Benefited from the stay at home trend, both popped into the open both have gone lower all day long big swings and stocks are set for the second straight week of losses the s p 500 just fell through the 50 huday moving average. 59 minutes to go on a volatile day, week, and final hour of trade. The s p 500 is flat right now. Fwha but that belies the volatility that youre talking about. We have a big lineup on the show coming up, the ceo of kroger will join us on the back of the companys strong Earnings Report better than expected guidance as well plus, labor secretary Eugene Scalia will be with us to discuss the job situation in the country and the renewed push by some companies to bring workers back to the office and one brookings economist has a bold idea to get america back to work and speed up the recovery pay people to have a covid19 vaccine. But lets get straight to the market another wild session to close out a roller coaster week. Mike santoli is tracking all of the action today
Continue off the floor and the republicans 1 trillion economic aid plan in response to the covid19 pandemic. Senators have been staking out their positions with floor speeches. Now, live to the floor of the u. S. Senate here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. O god, our refuge and strength, give us reverence for your greatness. Guide our senators around the pitfalls of their work, enabling them to have hearts sustained by your peace. May they surrender their will to you, as they trust you to direct their path. Remind them that leadership can work miracles with cooperation, but rarely accomplishes much with conflict. Inspire our lawmakers to be quick to listen, slow to speak, and slow to get angry. Help them to strive to live with such integrity that they give you the honor do your name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. I
Joining us. Tonight the pause before the big holiday break this weekend. More than 40 of the country either stopping or reversing their plans to reopen. The Meat Industry also trying to bounce back with farmers some of the hardest hit, now bracing for a possible second wave of covid19. Heres my nightline coanchor, juju chang. Reporter raising pigs is a Family Tradition for randy jay wurtsma. Hog farming is built on flow of lots of numbers, tight margins. Reporter for three generations, this 2500acre farm in rushmore, minnesota has kept food on the table for his own family and thousands of others across the country. Of course were in business to make a profit, make money and make a living, but we an essential cog in feeding the world. Many farms like mine. This is where pork comes from. Without us, there wouldnt be any. Reporter wurtsma is contracted to sell his pigs, 24,000 a year, to one of the biggest pork processing companies, until it was interrupted two months ago. More meat packi
Watch live wednesday at 2 30 p. M. Eastern on cspan 3, online at cspan. Org or listen live on the free cspan radio app. Next, a hearing on the federal governments role in protecting workers during the coronavirus pandemic. Good morning. The subcommittee on work force protections will come to order. Welcome, everyone. I note that our quorum is present. I note for the subcommittee mr. Courtney of connecticut, mr. Levine of michigan, mr. Castro of texas, dr. Roe of tennessee, mr. Guthrie of kentucky, mr. Smucker of pennsylvania, mr. Banks of indiana, mr. Watkins of kansas, mr. Mercer of pennsylvania, mr. Johnson of south dakota, mr. Cellar of pennsylvania are all permitted to participate in todays hearing with the understanding that their questions will come only after all members of the subcommittee on work force protections on both sides of the aisle who are present either in person or via remote participation pursuant to House Resolution 965 and the accompanying regulations thereto hav
More work from home. It is thursday, may 7. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening. Welcome. Im Brian Sullivan thank you for joining us on this 75th anniversary of ve day 1945, world war ii and europe ended. Looking at the market and your money. Setting up their thursday morning. We are seeing futures with potentially a rebound in gain. Getting to more on that in one second this would also regain like we said what we lost yesterday. Up nearly 3 this week alone weekly jobless claims are out. They are expected to show another 3 million americans have filed for unemployment. We are nearing 30 Million People out of work. Markets wont move on that it is widely expected. Obviously a difficult number to hear we have breaking news on United Health the health insurancer announcing it will provide 1. 5 billion premium rebates. Joining many Auto Insurance Companies Offering rebounds as people are simply not consuming their products right now we