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Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the pandemic and the numbers we bring you every morning about where we stand heres where we do stand global cases now are at 2. 9 million. In perspective, cases in the United States are at 965,000, closing in on 1 million. 288,000 of those cases are from new york state with another 109,000 of them in the neighboring new jersey yesterday new York Governor Andrew Cuomo outlined th ....
Walk us through the day. Romaine two things. First, it started with all eyes on washington, waiting to get that almost 2 trillion stimulus package. Summoning some encouraging some some encouraging signals from leaders that this was being worked out. Then we could potentially get a vote today in the senate. Then, it would go to the house. We had the president about effectively reopening the economy by easterday in the u. S. , less than three weeks away. A lot of people took that as an encouraging sign that Economic Activity would at least start to normalize. We saw the s p rally big time. The dow jones had its best day going back to 1933. I know none of us are old enough to remember what was going on in 1933. On that date we had the big rally in the dow, that was just two days after we had that first fireside chat from fdr and he sort of put some optimism back into the economy about what the government was going to do. We are se ....
But we still saw a higher climbed by the end of the day. That run is continuing here. It is being fueled in part by earnings we have been seeing, being fueled in part by higher rates. It is a positive week for the s p 500. In fact, not just this week, but it has been on a sixweek run of gains. Some of the game, as you can see, have been modest. This is the longest streak we have seen in about three years. A streak of weekly gains that we have seen in about three years for the s p 500. Some of the movers we are watching today include materials companies, Building Materials specifically. We have seen lumber prices and prices for other types of Building Materials rise recently. We also have existing home sales data today that came in ahead of estimates. Mark arrieta of Eagle Materials , eaglein marietta materials, ....
Now . Such a terrible question and the phraseology. I didnt lie. What i said is we have to be calm. We cant be panicked. Of course i did. The flu and you went out and told the American Public that this was just like the flu. Let me tell you something else. Five times. Five times. You ever hear the expression five times. Weve had flu years where we lost 100,000 people. The flu is a very serious problem for people also. Scott, what kind of a number have we lost over the year with flus . Into the hundreds of thousands. Well, i mean, the last five years have been Something Like 35 to 80,000 per year, every year even with antiviral drugs. This is worst deadlier than the most strenuous flu and you went on to say its just like the flu. What i went on and said is very simple. Listen, what i went on and said is very simple. I want to show a level of confidence and i want to show stre ....