Have been a major swing. Check out what Lloyd Blankfein tweeted. Hospitals are not overwhelmed. Most will be exposed anyway since we cant sequester until there is a vax is a Public Health benefit from broad lockdowns worth such extreme damage to livelihoods and what is more important, the potential human lives lost which are, of course, very important or the toll on the economy and possibly irreparable damage to the economy. Tim seymour . Well, look, now, if you think about where lloyd was on april 24th, i follow him on twitter, by the way i doesnt tweet that often and when he does, hes got something to say and a month ago he was saying im not so sure its wise for states to be opening but thats why we have a federal system where states can do what they do and was somewhat critical of georgia. Here he is coming in and talking about a more populous line theres politics attached to this i think theres economics attached and fascinating its whats happening and do think Lloyd Blankfein jump
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward to on this friday. Tgif i know all the days roll togethe
Retoreopen to large crowds and many wondering if theyll be able to send their kids to summer camp in the next few weeks. Early today starts right now thanks for being with us. Im phillip mena there is hope on the horizon for a vaccine. There are more than 91,000 people that have lost their lives to this virus in the United States and over 1. 5 million infections have been confirmed. Orr gone statewide social distancing restrictions are in jeopardy of being thrown out the governors executive orders are null and void. The justices review the ruling casinos are up and running with restrictions. Players are having their temperatures c tv. Tennessee governo it could bee before fans are invited back to the stadiums and fans are invited to a pro bull riders competition july 109. Theyll provide masks and seat will be spaced at least four feet apart drug manufacture says the immune response. Its been tested on 45 people who tested eventually it will be tested on thousands. Now to a bomb shell d
Morgan stanleys lead biotech analyst is here on this thursday, may 21 you are watching here on cnbc. Good morning, good afternoon, good evening and welcome where you may be watching thank you for starting your thursday with us here is how the Global Markets are getting through their week the dow indicated down over 100 points i wouldnt buy too much into it. It has been a very volatile week we were up big plus 900 points on monday. Up fairly big, up solidly yesterday as well. Could be a topsy turvy week. The dow is up nearly 4 just this week. The s p 500 is at the highest level since march 6. Some big news in the bond market the option of 20year bonds that raised 50 billion why is that news we have not sold as a nation 20year bonds since back in 1986 also a bunch of single stock stories we need to Pay Attention to on thursday taketwo interactive a little lower this morning. Everyone apparently staying home playing video games. Just off the alltime high stock two, expedia, a little highe
Wear a mask. One Alabama High School is not cancelling its Graduation Ceremony going full cap and gown with social distancing and fish tails in maryland where they take their six feet of safety to a whole new level good thursday morning im Frances Rivera im david gura. In Central Michigan hundreds of homes and businesses are under water after torrents of rain overtook two dams triggering catastrophic flooding now theyre trying to figure out how to evacuate while remaining safe amid the pandemic reporter david, good morning. The flooding broke a 34year record and on a normal day this would be an open park but am standing in several feet of water. Its been so destructive that the geography of the area could be permanently reshaped. The water came fast and furious, a pair ef zof dams failing send water gushing into homes and businesses massive amount of debris there. Reporter reducing much of this dam to rubble i never thought my life that dam would break. Reporter the flooding catastroph