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Government in this coronavirus pandemic and efforts to combat the pandemic. He also discusses the political situation in hong kong and taiwan. [applause] premier li fellow deputies, on behalf of the state council, i will now report to you on the work of the government. I ask for your deliberation and approval. I also ask members of the National Committee of the cppcc for their comments. The covid19 epidemic is the fastest spreading, most extensive, and most challenging Public Health emergency china has encountered since the founding of the peoples republic. Under the strong leadership of the Central Committee of the communist party of china with comrade xi jinping at its core, and through the hard work and sacrifice of our entire nation, we have made major strategic achievements in our response to covid19. At prese ....
In mass. The speed record is four years for mumps. Moderna uses Artificial Intelligence by the way, fueled by Amazon Web Services to speed up the Drug Delivery and discovery process their covid vaccines are already going to phase two trials, shooting for phase three this summer thats incredible. Thats much fafster than anyone believed a long time ago that would change everything how many ifs . Mighty big ifs, too the rally gives us a glimpse of what the future may look like if moderna works with the dow up 211 points [ moo s p climbing 1. 1 and the nasdaq 1. 4 hallelujah. At least thats the Glass Half Full version of what happened today the world view says you have to ignore tomorrows hideous nonfarm payroll number at 8 30 because thats in the rearview ....
Here it is, word for word, quote, trump says china may or may not keep the trade deal, end quote. That sent stocks into the close. Check out the move on the nasdaq, for instance it was up big for most of the day and the sharp slide in the final moments of trade ditto for the s p 500. So guy adami, is china back in play here . Is this the next big risk factor for the markets . Yes, and before i get into great detail, i have to wish tim seymour, as he power pitches today, a very happy birthday just wanted to get that out. Happy birthday, tim seymour what was that very kind thank you. Yeah. I absolutely think this is a big deal and we started talking about it last week, and not in terms of their trade deal or where theyre going to keep their end of the bargain and in terms of some of the rhetoric coming out of the Trump Administration what im commenting is the rhetoric seems to be getting louder and in no way, shape or form is ....
Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mixed messages. President trump says georgia is reopening too soon. He says he strongly disagrees with georgias decision. However, he will still leave it up to the states. Heres a positive. The Field Hospital built specially for virus patients in houston, texas, may be dismantled, not needed, underused. Lets get to the markets. First im dealing with oil. Look at this. Moving back up a ....
Notably russia, and surely it puts a crimp on the future of electric cars. Look at it this way. Why buy electric when a gallon of gas on average now costs 1. 81 and likely to fall much lower. In wisconsin, the average is all the way down to 1. 22. There are some places where its below 1. We will bring them to you. Its a big negative for the stock market. The dow industrials are going to open down 500 points. Thats roughly 2 . The s p down 1 . The nasdaq down 1. 93 . The oil crash really hurts stocks as well. Every energy stock is down. The airlines and the Car Companies, they cant cash in on cheap jet fuel and gas because people arent flying and theyre not driving. Where is the additional help for Small Business now that the first rescue package has run out of money . As of right now, it has not come through. Treasury secretary mnuchin negotiating with democrats over the weeke ....