Stalling, the origins of the coronavirus outbreak, this as the white house is still blaming beijing. Elon musk scoring a win in his battle with california really Alameda County getting green light to open alameda factory after orders to stay close. Futures are searching for direction. This after markets gave up early gains over concerns about a possible spike in coronavirus cases, that leading to a selloff yesterday. Uber looking to take over grubhub in possible all stock deal as food demand surges during lockdowns. More controversy in the Michael Flynn case, a federal judge delaying a decision on the Justice Departments move to drop the case against the former National Security adviser. One programming note, tomorrow, do not miss marias sitdown with President Donald Trump. Latest on getting america back to work, more stimulus, china, the 2020 race and a whole lot more, you dont want to miss any moment of it right here starting at 6 00 a. M. Eastern. Meantime mornings with maria is liv
Three indices wiped out five weeks of garins. Energy sectors down about 26 from its june high this year, and brian what do you think is the worst wormer in the dow this year so far . Chevron. Absolutely. Down 18 . I know that because of the graphic that says chevron is on our television channel. Not much of a mystery. Market reporters in place. Right to Jackie Deangelis, live in the oil pits. What is happening with crude . Reporter seeing steep losses, not as bad as earlier in the session. Down about 1. 87. Session low today, 57. 34. Next level to watch is 56. 12. Havent seen it since may of 2009. Still almost a 4 decline on the day. You mentioned gas prices when you opened up. Aaa saying the National Average for a gallon of regular now 2. 60. We were looking to see 2. 50 by the end of the year. But saying we could see 2. 43 by christmas day. Of course, important to consumers. Also tells me look at the spot prices in the marketplace, because they are leading indicator where oil prices
considering closing brokage office, laying off support staff and requiring some branch managers to generate revenue as advisers, part of a cost-cutting drive as the company comes under pressure to boost profits. morgan spokesman declining to comment. and ni capital regaining some profit. nyse saying it will reinstate firm s full market duties as of next week. joseph kernen, good morning. i can sleep in a little later because we can get here like ten seconds. is that what you think we should just ten seconds? why get here early when everything is fine? our director get a little was in but what time did we we were standing here? a few. my audio guy is scared. let s look what happens? does anyone die? no. a few early stocks to watch. dean foods posted profit. dean is spinning off a part that sells silk soy milk. express scripts citeding a strong second quarter. increased use of more profitable generic drugs and cost savings from acquisition of medco health solu