Bank lets check the numbers and see where we stand the dow is off 1. 5 . 24,260 s p at 2900. Russell, all the way on your right. Its been a big out we are forming giving back about 3 today. Were going to look ahead to those earnings tonight but we have to look back to last night. You own facebook, microsoft. No wonder these stocks have been doing so well. They justified the it last night, didnt they they did. When facebook comes out and says ad revenues have stabilized, thats a very powerful statement. Weve had this debate is old tech tired or is big tech tired. Can it keep giving we saw their operating morals are fantastic. Apple may be the squishiest of all because they are directly tied to the consumer phones. I phone it im not doing anything with it so what . This is where you want to be you want to be in whats working because the companies are bilts to work. Its where technology is and where its going 5g as we talked about so many times. Funny you say that. Kramer said so Many Com
The s p 500 down deep in the red down 5 . Fox Business Team coverage. Blake burman is at the white house where the president is currently meeting with nurses on the pandemic. Kristina partsinevelos on the floor of the New York Stock Exchange. And chad pergram is on capitol hill. Were going to start with blake. Reporter hi, there, we had known for about a day now that the Trump Administration had been potentially eyeballing a trillion dollar stimulus package, bailout package, whatever you want to call it. Now we know what they are thinking of, how that trillion dollars might be divvied out. According to a Treasury Department document 50 billion would go towards the airlines. 150 billion would be in loans to critical sectors of the economy or what is deemed as critical sectors of the economy. On top of that, there would be 300 billion in Small Business loan guarantees, and, there would be 500 billion in direct payments to americans. Half on april 6th. Half six weeks after that, on may 18
This graph. It tracks the outbreak here in california and you can see in february. The numbers were low Health Experts say thats because there was not as much testing look how the numbers climb today there are more than 4800 confirmed cases and 98 related deaths in california and those numbers are expected to rise as a number of coronavirus cases grows across the bay area and the state continues to go up. We are hearing from medical experts about what will happen and what it needs to happen to flatten out the curve. Cases are expected to grow but just how far up will they go before they finally level out kron fours dan thorn has the story california saw its biggest jump in coronavirus cases friday as almost 800 new cases were reported. As the state climbs towards 4,000 casein total what will it take to turn the tide experts say following publi Health Guidelines and continue to stay separated. California remains one of the states hardest hit by the coronavirus 2 weeks ago the state had
Led coalition have come under attack by iran and we await an official response from the Iraqi Government osama thank you very much youre watching all jazeera and continuing coverage of the developing story coming to us out of iraq iran says its launched more than a dozen Ballistic Missiles of u. S. Facilities in iraq at least 2 bases have been targeted one in erbil and the other one of the areas in the province of anbar irans revolutionary guard has assumed a warning to israel and other u. S. Allies in the region saying theyll be attacked if their countries are used to strikes against tehran. It is standing by for us at the white house as big as the latest reaction out of iran 1st lets go. To osama bin. In the iraqi capital just before we start our conversation of some of we have got these live pictures coming to us from kemah on the actual funeral for. So the money taking place following on from the 3 days of official mourning compelling pictures. Some of the people osama weve been ta
Cyprus. And possible so as i am in venezuela the Opposition Leader is the time and she returns of parliament after being barred from congress. The burial of a top rainy and general assassinated by the u. S. Has now been spawned after a deadly stampede during his hometown funeral more than 50 people have been killed the crash happened as huge crowds gathered in the city of car months to bid a final farewell to class on solo money who was killed in a u. S. Air strike on friday in iraq when response to the killing runs parliaments has designated the u. S. Army and the pentagon as terrorist organizations are as earlier u. S. Secretary of defense was forced to clarify it was not pulling troops out of iraq thats after a draw. A letter was leaked indicating the withdrawal of the top general said it was circulated by mistake well that speak to dorsetshire barrino who joins us live from. Lots happening in iran today. Staggered by the numbers but only of people on the streets for that for those