Which will hit in b about an hours time. The s p up by just three basis points coming up on todays show, former National Economic council dr director, gary kohn, will join us about reopening the the economy. The debate over funding for states and the Small Business ppp funding. Plus, a flood of big name earnings set to hit this afternoon including as you mentioned, alphabet. Starbucks, ford, am well also speak with the ceo after his Company Reports earnings, what consumers are doing and how much theyre snacking around the world. Lets focus on one hour of trade. Mike is tracking the Market Action in whats shaped up for a volatile day meg has Quarterly Results from big pharma names mike, start us off with the brorder market of what you seeing some pretty strong opposing currents holding the index in a steady mode. Look at the s p 500. This goes back a couple o years because i want to point out the areas that were encountering with this rally. Here we are around 2880. That takes us back t
World Health Organization warns the worst of the krona virus pandemic is still ahead will global infections down at more than 2500000. 00 with the death toll more than 175000. 00 w h o spokeswoman for delicate said all of a little evidence suggests the virus has an animal origin and is not a manipulated or constructed virus in the lab or somewhere else this comes after President Trumps recent comments on determining whether the virus originated from a lab in one china well meanwhile singapore announced its plan to extend the walk down by another 4 weeks the move comes after a sharp surge in coronavirus cases in just the latest days. We will implement these type of measures until the force of me. But we will not be able to completely lift the restrictions off of that and go back to business as usual. We will therefore extend this. For 4 more weeks beyond that for me in other words until the 1st of june. Then provided we have brought the community numbers down we can make further just an
I also have a great guest for you, michael kolanovic, j. P. Morgan, he thinks the bottom is in and hell be here to explain why and well talk about what hes seeing and why hes studying coronavirus trends around the world to try to understand the stock market, netflix made a new high. Bed, bath and beyond, that stock is up a little bit after hours and its down about 80 over the past year. We got a triple whammy we have to start with the market bad data on retail and oil falling to 20year lows and the banks continue to drop on their earnings concern guy adami, of those three because i would argue and i didnt think data mattered at all, of those three which one matters the most to you . I think the fact that oil cant get out of its own way out of those three the way that banks have traded, we can talk about that, but the way the data we knew would be miserable and maybe its worse than a lot of people thought and the bloviating and the noise, it cant get out of its own way and the rally las
World Health Organization warns the worst of the krona virus pandemic is still ahead global infections down at more than 2500000 with the death toll more than 175000 w h o h o spokeswoman for delicate said all Available Evidence suggests the virus has an animal origin and is not a manipulated or constructed virus in the lab or somewhere else this comes after President Trumps recent comments on determining whether the virus originated from a lab in one china well meanwhile singapore announced its plan to extend the walk down by another 4 weeks the move comes after a sharp surge in corona virus cases in just the latest days. We will implement these type of measures on to the floor for me. But we will not be able to completely lift the restrictions after that and go back to business as usual. We will therefore extend this Circuit Breaker for 4 more weeks beyond that for me in other words until the 1st of june. Then provided we have brought the community numbers down we can make further ju
World Health Organization warns the worst of the krona virus pandemic is still ahead will global infections down at more than 2500000. 00 with the death toll more than 175000. 00 w h o spokeswoman for delicate said all Available Evidence suggests the virus has an animal origin and is not a manipulated or constructed virus in the lab or somewhere else this comes after President Trumps recent comments on determining whether the virus originated from a lab in one china well meanwhile singapore announced its plan to extend the walk down by another 4 weeks the move comes after a sharp surge in coronavirus cases in just the latest days. We will implement these type of measures until the full force me. Be able to completely lift the restrictions off of that and go back to business as usual. For extended. 4 weeks beyond me in other words until the 1st of june. Then provided we have brought the community numbers down we can make for the adjustment and consider easing some measures well meanwhil