Is now allowing people to leave one hand celebrates the end of lockdown with a light show as china records no new daily deaths from the virus. Im told me all laddie will welcome new york is still reporting sharply rising casualties from the coronavirus the death toll has now climbed above 4000 many more than died in the 911 attacks the state reported its biggest one day jump in fatalities on chews day hospitals remain overstretched but Governor Andrew Cuomo insists the number of deaths is leveling off he says this shows social distancing is working. Meanwhile President Donald Trump has threatened to freeze funding to the World Health Organization. At his Daily White House briefing trump criticized the w. H. O. His handling of the crisis saying the u. N. Body was china centric they called it wrong they called it wrong they really they missed a call they could have called it months earlier they would have known. And they should have known and they probably did so well be looking into tha
There it is with the gains now approaching for netflix 5 lets get to bob for more on this big market rally. Bob. Its hard to believe but we have retraced 50 of the losses in the s p 500 from those numbers about towards the end of february towards the end of march 23rd that was the lows. We traced 50 of those lows. The biggest ones out there microsoft, apple, amazon, google, facebook this is more than 20 of the s p, these five. Apple shipped 2. 5 million phones into china last month. That was much higher amazon is sitting at a historic high when these five stocks move like this, everything will move everybody is looking for good news today roku suspended their guidance. Thats not good news they also had good number on their earnings and highlighted new account growth the stock is trading up. Thats a path people are looking at suspending guidance reserve building moves could be meaningfully higher in aggregate over the road we took. I think thats a welcome bit of reality about what the f
Eamon javers is inside the meeting. Meg, what can we expect outside of this meeting . We did see the executives head in just a few moments ago as well as research chiefs theyre expected to discuss the status of development of both vaccine and drugs for the novel coronavirus. Gilead and regeneron have medicines in development, while the others are working on vaccines, as moderna las already delivered a batch for testling Stephanie Duke is catching up with stan erk, asking what he hoping to get from this meeting. Im hoping to get a commitment from the government theyll help us expedite the process. The case numbers are continuing to rice here, with seattle and king county just announcing an additional four deaths, bringing the total in this country to six. Guys what are you expecting, meg, in terms of the numbers of those that are diagnosed, given the fact that the cdc apparently is starting to provide more contests or is it in addition, we are starting to see local Public Health labs, a
With the f1 student visa program. We took what we found to top officials in washington dc, who tell us these abuses of the visa program could put our National Security at risk. Male here he comes. Stephen john fong yongs morning looks like thousands of other peoples in the south bay, leaving his ranch style home in Mountain View, hopping in the family minivan, and driving to his tech job at google. John fong yong it will tell you which direction hes heading towards. Stephen we spent weeks watching yong drive from what property records show is his home to his work at google. Male it looks like hes going to work. Stephen we focused on yong because state Corporation Records list his home address also as the headquarters of a tech Company Called cloudparticle. And us Homeland Security records show cloudparticle employed more than 300 foreign students with f1 visas in 2017. The f1 visas optional practical training and stem programs allow students to work in the us for up to three years in a
A strong china growth, and watching the three major indices billionaire head managers say theyre still buys equities, joining us for the first full hour of the show slight gains, but anything is good enough. Lets focus in on the big stories. Seema is watching the market record highs Steve Liesman is diving into gdp. Combing through the numbers, a number of sectors are climbing to new highs the ren sawn etf and russell welcome back, every year the 2000 is less than 2 away. Forgotten 40 is put out. Widely seen as a market breadth some of the standouts on this list, discovery, Madison Square, this together comprise 13 of the s p 500. And more good to see you, jonathan. Also i want to draw your attention to shares of railroad thank you for joining us. Thanks for having me. Operator csx, a very choppy day lets kick off with discovery. Why is that such a standout following mixed earnings, which name the company blamed on a its clearly an outoffavor softening industrial economy that stock is