Expecting to hear from President Trump momentarily in the rose garden here as the president and the white house will tout the progress that has been made on testing. Senior Administration Officials say across the country, 1. 9 million tests over last week, nine million since the start of covid19. Senor officials are pointing to go going ward, that 11 billion set to the states, that is money set aside in the cares age. They identified state goals and needs for month of may. Earlier today, Vice President , when he spoke to state governors encouraged those governors to have Staff Members within Nursing Homes tested. Testing of course what many positives want to see ramped up before states reopened but the president criticized many governors, the president saying that he believes that states arent reopening because of politics this Election Year this is part of the tweet from President Trump earlier today saying quote, the democrats are moving slowly all over the usa for political purposes
Provide an update on the Testing Capacity developed by the United States, the most advanced and robust testing system anywhere in the world by far. This afternoon i will also announce new steps we are taking to make tests even more widely available. To battle the virus, my administration marshalls every resource at our nations disposal, public, economic, scientific, all your disposal. We launched the largest manufacturing ramp up since the second world war. There has been nothing like it since. At the center of this industrial and scientific mobilization was the development or a of our coronavirus testing capabilities. In the span of just a few short months we have developed a Testing Capacity unmatched and unrivaled anywhere in the world and it is not even close. This is a core element of our plan to safely and gradually areened america, and we opening and starting and there is enthusiasm like i havent seen in a long time. Proudamerican should be of the amazing array of talent, skill,
Alltime high. Another Federal Reserve official says he sees growth returning in the second half of 2020 and no need for negative Interest Rates. With lots to come on todays show, well speak with mylans ceo. Well discuss the companys outlook for the rest of the year and whether its seeing a trend of customers stockpiling medicines. And the ceo of Ortho Clinical Diagnostics will join us at the moment we are up 0. 4 on the s p 500. Before we continue, just got to comment, new braackdrop, i love it did you do this by yourself . No, i had some help by the amazing technical staff at cnbc. I think people were sick of looking at my old School Parking meter. Its a great balance between home and work. Cnbc, always with me. Exactly the s p 500 is up about 0. 4 nasdaq up 1. 25, dow is flat. Lets get to the markets as stocks are climbing back from sizable losses at the open all four indices just turned green. Mike santoli joins us with more on todays action. Hi, mike in fact, kind of an extreme exa
I am Francine Lacqua in london. And little optimism seems to be fading away. We have the 600 opening unchanged. A lot of focus is on the economy. We had a little macro risk out there for now but they seem to be in check. We are getting euro area september manufacturing pmi, 45. 7 is a touch above estimates. We expected a 45. 6. It is below 50, but 0. 1 percentage point higher. The u. S. 10 year yield at 1. 72. Coming up, we speak to david herro on the fallout from the Credit Suisse scandal. That interview at 10 30 a. M. London time. Herros is the biggest shareholder for Credit Suisse. A jinping has kicked off massive military parade to mark 70 years of communist rule and pledged complete National Unity as democracy protesters rally in hong kong. Lets go to hong kong with Stephen Engle. What is the latest . Stephen tens of thousands of protesters are defying a police fromand they are marching the eastern part of Hong Kong Island to central and beyond, perhaps even as far as the Liaison
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