On right now citizens around the world are dealing with shock and not only because were forced sex walled 6 feet apart which is. Difficult and messy and really not very romantic especially when youre each on different balconies with a 30 foot drop between you and the other people on the other balconies to watch its rough its terrible but were also shocked because people are losing their jobs their security their futures the Federal Reserve now estimates coronavirus job losses could total 47000000. 00 and the Unemployment Rate may hit 32 percent these shocks are being exploited by the ruling elite the largest way that theyve used it so far is to pass their 2 trillion dollar giveaway to Corporate America with little to no oversight practically no discussion is even going on about it i mean why we get why should. Why should we stop to think about the largest gap ever seen in American History now and not Important Congress has to run home to take care of their mistresses nieces blind adopt
On the consumer. We will dig into the fallout there as power lunch starts right now. Tyler, thanks. Welcome to power lunch, everyone stocks are selling off hard for the second day in a row. We are near session lows right now with the dow down about 600 points thats a 2. 4 drop for the dow for the s p the nasdaq down 2 today but if you add up yesterday and today, all three of these averages are down about 5 in just those two sessions. Take a look at some of the moves weighing on the dow. You have boeing, United Health, visa down 4 we were just discussing United Health a lot of different challenges there. Lets go to the New York Stock Exchange with a run down on todays selloff. Hi, bob. Kelly, an old saying on bleet if you cant trade on the fundamentals, trade on the technicals s p 500 the last two days this was yesterdays low, midmorning, another drop volume picked up, trading on technicals this happened a little while ago and the cdc announcementadded to new lows for the day. New lows
For viewers good morning and hey welcome im shale cheryl. Good morning everybody im lauren simonetti. Welcome back after the long weekend. Let take a look at how your money is moving this morning weve got well got the red arrows to show you right now dow is down 164 in preb market s p 16 and three quarters for the down siled. Nasdaq down 86. Apple premajority loss has shares the iphone maker to shave 85ed a opening bell apple big story this morning. Lets take a look at stocks and asia mostly lower but check out shanghai composite up fractionally see applicationses for tariff exemptions from companies for u. S. Imports. Breaking overnight out of europe especially london bc says to cut 35,000 jobs 100 billion in assets in next three careers. Theyre scaling back operations here in the United States especially and also in europe. Youve got red across the board in europe. Lets talk corona virus because more than a dozen americans evacuated all for quarantine cruise ship in japan theyre gett
Staying put on the ship, war of words, President Trump and former president obama sparring over who deserves credit for americas economy, after terrifying crash at daytona 500, we have all the latest on condition right now, mornings with maria is live right now. Maria director in wuhan, china, dead, contracted the highly contagious illness, 51yearold neurosurgeon died today. Death coming as more than a dozen patients tested positive for coronavirus or have a good chance of getting it have been sent to university of Nebraska Medical Center for treatment, we will get you the latest on that status, these are people who have been trapped on a cruise ship, docked in japan for 2 weeks, the state of art facility is no stranger to Infectious Diseases with patients suffering from ebola, sars, monkey pox, tuberculosis all being there. The death toll nearly 1800 people dead, more than 72,000 cases reported worldwide so far, devastating flood waters swamping mississippi this week they could receiv
Sal castaneda enjoying another day off. Good to have allie rasmus. Busy for people on the east side for sure. Delayed the daytona 500 from sunday to last night. Newman was involved in a fiery crash at the finish of the race. Oh, my gosh. Oh, my gosh. This is video recorded by obviously a spectator in the stands in florida capturing the moment of the crash taken from a spot where newmans car skidded right past the finish line. It was in this final lap coming out of the final turn, 200 miles an hour they are going here, when ryan blaney nudged bumpers with newman, caught fire as it slid across the finish line. Nascar says newman was listed in serious condition at last nonlife threatening injuries which is great news tound up wi that race for the second straight year. Images of newmans terrible crash brought back memories to a lot of nascar fans of Dale Earnhardts crash. He was killed in the final lap. Following the crash nascar made several changes to improve safety for drivers and since