On cspans q a. Next, a hearing to examine the issue of College Athlete compensation. The Senate Health education and Labor Committee heard from College Athletic programs about how athletes could be compensated for their name, image, and likeness, which organization should oversee these decisions, and what implications it could have on the student athlete model. This is two hours and 15 minutes. [inaudible] good morning. The committee will come to order. There is no room for the public. The press is covering it as a pool. You can watch this on streaming or there will be an unedited recording that everyone can watch. All of our Witnesses Today and some senators are participating by videoconference. I would like to Say Something about masks. The office of attending physician has advised that senators and witnesses may remove their masks to talk into the microphones since our chairs are six feet apart. Thats why my mask is off when im not back here. Im grateful to the rules committee, the
By the way, twitter is among many of the names dragging the markets lower as we head into this final hour of trade. Worries over spiking coronavirus cases and hospitalizations in nearly every state are drenching the bulls right now. As i said, dow jones 267, thats pretty much close to the session lows. Same with the s p and nasdaq. We do have a loss of 117 points on the nasdaq. As covid cases spike, many restaurants have been forced to flip the script along with the burgers, as hot spots close dining rooms that have recently just reopened. How are they doing that . Some just throwing up their hands but not the ceo of one burger chain. Hes here to tell you how hes dealing with moving goal posts that are pretty much moving every five seconds. Look at this. This is really worrisome. Water pouring into new yorks lincoln tunnel. Another example of the nations crumbling infrastructure. President trump has been complaining about this for years and now he is cutting reams of red tape at a reco
Bedeviled the world and this could be a sign they had been long waiting for. Hope springs eternal here and you obviously need something beyond just phase two trials that look promise. Well get into that with a top doctor. Meantime look what is going on in wall street here and why everything is looking green thus far. Jackie deangelis on that. Hey, jackie. Reporter good afternoon, neil. Everything is green as you said. Moderna seeing a huge pop on this news today and the dow is up more than 800 points and the point here is weve been talking about therapies, weve been talking about treatments but there is Nothing Better in terms of reopening the American Economy than a vaccine that would prevent people from getting the coronavirus. That is why you have this kind of optimism today. Now this was data from a phase one trial as you mentioned. So it is still very early here but it does mean, that the company can move forward. It is saying the goal to get to phase three in july. If everything
We will bring you those numbers as soon as they get the hit. They may very well impact markets. We will look ahead to jobs number coming up. Job losses could hit 47 million and Unemployment Rate could surge to 32 . Jim bullard is here later this morning, more on jobs, action by the Federal Reserve and what if any rebound we can expect from the crisis. Interview coming up at 7 00. President Trump Pushes Congress to pass 2 trilliondollar infrastructure bill now to help boost the economy along the road to recovery. The president says the bill willing very big and bold. Meanwhile this, the death toll in new york city has surpassed 1,000, mayor bill de blasio joining the call for help as more makeshift hospitals are created. This as more states go on lockdown this morning, mornings with maria is live right now. We want to check Global Market s. Dax index in germany lower by 277. Factory activity in italy contracting at the fastest rate in 11 years. 40. 3 and french factory activity calling
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