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Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors l ....
Blasio said the city has not ruled out shining down the subway system. Hes going to give us our rickshaw rides. It is the biggest such system in the nation. They also said the disease could be around until september according to the cdc. There are more than 550 cases in the united states, we are told there have been 206 deaths, many of them at that nursing home in washington state. Fortunately, 14 states is not yet have any cases that should alter their borders. But rather than working together, everybody is pointing fingers including Senate Minority leader chuck schumer. Rather than spend the week in washington to grip on the crisis, the president was once again golfing at maralago. I dont want to guess at the number of times this president has criticized other president s for doing the same thing. The federal governments initial response to the coronavirus was slipshod at best. It has greatly hurt the country, and it falls at t ....
Brandnew high right there and the nasdaq, poised for another 30 , 30point gain, 9,000, getting close to 9,300 actually, the latest rally very well received the china trade deal, signals new economic relationship between worlds two biggest economists, formers, manufacturers, Tech Companies and they all get help with this and the economy likely insulated from my threat of recession this year. Theres more trade help on the way for the market as well, Mitch Mcconnell says the senate will pass usmca legislation at 11 00 oclock eastern time this morning, so in a matter of days, america concluded deals with four new partners, mexico, canada, china, japan, all good stuff and theres a lot more to come, here is a tease for you n a moment you will hear exactly what senator warren said to senator sanders in the Heated Exchange rig ....
Ladies and gentlemen please Welcome Supreme Court associate justice to one Justice Gorsuch. [applause] good evening everyone i have the honor of being executive director of the resident Ronald Reagan institute. Thank you for coming this evening in honor of the men and women in uniform please stand and join me for the pledge of allegiance i pledge allegiance to the flag of the United States of america. Into the republic for which it stands one nation under god indivisible with liberty and justice for all. And before we get started i like to take a moment to recognize to begin with the board of trustees pete wilson and his terrific wife gail. [applause] from North Carolina former congressman retired but jus ....