Unemployment lines jammed. 1 00 a. M. , 3 00 a. M. , 5 00 a. M. , no getting through. In texas, the disturbing images thousands of cars waiting at Just One Food Bank will the economy bounce back our exclusive, live interview with the ceo of one of the nations largest employers, walmart, just ahead. Mass without masses . The struggle to celebrate easter from afar this weekend churches racing to set up live streams even drivethrough blessings, but some staying open. The state of florida is not going to through government coercion close a synagogue or place of worship. How americans are still finding faith in times of trouble. All that, plus, light it blue iconic landmarks from coast to coast lit up overnight a dramatic display of gratitude to workers on the front lines today, friday, april 10, 2020. Announcer from nbc news, welcome to today. Its so this is today with Savannah Guthrie and hoda kotb from studio 1a in rockefeller plaza. And hi, everybody. Good morning welcome to today. Its
For unable to let them talk, but this is repeating it, what is happening here. Thank you. This is ktvu fox 2 news at six. As the weekend arrives, a renewed emphasis on stayat home orders, the new restrictions and closures at parks and recreation areas to make sure people are maintaining social distance. If you are not performing an essential task to keep our city running right now, then you only have one job. Stay home, and keep yourself safe. Strong words from the San Francisco director of public health. Good evening. It comes as washington hits a historic rescue bill to help give americans money needed. This afternoon President Trump signed the two trilliondollar Coronavirus Relief bill, it is the largest stimulus bill in american history. It gives Many Americans 1200 and increases on Employment Benefits by 600 a week. It also provides Small Businesses with loans to pay employees, rent, and to pay for other expenses as well. The 2. 2 trillion goes to 6. 2 trillion, depending on needs
Then Investment Committee is ready to go. Halftime report starts right now. Good to have you with us. Our Investment Committee is here with us today. Want to get right to the markets where stocks have hit an air pocket within the last 30 minutes. About 100 points on whi s off ow on the dow and the ten year yield lowest since early february a spike in gold. And by the way, has everybody searches for answers as to what is going on, karl says that iphone sales in china may fall by 40 to 50 in february and march compared with the same period last year so we have to keep our eye on all of that. Goldman sachs wonders whether were all underestimating the impact of coronavirus on earnings and the market at large. Very possible we could be and i think that it is important to remind everyone that it is a lot of fun when you have five or six stocks that are so gigantic that rallies in those names take the entire index with it but when people get concerned about for example an apple and take the n
S p shed 8. 3 . Although we were down a lot more earlier in the session you say i got to say its about darn time hallelujah things have gotten too easy. How do i know . Because the uber driver was make together much on tesla because the shoe shine men have finally picked a winner, and that winner was amd. Because these moves have gotten way to too crazy, and they had to stop. In end, even the saint Virgin Galactic, it was felled. Yep, they even got to space, symbol spce. Or spice, as i like to call it look, all selloffs are not created equal. Some are a lot worse than others this is not a slash and burn selloff its more like the kind of pruning you do to trees that are too new the power lines. Sure it looks ghastly chen theyre done with the wood chipper, but it beats the alternative which is a california style wildfire. I like the market because when trees grow back, hopefully they grow back stronger, slower, steadier still was an odd day for the market to take a dive. There was a lot
Short bet. Traders take their positions fast money Halftime Report starts right now all right welcome. Big show today our Investment Committee is here joe, stephanie, josh brown lets begin with the markets those comments from paul jones, what he told cnbc in daf as about what he calls the explosion driving markets. We are just again in the crazies craziest monetary mix in history. Its explosive it defies imagination. And i dont think anything is changed. It reminds me a lot of early 99. So early 99 we had 1. 6 pce 2. 3 cpi we had ex act same metrics today. Thats out in davos josh brown, turn to you. Answer the question. Time to worry or party like its 99 i think most investors are doing a little bit of both the data does not show that any segment of investors, whether talking about institutions, hedge funds, retail, Family Office foundation, there is nobody out there right now acting in word or indeed as though its 1999 you just dont see that form of euphoria out there in the market do