Depression. While big0 jumping, tech the nasdaq forward. , butwarnings about growth despite the doom and gloom, australia is back in the market. We are seeing futures look like this. U. S. Futures unchanged. This is after some stocks climbing on signs of the outbreak easing. We had a cloudy picture when it came to corporate earnings. Big gains from tech giants. Aftergan and wells fargo profits hit by major provisions. The nasdaq gained almost 4 . Take a look at oil, now rebounding from a plunge of more than 10 in the u. S. Session to the lowest in two weeks. This, as we had that historic production agreement, but still concern demand destruction will offset those 9. 7 Million Barrels per day cut. Holding about oil 20 a barrel. Still waiting for President Trumps press conference. Aboutabout to speak how he is handling the coronavirus outbreak, as he clashes with governors, clashing with new yorks governor cuomo, about who has the power to reopen the economy, cases now nearing 600,000. O
Amendment fight. The states have power to reopen. New york state Governor Andrew Cuomo will sue the white house there are two task forces. One on the northeast, one on the west coast, how do you see this playing out . I think they will all end up working together. I think the president wants to be able to share his vision of the appropriate timing. He has got a lot of real professionals working with him and i think the governors do really want to work side by side there may be discussions who is in charge of what. Reality is, look, timing on this, the timing on this recovery will be depending on science. It will be dependent on our ability to get back to work as soon as possible. The president has the right idea. We need to open up the economy as soon as possible but at the same time these governors, i think they feel the same way. Theyre going to want, theyre going to want us to respect the federalist, the federalism that has been a part of our country but most certainly i think this
This agreement will fully support Airline Industry workers, preserve the vital role that airlines play in our economy and protect taxpayers. The airlines are in good shape and they will get over a very tough time that was not caused by them. United states is continuing to make substantial progress in our war against the virus. We grieve every precious life that has been lost. To the invisible enemy. But through the darkness, we can see the rays of light. We see that tunnel. At the end of the tunnel, we see light. We are starting to see it. More than ever before. The numbers, everything we done, we have been very strong on it, very powerful on it. Look at what is happening in other countries. Spain, italy, the united kingdom, we are working with them, we are trying to help them with ventilators. They need ventilators so badly. Of counties within the United States have zero cases. Many counties within the United States have a very small number of cases. Large sections of our country are
Use varies from one region to another and some places with lower infection rates some vaden later is may not be in use while other areas are potentially stretched beyond their capacity that database of available ventilators that we are creating wall laois to flex so that we can make sure that available quitman can be shared with those in need we appreciate the leadership of the Health Systems that are here today that has stepped forward and had a mention to a few i dont know if he quite dr Fritz Francoise from n. Y. U. That groan and david dill the c. E. O. Of life point as well we appreciate the work of the administration in helping us find Innovative Solutions to ensure the best care for our patients well continue to work with hospitals and Health Systems across the country to add to this reserve further your teammates provided us with important leadership and we look forward to working with you and mechanism to success thank you president thank you. Thank you mr president mr Vice Pr
The United States hasek ploded now exploded more than 180 thousands cases, more than half in new york city. In new york state. And new jersey. In total the coronavirus is now killed more than 3600 americans. President trump and his administration continue their whole of government approach. That now includes already extending social distancing guidelines through articl april. And signing a 2 trillion dollar rescue package for americans hard hit by the virus. Were expected to be hit harder. President s actions earning him highest Approval Ratings of his presidency, despite the years long effort of radical dimms, left wing, National Media and rinos conspiring to over throw the president , politico today, ran this headline how coronavirus blew up the plan to take downtow down donald tru. Two reports shedding new light on the effects and transmission of coronavirus, one study by yale medical professor, minds the virus remains contagious in a patients body up to 8 days after the symptoms su