When we reopen, that is the time to stimulate. How do you see the policy effort changing in the months to come, adapting, larry . Larry i am not here to negotiate, but i will simply say this. Had a set ofmp has policies that worked very well before this pandemic. The first three years plus. Indeed, in january and february the economy was growing at 3 or better. I think that he wants to extend a lot of the ideas. He wants to be a Free Enterprise economy. He wants to reward people for their success and their initiative and their efforts. He has talked about from time to time, talked and tweeted about payroll tax holidays, he has talked about Capital Gains taxes. He has talked about tourism, restaurants, traveling deductions that might work. We have talked about capital and business expensing. There have been covid related adjustments, whether you are a large factory in detroit or a small town in the heartland a restaurant in the small town in the heartland. All of that, every nickel of t
About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle
Lauren hey, guys a twoday sell i dont have was reversed. Major averages closing near the highs of the session. Nasdaq leading the major averages gaining almost 3 today. The nasdaq was led by big cap tech which was down for this week. Three reasons for rally. First more rescue funding from the government is likely on the way after the Senate Approved yet another relief package. Second oil prices recovering. Take a look where crude closed the session today, above 13 a barrel. That is much better than it had been. A gain of almost 18 . With that reis big gains for halliburton, chevron, exxon and the Energy Sector in general leading the overall market higher today. And third, investors look to Earnings Report that continue to pour in from guidance on the coronavirus effects on the economy. Here is the trends were seeing and were seeing it for chipotle after Earnings Report showed 81 increase of people ordering online getting food delivered. That is with were doing. That stock is up 14 . Sn
How to get businesses back up and running once stayathome orders are eventually lifted. What they are using to help the local economy. Well, good morning. And welcome to mornings on 2, the 9 00. We are looking at a live picture. Dark clouds in the background there. As a matter of fact, frank and claudine, who are filling in for mike and gasia, good morning to you. The weather good morning. It has made it so you want to go outside but you still have to do practice social distancing. How do you do that claudine. Tr less popular, i think. I went on a walk. [ captioners transitioning ] it has changed big time here unless you are really far inland or to the north. We have a lot of low clouds and thats the may grade. Water temperatures 5255. All you need is a system coming down the coast. That will continue tonight. Tomorrow maybe coazzle. Remember those 80s they are on hiatus. Santa cruz 75 and the gilroys 84. Temperatures coming way down in morning drizzle cooler with the mix of fog toward
Congressman Mike Gallagher of wisconsin cochairsor to Cyberspace Commission discuss the recommendations to defend against cyberattacks. [video clip] in the critical time fight against the virus, we made a lifesaving move with early action on china. Now we must take the same action with europe. Host that was President Trump last night in an Oval Office Address announcing his plan to block travelers from Continental Europe from entering the United States. It came hours after the World Health Organization declared the coronavirus a pandemic. Negotiateontinues to and aid package. Here are phones are open to hear your reaction for all of this. Emocrats, 2027488000 2027488001 republicans, it is 2027488001. Independents, 2027488002. You can send us a text. That number, 2027488003. Please include your name and where you are from. Otherwise, catch up with us on social media. On twitter it is . It is cspanwj. You can start calling in now as from theou more of Oval Office Last night. President tr