Legislative days to revise and extend their remarks and include extraneous material on the bill under consideration. The speaker pro tempore without objection. Mr. Neal madam speaker, i yield myself such time as i may consume. The speaker pro tempore the gentleman is recognized. Mr. Neal first, thank you. We are here today in these very trying and unprecedented times to act on an emergency interim funding package that i am pleased has strong bipartisan support. But we did not arrive here without significant efforts by our democratic colleagues. When we began negotiation was the senate, we were presented with an insufficient proposal that did not address the Public Health crisis that has now claimed the lives of nearly 48,000 americans. The measures that we fought for will now bring real leaf to the American People relief to the American People, and prioritizes resources to combat this virus. This means more funding for hospitals and Health Care Workers. It also means resources designat
What happens after yesterdays big move the dow down yesterday by 2. 1 the dows worst performance going back to may 1. A lot of this was happening as we were getting comments not only from Stan Drunkenmiller and dave tepper talking about his concerns about this being the second most overvalued market he had ever seen. Comments from fed chairman jay powell all of those things adding up saying what do we need to worry about and where do we need to be concerned . Watching the treasury markets, you will see the yield for the 10year right around 0. 61 so that is with a little more pressure. Watching wti this morning, you will see that is up about 5 i think it is 2r5iding near session highs of 26 a barrel. Andrew thank you. Every day, we have a huge show another big one this morning what is on the lineup this morning. The ceo of verizon, New York Times, mohammad eleran to join us and eric schmidt who will be working with the governor of new york states and work places looking to him and that
Whose career has been marked by steadfast determination to expand Health Care Coverage for all members of the american continues to be a champion for the least, the last, and the lost who are part of the grip of this pandemic, madam speaker. The speaker pro tempore the honorable speaker of the house is recognized for one minute. The speaker i thank the entleman for yielding and i thank him for managing this important legislation on the floor of the house. Also commend him for the work that he did in the previous had. Lation that weve as has been acknowledged, this is the fourth bipartisan bill brought to the floor to address the coronavirus pandemic. This is a very important piece of legislation. To the floor with such heartache, with such sorrow bout those who have lost their lives and their loved ones, those who are suffering from the virus assault now and for those ho are in doubt about their economic situation. Its about the lives and the ivelihood of the American People. Thats wha
Which prevent michiganders crossing the street to visit family members. No relaxation of the social distancing rules from President Trump. Hes considering extending the keep your distance regulations into the early summer. Then theres this. Antibody tests that show far more people have been through covid19, three million in new york state, 20 of new york citys residents have had it. That means the fatality rate, the number of people who died from the virus, comes way, way down. Interesting. Quickly to the markets. Not Much Movement at the open today. Orders for durable goods in march down 14 , yeah, thats bad but it was expected. The dow is going to be up 193. I call that little movement. How the times change. We will be back to 23,500, big gain modest gain for the dow, nice gain for the s p and for the nasdaq as well. Look at oil, staying at low levels. We are looking at 17 a barrel. In the absence of demand, we are still not driving very much, we are running out of places to store al
Flat for 2020 as tech continues to lead the gains. Financials and utilities amongst the worst performers today coming up on todays show, we will speak exclusively with sap ceo Christian Klein about his companys efforts to develop a coronavirus Contact Tracing app and what hes hearing from customers about the state of local business and the earnings reports will come fast and furiously this afternoon highlighted by lyft, grub hub, tmobile and well speak with tmobile Ceo Mike Sievert ahead of his companys Conference Calls just after numbers cross. The big stories we are watching, mike santoli following the volatile trading action, Steve Liesman with a look at the economy and another sobering jobs number today, and deirdre bosa is covering uber and lyft mike, start us off the s p struggling to stay in this zone for the past few weeks. This is a oneyear march its flattened out since april is it resting, rolling over . Its a bit of a standoff i think people are saying right now its preserve