At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth
A virtual discussion. Florida senator marco rubio on americas response to the coronavirus. The cold war ends, and obviously these countries are no longer developed and so forth. Imagine, beginning in about the mid to late 1980s, china decides and will want to come out and build its own capacity. China has used the last hundred and 50 years and that is a rightful role in the world to be a great power. The u. S. Makes a similar deal, and that is that we are going to help you work your way out of poverty and build your industrial capability because we think once you do, we set this to ourselves, once we do, this once they get rich and powerful, they are going to be described for global rules, trade and power. They will probably not be communists anymore, they will walk away for that and they will become like us. As it turned out, with the chinese have figured out is they have certainly availed themselves of the benefits of these policies through a combination of protectionism and anti cap
European central bank announced a 750000000000. 00 euro package to mitigate the Economic Impact of the coronavirus meanwhile oil rebounded more than 20 percent after reaching the lowest level in 18 years this was the best day on record for oil there of course huge year to date losses still here there is so much to get the lets bring in who must cohost christiane who joins us from Los Angeles Christy what is happening in markets today. Well brant the 1st sentiment every morning still seems to be to sell everything although this morning was the 1st time in a week that there was no overnight limit up or down trying to hold in the s. And p. Futures perhaps it is the case that systematic funds now have little left to sell nearly 2600 of the 3100 n. Y. S. E. Names are currently on the short sell restricted list and were now approaching quad witching friday tomorrow which has historically resulted in increased volatility so the question is what did that people sell into well at the center of
Quarantines and social. Now becoming the norm streaming sites like netflix have seen their viewership skyrocket but could this traffic pose a problem amid efforts to combat cope with 19 we have a jam packed show today so lets go and dive right in. And markets throughout the west have bounced back lightly after taking a drubbing this week in the u. S. President donald trump is continuing to say hes working to stabilize the economy but working with congress to provide major additional relief to the workers Small Businesses and the hardest hit industries we want to make sure that everybody is able to continue on so that when we recover all of these companies and these. Great business is very very small and very very large its not going to be broken up and you have to put it back together that would take a long time and in europe most indices closed up around 3 percent after the europeans. Announced a 750000000000 euro package to mitigate the Economic Impact of the coronavirus meanwhile oi
Held him until or is responding to the outbreak. The subcommittee hearing is one hour and a half. Tom todd inaudible Surgeon General of the United States air force mr. Cavity assistance secretary of defense world ealth Affairs Lieutenant ronald shea pace, director of the fence Health Agency and mr. Systems. Bill inaudible program executiveve health care and management systems. Ted today we have serious quests on how medical reforms have accounted for on the president s budget for fiscal 2021. Ng as b you will notice we will hae numbers coming inn and out. We are getting briefings on o covetedn bu 19 as we speak and other meetings going meon. And your full testimonies we will get started across thebudgt spectrum of military Health Care System for military readiness to benefit care, and manydeci cases budget justifican slacks that detail. For the subcommittee to make informed decisions. We hope the Witnesses Today can address the subcommittees questions and concerns at a particular inter