Task force is ready to recommend that all americans now wear a mask, a scarf, bandanna or some other protective Face Covering in order to protect against the virus. Here is doctor Anthony Fauci this morning stressing that Face Covering does not mean using the same much needed n95 mask that are in such critical need for our doctors, nurses, healthcare workers who are fighting on the front lines. When you are out, and you cannot maintain the 6foot distance to where some sort of facial covering. The important point to emphasize is that that should in no way ever take away from the availability of masks that are needed for the Healthcare Providers. Lou incredibly, much of Corporate America is working with the president and working for the American People. Acting in the National Interest in the worsening crisis. One firm tonight stands out. The president first requesting and now ordering that 3m stop altogether its export of much needed, critically needed n95 mask that are in such demand in
Begin to resume, as many assume in june and maybe be back to something more normal by this summer, i think a v is possible, but i am worried that the outcome will be worse. It really depends to my mind on just how much damage is done during the time that the economy is shut down in the way it is now. How much damage is done joining us is bob dole, chief equity strategist. Thanks for being with us i want to get your thoughts on the potential for this recession and subsequent recovery and specifically how thats factoring into your outlook for the markets . Yeah. Im not using a u or v im using a checkmark, kind of the big decline and then a noticeable, but slower uptake than we had on the downside. As you know we shut the economy off. We turned it off its not something from the outside did it we chose in order to fight coronavirus to do that therefore, we can turn at least some of it back on it will take longer to convince people its safe to come out from under the covers when it told the
And amazon facing new pressures over protecting warehouse workers still on the job servicing all of us amid the outbreak apple making a muchneeded donations to epicenter of this countrys outbreak this is thursday, april 2, 2020. You are watching cnbc. Good morning. Lets get right to the markets stock futures you can see are green indicating a rise of about 341 for the dow, s p up by 35 and the nasdaq is implied up around 100 points. It would be good but for the fact that we saw some steep losses yesterday to begin the Second Quarter all three major indices down nearly 4. 5 with losses accelerating before the closing bell take a look at the bond market we are seeing some move in today as well. A hair below 6. 1 . Twoyear below 0. 234 . Turning now to oil, a huge move higher a surge. Wti up 9 . Ice brent up 9 as well. This is after President Trump said he expected saudi and russia to enter agreement soon they called for a challenging issue for the oil markets. Getting to the markets worl
Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. Phil lebeau has fresh comments from deltas ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. Mike, start us off with the market and the rebound were seeing today yeah, sara. Down about 5 in the s p 500 from fridays close through two days of trading, getting back in a very gentle way i will say today, kind of lowvolume trading. About half of that, not quite half if
Task force is ready to recommend that all americans now wear a mask, a scarf, bandanna or some other protective Face Covering in order to protect against the virus. Here is doctor Anthony Fauci this morning stressing that Face Covering does not mean using the same much needed n95 mask that are in such critical need for our doctors, nurses, healthcare workers who are fighting on the front lines. When you are out, and you cannot maintain the 6foot distance to where some sort of facial covering. The important point to emphasize is that that should in no way ever take away from the availability of masks that are needed for the Healthcare Providers. Lou incredibly, much of Corporate America is working with the president and working for the American People. Acting in the National Interest in the worsening crisis. One firm tonight stands out. The president first requesting and now ordering that 3m stop altogether its export of much needed, critically needed n95 mask that are in such demand in