home. There are others that have to do with gaming. Also working at home one you take a break. Future, 5g once we pick up. You put them all together and they have become a major bellwether. I started following them in 2018 whenatching the group move it
Next, new York Governor Andrew Cuomo updates his states response to the coronavirus outbreak. He announced a producing partnership with regional states for more personal protective equipment, ventilators and test kits. Gov. Cuomo good afternoon. Good to see you all here today. Properly socially distanced. For those of you who do not know, to my right is melissa derosa. To my left is robert mojica. Always happy. Smiling. Today is sunday. Beautiful day in new york city. Sunday for me is a day of reflection. Do a little reflecting. Today is day 64 since we closed down new york. Only 64 days. Feels like a lifetime. Only 64 days. Todays numbers, the total hospitalization rate is down. That is good news. 9786. Below 10,000, which is a big deal for us. You have to go back to may 18, 19th to get near that number. March, im sorry. The total number of hospitalizations is down. The number of intubations is down. Intubation is generally bad news. The number of new cases is 789. That is good news.