0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety
Proposal we could see volatility on the wu witching day options is tote expire 59 minutes left of the session were down 1. 2 on the s p 500 coming up on todays show, well discuss the massive week for the ipo market including debuts of snowflake and Unity Software with Stacey Cunningham. And Jeremy Siegel will weigh in on another volatile week third day in a row down for the s p 500. Six week lows here what he makes of the selloff lets get straight to the big stories were watching though in this final hour of trade mike santoli tracking the Market Action Steve Liesman with fresh comments and joining us to talk about the latest on tiktok and wechat and what means for tech, Big Technology mike, start us off here with a selloff in the broader market. Weve been spending a lot of time at the lower end of this recent range maybe a little too much time down there for the comfort of the bulls. This is a relatively routine pullback for now 3300 or. So we hit that a few times you go back a week w
Even the president took note tweeting that, quote, oil prices are moving upnicely as demand begins again lets start with bob pisani with the move higher in the market, bob, and everything contributing. Yeah. Energy really on a tear right now. On a bit of a breakout energys leading retails leading 3 to 1 advancing to declining stocks again today second day in a row with advance decline line. Breadth as we call it. We are on 100 points either side of the roughly 2850 on the s p 500. I think that important thing is while were seeing energy, retail do well today, it is big cap momentum guys, kelly mentioned nasdaq, near new highs. Facebook, apple, amazon up 2 today. The market moves when the big five move like that even with some other stocks moving, as well helping the markets today, reopening optimism as kelly mentioned and a nice bounce in oil, treasury officials talking about no plans to punish china overall. Ism Services Better than feared i think and helping signs of stabilization th
We continue welcoming them now. We may have to group some of them to get through as many as we can and we may edit for brevitys sake. As you send in questions, please submit only one per outlet. With that, president malpass, over to you. Thank you and good morning to everyone. Im happy to speak to all of you. You wish the circumstances were not as grim. I would start by saying i hope you and your families are healthy and coping in these challenging times. I want to express my deepest condolences to the millions of people around the world suffering from covid19 and who have lost a loved one to the pandemic. I just concluded a very productive virtual dialogue, low carbon, virtual dialogue with our Development Committee. I was joined by managing director of the i. M. F. And it was good to hear the views from shareholders on how the World Bank Group and i. M. F. Can Work Together to support our member countries, especially the poorest and most vulnerable. I was pleased earlier this week th
You wish the circumstances were not as grim. I would start by saying i hope you and your families are healthy and coping in these challenging times. I want to express my deepest condolences to the millions of healthy and coping in these people around the world suffering from covid19 and who have lost a loved one to the pandemic. I just concluded a very productive virtual dialogue, low carbon virtual dialogue with our Development Committee. I was joined by managing director of the i. M. F. And it was good to hear the views from shareholders on how the World Bank Group and i. M. F. Can Work Together to support our member countries, especially the poorest and most vulnerable. I was pleased earlier this week that the g20 took up our joint call to provide a suspension in debt service to bilateral creditors during the crisis. Chris and i worked hard on this and supported it and were happy to see it done. Its a powerful, fastacting initiative that can bring real benefits to the poor. In respo