Check futures, dow futures right now in the red to the tune of 360 points, nasdaq futures down 110 and s p futures lower by 40. Oil prices under pressure this morning. The International Energy agency warning that demand could plummet to less than 25 years. Airlines reaching a deal for Financial Aid. Mornings with maria live. Striking a deal Oil Producing countries agreeing to cut output by 9. 7 millionbarrels a day in an effort to stabilize the price of crude. President trump weighing in on much anticipated agreements. Countries around the world will cut Oil Production by approximately 20 millionbarrels. People are saying 10 million but we think the number that theyll actually hit is closer to 20 millionbarrels a day. This historic action will help americans supported by the oil and gas industry. Saudi minister say the cuts will amount to 20 million a day and confirmed what President Trump just said when taking into account policemens by other g20 nations and preserves. Prince abdulazi
Loans, slash grants, becoming available right now, to the tune of close to 35, 40 billion thus farce. Conservative estimates. Maybe as high as 75 billion by the end of day. That is buoying the s p 500. The dow is 19 off its bear market low reached a little more than three weeks ago. A similar situation for the s p 500. Now, about 16 or so away from those lows. Whether that holds is anyones guess. But a lot amid talk as well well get more stimulus here or relief, whatever you want to call it. That it could rival the price of last and most recent relief package north of 2. 2 trillion, hard to say. Blake burman has been looking at all of that. Blake . Reporter hi, there, neil, hard to say indeed. Here is what i am seeing speaking to Senior Administration last night, there has not been sizable movement the last couple days next potential steps coming in terms of economic relief. I am told there are some ideas that they are kick around within the white house as of if that does happen, what
You are watching cnbc. Lets get right to the markets and look at how your money is setting up today. The dow would be implied just about flat that is a weakening there. Margining declines in the s p and nasdaq a bit of volatility returning to the market now up more than 20 since the march 23 low just more than two weeks ago at this point. Take a look at the bond market we are seeing a little bit of a bid on that side of things pushing things to that side. Just a hair below 25 basis points or. 25 and a little below. 75 or 75 basis points there. Lets go worldwide matt taylor is in singapore and Julianna Tatelbaum is watching the Early Morning trade of european forces. And well go to the opec plus meeting and Frank Holland is here with the coronavirus headlines. Matthew, well start with you. Thank you. We did see a firmer trading session. Before the final session are either closed on friday and monday for the easter break. Japan was the exception flat at the close. We had the nikkei down
Pandemic. Later, National Indian Health Board Chair on the affecting native American Communities. Morning, its thursday, april 9, 2020. Against the backdrop of another deadly day, turmoil across the country, political leaders in washington are headed for a showdown over hundreds of liens of dollars in new aid for Small Businesses. With the senate set to move forward with funding today we begin our program by hearing from Small Business owners and their employees. Let us know how your Small Business has been impacted by coronavirus. Small Business Owners, 202 7488000 is your number. Small business employees, 202 7488001. You can send us a text this morning, that number is 202 7488003. If you do, please include your name and where you are from. Otherwise, catch up with us on social media, twitter or facebook. Good thursday morning to you, we are hearing from the 60 million americans that work at Small Businesses in this country and the more than 30 some businesses around the country. You
1st step and every language the 1st word published in the book the coax in germany to mine sure. Why not permit him im tired. Too soft its simple mind on your mobile and free. T. W. Zingy learning course. German made easy. This is new news africa coming up in the next 15 minutes brace for it thats the message from the South African government says the number of coral now virus cases rises. So that. Zimbabweans hoping for closure one year after. Devastated many parts of the country some people still missing. Last month. It was a very difficult. You know when you dont know whats next to the difficult situation. Its. Come to africa have your company sanitizing and Hygiene Products all flying off the shelves in south africa way officials have warned the coronavirus pandemic will hurt travel and tourism and negative impacts the countrys already struggling economy the Health Minister. As people not to panic but to prepare south africa currently has 24 confirmed cases. Its going to. Be just.