Individuals that we deem prioritized and appropriate to be taken care of and supported on that ship. I just have to say, it is a reminder when you meet these young men, how extraordinarily are, the navy and those are working to get the uss mercy here in california. They have done a remarkable job to turn it around in a very short time. 1100 crew on that ship. We are now in the process of determining exactly which type of decompression strategies will work. What i mean by that is to decompress the rest of the system by providing support on so that we could ultimately advance our protocols and procedures to get people in more appropriate care and more appropriate settings. That is the purpose of the conversation. We just have conversations occurring quite literally behind me and we have confidence that ship will be coming to port as early as this friday. We advance the number of actions today, particularly on the issue. F in the state i did an executive order today as it relates to intak
Monday. Alls p 500, nasdaq, and dow solidly higher. Sectors tell you investors really do want in on stock s a bit of a reli a bit of a relief. That comes in what is a bear market. You were mentioning there is hope around health care treatments for the coronavirus tragedy but there is still uncertainty about the economy. We are seeing the pushpull but the bulls are winning. We look at a three chart of oil. We are going to see a sharp decline. Crude is flirting with 20 a barrel as the follow from the coronavirus is really going to eat into Global Demand. That could be a longerterm concern for stock because oil is less liquid. Tell on whatier the Global Economic picture could be. Another reason to think the rally for stocks could be a rebound. We will be watching but hoping the indexes will continue. Higher, microsoft up by 5 . They have seen a spike in cloud views on working from home. We also have apple popping higher and look at j j. Sharply higher since 2008. They have announced a lea
On friday, President Trump declared a National Emergency to deal with the coronavirus. Members of the White House Coronavirus task force and Industry Leaders joined the president for the press conference in the rose garden. Ladies and gentlemen, the president of the United States accompanied by the Vice President of the United States. Trump thank you very much, everyone. Thank you. Beautiful day in the rose garden, appreciate everybody being here. Today, i would like to provide an update to the American People on several decisive new actions we are taking in our very vigilant effort to combat and ultimately defeat the coronavirus, weve been working very hard on this. We have made tremendous progress. When you compare what we have done to other areas of the world, its pretty incredible. Thet of that had to do with early designation and the closing of the borders. As you know, europe was just designated as the hotspot right now and we closed that border it a while ago. So, that was lucky
They assembled the uss mercy. It is on its way to los angeles and will be arriving this friday. As early as this weekend, it will be available to pick up individuals that we deem prioritized and appropriate to be taken care of and supported on that ship. I just have to say, it is a reminder when you meet these young men, how extraordinarily are, the navy and those are working to get the uss mercy here in california. They have done a remarkable job to turn it around in a very short time. 1100 crew on that ship. We are now in the process of determining exactly which type of decompression strategies will work. What i mean by that is to decompress the rest of the system by providing support on so that we could ultimately advance our protocols and procedures to get people in more appropriate care and more appropriate settings. That is the purpose of the conversation. We just have conversations occurring quite literally behind me and we have confidence that ship will be coming to port as ear
Decline in infection rates as people are told to stay at home. But the virus continues to ravage economies across the world. Bloomberg economics seeing australia is heading for its deepest rest recession in 90 years. Taylor a quick reminder of how u. S. Stocks ended the day. A pretty good day on wall street. Up date on the s p 500, the fourth out of five up days we have seen as futures come online. Some of those gains just lightly continue to be extending in the session. So, starting to hear some rumors perhaps of catching a bottom with the equity markets, as you have not seen major losses. One market that is seeing major losses that we flip up the board, it is all about the equity markets, within the crude markets, i should say. Crude falling on monday, down for a Third Straight day. Today, now monday evening, trying to recover some of those losses. Up to 8 10 of 1 but Still Holding onto a 20 handle, near the lows we have seen going back since 2002. I want to see how things are shapin