Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors like that. The stock is up nearly 6 . Okay. More on all th
Blasio said the city has not ruled out shining down the subway system. Hes going to give us our rickshaw rides. It is the biggest such system in the nation. They also said the disease could be around until september according to the cdc. There are more than 550 cases in the united states, we are told there have been 206 deaths, many of them at that nursing home in washington state. Fortunately, 14 states is not yet have any cases that should alter their borders. But rather than working together, everybody is pointing fingers including Senate Minority leader chuck schumer. Rather than spend the week in washington to grip on the crisis, the president was once again golfing at maralago. I dont want to guess at the number of times this president has criticized other president s for doing the same thing. The federal governments initial response to the coronavirus was slipshod at best. It has greatly hurt the country, and it falls at the feet of the president. The buck stops with him. Kenned
Brandnew high right there and the nasdaq, poised for another 30 , 30point gain, 9,000, getting close to 9,300 actually, the latest rally very well received the china trade deal, signals new economic relationship between worlds two biggest economists, formers, manufacturers, Tech Companies and they all get help with this and the economy likely insulated from my threat of recession this year. Theres more trade help on the way for the market as well, Mitch Mcconnell says the senate will pass usmca legislation at 11 00 oclock eastern time this morning, so in a matter of days, america concluded deals with four new partners, mexico, canada, china, japan, all good stuff and theres a lot more to come, here is a tease for you n a moment you will hear exactly what senator warren said to senator sanders in the Heated Exchange right after the debate, you know, its fascinating to hear socialists call each other liars, stay right there, its coming for you, promise, Varney Company is about to begin.
Ladies and gentlemen please Welcome Supreme Court associate justice to one Justice Gorsuch. [applause] good evening everyone i have the honor of being executive director of the resident Ronald Reagan institute. Thank you for coming this evening in honor of the men and women in uniform please stand and join me for the pledge of allegiance i pledge allegiance to the flag of the United States of america. Into the republic for which it stands one nation under god indivisible with liberty and justice for all. And before we get started i like to take a moment to recognize to begin with the board of trustees pete wilson and his terrific wife gail. [applause] from North Carolina former congressman retired but just as busy as ever. [applause] so now to tonights program ladies and gentlemen it is my honor to invite fred ryan chairman of the board of trustees of the Reagan Foundation to our stage. [applause] good evening welcome to the Reagan Library. Thank you for joining us for what we know wil
[applause] you probably know that im running for president of the United States, democrat. How many of you are students . I want to begin by saying how moving it is to be able to participate. I have serious criticism will never lose sight of how fortunate i am and i am aware of i got up in front of people and set a fraction of the things that im going to talk about tonight lets start with we do have to have a serious conversation about whats wrong but we should always hold merge of context and when it comes to america today, the good news is the fact that we can be here. I find the system moving and the last time when iran. You have a very different mentality. You have the power to determine the conversation which dominates the president ial election. There are people in other states, i can donate to you, volunteer but it will dominate the conversation. I also find it and about and South Carolina and you take that responsibly. Although i know you know regardless of what the dnc is doin