Notches a record close. We are up 162 points, much more than we needed. The s p up 15 points. The nasdaq up by 41. We are looking good right now. We will take all of this up with our floor show guys. Also coming up in just a few moments, weve got Philadelphia Fed president and ceo Patrick Parker who will sit down with Edward Lawrence to discuss his historic vote to change the feds inflation policies. The cleanup from hurricane laura in full force across the gulf coast as Power Companies work to turn the juice back on for folks down there. We are going to go live to lake charles, louisiana to get an update. And the one company is helping some of the biggest corporations in the nation return to work from the coronavirus pandemic in a safe and touchless manner. We will introduce you to the ceo of envoy. This is a fox business exclusive. Coming up, less than an hour to the closing bell and im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl well, forget apple. Forge
Coming up, we will be talking with curtis johnson, the managing director at carlisle. Talking about what trying toericans face break into the industry. Bank and tesla are surprising reporting surprising numbers. Our guest is joining us from italy. Your metrics are strong. Been notrating has it being able to get back to shareholders because of ecb guidance . [indiscernible] the expectation is the end of december to be able to pay dividends again. A fourth quarter, are you confident you will pay dividends and about buybacks . X part of the priority. Buybacks are not a priority. [indiscernible] been inas the economy july and what are economists telling you about their mood for the future . [indiscernible] in 2021, the growth in gdp could be higher than 5 . [indiscernible] the positive trend will be in 2021 and my expectation. To take a quick break to make sure we hear you perfectly so we dont miss a word you say. We love working from home. We will get back on the interview once we fix the
Likely to hit around 15 . This morning, the private sector reports the loss of 20,236,000 jobs just in april. Reopening the economy is designed to try to bring back some or most of those jobs. So here we are. With all the bad Economic News breaking around us, what does the market do . Well, it rallies. For the third day in a row, the market opens higher. This is a bet on the recovery and a bet on the federal reserve, which is putting at least 4 trillion into the economy, and the treasury which is putting in over 3 trillion. Thats called stimulus. Investors appear to like it. The dow is going to be up about 140 points. Nice gain there. The s p up 15, nasdaq up about, what, 58, 60. Look at this. Oil, 23 a barrel. Thats where it is now. Earlier, it had been at 25. There has been a dramatic fall in supply and a hopedfor pickup in demand as some states start opening up their economies. So thats why we are in the mid 20s for the price of oil. But you can say goodbye to the gas price decline.
Different set of drugs then you might need at later point in the disease. Not to make too complicated rep. Mccarthy i want to thank you all for joining me and before we begin, i want to continue to pray for everyone who has lost loved ones on this virus. I also want to thank all those from the medical community, to the Truck Drivers to the farmers to the grocery clerks two people who take out food, everyone making sure the country is still working through this. We cannot thank them enough, especially on the front lines, all those in the medical community as well. Ofave put together a group slide decks since we cannot be in person with one another, i thought i thought that could work better. Is first slide decks i go to some of the data we have from Johns Hopkins. We are still suffering from the virus, but we are making progress. On a gottlieb said today plateau, there are a couple things i take from this Johns Hopkins numbers from a positive sense of where i look at it, we have a downw
Radio app. House minority kevin minard a conferenceeld reporters other topics included proxy voting, holding remote hearings, and discussing National Security issues over technology. Afternoon. Before we begin, i want to continue to pray for everyone who has lost loved ones on this virus. I also want to thank all those from the medical community, to the Truck Drivers to the farmers to the grocery clerks two people who take out food, everyone making sure the country is still working through this. We cannot thank them enough, especially on the front lines, all those in the medical community as well. I have put together a group of slide decks since we cannot be in person with one another, i thought i thought that could work better. The first slide decks i go to is some of the data we have from Johns Hopkins. We are still suffering from the virus, but we are making progress. Scott gottlieb said today on a plateau, there are a couple things i take from this Johns Hopkins numbers from a posi