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Claims at 8 30 a. M. Eastern time. Economists are expecting 3. 5 million jobless claims falling record 3. 2 the following week. We will bring you those numbers and jobs number coming out tomorrow. We are expecting a firm e tone with Dow Jones Industrial average up 332 and s p by 72. Take a look at the numbers. Dow industrials down 973 points at the close yesterday. S p 500 down 114. President trump is considering grounding domestic flights between hot spots to try and contain the spread of the virus and boeing to send early retirement as the virus takes a toll on the aircraft industry, its 73 max fleet remains grounded. Coronavirus impacting the 2020 race. Former Vice President joe biden calling for the Democratic Convention to be pushed from midjuly into august. This as pandemic could lead to virtual electi ....
This is bloomberg. Vonnie thank you. We are back in a moment. Vonnie this is bloomberg markets. On vonnie quinn. Saysard chartered ceo singapore and hong kong could recover from the pandemic in the second half of the year. Francine lacqua spoke about what the western world could learn about controlling the virus. The bank of england took the view, understood the view that given the uncertainty around this crisis, uncertainty in terms of financing requirements, uncertainty around the losses that banks will take, its appropriate to be atraordinarily despite strong Liquidity Position and loan but today, regulators have taken the view that prudence should rule the day. I understand that. When can we get back to Something Like a more normal capital strategy . Role ofhave to see the banks helping the world recover from this tremendous shock, has largely flown through. We can al ....
Across america. Famed investor mario gobelli has lived through many a crisis. He is here in a fox business exclusive on how hes maneuvering his money and hes going to reveal, stay tuned for this, five stocks he is buying, one of which he just scooped up 100,000 shares of. Youve got to hear. We will give you all the names. In less than 24 hours, Small Businesses are going to line up around the nation for federal money, but theres one group of Small Businesses who may be shut out of 2 trillion in stimulus money. Venture capitalist rohan oza, behind brands like vitamin water, so many names out there, hes here in a fox business exclusive to share his advice for Small Companies getting caught up in the covid19 crush. We have been talking about zoom video communications, one of the breakout stars of the work and learn fro ....
Markets in the weeks ahead. Still pumping more oil into the market from saudi arabia. It comes to the coronavirus story that continues to dominate, President Trump says the u. S. Should be prepared for a painful couple of weeks. Infection rates continue to rise in the u. S. We are hopefully seeing some stabilization in countries like spain and italy. Overall, the global infection rate has passed 800,000. Yvonne. Avon the ecb scrapping european banks. Thats what is weighing on the hang seng. Earnings coming through, really a key indicator in the next couple of weeks. Autos reacting negatively. Down six. 5 . The pboc should impact further cash injections and local authorities should issue more infrastructure bonds. Supporting the economy amid the worsening coronavirus pandemic. Selina wang joining us now from beijing. How significant is this . How should we read into that yvonne that . Selina those pmi numbers coming in better than ....
Surveillance. A bit of a different bloomberg surveillance. It has been 10 days that we have foroadcasting from all of our technical operators around the world. Arefocus is on what we seeing in terms of data. Is the euro area. It will give us an indication of exactly what the economy is facing. Euro area preliminary actually, its not preliminary. Anything below 50 indicates a contraction. Lets get onto your markets quickly. Thee is a lot of focus on banks after regulators have pushed a lot of u. K. Banks. European stocks are down. Im also looking at treasuries. Lets get straight to Bloomberg News in new york city. Died from coronavirus. Fatalities top 1000 confirmed cases in new york state. They have surpassed those in chinas Hubei Province sticking with President Trump, he said to announce the deferral of some payments. ....