All week, weve been introducing you to the changing industry today. We are talking energy. Worldwide exchange begins right now. Good morning, good afternoon, good evening wherever in the world you are watching starting on the high note. Dow futures up about 150 points right now. On the first win streak in a month. Now today, what we call a quad rupa witching friday what does that mean . The singlestock options, futures and index options and futures. Why should you care . When all those things expire it is often associated with extra volatility just something to watch. Didnt narrow a bit. The same as they were at 10 at 0. 72 green arrows in asia overnight chinese stocks up and early trading we are seeing green on the screen to round out their weeks. Germany, france and uk all higher by just under 1 right now. In trade news, there is a report this morning that china plans to accelerate the purchase of u. S. Farm goods to meet the requirements with a trade deal following talks about top d
Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the oil market. Stocks, they are going up, too. Reopening is popular with investors. Look at this. Lot of green, lefthand side of the screen. The dow is going to be up about 300. The s p up 36 and better than a 100 point gain for the nasdaq. Yeah, tuesday, may 5th, a positive tone today, if you ignore the everwhining media. Varney company is about to begin. Stuart lets get right at it. We will bring you an update on the reopening of the country. California and new york, both outlining their plans.
Its part of the comprehensive plan to deal with the homeless crisis, and says she has received positive feedbacks from players in the cruise ship industry. They could provide rooms for a thousand people very quickly, and the magnitude of our homele homelessness crisis requires a broader response than what we have seen before. Before they Start Talking about putting a bunch of homeless folks on a boat in the middle of the bay they should enforce whats already been passed. Reporter homeless advocate nita bee says kaplans heart is in the right place but the city Council Passed a measure to use city land to build tiny housing, and that has not happened, maybe they should concentrate on that. Back here outside oakland city hall, we reached out to the port of oakland for their reaction to this idea, and it would be an under statement to say theyre not that crazy about it and there are several reasons for it. One of them being they dont have the facilities for it. Well expand on that on our s
Mojave desert on my way to the tiny town of baker, california. Its halfway between los angeles and las vegas. Just a tiny dot on the map 800 people. It embodies the weirdness of both those cities, and its largest attraction, definitely its tallest, has become one familys rather strange inheritance. My name is larae harguess, and my father, Willis Herron, set out to build the worlds tallest thermometer. Hi. Im jamie. Hi, jamie. Im larae. Nice to meet you. Its big. It is the worlds tallest thermometer. Well, if someone figured this roadside attraction would get you to stop and gawk, it sure as heck worked on me. Hi. How are you, janice . Im jamie. Hi. Nice to meet you, jamie. Today, larae and her sister, janice neisess, run a gift shop in the shadow of the tower. They sell thermometer tshirts, thermometer hot sauce, even thermometer thermometers. Yes, this really is the worlds tallest thermometer. And it would be strange enough just to inherit a 130foot thermometer in the middle of the d
Jamie i am jamie colby, i am driving through the Mojave Desert on the way to baker, california. It is half way between los angeles, and las vegas. A tiny dot on the map, 800 people. It am bodied weirdness of both those cities and largest attraction is tallest. As we com has become one familis rather strange inheritance. I am lore a har guess, my father William Haren set out to build the worlds tallest thermometer. It is big. It is the worlds tallest thermometer. Jamie if someone figured this roadside attract would get you to stop, it worked on me. How are you, i am jamie. Today, they run a gift shop in the shadow of the tower. They sell thermometer tshirts, and hot sauce, and even thermometer, thermometers, this is really the worlds tallest. It would be streufpblg enough to strange enough to inherit it in middle of desert. What is remarkable is the mission they took on after their father died in 2007. I tell her husband bill, i am ready for a challenge. Ive been training to climb to th