Reopen and companies to bring 50 of their workforce back to the office. He was asked about testing and the strategy for Contact Tracing to help combat the coronavirus. A quick update, 10,868 confirmed cases. We have 506 deaths. Deathdo passed the 500 mark. We knew we would. There are many more ahead and our hearts go out to the families and loved ones of those who have lost their lives due to this deadly virus. I know everyone is eager to hear more about this next phase, the safer at home phase, and i want to reat a rate, as i said a number of times this is not going back to normal. This is not, going back to the way we lived in january or february, it is how we can have a Sustainable Way of life for may and beyond, a way we can get the Health Protection we need, the psychological ability to endure and the economic ability to render for families in need to put food on the table. Safer at home for coloradoans means we need to limit social interactions to the greatest extent possible to
Notably russia, and surely it puts a crimp on the future of electric cars. Look at it this way. Why buy electric when a gallon of gas on average now costs 1. 81 and likely to fall much lower. In wisconsin, the average is all the way down to 1. 22. There are some places where its below 1. We will bring them to you. Its a big negative for the stock market. The dow industrials are going to open down 500 points. Thats roughly 2 . The s p down 1 . The nasdaq down 1. 93 . The oil crash really hurts stocks as well. Every energy stock is down. The airlines and the Car Companies, they cant cash in on cheap jet fuel and gas because people arent flying and theyre not driving. Where is the additional help for Small Business now that the first rescue package has run out of money . As of right now, it has not come through. Treasury secretary mnuchin negotiating with democrats over the weekend. Its supposed to be a better than 300 billion plan but its not here yet. Perhaps thats another reason for th
Markets pointing to lower opening. Major averages. Take a look. The nasdaq lower by 65, the s p lower lower by 34 after the markets rallied last week, the dow, nasdaq and s p 500 second straight week of gains with market up on the session as you can see about 2 higher on the dow industrials for week. Oil prices having a rough morning, take a look at this. Taking a steep dive as the coronavirus slams demand. Crude oil now at 13. 54 a barrel. Holding china responsible, questions are swirling this morning about the origins of the virus. Chinas lack of transparency. Congressman andy barr to investigate chinas handling of the pandemic. Mornings with maria begins now. Noble markets look like this. Germany taking a step with reopening the economy. Some stores. The white house is allowing some companies to delay payments of import tariffs if they can demonstrate significant financial hardship, tariffs on chinese goods are not included in the interruption of the white house tariff program. In a
Facebook takes on covid19. The social network giant makes a big announcement. How theyre tracking the disease and pinpointing hot spots. There are some things that i think would jump out to you. Facebook Ceo Mark Zuckerberg sharing the first results this morning. On the brink. The major American Department store chain on the verge of bankruptcy. The new report this morning. A broadway stars battle with covid19. Nick cordero losing his leg following complications from the virus. His wife amanda speaking out for the first time on his condition after those serious measures. Violent storms tear through the deep south for a second straight weekend. At least seven tornados this morning tornado watches from florida to South Carolina. Were tracking the latest. And Michael Jordan like youve never seen him before. The tipoff to the last dance trending big overnight. E es dk series scoring big with players and fans about the g. O. A. T. s final championship season with the Chicago Bulls, featurin
Within the dow. Take them out of the picture, things wouldnt be as bad as they are now. Were well off the earlier lows, down 400 points, down about 165 points but also fueling this, offsetting this if you will is talk of progress on that stimulus front. You remember where they were looking for republicans, another 250 billion for the Paycheck Protection Program . Well they ran into a buzzsaw of criticism from democrats that argued it was too tilted to business so they wanted to make assurances for health care workers, hospitals, that sort of thing. I stress that they have reached a broad parameters of a deal. It is not a deal until they both mutually agree. Were seeing progress on the front. That mitigated losses in the dow and offset the oil impact. Edward lawrence joins us now from washington with how this is all progressing. Hey, edward. Reporter neil, close, very close. That is how it is being described. As you said no deal, no ink to paper as it were for this deal. Republicans ini