23. 60. The other big news today was adp employment. 20. 2 million jobs lost. Interesting to see the crude market and the equity market going in two different directions. In europe, they are not here in europe, they are not. The pound is also trading down by around 0. 5 . We get an announcement sunday on lifting the u. K. Lockdown. Brent down by 3. 5 . We are seeing incredibly grim data from around the world. The European Commission economic forecasts were absolutely horrible. The services pmi data was absolutely horrible. It just continues to come and come. Obviously, we are waiting to see what we are going to get friday. The adp number not exactly a great story. It looks like the unemployment number friday is going to be horrible as well. Vonnie lets get to our first guess on this right now. With states lifting restrictions and President Trump insisting the economy has to reopen, even at the risk of more infections, we are seeing really deplorable jobless numbers. Look at the chart d
Good morning, im phillip mena. And im cori coffman. The death toll reaches a grim milestone as clashes over testing begins it hr first confirmed case of coronavirus. And now more than 755,000 people are infected with the virus. Over 40,000 americans have died from covid19. At the epicenter in the empire state Governor Andrew Cuomo is launching aggressive testing for antibodies this week and says new york has passed the high point of infection recording its lowest daily death toll in two weeks. Heres a bright spot a patient getting a standing ovation as he leaves north Shore University hospital on long island the 46yearold was their 1,000th discharged coronavirus patient. Can you see there doctors and nurses cheering him on. New yorks finest are showing solidarity for those who lost their lives to coronavirus by wearing black bands across their shields. So far 28 uniformed and civilian members of the nypd have died from covid19. Starting today, walmart employees will be required to wear
And the new call to action tonight for plasma donors. Eearly today starts right now im phillip mena, states are looking for a way back to some form of normalcy as we battle the coronavirus pandemic we have more than 800,000 of covid19 in our nation and more than 4,000 deaths have been linked to the virus. The u. S. Could be hit with an Even Deadlier wave which would come at the same time as flu season nurses protested outside the white house calling for more protective equipment for front line nurses. They read the names of 50 nurses who have died from covid19. They arranged their patrol cars and the Meal Delivery service wants to help people who miss going out to restaurants so theyre i releasing these virtual backdrops. Some restaurants contributed some play lists from music to help create the at mos fe a atmosphere one shelter saw a spike of 47 cases this week. Attorney general says the Justice Department may consider taking legal action against stay at home orders that go to far. A
With the hopes of going ahead. The Federal Reserve move made a turnaround. That led to selloff yesterday. Dow industrials down 582 points, nasdaq down 18 and s p lower by 67. Reports that u. S. Airlines are looking into voluntary shut down of passenger flights across the country this morning. We will take about it. Ceo of boeing David Calhoun joined me later this morning on asking for bailout, suspending dividend and foregoing his own pay and shuts down. Im going to have a report for you jpmorgan says theres a trillion dollars wait to go flow waiting to flow into stocks. President Boris Johnson putting people in lockdown and banning meetings of more than 2 people. Take a look at asian markets here. South korea doubling coronavirus package. Kospi index off 8 and a half percent overnight. More bad news on the chinese economy to report. Latest survey from china warning economy could shrink to 10 to 11 . Thats just the First Quarter for china. Take a look at 10year treasury rise and settin
The nation tries to slow the spread of coronavirus and give relief to all of those who have been affected. The Senate Passed a 2 trillion coronavirus economic stimulus bill. The largest Economic Relief bill in u. S. History. The bill was held up for much of the day after four republican senators demanded changes. The package provides relief for workers, businesses and corporations. Governor gavin newsom said one Million Dollars filed for Unemployment Insurance in less than two weeks. The surge in claims coincides with the shelterinplace order. The States Employment Development Department said it is working seven days a week to process claims and schools in six bay area counties will remain closed at least through may 1. The announcement affects a million students. Santa clara county reported 84 new cases today of coronavirus. That is the largest number reported in a single day. Now that testing is available. A san jose grandmother who worked at a Grocery Store is among the 17 people de