The dow futures down 448 points. Down almost 2 . S p better than 2 , nasdaq lower by 225. 2 and a half percent there as well. Strong showing in april despite losses yesterday, the dow, s p 500 posting largest monthly gain in 33 years for month of april. Oil prices are still down this morning sliding again, take a look, this morning more on the impact, low prices and decline in demand are having on big energy. Oil now 39 cents, better than 2 . I will be speaking this morning exxon mobile and chevron will be reporting and we will speak with the ceo of chevy robe coming up. Amazon with jump in sales but seeing profits fall as cost of doing business of the pandemic rises. Could post First Quarterly loss in 25 years. More bombshells, more unsealed documents reveal the fbi was moving to close the investigation of Michael Flynn back in january of 17 before agent peter strzok stepped in to say keep the case open. Flynns Attorney Sidney Powell will join me powell at 8 10 a. M. Eastern on the ef
Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the oil market. Stocks, they are going up, too. Reopening is popular with investors. Look at this. Lot of green, lefthand side of the screen. The dow is going to be up about 300. The s p up 36 and better than a 100 point gain for the nasdaq. Yeah, tuesday, may 5th, a positive tone today, if you ignore the everwhining media. Varney company is about to begin. Stuart lets get right at it. We will bring you an update on the reopening of the country. California and new york, both outlining their plans.
Changes start with early projections for a lot of mountain snow. Rainfall is about a half inch to an inch and a half and possible thunderstorms with hail, it will be sunny today what we do now will forever change our tomorrow. With everything coming out of the northwest and the breeze is holding up a temperatures will end up in the 60s even though were starting off with 30s and 40s. Get out and enjoy it. So lets do the right thing, today. Another was a show in napa lets stay at home. Earlier but i think other than lets wash up. That everything is okay. Lets always keep our distance that is correct that we did please, six feet apart at least. Have crash at linda vista in lets look after ourselves, as well as others. Napa county of that is still an it will all be worth it. Area to avoid but otherwise the commutes are good and people we can all do our part. So those on the front line can do their part. Are still going, essential workers are on the road but we and when this is over, havent
New York Governor Andrew Cuomo held his daily Coronavirus Briefing from albany tuesday. He updated the total number of cases and tests performed, and the coordination of resources. He also talked about his brother, cnn anchor, chris cuomo, testing positive for the virus. This is just over an hour. Of people tested overnight, 18,000 people, more than any state in the country, and we are proud of that. The total number of people population of0, 19 million will not give you a random sample. It has been helping us track down positive cases. Cases,ber of positive 9208. Total cases, 75,000. You see the predominance in new york city and westchester, then thenu, then suffered suffolk. It spreads out from density. The march of coronavirus across the state continues. Numbers, 75,000 tested positive, 10,000 in our patients. 2700 icu the good news, 4900, almost 5000 people discharged is up 771. People come in, get treated and go home. New york is at 75,000 cases. Is 16,000. Te california is at 700
Supplies and puts out a plea for all americans, especially those in hotspots to wear no indefini 40,000 Health Care Workers to come into the city and help out. Blame game. President trump pointing a after a flight that was supposed finger at governors and the to bring them home was stopped states they should have done on the tarmac just minutes before takeoff. More before crisis began. Russia has suspended all the president refusing to tell people in all 50 states to Stay International travel until further notice. Our team is covering all of home. It. States that were talking lets begin with kathy park, about are not in jeopardy. No, i would leave it to shes outside of hard hit mt. Sinai hospital in new york. Governors. Breaking news. Kathy, good morning to you. Surprise firing. The Inspector General who first reporter kristen, good morning to you. New york city mayor bill de blasio is sounding the alarm flagged ayu crain whistleblower saying theyre on a race against removed from his p