A lot to talk about in the next hour. The Johns Hopkins sobering numbers across the years across the world now, 670,000 confirmed cases, approaching 31,000 deaths around the world. Here in the u. S. , close to 125,000 confirmed cases of the coronavirus in the United States. We want to get your phone calls. Again, if you are recently unemployed, tell us your situation. That number is 202 7488000. The headline from cnbc, the u. S. Economy has come to a. Ndstill host yesterday on fox news, this conversation with Vice President pence on when the u. S. Economy will reopen. [video clip] re is a risk. If he doesnt open it soon enough, there is another risk. What are you specifically looking at and basing your decision on and then formulating a recommendation to the president on. Right question. Short answer, we are following the data. The president secured with massive commercial labs around the country we are literally doing tens of thousands of tests today and we have gotten a great deal mo
Effects of most of the country is workforce staying home. Airplanes are parked on unused runways and the busiest highways are empty during rush hour. Resorts have become ghost towns. We see a sharp drop in shipping activity. The u. S. Now has more coronavirus cases than any other nation in the world. The u. S. Labor department reported a staggering 3. 20 8 million americans filing on a plane and previous week, shattering the alltime weekly record of nearly 700,000 set in october of 1982. That from cnbc. And yesterday on fox news, this conversation with Vice President pence on when the u. S. Economy will reopen. Here is part of that conversation. A very tough decision, may be even tougher than slapping a travel ban on china, because there is risk. If he opens the economy too soon, there is a risk. If he doesnt open it soon enough, there is another risk. What are you specifically looking at and basing your decision on and then formulating a recommendation to the president on . V. P. Penc
Weeks. Nasdaq is leading those three indices up more than 2 so far this week. One stock helping to lead the dow higher in yesterdays session was walmart. That stock surging 7 to new record highs after seeing a strong earnings report. Checking in on the bond market as well with the tenyear hovering at its lowest level in roughly a march and its ticking slightly higher this morning 4. 385 . Twoyear note 4. 782 . Oil prices u. S. Bench prices and wti prices continuing to hold below that 80 dollar per barrel mark and down 1. 17 to 79. 12. Ice brent up to 83. 62. With all of that in mind, lets see how europe is shaping up as its trading day is in the early stages and lets look at the early Market Action across the pond. Good morning. If looking for a mixed market as mix as they come. Stocks going in different directions. Again, earnings news seems to be shifting things along and seen record highs for the overall european market. Even the market then out of the uk ftse 100 managed to reach r
The dodgers you dont score like that. This was a great series played out to game seven the perfect ending would be a great i remember when the reds won, i didnt want a nail biter. You just want it over for houston fans, they love the 51. For everyone else the franchise never won before i was hoping for something where where you stayed up late. There they are. I didnt get to see it. Im happy for them. Somebody said the dodgers are celebrating in these strange orange jerseys larry king was not happy theres jim crane. Had him on as a guest. Did you see larry king behind home plate i did not scowling. I think thats his natural face im becky quick. Joe kernen is here andrew is out today. Weve been watching u. S. Equity futures. Yesterday we saw the nasdaq hit an intraday high during trading. It ended up giving some of that back by the end of the session the dow and nasdaq ended higher. This morning there are a few givebacks. Dow futures down by 14 points. S p futures down by 4. Nasdaq off b
Keep repeating it on days like today when the dow tumbles 133 points. The s p plummeted 1. 18 . After two day rest but this market is back in selling pergatory because a couple of things are happening. That doesnt stop them from taking action though. The first thing thats moving too fast is oil. It has lots of people panicking. Three months ago our single biggest worry was the pending collapse of oil and all that goes with it. Remember when we thought there would be Bank Failures because of plunging crude . Most of those banks turned out to be solid lenders or how about the high yield bond market. We just kept hearing about how 200 billion in debt was at risk and when these companies stopped paying their bills the oil and gas segment could bring down the whole financial system. I even added the hyg to my screen. Thats a high yield Corporate Bond etf in order to monitor the pending apocalypse. Turns out it barely budged. They were all the oil and gas related companies themselves. We hea