Pandemic kering gets paired down with gus gucci sales down volatile trading again in oil as brent bares the brunt of the selloff. Nearing 21year lows producers battling the glut and depressed demand the u. S. Senate passes a new 500 billion relief fund package. This will go to hospitals. Loans for Small Businesses and some assistance in the funding for testing. You cannot tell people to go out in the streets without adequate testing or the fear is that corona will come back doubly as hard as it came the first time a very warm welcome to street signs. European markets starting the morning off on a high note currently trading about 1 higher following a steep selloff with the main benchmark breaking the win streak this morning, european corporate earnings taking focus. We had a number of Earnings Report a raft of Different Industries movement around dividends and a lot of pressure on earnings. Companies sounding a more optimistic tone in the second half of this year and beyond 2021 Energy
Less pay handle than the 80 we have had the last few weeks, although this is still pretty elevated. I want to talk about the individual stocks that are moving. It is interesting you have a lot of these stocks rising and falling despite some of the overall gains we are seeing within the s p 500. Youve seen ae, lot of these cruise lines extend the ban on the travel limits we have seen with the president overnight saying we are extending this lockdown period through april 30. Hit aftering another posting 80 gains last week. Barclays now saying is saying boeing and airbus could see production cuts of 30 to 40 . Disney one of the strong performers, at least today. Goldman is saying disney and marriott are some of the few coronavirus pix that despite the shut down some of these stocks should recover. Interesting to see disney maybe hanging in there after all. David thank you so much to taylor riggs. Various medical and Health Insurance Companies Across the country are doing what they can to
A pandemic has become very real. We feel like prisoners being kept at home not being able to go out and do things. With the principles of the land is closing down the whole world is closing down but it would be the 3rd spun to me in history that would be controlled by. The rules the game is. Never. Given. Also coming up marching to save their own lives and those of their daughters mothers and sisters protests today in mexico one of the most dangerous countries in the world for women. Making the most of its like being in a state of war where in a humanitarian crisis because of the number of missing and murdered women. Our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the fear factor and the coronavirus to say that the Global Economy is jittery because of the corona. Iris outbreak well that would be stating the obvious to say that that fear could soon make a Global Economic crisis possible well that would be stating what became obvious to
Will have issues producing energy so lets go out and buy 10 billion or 20 billion worth of oishlgs fil, fill up the res. The oil market has nothing to do with the coronavirus other than theres just a lot less demand at this point. But youre right, unprecedented issues. Maria yeah. No surprise, russia would pile on just in the middle of a crisis for the United States and say im not going to cut production. Secretary mnuchin, a pleasure to have you. Thanks very much for the clarity. We appreciate it. Thanks, maria. Great to be with you. Maria see you soon. Secretary mnuchin. We cut into varneys time. Stu, my sincere apologies. Varney Company Begins right now. Have a great day, everybody. Stuart good morning, maria. Good morning, everyone. If i may just say very quickly, the key sentence to me from listening to secretary mnuchin was we will destroy this virus and the economy will come roaring back. We will go back to a normal world. Good morning, everyone. Lets get going on the program. A
more a part of maga mainstream as trump openly embraces their messaging. plus it has been a week dominated by major headlines, we re gonna mix it up with a new team to break them all down as the 11th hour gets underway on this friday night. good evening once again i m stephanie ruhle, the former president and his week in even deeper legal jeopardy as he clings to political power in control of the gop tonight investigation into the classified documents seized at his club in florida is heating up. intel officials tell nbc news they have reviewed they, have resumed their view of the top secret records as they tried to figure out the potential damage to national security. this comes days after appeals court judges gave the greenlight to the feds to access the evidence remember, it has not been nearly seven weeks since the fbi search and trump has yet to explain what he was to doing with the documents in the first place. his former personal lawyer suggest trump s motives may have