Every direction. The s p saw an even bigger gain. The nasdaq up by almost 3. 6 the dow futures also up. Keeping an eye on the Treasury Department seeing how the fed news will play out there the fed news is back about 0. 6 . Sitting at 0. 612 . If you watch oil prices, which has been a big indicator of demand around the globe and what is happening, this morning, wti is up about 16 . All the way back up to 17. 49. Wow, all the way back up. 17 unbelievable lets get an update on the pandemic the number of global cases that we talk about nearing 3. 2 million. I dont know how good that enough is for anything we have more than a million in the United States. New york state cases near 300,000. I dont know of the reliability that state prisons near 7 testing positive breaking overnight, california governor plans to order all beaches and state parks to close tomorrow to avoid repeating last weekends violations hot weather, the police memo leaked to several Media Outlets yesterday. Andrew to put
Information. The result of the Chinese Communist partys lies and president xis overt and deadly decision not to tell western governments about the disease he unleashed resulted in the killing of almost 150,000 people of worldwide. The sickening of 2. 2 million more. The contagion is far from controlled. The pandemic unleashed by the Chinese Government killed 32,000 americans and infected 700,000 more. Fox news has learned intelligence agencies are gathering information about the laboratory at the Wuhan Institute of virology, trying to piece together a timeline of what the Chinese Government knew, and the Intelligence Community will report their finding to the white house so the president can determine how to hold china accountable, whether to hold china accountable. While bureaucrats in the Intelligence Community have worked to undercut President Trump. Pieced together a report we already know. Individuals and Business Owners continue to struggle. The radical dimms refuse to push throu
15,000. Take a look at the kospi. We are focused on samsung earnings. Samsung warning of a profit slide as this virus squeezes the tech industry. Samsung shares largely after the results came out unchanged. We are watching out for the singapore jobless numbers coming out this hour. 2. 6 , an 11 year high. We see this recovery momentum coming back in offshore chinese stocks. The moving average yesterday when things close, and we are higher here today. Bank of china among them. Dollaryen, a little strength. And some strength for the korean won. Oil remains the story, but take a look at volatility. When it comes to oil contracts, we are leapfrogging of june to july and seeing wild gyrations. We have bounced back after wti auched 10, but we lost quarter of the value when it comes to crude. It looks like volatility will continue. Into julywill roll with the spread of the june and july contracts especially for wti getting rocked by volatility. Tom we will get more on that story in a few minu
Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, thats just youre hurting nobody can make any money at these prices rusty points out that after seeing this, the next month, it might go to zero and thats i think a lot of it is because where will you put it maybe keep it in the ground. It is extraordinary and jarring. And i think its causing the decline. Carl, whats so amazing, it was completely predictable thats why maybe the decline isis really overdone if its based on oil if its based on other factors, i dont know it looks like oil is bringing th
Be joiningeden will us and whats behind the numbers out daily by Johns Hopkins university . You live in the eastern half 2027488001. , in the mountain and pacific time zones, medical professional, 202748, 8002. We begin with the numbers from Johns Hopkins university, around world now more than 2. 5 million confirmed cases and the death rate now approaching 177,000. Here in the u. S. , we have over 805,000 cases with more than 44,000 confirmed deaths across the country. Joining us from brooklyn is dr. Tom frieden, former director of the centers for Disease Control and prevention. He served in the Obama White House and is the former new York City Health commissioner and currently president and c. E. O. Of an Organization Called resolve to save lives. Well talk about that in a moment. To begin, dr. Frieden, with the debate going on in states around the country. Your advice as they look to reopen their economies, many casebycase, gradual basis . Were all eager to get out as soon as possibl