Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it is mrna pfizer is working on the mrna technique as well. I
Nasdaq was up 62 and s p 11. Last Economic Impact of the virus as more businesses look to reopen a new report revealed it could take ten years for the u. S. Economy to recover from the pandemic, mornings with maria is live right now. Maria Global Markets this morning are moving higher, cac quarante in paris is up 86 and dax index in germany 406 points, 3 and a half percent higher, dax in germany rallied after being closed for the holiday yesterday. In uk Small Businesses hit with coronavirus, borrowed 26 billion through month of may. Check asian green across the board, take a look, kospi better than 1 , best performer was in japan up 1. 9 . Now some of the top stories that we are watching this morning. Chaos despite curfews, americas largest cities still talc victim to looters even as police and the National Guard ramp up presence across the country, protestors forcing into macys Flagship Store in new york city overnight. It had been boarded up. 3 people have been arrested so far. Loot
And nasdaq. Strong market gains for the Bluechip Companies. Just using two of them as an example, we have apple up three dollars, microsoft up at 146. They have been higher than that earlier. Microsoft up earlier. Did they hit bottom this week . A lot of people have been buying them. Were asking that question. I hope a bottom for a lot of companies. Oil moving up to 25. Barrel. Its down 15 cents now. The government is buying oil but the petroleum written for the petroleum reserve. Whats he going to do about the russian and saudi attack on american drillers. We will ask that question to him. Gas prices tumbling. The National Averages 2. 17 a gallon falling about two cents a day. In oklahoma the averages a dollar 80. In california its 3. 25. According to gas buddy we will be down to a National Average of well under two dollars very soon. Lets get to the spreading virus. We will show you Street Scenes from around the world. Same story all over. Ghost towns, empty streets. Economists at a
Hello, man, he talks all that stuff when he got the other boys with them, now that he has to fight for himself he dont want to play. Please, steph, cameron, i miss you all. Barkley should stop before i now at 11 00, breaking news, the cruise ship with take his job though. Infected passengers and crew is he already didnt make enough headed closer to the bay area coast right now. Money playing so he need that job. A helicopter on the way to meet he should stop talking to me. It. I have a tendency to end people. The reason behind the unexpected move. Tonight a bay area he also cant talk basketball with me either. University announces drastic measures in response to the not smart enough, not qualified. Coronavirus. Its definitely a good move no rings can sit at this table. Because people are going to be oh, feelings hurt there. Panicked otherwise. Just a little bit. The new step stanford is taking to protect students. Thats part of barkleys good news in the Weather Department for the first
Medical emergency. Now, according to health experts, the biggest test of this response is actually going to be what happens once that ship docks. This ship is an enormous problem. Reporter dr. Arthur is currently the head of ep deemology at uc berkeley and worked for the cdc for years. He says its crucial everyone on the grand princess be isolated from the general public not just those whove already tested positive for covid19 also known as the coronavirus. Im concerned that other people on the ship are infected, some of whom may well develop symptoms over the next incubation period. Reporter Vice President pence did not give any information during todays press conference about where the more than 3,000 passengers and crew on board the grand princess will go once the ship docks. In fact, people on board didnt even know some passengers had tested positive until they saw the press conference on the news. We were watching msnbc and we heard it and it was like, um, excuse me, i thought the