On slowing the spread of the virus. New cases of it on the decline in major hot spots including new york. Dr. Tony fauci saying the death toll in the u. S. Could be 60,000 versus earlier estimates of 240 people dying. Donald trumps Approval Rating hit alltime high for him amid coronavirus pandemic and also showing an overwhelming majority of americans are concerned about a recession. The virtual opec plus meeting which included saudi arabia and russia ending in a tentative agreement to temporarily cut production by about 10 millionbarrels per day. But mexico could derail the plan. Oil declining near the trading session over concerns about the Production Cuts that they wouldnt be deep enough. U. S. Markets are closed today in observance of good friday but yesterday u. S. Stocks rallied, dow, nasdaq, s p all up more than 10 for the week. S p having the best week since 1974. In asia overnight markets were mixed, you can take hang seng and hong kong closed for good friday. European markets
Yesterday, they were off the highs of the session this morning green arrows are indicated once again, but modest advances the doi ww was up by 10 1 2 poi, the nasdaq up by 3, the s p up by 3 the gains have been significant this year. Have we seen 71 days for the dow . 71 records. But 22,000 on the point 2,000 p before we got to the new year. I think i heard President Trump say 85 that could have been from the election to the first of the year thats probably what it was. Bitcoin today, did you see it . Yes we should probably show that we show it every time. We will show it after the tenyear tenyear is back under 2. 50 but it was above 2. 50 at one point yesterday. The highest weve seen since june or earlier. Maybe april. You look at the tenyear note, yielding 2. 486 . Looking at bitcoin actually its coming up a bit. Some of the dbig stories theres bitcoin okay. Its not so we got our first christmas vacation vignette out of the way on the opening there will be a few of those a great movi
Showing claims fell. It is pretty good. Getting better. But the Employment Situation remains pretty insistent. Pemco continuing to see huge outflows. Founder bill gross says a bond war is at hand and his firm will be the winner. He lays out the battle strategy exclusively. Lays it out as war strategy. Plus Richard Fisher is with us. He says it is time to taper. But he has been saying this for a while. He is not a Voting Member but he will tell you what he expects his colleagues to do beginning next month. He is a september taperer. It is amazing. And it shows you the debate going on within the Federal Reserve right now. Absolutely. Lets approach this final hour. Near the highs of the day here, not so far from it. Up about 40 points. 15,511. Nasdaq also positive here with the gains doubledigit, up 18. 5 points. 1. 5 of 1 . S p 500 showing a begin here of bet are than will points, bill. Down s p about an hour and a half away from snapping a threeday losing streak. What was the turn aroun
Earlier this year PCG reported on a crypto rug-pull with a new twist: The CEO of the firm involved didn't appear to exist. The news came in the wake of a Guardian Australia investigation into Hyp