Quarter. We are down 1. 4 on the s p. Weve got a big show coming your way well speak with the ceo of hologic which says its new coronavirus test could help increase the countrys Testing Capacity and a massive afternoon of earnings. Apple, amazon, gilead, visa and whirlpool. And an exclusive interviiew when i will pools ceo. Michael tracking the market on this final day of the month. Courtney has a strategy update for macys and julia is watching big moves for media stocks mike, start us off with the market down day, but big up month and a big five or six weeks since the market low take a look at the s p this is a twoyear this was a 35 drop on intraday basis. To yesterdays high, it was a 35 rally off that lower level so very sink niehaus in that way. I also point out that right around here, 3005, people are talking about how its gained more than 60 of the overall point losses that has some significance its kind of a may period. Seasonals get weaker and yesterday was kind of a big headlin
Million confirmed cases worldwide. More than 600,000 are in the u. S. , where deaths have surged past 27,000. Tonight, new yorks governor is ordering everyone there to wear masks in public. And l. A. s mayor reportedly wont allow concerts or sporting events until next year. But in other places, there is anger that all of those restrictions are taking their own toll on the economy. In michigan today, cars jammed streets near the capitol, protesting that states strict stayathome rules. And while most restrictions nationwide were put in place by governors, President Trump says tomorrow hell announce federal guidelines to reopen the country. Adding to the president s sense of urngencey. Retail sales for things like clothes and furniture hit historic lows in march, and that federal loan fund designed to help Small Businesses pay their employees . Well, its set to run out of money tonight. All of that is balanced against scenes like this in new york city bodies piling up in refrigerator truc
Until 2021 . Money in the bank as some americans wait for checks in the mail, the Treasury Department says 80 Million People have received their direct deposits, so many checking their accounts, it crashes several bank websites. And news tonight on those Small Business loans the 350 billion almost gone, the nationwide steakhouse that gets 20 he local pizzahe local pizza shop still waiting for help. And those quarantine workouts creative ways people staying at home are staying in shape. This is the cbs evening news with norah odonnell, reporting from the nations capital. Odonnell good evening, and thank you for joining us. Tonight, President Trump says data shows the u. S. Has passed the peak on new coronavirus cases, this as a battle is brewing across the country over how and when americans can get back to work. The virus is still taking a deadly toll. There are now more than 2 million confirmed cases worldwide. Worldwide. More than 600,000 are in the u. S. , where deaths have surged p
Though some say theyve been told to keep quiet. And spirit of giving. Tyler perry explain yes he has been so generous during this crisis and why he hopes others will do the same. First, heres todays eye opener, your world in 90 seconds. Given the fact that the sun is out, it would be really human for us to take our foot off the pedal here. But that is just too dangerous. There are signs the curve may be flattening. Fewer people are being admitted to the hospital but more people are still dying each day. That means what were doing is working and, therefore, we need to continue to do it. New yorks governor reporting a record high number of new covid19 deelts amid the surge in fatalities, more bodies are being buried on new yorks heart island. We lose 2753 lives on 9 11. Weve lost over 7,000 lives through this crisis. I think the economy is going to do very well. Now thats just my feeling. Its a strong feeling. 6. 6 million americans filed for unemployment. The Federal Reserve announced 2
Youre seeing money coming out of the bond market. The u. S. 10 year yield up about four basis points. The dollar is down for the first day in 11. That shows some of the dollar funding stress that was present in the market may be easing a bit. All of that should support this rally, but we have to wait and see if we get that stimulus. David we are promised daily, but they are saying today it is coming in just a matter of hours. We hope that that is true. How broadbased is this on the equities side . Kailey it is pretty much across the board. Everything is green, and what is interesting is it is the most beaten up sectors leading this rally. Energy is on pace for its best day since 2008, up about 10 . Abouttocks that have lost half their value are actually leading the charge, so you are seeing some buying of those dips, where evaluations are quite suppressed at this point. David on airlines, that could be tied to the bill because theres reportedly some help from the airlines, but energy i