Good morning im becky quick along with joe kernen and ars there are some red arrows. You have to look at what has been happening over the last week joe mentioned it is up 3. 5 this week alone watch what has happened. The crazy whip saw market picking up again walking you through the dow. Thank for peter for helping me out with this. The record high 25,551 on november 12. Falling to the low on march 23, 18,591 yesterday, june 3, the dow up 41 back to 26,269 the same story with the s p. Looking at that, you will see it hit a record high 3,386 on february 19. Fell on march 23 to 2,237. Yesterday back to 3,122. It just shows you how rapidly these things have happened and how much ground has been made if you are looking at the nasdaq. Only up 1. 4 from the record close from february 20 treasury yields have picked up the 10year yielding 0. 746 . Crude oil prices are down this morning. Concerns that that opec plus meeting. That there will not be any cuts extended a lot of that comes as you ar
But well start to see more clouds moving in as a new storm system approaches. Temperatures in the low 50s and well see it only reach into the upper 60s today and looking at where that rain is now still to our north but moving in later today. The forecast is coming up in a few minute. Laura . All right, thank you very much. Going to take you to washington because on capitol hill a dire warning on states just opening up too soon. A top expert with president Trumps Coronavirus Task force tells congress the disease is certainly not under control and it could affect students going back to school in the fall. Tracie potts is live in washington this morning with more steps on that and all the steps that are even being taken in our state of california. Good morning, tracie. Reporter good morning. California making National News because of the states schools deciding not to reopen in the fall and part of what we heard from the top Infectious Disease experts speaking to congress, dr. Anthony fau
95000 people ultimately we may be juggling about something more than that. Venezuela charges 2 americans with terrorism and conspiracy to overthrow the government. Accusations of slavery see indonesia demands answers off the deaths of fishermen working on chinese boats. And a new ships remembrance loci commemorations take place to mark the 75th anniversary of the end of the 2nd world war. We begin in the u. S. Where unemployment skyrocketed in april saying the biggest spike in close to 90 years more than 20000000. 00 jobs gone in the month of april alone has coronavirus lockdowns. The economy of the Unemployment Rate has tripled to 14. 7 percent with no sign of slowing down this is already worse than the socalled Great Recession that followed the 2008 financial crisis and its a new post war record which was previously set in 982 when the Unemployment Rate hits nearly 11 percent and is no exaggeration to say this is the worst crisis for the u. S. Economy since the Great Depression when
Optimism grows over flattening curve in some areas of the countries. Signs that lockdowns could be having positive impact. 7 and 3 quarters percent yesterday, take a look. Pretty good rally at the end of the day as well. Dow industrials up yesterday, nasdaq up 540 and s p up 175. President trump announcing a deal with 3m to supply medical masks and he said he had a, quote, wonderful call with former Vice President about the coronavirus response. We have you covered this morning about the pandemic and markets and beyond with allstar lineup you do not want to meet miss. Plus what other possible rounds of stimulus might look like, phase 4. The Dallas Mavericks owner mark cuban is here on what should be done to help businesses survive pandemic. Heros stepping forward to help the world on time of crisis. Mornings with maria live now. Big show this morning and big rally underway, lets take a look at Global Markets which are mimicking the wall streets gains today. The cac quarante is up 118 a
Good Tuesday Morning im Carl Quintanilla with david faber and jim cramer coming to you live from separate locations this morning coming off that 7 rally and futures build as optimism about flattening the curve goes into a second day more talk of another round of congressional stimulus oil up about 2 , as we await the opec plus meeting and exxon slashes capex about 30 . Mnuchin and kudlow on the tape this morning saying the white house looking to reopen the economy as soon as Health Experts give the green light but thats going to be met with skepticism today look, ive got to hand it to them in terms of trying to make it so theres enough money for small and medium sized business to get open. Theyre doing it theres no limit to what theyll give i think the Community Banks, no limit to what theyll lend i really like that the other side though is the customer and weve got to find a way for the customer to feel confident i know i will feel continue if i dent when i see everybody else wearing