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Drug that meant people werent dying of this. In the study, only two people died no placebo up against the remdesivir they were using these are early results but promising signs of hope. The dow futures indicated up by about 700 points if we continue like this, that would put the dow in positive t territory. S p indicated up about 75 points and the nasdaq indicated up by about 177. Lets look at the treasury market yesterday, those yields for the 10year were under a little pressure they had come back down even more we were talking about under 0. 7 looking now at the 10year treasury, you will see on this friday, last trading day of the week, the 10year is yielding 0. 64 . Looking at oil and the shut down of Oil Production and cuts of the number of barrels being produced a day around the globe, you did see prices come back down it is not enough to keep up with the dropping demand. Watching that too. This morning, wti is down to 18. 61 ....
Just like this miserable quarter. The house of pain the s p shedding 1. 60 . The nasdaq declined 9. 5 the Dow Jones Industrial average had its worst quarter ever the craziest thing, though, truly crazy, do you know it could have been a lot worse. All sorts offer stocks have roared since the bottom a week ago. S p rose 1. 9 last week. Were leaving the quarter with almost as much hope certainly we had it than despair. How is that possible when the pandemic is raging and the entire economy is in dire straits . This decline was vicious as anyones ever seen it. Investors tend to regroup. They figure out what they can make peace with, but whats too toxic to touch the ones they made peace with have stabilized and can actually rally on good days, but they may not have bottomed. You know exactly what time talking about. Days like today theyre going to give up the ghost a little bit theres some terra firm a there for some of these com ....
Reporter jessica and raj, we know those three tsa officers and all the employees they came into contact with are in isolation. What we dont know from the tsa is where they worked in the airport and when their last shift was here. Passengers that we talked to tonight say they are uneasy about the possibility of coming into close contact with one of those infected officers. The travel industry as a whole has been impacted by the spreading coronavirus, and it now includes airport workers at sjc. The tsa confirming three of its officers have tested positive for covid19. Yeah, that can spread. So i mean id worry about it. Reporter the agency saying three employees are receiving medical care and all the tsa workers they came into contact with over the past 14 days are quarantined at home. No word on how many passengers those officers screened. I still need to travel, so the most the least i could do is just be careful, wash my hands. Reporter the tsa saying in part, screening checkpoints rem ....
What is behind this a rally . Can it continue . Good morning, gentlemen. Paul, ill start with you. Valuations getting stretched here im a little bit worried about the valuations in tech, and ive been at this game a long, long time. Fundamentals are okay. Fundamentals might even be accelerating a tad from last year but when you take a look at the valuations of some of the marquee names that you mentioned in the teaser, particularly tesla and apple, im worried interesting okay joel, how about you . Given some of the names we just mentioned, in your coverage universe, what do you like the most at these levels good morning. Thanks for having me on. Obviously with tech you want to be a lot more selective and who the winners and losers are going to be. I think apple is to the upside, but 13 times to 24 times the span of 12 months is getting a little rich. I think the 5g hype could get a little ahead of itself, especially 5g as a utility is limited in the foreseeable future i look for names i ....
I hope everyone had a good lunch or is busy finishing up an excellent lunch. With two Close Friends of mine. I am probably the only person who can say this in the entire world. I work with and for both of them. I want to make sure i disclose my conflict of interest to start with. General shanahan went to michigan. Rotc. E, entered service in 1984. Azillioneen promoted a g times. Eventually we needed someone to implement ai into the entire eod. He was the perfect choice. I have worked with him in my role as chairman of the eib. Kent walker was a federal prosecutor. Law and order, federal prosecutor who chose to come i think he worked at ebay for a while. We snagged him, we being google, 15 years ago . 15 years. Every day together. During that time not only did he set up the legal function, but is now in charge of all global policy, pr, although sorts of things together. Do, i thought we should since you have heard from me, is simply ....