Likely to hit around 15 . This morning, the private sector reports the loss of 20,236,000 jobs just in april. Reopening the economy is designed to try to bring back some or most of those jobs. So here we are. With all the bad Economic News breaking around us, what does the market do . Well, it rallies. For the third day in a row, the market opens higher. This is a bet on the recovery and a bet on the federal reserve, which is putting at least 4 trillion into the economy, and the treasury which is putting in over 3 trillion. Thats called stimulus. Investors appear to like it. The dow is going to be up about 140 points. Nice gain there. The s p up 15, nasdaq up about, what, 58, 60. Look at this. Oil, 23 a barrel. Thats where it is now. Earlier, it had been at 25. There has been a dramatic fall in supply and a hopedfor pickup in demand as some states start opening up their economies. So thats why we are in the mid 20s for the price of oil. But you can say goodbye to the gas price decline.
Fauci says we are headed in the right direction. Every day this seems to be a record of number of deaths. At the same time we see the increase in deaths we are seeing rather dramatic decrease in the need for hospitalization, that is going in the right direction. I say that and i always remind myself when i say that, that means what we are doing is working. Therefore we need to continue to do it. Ashley what we are doing is working says Anthony Fauci, voters seem to like how the president is handling the crisis. His Approval Rating hitting a high of 49 in the latest poll and by the way he has tied joe biden in the president ial race. Just last month he trailed biden in the same poll by nine points. Still there is work to do in america remains worried about their money in 79 say they all worry that the virus will lead to Economic Hardship for the family. The Chip Administration still targeting the reopening of the economy and for 8 weeks and heres what Vice President mike pence says need
The oil industry preparing for the worst. The president of the Louisiana Oil and Gas Association is about to tell you how barry could impact black gold and gasoline prices and you know what, you could even triangulate how it will affect stocks in the energy sector. On wall street, today the s p 3,000 is in sight for the third day in a row, but can we lock it in . Right now we are nine points above it. Got to stay tuned for my whole hour here. As for the dow, it locked in 27,000 yesterday. We are well above that right now at 27,274. The nasdaqs joining the party, on pace for a record close as consumer favorites like industrials and Technology Power todays run. Plus, President Trump joining forces with none other than the oracle of omaha . At least in his thinking, putting facebooks crypto ambitions under a harsh spotlight. Our top tech panel is here to tell us what it means for the Digital Currency world. Less than an hour to the closing bell on this friday. So glad youre with us. Could
Cyber Security Experts call it a target waiting to be hit. What should be happening now thats not happening . Ted koppel what should be happening is that we should be preparing for the consequences of a devastating cyber attack. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] sharyl welcome to full measure. Im sharyl attkisson. President elect trump has threatened to withdraw from a new world agreement that aims to slow down global warming, firing of ongoing debate over Climate Change. Earlier this year, we visited a community in louisiana, whose residents are said to be the first Climate Change refugees. They are moving to Higher Ground because of persistent flooding. Sinking land. But we found more to the story. Albert naquin we had chickens, we had pigs, we had cattle. Sharyl Albert Naquin has lived here on isle de jean charles his whole life, a sliver of an island in the south louisiana bayou.
Haiti. Hurricane matthew left his mark and misery, but fundraising following the 2010 earthquake was a disaster in itself. There are some calls for funding to be channeled elsewhere now. Does that mean that the American Red Cross has lost its credibility . I think theyve certainly lost some credibility. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] . Sharyl welcome to full measure. Im sharyl attkisson. Hurricane matthew is still impacting the southeast. Some rivers crested just this weekend and parts of North Carolina are still underwater. But some u. S. Communities hit again and again find theyre in too deep to think about in louisiana. Theyre part of a groundbreaking project to relocate together to Higher Ground at taxpayer expense. Some are calling them the first Climate Change refugees. But we found that other manmade factors could be largely to blame. Albert naquin we had chickens, we had p