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Against midway, against the japanese in world war ii the s p jumping 6. 24 . The nasdaq gaining 5. 60 in spite of the hideous jobless claims number in history this is the best day since 1931. So far covid19 has run the table against us we were not prepared and this virus has had us on our heels the whole way. Attacking the very basis of our civilization, life, liberty and especially the pursuit of happiness which in this case means the right to watch march madness, grab a beer, see Cirque Du Soleil in vegas at least until today were up against an insanely bullish last few minutes of trading. Astonishing return for large caps bully. Weve seen big run in all things tech it wasnt coordinated. Like our initial attempts to homeland the line in world war ii we were overcome by a prettier prepared enemy, virus its killing people directly and killing the economy. Like the greedy win at midway, google, watch the movie, even the terrible ....
To do. One fourth of that will be spending, but we dont know the timeframe. Jon there might be a consensus among economists, there is no consensus in this market right now. David im looking forward to that. We will speak to a man who knows the fed very well. Alan greenspan will be joining us in an exclusive interview. We begin with breaking news. Ford earnings just crossing the wire. The Company Making . 52 a share. Estimates were for . 60. Revenue,of actual coming in a bit stronger at 36. 9 billion. The company says it is committed profit. 6 pretax it it does warn that could be at risk even if u. S. Sales of its suvs pick up. We always want to look at pickups. They missed on their earnings per share but were up yearoveryear. Beat. And revenue did yearoveryear and quarter on quarter. Stay with us for that. Mark fields will join us shortly. We want to hit on that interview. Jon Cre ....
Yesterday, not much direction today. The 14th straight session where the s p has not moved by the close of trading. Not saying it will not today, but it is a safe bet that time. Weve seen a lack of activity, volatility falling. This is fairly typical of earnings season, but this one is even more so than we typically see. All of the major averages kind of mixed. The dow has been faring the worst, down 73 points. The nasdaq is higher, just barely. It is facebook is keeping it afloat. Of course investors are seeking through earnings. Facebook shares have pared some of their advances. They are normally down 1. 5 . They were up as much as 4 earlier, quite a change even as facebook comes up with sales and rose 59 . 1. 97s 1. 79 billion billion active users. Ford on the flipside, one of the things providing a drag on the major averages. Ford coming in with earnings that missed estimates. The company also saying this year will be tough, auto sales will likely contract. We are looking at whole ....
Backward and many students are, quote, having their credits slammed, their tax refunds seized, their Social Security and earned income tax credit payments reduced or their wages garnished all to pay fraudulent debts that are likely eligible for discharge. She wants the department to immediately halt all collections of corinthian student debt and discharge their federal loans. In response to a letter the education secretary says he will make sure contribute yann borrowers know their options for student loan forgiveness. Live in the newsroom, lisa chan, kpix 5. In the Santa Cruz Mountains, clouds of smoke as the loma fire continues to burn. The blaze already destroyed several homes and threatened hundreds more. Maria medina is live at base camp in gilroy and all crews are doing to stop the flames from spreading. Reporter evacuees met with firefighters last night hoping f ....