In line. All about antibodies. Astrazeneca strikes a deal with the u. S. Government and do downplays President Trumps treatment saying large studies are ongoing. A lot of earnings in the week ahead Bank Earnings first. Apples big phone launch and amazon prime day and the retail impact from that and what it is actually going to mean for the stocks that you own. Carl jim, this morning i heard you talking with andrew a moment ago. Growing sense is we keep an eye on stimulus talks that maybe the market really has focused on the front burner more talk about antibodies and were going to hear what len told cbs in a few minutes. If you didnt know, carl, and you read the research this morning its almost like they got in a room and they said you recommend facebook and you talk about amazon and its your job to talk about alphabet its a concerted effort not a National Conspiracy but a concerted effort to take up every one of those whether it be amazon prime and the big 5g day for apple. But you ta
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
Unemployment rate when we get the numbers on may 8. That compares to the high in the pointdepression, 1933, 24 9 . We could easily be above that. This week was the week that is the reference for the jobs report. It may not be worse than that, but when you are grasping at straws for good news, global pmi , the United States comes in better in europe with numbers that wouldve been a stabbing to anybody a month ago. Anybody. Ding to 36 for manufacturing, 27 for services. Those are so much higher than in europe. In france, the composite 11. 2, the euro zone, 13. 5. You cannot model the destruction of the economy with numbers that low because it has never been done before. We have never seen numbers that low. Christine lagarde suggested we could see 15 collapse in the european economy for the quarter. The numbers we are talking about just absolutely astounding at this point. Those numbers you are seeing our quarterly numbers, they are not at an annualized basis as we do in the United States
All month on cspan we are featuring the winners of our studentcam documentary competition. Middle and High School Students created videos answering the question, what issued to you most want the 2020 president ial candidate to address . Our second prize High School Award goes to madison daniels. 12thgraders. Theirning injury winning entry opioid drug and opioid crisis, and a crisis it is. Every day, more than 130 people in the United States die after overdosing on opioids. Ae misuse of and addiction opioid, including prescription pain relievers and synthetic opioids is a serious National Crisis that affects Public Health and social and economic welfare. Here is one of michigan cities within opioid crisis. That i dont have exact numbers. During that time heroin ods went from seven to 32. That was a 400 increase. In the primary care world they are trying to limit controlled Substance Abuse and prescribing. Most Purdue Pharma introduced oxycodone in 1996 and it was aggressively promoted.