They come. Checking out the 10year, weve been around the same level yesterday we were at 0. 75 this morning, it looks like the 10year is yielding. 69 saying the Global Oil Demand will fall by 9. 3 billion a day erasing almost a decade of growth down about 2. 25 baushing it back to 19. 65 a barrel dr. Scott gottlieb, chairman of cbs health, fanatics executive chair. Chief Investment Officer and more coming up in the next three hours. Joe . Becky, you remember United Health care is a dow component we always say, thats right. Thats right you notice the dow is down around 370 or so maybe repairing partly due to United Health care the Company Reported an adjusted 3. 72 for the First Quarter. Nine cents above estimates the company said it is keeping its prior 2020 full year guidance said it would continue to evaluate the ongoing impact. You can see up about five points or so. Ee quaids to the improvements we see. Well hear from bank america and other companies. We are in earnings season now.
The answer is not for a long time even the greatest optimists think a mass vaccine in the middle of 2021 maybe something smaller this fall the idea of something that is just given to you in the hospital iv that makes it so it eliminates the lets say the odds of you dying, its something that makes us feel like maybe this is the tamiflu for this dreaded disease i think, of course that makes people feel more optimistic. Everybody wants the country open, but nobody wants to do its been that stark, that bipolar. How about we get it open versus getting really sick. Thats something that people will say open it up, thats why the market is flying its not the tamiflu, its for when you are already fairly sick its very important i dont want to discount it in any way, listening to Scott Gottlieb has been one of the more rational voices on this throughout. He frames it properly. We actually do still need those antivirals that would be taken earlier in the course of the disease to mitigate its effect
Friend. Were watching that very closely. Were keeping close eye on washington. Were focused on capitol hill. The house taking up the stimulus measure, relief measure, whatever you want to call it, to the tune of 484 billion. Now the house physically there, in person, some Wearing Masks to make sure they get this done. Lets get the latest from chad pergram, how this will all sort of fan out. Chad . Reporter hey there, neil. This is the debate. They started 15 minutes ago on this bill, about 324 billion of this goes to Small Businesses. You might recall a couple weeks ago that fund ran dry. The cupboard is bare. The cost of this bill ballooned from 251 billion specifically to Small Business, to 484 billion as you say. House Speaker Nancy Pelosi says democrats improved the bill. There is money in here for hospitals and testing. Listen to the speaker. Im very pleased that it was transformed from a bill two weeks ago on the floor where the leader in the senate said, this is it, 250. Were no
73 degrees. Adf san jose and 78 for concord. Daytime highs running from about 9 to 11 degrees above average for this time of year with light offshore winds. We will talk about a cooldown and our next chance to see some showers coming up in a few minutes. Lets check in with gianna for a look at traffic. Right now, theres a lot of roadwork, especially around 101. As you head into San Francisco towards the Golden Gate Bridge. Intermittent lane closures in that area, the lanes be closed. Kpix 5 is kiet do joins us live from san jose with what the steps to reopen might look like. Reporter good morning. We are coming to you live from the willow glen neighborhood. A ghost town just like any other here in california but now there is a glimmer of hope coming from Governor Newsom with a huge heavy dose of managing expectations. Newsom is set to layout the parameters and tools needed before. Newsom set his decisions will be driven by facts, evidence and Public Health experts. Ucsf professor epide
6 00 a. M. On the dot, lets check in with steve pretty warm for most of us. It will be later on today. We had a warm day yesterday for some and we will continue that today vessel for sunshine for all and on sunrise here there is a little log on the santa cruz coast but 43 for the more in santa rosa and 49 and then as a so temperatures are running cooler because of lack of cloud cover and some of that fog is going right down the coast north wind, northeast and i think you all know the drill napa airport is 38 but brentwood is 57. 43 in lake port and santa rosa but the north wind and clear skies equal sunshine and warmer temperatures. Look for a chilly cold morning, maybe, compared to the last couple mornings. We had fog but thats not the case now but highs are in the 70s and temperatures are above average by a good five or 10 degrees here. So, we did have something around fremont is that still there is that better . Its been cleared up which is good, and that is gone now and traffic is