Online more Central Bank Action from japan helping fuel the bulls and despite all of that, oil plunging again, down more than 20 as we see one Energy Company file for brankruptcy. Ahead on todays show, were taking a deep dive on the path forward for retailers. That sector deals with the fallout from the lock down well speak with about the issues facing the industry and be joined by former macys ceo as Department Stores deal with their own challenges and bankruptcy concerns swirl around the sector were up 5 on the s p with 59 minutes left citigroup is up 8 still down 42 year to date. Lets focus on the big stories were watching today mike is is tracking the market moves. Meg has the latest mike, lets kick it off with you and the broader markets. After about two weeks of going sideways, the s p 500 gets a little bit of a boost today to basically the levels it saw at the post crash highs of ten days ago. Take a look at how it fits into the broader picture here 2874 is a number that we firs
Increasing the number of testing platforms we now have multiple tests for different platforms increasing ability to collect samples increasing testing and Laboratory Supplies and ensuring that we Work Together to make sure that every client receives the tasks that they need this is added with timely monitoring simple systems and what i mean by that systems where we bring together the ability to not only diagnose the symptomatic but progress proactively and interactively work with individuals that we know are at higher risk we worked with states to look at where the outbreaks have occurred when theyre not in the large metros and we see that it occurs very often in places close settings among our native americans and among our Long Term Care facilities so an active Monitoring Program thats active integrated and innovated and then combining us with the 3rd element which is the Rapid Response program relying on c. D. C. To be working with state and local governments to ensure that every sy
Monitoring systems. What do i mean by that . Systems where we bring together act not only diagnose the symptom tick and proactively and interactively work with individuals that we know are higher risks. We look at states where the outbreaks occurred where theyre not in large metros. We see it occurs very often in places of closed settings among our native americans and among our longterm care facilities. So active Monitoring Program thats active, integrated and innovative. Combining us with the third element which is a Rapid Response program relying on cdc working with state and local governments to insure every symptomatic case and critically, asymptomatic cases are quickly tracked and traced so we cannot only control the epidemic but predicts outbreaks before they expand. Finally the plan using approach much science and technology to develop newer platforms, more efficient testing insuring antibody tests utilized an recommended by both the fda and cdc have high quality, predicting ex
Demand but partially also because of too much supply but you know the president is determined we want to maintain our Energy Independence and the president has asked me to look at all of our options and what were doing that obviously its a pretty extraordinary situation where you saw the front month of oil futures trade negative. On the issue on the 4th stimulus bill and agency in the whole government any thoughts on why there are odd that money should be proportionate to half the rate of infection in states and a growing dangerous thing but way too early to consider that whatever we do will do on a bipartisan basis the president has listened to the governors ive had the opportunity on multiple Video Conference calls with the president the Vice President reaching out to a lot of people theres a lot of states that have been impacted but way too early to figure out that level of design you. Know Large Company applies for one of these loans. Nane manipulator works the system works the who
That is on top of hundreds of thousands of hospitals. In new york you built 2,000 hospitals, 900 beds, nobody say anything like it. Fortunately we have not had to use too many of them. That is okay. Probably better news than using them at all, right. A lot of good things are happening in new york and elsewhere. Through the Public Private partnerships and deregulation the federal government has made immense testing capabilities available but some states need to take action to fully out advertise it. To date the United States has conducted millions more tests than any other country. You can add them all up and they dont catch us. Our numbers are doubling certainly on a monthly basis, but almost on a weekly basis, were moving very rapidly, at a number nobody thought possible. Well double the number of daily tests that the governor brings states online through the capability they have. We have tremendous capability out there already existing and we explained that to the governor today, mik