Alphabet is up about 11 year to date amazon is up 50 this year you have to wonder if it is the revenue that will be hit particularly hard as travel remains under pressure and they get a good chunk of revenue from that sector. His tweet was on may 1st, the stock closed at 701 that day, were getting new details on the ppe program. Yeah, were waiting the release of loan recipient names. That should be about 13 of the recipients in the program. Here is what we know about ppe after as you mentioned the president signed that extension over the weekend 4. 9 million loans were guaranteed the average loan side was 107,000 about 30 billion in loans have been returned or canceled. Those that fall into the category will not be on the list that we are supposed to get today. This is supposed to be how many employees were in the company when they applied for the loan many businesses are facing deopenings, well be back with more as soon as we know it thank you, kate. That is a good way to get into sto
Done b. K. , sit tight for one second obviously its 6 00 eastern time most of our audience is tuning in for jim cramer and mad money. Jim and mad will come up they will begin at bottom of the hour 6 30 eastern time for jim and mad money. A big lineup including the c. E. O. S of teledoc and ventas. We are expecting or were expecting this White House Press conference, which could begin at any moment for those of you tuning in who tune in, love jim, love to watch mad, but its 6 30 eastern time b. K. , thank you for that pause wanted to make sure our viewers understood why we are still on and not jim. What do you want to see the market the next couple sessions that might confirm some of the things youre talking about . Yeah, so, what im really looking for is how the equity markets react to this stimulus bill it looked like today when were getting close to a vote, the equity market tried to rally then the vote failed equity markets sold off. To me thats the real key here we have a couple pi
People. Empty store shelves becoming the norm this morning. Amazon to hire a hundred thousand workers and Major Grocery chains adding jobs as well to keep up with demand as well. More countries closing borders. Things have reversed course and dow industrials showing decline of 96. Nasdaq up 29 but s p is are youer by 12 and a half after dow, nasdaq and s p 500 had biggest oneday point loss in history. It was 13 in a day. 12 and a third percent and the s p gave up 324 points yesterday, 12 , yeah, quite a day on wall street. Primary day on ohio. Voting still taking place in arizona, florida and illinois. Mornings with maria is live right now. Maria we want to check Global Markets this morning, asian markets were mixed overnight. Remember, we did have a pretty good upswing at the end of the day coming off of the lows and into the premarket, this morning we had rally and that reversed. In china, the shanghai composite down third a percent. Oil prices rising after hitting new 52week low yes
noise the committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Holding Wells Fargo Accountable and ceo perspectives for the bank that broke americas trust. I now recognize myself for five minutes with an Opening Statement. Today, wells far go ceo, charles scharf, will testify before the committee about how he plans to end wells fargo egregious battle of abuse. Hes the third wells fargo ceo to testify before this committee and less than three and a half years. I will note that each time wells fargo ceo testified before this committee, he has resigned soon thereafter. Mr. Charles scharf, you have taken on a massive challenge and while i certainly wish you luck, it is clear to this committee that the bank you inherited is essentially a flawless organization that has caused widespread harm to millions of consumers around the nation. Wells fargo has opened 3. 5 million fraudulent accounts with their
noise the committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Holding Wells Fargo Accountable and ceo perspectives for the bank that broke americas trust. I now recognize myself for five minutes with an Opening Statement. Today, wells far go ceo, charles scharf, will testify before the committee about how he plans to end wells fargo egregious battle of abuse. Hes the third wells fargo ceo to testify before this committee and less than three and a half years. I will note that each time wells fargo ceo testified before this committee, he has resigned soon thereafter. Mr. Charles scharf, you have taken on a massive challenge and while i certainly wish you luck, it is clear to this committee that the bank you inherited is essentially a flawless organization that has caused widespread harm to millions of consumers around the nation. Wells fargo has opened 3. 5 million fraudulent accounts with their