And amazon facing new pressures over protecting warehouse workers still on the job servicing all of us amid the outbreak apple making a muchneeded donations to epicenter of this countrys outbreak this is thursday, april 2, 2020. You are watching cnbc. Good morning. Lets get right to the markets stock futures you can see are green indicating a rise of about 341 for the dow, s p up by 35 and the nasdaq is implied up around 100 points. It would be good but for the fact that we saw some steep losses yesterday to begin the Second Quarter all three major indices down nearly 4. 5 with losses accelerating before the closing bell take a look at the bond market we are seeing some move in today as well. A hair below 6. 1 . Twoyear below 0. 234 . Turning now to oil, a huge move higher a surge. Wti up 9 . Ice brent up 9 as well. This is after President Trump said he expected saudi and russia to enter agreement soon they called for a challenging issue for the oil markets. Getting to the markets worl
Military vessel and that he doesnt think its there for the reason that were being given and he wanted to warn me entire world about this his train theres the picture plowed under a highway bypass a train thankfully it skidded to a stop just before it hit the ship now we should tell you this National Mental Health Officials are advising all of us to look out for each other at this time im going to give you a number if youre watching us in the states this is the national u. S. Help hotline if you need help or know somebody who does Mental Health heres the number to call 180180662 help 180662 help meanwhile heres another breaking story that were following for you right now this one involves 2 cruise ships off the coast of florida that are said to have as many as a 1000 or more passengers. We dont know the exact number of them that are ill but it may be somewhere between 50 and a 100 at this point that are sick on the ship and some that have died still on the ship. At least one passenger w
Covid19 virus it is monday, april 6, 2020. You are watching cnbc. Good morning welcome to the show. Im dominic chu live at cnbc headquarters dow futures pointing toward a surge at the opening bell. If all things hold true, we could see an 838point gain for the Dow Jones Industrial average, 101point gain for the s p 500 and 320point gain for the nasdaq a big surge after down moves last week. Also keeping an eye on the bond market as well we are seeing some movement there in terms of yields on benchmark u. S. Treasury bonds and notes. Twoyear, 26 basis points or 0. 26 . A tick higher there. Tenyear benchmark treasury yields a hair over 65 basis points, or 0. 65 you can see sell off of government bonds, those yields rising crude also moving at least to the downside right now wti, 26. 60 after logging its best week in history well have much more on that trade in a moment. We have Team Coverage from around the world to kick off your monday morning. Julianna tatelbaum is standing by in our l
Money . The answer will likely lie with what happens on the virus front. Its good to see everybody hope everybody had a pretty decent weekend with your families, staying safe courtn courtney, im going to go to you first. Its been a while since we have seen you i hope you and your family are well tell us how youre thinking about the markets today. Sdp first of a first of all, thanks for having me pe back. The markets are as expected. Im pleasantly surprised at the resiliency were getting some positive news as to how china is coming back were getting positive news at the potential of this to tail off as we move into the later part of the year which all of us have thought through and thought about. Assuming people continue to do as theyre told and staying quarantines and staying six to ten feet apart even, i think we will start to see things change. The fed has been incredibly responsive and hats off to whats going on as it relates to the fed and the response ifrness in markets no one wan
The banks and government begin to roll out a 350 billion loan relief package Consumer Staples just turned positive rest of sectors are negative 59 minutes left of trade coming up on the show, well speak exclusively with Jeffrey Katzenberg well ask him about the Coronavirus Impact on the entire Entertainment Industry plus, the ceo of go daddy yoins us with a look at how Small Business clients are dealing with the kris and of course with job losses but we begin with breaking news in washington. President trump meeting this hour with executives from Energy Giants like exxon and chevron at the white house. Brian sullivan joins us now with more about what we know, brian, about this meeting yeah. What we know, what we dont, thank you very much. A couple of things here, one of which is obvious, one less obvious. These oil executives, the ones weve talked to, that ive talk ed to off the record, said theyre not looking for a bailout. They dont want any kand kind of a bailout. Theyre being reque