Its first threeday decline since early march. I wanted to focus on that. Month since 1987 in the month of april. Abigail something that can be so tricky, we have that huge decline down, a bear market, and then a rebound rally. Many thinking it is a bear market reflex rally. Not just these three down days, the worst since march 24. In the rally we have had recently, we are in the worst stretch, the longest stretch. When these turns happen, it is subtle. On top of these three down days is the fact we are headed to the thirddown week in a row. Last week and the week before, two down weeks. Inflection points and what can be a volatile sideways range is what we are setting up for this year given the uncertainty out there. Right now, there are some signals that we may be heading back down toward this years low. David thank you to Abigail Doolittle. For that report on markets do little for that report on markets. Abigail doolittle for that report on markets. We welcome libby control, head of
Back to stores, restaurants and movie theaters while millions more remain under stayathome orders. Today i was prepared to announce further reopenings. That was the plan. Chris of one state backs off its plan to reopen after a spike in new cases. We will talk with the governor of mississippi, tate reeves. And new jersey governor phil murphy, whose state has the second highest death toll in the nation. Then, joe biden breaks his silence on Sexual Assault allegations. We will ask our sunday panel whether his denial puts the issue to rest. And our power player of the week from a teachers finding ways to connect with students from a distance. Fox news sunday. And hello again from fox news in washington. Two months into the coronavirus pandemic, some 30 states are now easing their locked on measures, even as cases here pass the 1. 1 million mark and Health Experts warn of a second wave, but there is a new medical breakthrough, the first drug that appears to help patients recover faster, now
Above 24,000 keeping an eye on whats happening with this. The dow has been up. The First Time Since february. If the dow is up again for the fifth session, the first time that has happened since the middle of january. Crude oil has been a big concern. That is down 11. 5 to 11. 85 you are looking at energy being the best performing for april even despite these big swings we have other energy news back with bp out the energy giant reported a 67 slide. Ceo Bernard Looney that the company had a good quarter tough environment here to date it has just been historic and went negative for a while. Back to 12. Crazy. Which is relative how many acres do you have there. You could store oil. Could you put a tank in the ground or just fill the pool we could probably do both we could do a whole oil field here no one Takes Delivery you would think given the challenges that uber is having, they would be doing oil delivery the other thing i told you to buy with all that land is live cattle instead, we
Need both democrats and republicans to come together to get this legislation the legislation completed and it looks like its on its way but we need both and it should be for people that are working for the workers and if you look and you see we have a lot of people that are affected by that and its a very positive development so we have to get a bipartisan approval of that and hopefully that will happen today the department of education is also announcing the availability of more than 6000000000 dollars in emergency Grant Funding to assist College Students impacted by the cancellation of classes and the suspension of housing. A lot of people had. A lot of things suspended housing is one of them previously we waive student loan payments for 6 months of student loan payments have been waived for 6 months and will discuss it after that may go further although this medical war separated our citizens for a period of time its also united our entire nation i think i can say like almost never
Like a ton of bricks and there are a lot of good things in here. Theres money for Healthcare Providers, hospitals, nurses and doctors. There are so many good things the country is under siege, and i was one of the first republicans, mr. President , to join my democratical colleagues, think of doctor senator durbin. We need to do something more of Unemployment Insurance. Income almost doubled in certain circumstances and i want to help people and i want to make sure if you lose your job. That we cover your wages, but under this bill, you get 23. 15 an hour baseded on a 40hour work week, know the to work. And if youre trying to hire somebody in South Carolina the next four months, youve got to compete with that wage. If youre working in a restaurant or probably not now, but if youre working anywhere from 15 an hour, somebodys making 23 an hour and youre working. Its just not fair. Its going to hurt the rubiocollins construct, restaurants that are out of business. We want them to be able