Live Breaking News & Updates on Health Care Distributors
Stay updated with breaking news from Health care distributors. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tom i would really suggest oil is important, but complete we secondary to the implosion that we saw yesterday and american jobs data. And the french data not much better. Right now, for global wall street, it is about calibrating the slow down and the nonrecovery out in the third quarter. And also, its the follow on from the rents that werent paid. There were massive upsets this morning. Francine i dont disagree. But oil can make things worse. Lets get straight to uber first word news in new york city with viviana hurtado. Viviana we do begin with oil. Opec putting together a Virtual Meeting of its members as President Donald Trump calls for a court need cut to end the historic crash in crude prices. Two delegates telling bloomberg the meeting will be held on monday. Saudi arabia insists it will only cut if others do. This includes the u. S. Of thetoric streak econom ....
The bloomberg terminal. A grim milestone. One Million People have now tested positive for the coronavirus with more than 50,000 deaths worldwide. The Asian Development bank estimates the cost of the pandemic at 4. 1 trillion. We will get through this, you was Vice President mike pence tells bloomberg that the economy will rebound from mounting unemployment as the government ramps up virus testing. We are testing over 100,000 americans a day. We literally are tracking every single day the number of cases that are coming out, where they are coming out. Pullback, oil markets reassess President Trumps tweet on output cuts with brent and of uti giving up some of yesterdays gains. We will double big into that story. Just under an hour away from the start of cash equit ....
Crude turning positive in the last few minutes at 58. 18. I wanted to point out one of the conundrums in the stock market today, the steel sector was downgraded at j. P. Morgan in the premarket. All of the Steel Companies were lower. This follows still companies in europe as well still companies in europe as well down lower. Right now u. S. Steel is back up about half a percent. Lots of optimism in this u. S. Market. Not so much over here. Not when it comes to the manufacturing sector. The economy grinding to a halt in the third quarter. Factories slump and it started to bleed through into the Services Sector as well. Specifically, germany is ignores downturn and most seven years. We are joined now by stephen macklowsmith, Market Strategist for the Internatio ....
Nevertheless, stocks are rallying, the s p 500 back above 3000. The dollar index almost reached 99. It is still a lot stronger but it is trading at 98. 61 now and that is having an impact on other Asset Classes like crude oil. Gold as well coming off a little bit. Some of the stocks that are moving in the s p 500, Restaurant Brands and Food Companies continuing their outperformance. Kellogg up more than 10 . Also yum brands had better sales. Performers in the s p 500 are performing very poorly, losing almost a quarter of their market capitalization. Analysts saying there is nothing left right now in this company. Problem withhad a its drilling wells. They space them to close together in part of the Permian Basin and they have to get rid of some and that is causing ....
Once again good morning everyone. Thank you so much for coming this morning. I think it might be appropriate for us to pause for a moment. I lost a good friend last night. Dianne feinstein was a friend of more than 30 years just an incredibly effective and extraordinary member of the senate and leader and we mourn her loss in more ways than i can articulate this morning. I thought we take a moment of silence in memory of dianne and ali for contributions to our country might be appropriate. [silence] for the past three years have been privileged to serve as the chair of the coalition. We are multisector Advocacy Coalition dedicated to ending deaths from seasonal and pandemic influenza. An ambitious goal and when we believe is achievable. Now maybe more than ever. Coalition members are a unified voice for the influence of the ecosystem including organizations dedicated to Public ....