Region. Beaumont and the whole area. As hurricane lauras wrath unwinds right on top with more than 82 of gulf Oil Operations now offline. We now know where the powerful storm is headed and what it could mean for prices at the pump. By the way, exxonmobil, part of the reason stocks are seesawing as the dow stares down one of its most epic shakeups ever. Our floor show traders ready with their blue chip fantasy picks. With everybody wearing sweats and pajamas at home, why is luxury consignment site the real real jumping 35 quarter to date . The ceo is here in a countdown exclusive on the hermes effect. The topselling luxury product being used for a high end face mask hack and the happy face its putting on shares of her ecommerce titan. Plus covid test results under 15 minutes . Why you may want to go to the airport for your next covid test. How and where the company is pulling that off. Less than an hour to the closing bell, lets start the claman countdown. Liz retailers popping and drop
Treasury yields are up as jobless claims drop. And open for business again, but where is everybody . Errie calm after restrictions were lifted. Muted the session seemed after the week where we saw gains in global markets. We have a pause when it comes to the stock rally overnight. Finally starting to address the the data we trickling and showing the impacts of the pandemic on the Global Economy and the evaluations we see when it comes to markets. Japanese features trending a little lower at the moment. Futures trending a little lower at the moment. Futures flat at the moment. David a welldeserved break. Lets get to the top stories. Despite a recent wrapping up of tensions, the u. S. Trade representative says he feels good about a phase one agreement with china. Robert lighthizer says beijing was honoring the pact when he took significant purchases in recent weeks. Selina wang is in beijing. Take us through what Bob Lighthizer had to say. We got some positive rhetoric about the trade de
Consider curbside. It would only be repair, minimal repair. We are asking if it is too early for San Francisco to reopen retail sought shops. Starting on monday, the health order will allow more nonessential businesses to reopen, including offices, even strip malls. Social distancing rules would still have to be in place. So this is where things stand in the bay area. San francisco is about to join napa and sonoma counties, which are already open for limited retail. We are just learning that Alameda County will allow Curbside Pickup next week. Santa clara and contra costa counties are holding resurgence until may 31st. Day three, employees are back to work. They are also working under conditions where alameda sounding Alameda County says its okay they will be goin to review the Safety Measures, to make sure that tesla is up and running correctly. Meantime, a lot of people are very vocal, they were out there today saying they want other businesses open and its time. As tesla employees a
I will talk about that with rnc chair ronna mcdaniel. All that and more coming up on making money. Charles well you could call todays session a random walk down main street. This as the biggest percentage winners include auto dealers like carmax, casinos like m gm, retailers like roth stores and furniture makers leggett and platt. This as looks like economy will open across the country. Wall street experts say the move is too early and far too optimistic. Lets get what our market pros see what they think. Shah gilani and erin gibbs. Erin, let me start with you. The idea maybe this is too much optimism. Wall street hates it but the more hate it the more the market seems to rally. We are, many of us are cautiously optimistic. But im definitely concerned at how stretched some of the valuations are looking forward though. It is very hard when you talk about value because you really have very little visibility on what the actual earnings will be. But certainly there have been a lot of predi
Rally, talk about a turnaround. South korea, hong kong, japan investors moving away from haven place. Remember, china had been quite an out performer. The hang seng currently up 3 . We are hearing chinese buyers are buying up those stocks in hong kong. Lets look at where futures are setting up. We see futures pointing to a higher open. It has been a volatile right. Ride. Futures volatile equity futures down about 1 despite jumps in the s p 500 and the dow. Aide, saying that the deal may not be up and running just yet. Flip the page and look at where we are, the kiwi dollar tokening further, starting buy bonds to stimulate the economy, and look at that, down 1. 7 . It is moving just like the stock market. People were saying bitcoin was a haven play. for more context in the markets, david ingles our coanchor joins us. David, could we say this is the end of the route, or a bear market rally . David it is hard to say if this is the bottom. Once markets stop reacting, that is when you know