Lowest it went was minus 37. 00 above the ground essentially not pump it as part of the nations Strategic Reserves but we have to look at the background in all of this peter and that is that you remember in the 1970s that there were 2 sort of shocks to the system there was policy put in place when those crisis as occurred had what continue to be negative headlines kimberly many things i see as the doug jones index lost nearly 2 percent just after it began trading a little over 30 minutes ago live to wall street and my colleague Gabriel Elizondo sergei but i think the cause or a contributing factor in the death there is also a lag between the ins figures coming out and the actual death sent out in the community higher than the official statistics that the government is giving so there are concerns about exactly how the government can can can get a grip on the on the corona Virus Outbreak if it doesnt operate on really accurate and up to date statistics. Well stricter measures have been
Its a cul distancing. But if we pull back too quickly. Those numbers will go through the roof. Now at 9 protests around the state calling on Governor Newsome to reopen california for business similar to what a number of other states in the nation are beginning to do good evening, everybody im pam moore and im ken wayne Governor Newsom says he plans to release a road map tomorrow on how to reopen this tape of some bay area businesses are making plans now on how they can reopen while still keeping social distance. Governor says he is using 6 factors to determine exactly how soon the state can ease its restrictions they are expanding the testing protecting higherrisk groups, including Senior Citizens and people in facilities such as Nursing Homes ensuring that hospitals have enough beds and supplies to care for patients. Progress in developing treatments. The ability of schools and businesses to support physical social distancing and the ability to decide when to reinstitute stay at home
Their losses. The shenzhen composite fell more than 2 . Earlier this month, china plus government took unprecedented steps to bolster its stock. In greece, the latest talks on a bailout have begun this morning with the disagreement. Prime minister Alexis Tsipras says lawmakers have approved austerity measures, the creditors disagree. They say more reforms are necessary before greece can get any of the 95 billion worth of aid. Donald trump is worth 2. 9 billion. The celebrity president ial candidate has said he is worth more than 10 billion. The bloomberg billionaires index shows that the majority of his fortune comes from real estate holdings. Bp has reported his slowest quarterly profit in at least 10 years. The British Energy company has been hurt by the end of the boom in trading. The conflict in libya forced bp to write down almost as hundred billion dollars. Brent oil is 20 below its peak in may. The newest book from dr. Seuss has hit stores today. What cap should i get . Is the f
Data and they have a different much smaller number. Stephanie say it aint so, mr. Trump. Time to give you the top stories 32 big drugmakers reported earnings. Pfizer posted secondquarter revenue and profit that beat analyst estimates. Sales of its new cancer drug rose. Meanwhile, mercks secondquarter profit fell. Merck also raised its profit forecast for the year. The profits surge in the second quarter. At ford. Earning has rose 44 beating estimates. The reason, the demands for the numa aluminum bodied f150 pickup. Discounts on the truck after sales fell last month. The sales account for 90 of 40s profit. Ford said it will be september before the fully stocked. Matt i like the idea and i will get you one third you deserve one. President obama is wrapping up his five day trip to africa. Today in ethiopia, he warned African Leaders that the continents economic progress rests on a fragile foundation. He said something must be done to provide opportunities for young africans. President ob
Streak since january but are rising on better than forecasted earnings and we have lots of earnings to go through. Andre talking about china how it stabilized one chinese plunged after lower sales, trading almost 20 lower from yesterdays close. Its the biggest loss since 2009 for the company. Moving onto oil and gold we have seen a commodities route. Oil prices are rebounding and oil is trading near a fourmonth low. Down 19 still trading near the bear market of 20 territory from its may peak. Pimm lets take it check of the treasury market. There is little bit of selng on bonds. The 10 year is 2. 25 . This is over the past week and we can see a decline in the yield meaning the prices were a bit up. The intraday is moving a little bit higher with selling in the 10 year coming as the Federal Reserve began to two day meeting to consider raising Interest Rates. Lets take a look at the dollar and major currencies the euro is losing ground against the dollar. Poundn is stable and the sterling