A round table discussion with industry executives so thats happening or about to happen at the white house, well bring you any comments that come from the white house this hour. The major averages are up for the second week in a row. You see the numbers the dow up well over 3 almost 4 in what was a holiday shortened week, the month the dow and the s p 500 up more than 4 a piece and look at the nasdac up nearly 7 , 6. 75 all up for the second month in a row so thats how we close out the month of may at least for trading. Lots of talk about today fox Business Team coverage we have blake burman at the white house, Jackie Deangelis at our news room in new york, Edward Lawrence reporting from washington, blake . We start with you on the north lawn. Reporter hi there, connell and melissa. President trump announcing at the white house several measures against china on the one hand, for chinas handling of covid19 , on the other hand, as well, for chinas crackdown on hong kong; however, as the
Instructed the u. S. Navy to shoot down and destroy iranian gun boats if they harass or ships at sea obviously thats a policy, thats going to make it so that anyone who is short oil theres so many people short oil, might say its worth covering here. I had a big win. Its geopolitical, the fact theres a failed instrument out there called the uso, i say its failed because its not been able to handle the selling yeah. Executing a 1 for 8 reverse. Are they really we talked about the usa more th than we ever have. Some things should have never been created, the uso was blessed when the s. E. C. Not around, people lose money, but theres no constituency that says you cant lose money. What do you make of the general notion that the president s tweet aside that some of the results last night were better than feared. You have a list of companies now that have been able to either sell a stake privately or through secondaries and well get to that in a moment. Plus the Senate Package making progress
Keeping an eye on the treasury market, the 10year right about 0. 638 for that yield. Right now time for the squawk planner. The American Economy has lost about 8. 8 million jobs in the last three weeks economists are expecting the loss of an additional 5 million. Well get Housing Starts data with a decline of 15 for the month of march we have a big lineup of guests starting at 6 30 eastern with black rocks larry fink. We also have ken fine berg, dr. Emanuel, barry diller and House Majority leader mccarthy coming up and cases to top 2 million u. S. Cases top 640,000 new york cases over 21,000 new york governor now squarequi people to wear a Face Covering when out in public that takes Effect Tomorrow becky. Joe, everybody in engel wood cliffs right now is wearing a mask everyone who is not on air it is something they are take very, very seriously too im thinking about exactly what it means when we are all trying to get back and when we are in the nasdaq. I think in the entire place, it i
Decades, ive been an investor. The highest calling of mankind, ive often thought, was private equity. [laughter] and then i started interviewing. I watched your interviews, so i know how to do some interviewing. [laughter] ive learned from doing my interviews how leaders make it to the top. I asked him how much he wanted. He said 250,000. I said fine. I did not negotiate with him and i did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate now being only the second wealthiest man in the world, is that right . [laughter] for the past several decades, Andrew Liveris has been one of the most important figures in american business. For the last 14 years, he served as the ceo of manufacturing and now chairman of lucent motors. He also serves as an advisor to the saudi wealth fund. I sat down with him recently to discuss his accomplishments and future ambitions. Ive interviewed many Business People on the show, but very
Over much of the past three decades, i have been an investor. The highest calling of mankind, i have often thought, is private equity. [laughter] and then, i started interviewing. I watched your interviews so i know how to do some interviews. [laughter] david i learned from doing my interviews how leaders make it to the top. I asked him how much he wanted. He said, 250. I said, fine. I didnt negotiate with him and did no due diligence. David i have something i want to sell. [laughter] and how they stay there. You dont feel inadequate now being only the second wealthiest man in the world, is that right . [laughter] david for the past several decades, they have been whether most important figures in American Business for 14 years he served as a ceo of dow, going from a manufacturing coming to one led by science and he is now chairman of lucent motors. I sat down with him to discuss his account was mens and future ambitions. I have interviewed many Business People on this show, very rarel