Improving but another environmental problem is piling up that is medical waste. And sport further talks are taking place to discuss English Premier League footballers taking a pay cut a deal is being negotiated that will see players salaries reduced by 30 percent. So the u. K. Government is holding its Daily Briefing on the current virus lets take you live now to downing street in central london. With covered 19 symptoms but the action of hospital admissions in england and wales has regional differences in the number of admissions folks like between the 1st and 2nd of april admissions a study in wales but in yorkshire and the northeast by 30 percent. And in the middle and the rate of hospital admissions has gone up by 47 percent 708 people have sadly lost their lives as a result of cover 19 the highest daily total yet recorded and that means that of those hospitalized in the u. K. The number who passed away now totals 4330 those numbers emphasize again the importance of maintaining soc
Indication of yesterdays rally. Dow futures up 121 points. Thats half 1 , s p futures up 13 and nasdaq up 24. Dow on track for worst quarter since 1987, s p 500 having worst quarter since 2008. Speaker nancy pelosi looking for a phase 4 coronavirus package calling for Infrastructure Spending now and more money sent directly to americans. Major retailers furloughing staff as Stores Remain closed, macys, stores, the gap, cutting payroll impacts hundreds of workers. Unemployment rate could top 32 . Mornings with maria live right now. We want to check Global Market this is morning. Last day of the First Quarter in europe, green across the board. Dax index in germany higher by 200 points. World Health Organization says there are signs the coronavirus may be approaching a peak in europe. In asia meanwhile markets were mixed, take a look at the numbers on asian markets, best performer there korea up better than 2 although japan was down 1 . China says factory activity is growing, purchasing M
Covid19 virus it is monday, april 6, 2020. You are watching cnbc. Good morning welcome to the show. Im dominic chu live at cnbc headquarters dow futures pointing toward a surge at the opening bell. If all things hold true, we could see an 838point gain for the Dow Jones Industrial average, 101point gain for the s p 500 and 320point gain for the nasdaq a big surge after down moves last week. Also keeping an eye on the bond market as well we are seeing some movement there in terms of yields on benchmark u. S. Treasury bonds and notes. Twoyear, 26 basis points or 0. 26 . A tick higher there. Tenyear benchmark treasury yields a hair over 65 basis points, or 0. 65 you can see sell off of government bonds, those yields rising crude also moving at least to the downside right now wti, 26. 60 after logging its best week in history well have much more on that trade in a moment. We have Team Coverage from around the world to kick off your monday morning. Julianna tatelbaum is standing by in our l
This virus feeling the Impact Retail giants, macys, gap and kohls announce mass layoffs for tens of thousands of workers while the Federal Reserve issues a dire influence warning, the outbreak could leave nearly 50 million americans out of work. All that plus, to the rescue. Were going to need new people to come in and take care of patients. I can do that, and i will. The brave volunteers leaving home and heading to the white hot center of the u. S. Outbreak to join the fight on the front lines. I just want a make a difference. How they are answering the call to action today tuesday, march 31st, 2020 announcer from nbc news, this is a special edition of today the coronavirus pandemic with Savannah Guthrie and hoda kotb live from studio 1a in rockefeller plaza. Studio 1a. This is studio 1a i havent been here in a while. I was going to say, so many things are not normal. And in this moment right now, as im looking at you, something final is its good to see your face, savannah. It feels g
Now, coming off highs of the session. Heres probably why. We have a delegate from opec saying that the outlying deal is just for about 10 Million Barrels of oil a day output cut. About a halfhour ago, we got reports that it could potentially be 20 Million Barrels of oil a day. 10 was the bare minimum that the market was actually expecting. The opec meeting is getting underway now virtually, so we are waiting for more details. Who cuts, how much, when . There were reports you could see 4 Million Barrels from saudi, 2 million from russia. If you get to the total output of 10 million, ok. You could get some kind of floor may. In other areas of the market, the s p on pace for its best week since 1974. We can thank the fed for that. However, take a look at what is winning, utilities and real estate. The dollar is rolling over as the fed throws a second kitchen sink at the market, as well as the economy. Some more get reaction to what the fed is doing. We are stepping further into the credit