Brennan and jon fortt. Markets have been well off the highs. Dow was up 937, trying to hang on to about 400 points on the dow right now. Lets bring in mark mahaney of rbc, david lovevitz of jpmorgan. We knew 2700, 2750 would be a bit of a battleground and its turning out to be exactly that yes, exactly. One of the things thats occurred here over the past couple days really over the course of the past weekend is you finally saw consensus earnings system begin to come down and the narrative that had been in the Market Equities are looking cheap, the question we were always asking was cheap relative to what earnings . When you use the new estimates that are around 145 a share, you know what youre seeing is stocks are looking fairly valued not outright cheap and i think thats a big part of why were seeing things run into resistance at these levels mark, its a great opportunity, davids answer, to ask you how in the world analysts are coming up with any kind of estimates given the lack of gu
Us and for our planet. Google ideas is on its way to bring you more conservation. How to make see the screen. How can we protect our attention so. We can make a difference to. The wind use the environmental series including 3000. 00 on t. W. And almost. The worst ever period for the u. S. Labor market 22000000. 00 people lose their jobs in just one month meanwhile a Government Fund for helping Small Businesses dries up the show is this crisis more than the American Economy can bear. Also coming up in the air of lockdowns Grocery Shopping is one of the few im seeing still allow you to. Well tell you why thats proving to be good 1st Small Businesses in italy. And how safe is your home office set up the growth in video court has exposed some serious security flaws in conferencing software. This is really business im Kate Ferguson thanks for joining me one in 7 people in the United States have lost their jobs in the past month and the number keeps on rising more than 5000000 people applied
The number of deaths over the past few days has been dropping for the first time. What that might mean for the battle around the country as millions of americans begin a new week under lockdown. Infected. The u. S. Navy captain forced out for sounding the alarm about the outbreak on his ship, now himself diagnosed with the virus as top military and white house tussle over the firing, the commanders crew gives him a heros sendoff. The latest just ahead. Hospitalized. British Prime Minister Boris Johnsons condition worsens. Admitted to the hospital overnight 10 days after testing positive for the coronavirus. The queen delivers a rare televised address. If we remain united and resolute, we will overcome it. Her message just ahead. Those stories plus a historic diagnosis at the bronx zoo. A beloved tiger catches the virus. As many as six others might be exposed as the outbreak takes a surprising turn, today, april 6th, 2020. Announcer from nbc news, this is today with Savannah Guthrie and
Senates lack of progress on a coronavirus stimulus bill pushes Global Stock Markets into the red. I consider myself one of the lucky ones the old and i coronavirus patient is the story of her long road to recovery. At. The end thank you very much for joining Us Singapore Airlines and its regional and no cost on a grounding 96 percent of the fleet the Aviation Industry is reeling from collapsing passenger numbers and border closures due to the coronavirus been demick the United Arab Emirates home to the International Hub dubai is suspending all passenger flights including transit travelers meanwhile japans Prime Minister shinzo abbay has not conceded a postponement of the tokyo games must be considered thats after weeks of insisting the major sporting event could go ahead in july as planned lets take a look at the global snapshot from the u. S. Base John Hopkins University nearly 340000 infections since the outbreak began just under a 3rd of those almost 99000 have recovered more than 1
President making those comments as he looked to defend his new european travel ban, latest on that prowhite house with blake buhrmann standing out but first Kristina Partsinevelos on this historic day at new york stock exchange. For the wrong reason. Reporter right, i cant believe i have been here twice the markets have been halted. For 15 minutes, the second time this week because markets dropped 7 in first 5 minutes, we have note seen lows like note seen lows lik not seen lowe this since 1987 black market crash, all market in bear market, they have dropped 20 from recent high, a broad selloff, gold fell, oil sell, travel industry got hit hard, we know that president did announce they are banning ought flights m the eu. That weighed heavily on united, american, and delta, more than 21 . Then cruise lines as well, another industry really taking a beating mor norwegian and carni, they voluntarily said they would cancel their princess cruise ship for next 60 days, that hopefully we can b