In case of s p 500 and whats happening and dow up better than 40 from that period. The dow hovering over 26,154, a little more than what, 3,000 points from alltime highs reached in february . It is a bit of a remarkable turn around here. We are on top of that. Were on top of promising signs when you hear mark zandi, the moodys chief economist who is now saying that the covid19 recession is over. That job losses are not as bad as feared. That he sees a pickup in jobs starting in this month. He was mr. Doom and gloom. If you want to be contrarian, run the other way on that. For him to say that this might be the worst that has come and gone, better days are ahead that is greasing the skids for more buying. Were following that. Following what is happening on the Interest Rate front as they pick up. Again it is really reflection of the improving global economy, keeping an eye on that. Keeping an eye right now on new york city and whether things can kind of be what they were like last night.
Relatively good news out of new york where hospitalizations continue to decline although there is a spike in deaths in the state. The governor is worried, outlining for folks the idea of a staggered reopening of the state. Only 45 minutes after new yorks mayor bill de blasio was saying look, it is looking like june. That the city will not be able to open up before june. That was not exactly worthy after fox news or fox business alert. No shocker there. A highranking mayor of the city was making it official all you needed to hear, wow, this whole comeback for the economy which cant get any robust way without new york kicking in is not likely to happen. So that is kind of been pulling and pushing at investors today. Jackie deangelis has more on all of the above. Hey, jackie. Reporter good afternoon. Good to see you, neil. Thats right, the market is paring the losses right now. Youre right stocks are kicking off the week in the red after a very strong week last week. Investors are cautiou
And nasdaq. Strong market gains for the Bluechip Companies. Just using two of them as an example, we have apple up three dollars, microsoft up at 146. They have been higher than that earlier. Microsoft up earlier. Did they hit bottom this week . A lot of people have been buying them. Were asking that question. I hope a bottom for a lot of companies. Oil moving up to 25. Barrel. Its down 15 cents now. The government is buying oil but the petroleum written for the petroleum reserve. Whats he going to do about the russian and saudi attack on american drillers. We will ask that question to him. Gas prices tumbling. The National Averages 2. 17 a gallon falling about two cents a day. In oklahoma the averages a dollar 80. In california its 3. 25. According to gas buddy we will be down to a National Average of well under two dollars very soon. Lets get to the spreading virus. We will show you Street Scenes from around the world. Same story all over. Ghost towns, empty streets. Economists at a
Come through with a monumental deal without vowing to special interest . I will check in with Mike Huckabee. Weve got a big show for you on making money. Charles the markets are rebounding after the were selloff since 1987. Waiting to hear from President Trump when he gets a News Conference and its about an hour for now on the coronavirus. Right now major averages are higher. This after the bank of japan, the peoples bank of china, all of them pumping more into their Financial Systems. Joining me now to discuss all of this, is heather and foxbusiness contributors scott martin. Let me start with you. It seems like the Central Banks are doing their part although President Trump did put out a tweet about the fed doing more. Everyones looking at the government here at home wondering if democrats and republicans can get their act together and do something that will not only stimulate mainstreet but also this market. Yes, were getting stimulus from both sides of the aisle from a monetary per
Election results. If you do, there will be a Special Prosecutor in atlanta or an atlanta da that might try to put you in prison to the day you die. As a matter of fact he is facing just 791 years when you add all the accounts up together. Murderers spend five minutes in jail. Donald trump they put in jail and lock him up and throw away the key. If you are a democrat, a member of the media mob, you can pretty much do and say anything you want. We have got the tape to prove it. Senator marco rubio tweeted this out from a group associated with journalists, the guy from twitter. Take a look. My biggest fear his he will do it again with the help of his best pals. Its terrifying. Will you be my Vice President ial candidate . An illegitimate president. Trump cheated. Trump cheated. The 2016 election, illegitimate president. Donald trump has got to go. Protesters hurled trash cans, flash mobs and objects at police. Protesters threw rocks and smash windows leading to more confrontations, injuri