And were really helping the governors a lot and the governors call me the ones i know or the republicans but the ones i know and they say its incredible the job youre doing again that me the job this group is doing. And you sit here and i just im watching from. From the corner and im just saying boy its incredible stuff when you watch the general give a general seminar and talk about a boom boom boom you dont see that you dont see that when you hear the ad most speak about the testing how good it is and yet people dont like to say it but remember it was all about ventilators a month ago ventilators vessel and then we fixed it you dont hear about dental where is the ventilator jeff you havent asked about ventilators recently whats going on what about ventilation were helping other countries now because they cant have their very hard to come by and they take a long time to make like yours its incredible the job theyve done that our people have done and also private companies have done yo
Antibody tests. Good morning, good evening at everyone. I hope you are safe at home. Our thoughts are with you, and together we are stronger. Yesterday, or two days ago, we had that huge swing, that huge impact that we saw with negative prices on wti. It is now filtering through the brent. We are nowhere near negatives, but if you look at the price action, it has been pretty brutal over the last 24 hours. Selling pressures definitely intensifying. Wti downok at brent, more than 4 . Lets get to bloomberg first word news in new york city with viviana hurtado. Viviana hi, francine. Here in the u. S. , finding a new pandemic relief package totaling 40 484 billion, including some for the paycheck protection program, to help Small Businesses keep workers on the payroll. The money will also go towa rd coronavirus testing. Donald trump says he will suspend illegal immigration to the u. S. For at least two months to help americans out of work because of coronavirus crisis. The president says it
Expected to have a real estate boom he says yes and has the numbers to prove it. You are watching Worldwide Exchange here on cnbc good morning welcome from wherever in the world you may be watching. I am brian sullivan. We are keeping our physical distance but hope you are doing well despite 25 plus Million People out of work and the steepest drop in retail sales in 30 years, the stock market looks forward and likes a bit of what it sees. Futures are higher once again. The dow surged closing above the 24,000 mark for the First Time Since april 17th capping a foursession win streak. The dow industrial average is up 10 this month ahead of the open trying to break a threemonth losing streak. A very different story on oil. Crude oil is lower right now nearing an important level a couple of things wonky going on bare with me i know it is early you have to watch the oil level. We could see selling pressure accelerate because the chicago amerimercane exchange recently changed on that contract
Over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and whats your reaction to now this
Erasing much of the job gains over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets back to where it was, and wh