Record. A decade on commodities are seen as australias savior. Rising demand and expansion plans may ease the recession. Shery lets get you started with a quick check of how market are trading. U. S. Futures up 0. 25 after a brutal session in new york. Stocks tumbling the most in three months. Every company on the dow was down today, all 30 companies down. Almost nothing was spared. The s p 500 seeing the biggest decline since march 16. At one point nearing that 7 threshold that would trigger a pause. We saw the big gainers in recent weeks like airlines, travel Companies Taking the brunt of the selling. We had concerns over a second wave of infections across the u. S. , also a lack of further easing plans from the fed potentially dampening the recent rally. The nasdaq was down or than 5 . We saw the dollar treasury surging the most since april. Lets see how things are shaping up for asian markets. Sophie kiwi stocks up more than 3 . Asian benchmarks have been slashing. A pullback looki
In the white house, continue they continue to push reopening. Stephen mnuchin says another shutdown is off the agenda. Like ait does look terrible set up when it comes to this final friday training session. The selloff looks to continue. In the u. S. , it was deep and heavy volumes as we saw that box provedy go really be wrong that came to a screeching halt. 2 trillion to write off the value of u. S. Equities in under seven hours time. The are seeing a rebound when it comes to u. S. Futures trading for the s p, seeing upside about. 5 . Chicago and nikkei futures looking positive. Still, we could see some downside in the session, particularly as we continue to see the yen, really the only outperform against the dollar. In sydney, no such luck. Futures plummeting by over 3 . We had aussie stocks falling the most in six weeks in the thursday session. We are seeing the correction extend to almost 4. 5 percent in the early part of this session as we see downside for the kiwi and the aussie
If you do think there should be, the number is 202 7488000. If you dont, 202 7488001. A special line this morning to hear specifically from those who have recently lost their jobs, 202 7488002. You can send us a text, 202 7488003 is that number. If you do, please include your name and where you are from. Otherwise catch up with us on , andl media, cspanwj facebook,. Facebook. You can start calling in now on those phone lines as we show you a chart about what congress and the president have approved so far from it comes to coronavirus relief. Thattrillion, including inst spending bill from back march, followed by the Families First Coronavirus Response act, the bulk of it coming from the , 2. 7 trillion, and the additional money approved in the paycheck protection program, additional money needed to heat that going last month. Of course, the unemployment numbers we learned on friday, stand like this as of april. 14. 7 jobless rate, 27 million in the month of april. Economic projections
President trump said that chinas handling of the coronavirus pandemic was meant to hurt his reelection chances. Not only that, look at what theyve started to doing to his hats President Trump yesterday held a meeting to discuss reopening the economy amid the coronavirus pandemic with Business Leaders including executives from waffle house, who, unfortunately, fielded most of the questions. Lets see. Its dry. So is it like a house made of theres no dry time waffles or is it a waffle shaped makes us wonder why we booked fifteensecond ad slots like a house dries instantly and keeps you protected because i think a lot of for fortyeighthours. Americans want to know. White house Senior Adviser and President Trumps son if law Jared Kushner said yesterday that he believes the country will be back to normal and, quote, really rocking again by june. Though im not sure id take this guys word on whats really rocking. He looks like hed try to start a mosh pit at an enya concert. Executives from the
Tennessee, super tuesday is the last thing on their mind tonight. Where we are in cookville, they are still doing search and rescue. The sheriff said a short time ago about 40 of the homes damaged by tornadoes still have not been searched. Youre talking about downtown nashville, an urban area that took a direct hit from the tornado. An hour east in cookville, 18 people died including sme children. Some people died in bed. They didnt have a chance to get out and run for their lives. At a place called church on the hill, 15 minutes down to road, family members who believe theyve lost loved ones have shown up at the church. Theyre being shown pictures of their relatives and asked to positively identify them. You hear beeping sounds in the distance, search and rescue, larms house to house, alarms going out. You see people mingling, holding bags under their arms, walking with their children. This is is a disaster zone, many unlike weve seen. To hit such an urban area like nashville and cont