Worldwide trade has been slashed. Postnba future, we will hear from lebron james. Feeling more risk as we head into the last trading session of the week for asia. Lasttrading flat after the halfhour of frenzied gains, s p 500 up 20 loss in the previous session. Nikkei futures at the moment looking flat. Dollaryen holding at 107. Gainingg dollar index with the exception of the kiwi and aussie dollar. It feels like we will see modest over in spite of concerns increased virus numbers, particularly in the u. S. And globally we are averaging 150,000 new cases per day. The underscores uncertainty. The senate in the u. S. Approving a bipartisan bill that would limit banks doing business with chinese officials involved in hong kong. Tom mackenzie is in beijing. It still has to be signed into law. Given unanimous consent, how likely is it this will be enacted . Tom very likely at this stage. It has bipartisan support in the house and it has been signed off in the senate. It will end up on trump
On the nations food supply and Meat Processing industry. On why, dr. James hamlin some people who contract coronavirus get sicker than others. Oft this, the last day april, jay powell says he expects an unprecedented drop in Economic Activity over the next few months after it was reported yesterday that the u. S. Economy shrank at a 4. 8 pace in the First Quarter and economists are decked in additional 3. 5 Million People filed for Unemployment Insurance last week. The Labor Department will release those numbers officially later on this morning, which brings us to the question in the first hour, how has your financial situation been since the pandemic . Perhaps you have saved money or asked for financial help. We want to get a take on how you have been doing financially over the last few weeks. 202 7488000 if you are better off. 202 7488001 if you are worse off. If it stayed the same, 202 7488002. You can text us at 202 7488003. You can also post to our twitter feed and Facebook Page.
Little different than other hazards and that the focus of osha is to figure out how to make sure the workplace is safe in the most effective way to do that is to have regulations and a standard where employers must protect workers. Osha has had standards for that for people who work on groups or people who dig trenches or people who are exposed to benzene or other carcinogens or even bloodborne pathogens like ebola or hiv aids. Not done in this administration is issue a standard to say employers must protect workers. They have issued some guidance and issued some suggestions. They have not said employers shall do certain things. That one of the industries has come into focus is food plant workers and what they face. The president is using the federal production act when it comes to meet plat meatpacking plants. What should be the requirement for those workers when they go to work and what should be provided for them . Guest every country knows the primary way that we protect all of us
Is a warning to the entire industry. More planes into a collapsed market. Shery lets get started with a quick check of how markets ended in the u. S. U. S. Futures right now seeing some downside, down 2 10 of 1 at the moment. This after u. S. Stocks closed at a six week high. We have financials leading the gains. Surprisingly good earnings reports coming from Deutsche Bank which is helping sentiment. We have more positive sentiment and perhaps some expectation there could be more stimulus aasures given that we have trio of Major Central Bank decisions this week. 25 s p 500 up more than from its march lows. When it comes to the nasdaq, also gaining ground, about more than 1 for the regular session. Take a look at what oil is doing because we are seeing some upside for wti which is gaining about 1 . Backafter oil plunged below 12 a barrel. We are now seeing it just nearing 32 a barrel. We did get u. S. Drilling cuts but at the same time come we have the biggest oil etf in the u. S. , say
April 10. Climbed the most since april 10. Millions of us are watching a lot of television. Netflix jumped, but investors questioned how long the binge will last. Shery look at how markets are trading. We are checking oil prices after we saw that crash this week. June futures are rebounding slightly. This coming after it plunged 70 may contracts expiring, sinking below zero for the first time ever, traders fleeing oil to avoid taking delivery of physical barrels. Seeing a rebound across the board but significantly lower from where we were earlier this week or last week. Look at how the broader markets are trading up your u. S. Futures after stocksg, tumbled the most in three weeks pay we had a frisch a fresh rout of risk aversion. Around the 2700 level. President trump and secretary of treasury mnuchin giving a briefing at the white house. Lets listen in. The certifications are quite significant. How many jobs have been saved while the money was going ppp is over 30he million jobs. Tha