We are waiting for that bricker hughes baker hughes breakdown. We had six straight weeks of declines. On a decline coming into this week. Total rig count is 408 according to baker hughes. We are still waiting for some of the oil rigs specifically to come in. When we get that data, we will come back to that. You can see crude prices are up 3 . Overall in the last five days, the Energy Sector has been a pretty poor performer. Performer today but still on track for six week of gains. It is the best week going back to april 10. The largest of streak you have had since may 18. You are getting some of that rig count data falling to 408 rigs. I want to look at the canadian dollar. Getting some weakness relative to dollar strength. Bank of canada named a new governor, going back to a veteran who led in the 2008 crisis. Finally, it is all about the individual stocks we are watching. Reported operating income next quarter could be negative. American getting a price target cut. One dollar a share
Romaine we will get back to david in just a moment. Taylor to jump over to riggs. Taylor attack, the big movers. Wanted to take a look at interday of the s p 500. Pretty volatile. Earnings around, so if you dont mind, i will jump to the end of my segment here where we were taking a look. Amazon saying that they are 26 ng net sales up yearoveryear and just a little bit higher than the estimates of of a 73 and three quarters billion dollars. Secondquarter net sales a here, versusy estimates of about 78 billion. They are saying that they see the crisis, demonstrating adaptability and durability. Amazon First Quarter net sales just above estimates. Sales rising about 0. 25 . In theally interested cloud service. That is where we saw a lot of strength with microsoft and alphabet. Strength within that cloud business. Very curious as Amazon Web Services is the leader. I will leave you all with that note. We will finish that later. Amazon coming out. That is going to be the key driver here as w
The somebody on oversight and investigations hearing will now come to order. Today the committee is holding a hearing entitled sounding the alarm, the Public Health threats of ecigarettes. The purpose is to examine the Public Health impacts related to ecigarette manufacturing, sales and use. The chair recognizes herself for purposes of an opening statement. Our country is facing a serious Public Health epidemic, one that is causing severe harm. This hearing will examine the cause of that epidemic, the uncontrolled and rising use of ecigarettes. As lifethreatening illnesses sweep the country and the use of products by yunoung people soar we must protect the American People from these products. First the data is now clear, over the past several years, weve seen an unacceptably high proportion of young people facing nicotine addiction. This year alone, more than 27 of High Schoolers report theyre using ecigarettes or vaping as its also known. From 2011 to 2015, there was a 900 increase, a
Time to for global exchange. We are going to bring you todays market we would news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. Want to start in japan. Prime ministers shinzo abe and im sick stimulus measures to keep recession at bay. That Package Amount to around 239 billion. Going to me on the phone from hong kong is enda curran. Does this match expectations . What is the read in terms of growth . Enda slightly bigger than expectations, but nonetheless it is an important shift. There has been criticism for some time that the boj has put much run the course in terms of what it can do for japans economy, so economists had been saying more had to be done on the fiscal side. This could help offset a recession. The economy has been hit by natural disasters, by weak exports, and theres a feeling that this money may endure beyond the 202011 picks in japan olympics the 2020 in japan next year. And fresh spending that is leaving markets and
A doctor chief Deputy Director for chief medical date executive officiant. Doctor elizabeth, state Health Director and shes medical officer of North Carolina formative human services. Doctor lee norman, secretary of the chemists department of health and environment and doctor monica rl, the commissioner of the Massachusetts Department of Public Health. I want to thankf all of you for appearing before the committee today. You know aware that the committee is holding an investigative hearing and we do so, have a practice the taking of testimony on oath. You have any any objections to testifying on oath today . No. Let that reflect that the witnesses have responded no. On the rules of the house, and the rules of the committee, entitled to be accompanied by counsel. Through do any of you request to be accompanied by counsel today. Now let the record reflect that the witnesses have stated no. If you would then, please rise and raise your right hand so you may be sworn in. Do you swear the t