Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Cnbc im becky quick with joe kernen and Andrew Ross Sorkin the market has come under significant pressure this morning. And the nasdaq off by 143. Its all coming this morning a rough week for wall street 5. 5 that was the worst week since march 20th and all three are coming off of their biggest weekly losses and last month after last week. The dow and nasdaq for the month of june would be down with the projected losses that were looking at this morning. S p is already down for the month of june. Also keeping track of the treasury market this morning lets take a look at that. Treasury yields yielding 0. 08 crude oil prices under pressure this morning too this is a sign of how much is anticipated in terms of a come back not only here in the United States but around the globe and right now wti down about 55 cents. Still trading 35 though at 35. 71 andrew. Thank you, becky. I hope everybody had a great weekend despite some of these losses that were looking at in the market i want to start
And several bay area counties have loosened stayathome orders. That means thousands of people will be back to work starting today. Were talking about construction sites, nurseries, and real estate transactions that will be allowed if social distancing rules are in place. Some day cares and summer camps are now limited to 12 children. Retailers are now having to follow those new rules to show a home if the showing this is for a home, if the showing is virtually not feasible. Inside of San Franciscos premier office towers, managers have been organizing how construction crews will be able to work under those modified conditions. How you queue elevators. You can only get three or four people in an elevator, to practice social distancing. So theres definitely going to be challenges around that. If you are unsure what reopening is happening in your area, check our website, nbcbayarea. Com. And anyone looking to enjoy outdoors in San Mateo County must now stick to that tenmile right now on ca
Repeatedly cited, now says most of the country should not consider living stai at hoim orders until the end of may. The new model comes as protests to reopen are growing, and just as some southern governors are already loosening their restrictions. Meantime tonight, the scientists in charge of coordinating the government search for a Coronavirus Vaccine says he has been abruptly ousted from his job because of what he calls politics and cronyism. Dr. Rick bright, the headave littleknown agency called barda, says he was sidelined after refusing to push for what he calls ondemand access to hydroxychloroquine. That is the drug that President Trump has repeatedly mentioned as a treatment for covid19. Covid19, even though it hasnt been approved for that use. Now, all of this as the death toll in the u. S. Has now passed 46,000. Our team is covering all of the breaking news tonight. Cbs mola lenghi leads us off tonight in the epicenter of the outbreak, new york. Mola. Reporter well, norah, no
Dr. Fauci. Kate, good morning. Online. Wheres the beef . Its almost like paper good morning, guys. Before coronavirus we used to voting that idea can be applied to new cases of the virus closing other areas where its more talk all the time about the Meat Processing plants secure and efficient in make Opioid Epidemic in this country. Strange way. What it means for the nations browder says its already now imagine china battle an food supply. Obama endorses. Helped newly Unemployed People opioid addiction or alcohol or any Substance Abuse disorder at a time when you cant leave home joe has all the qualities we this woman laid off at 15 years need in a president right now. At the four seasons in las barack obama throws his weight behind joe biden, never vegas. Mentions trump by name but takes and cant go to a group meeting. She was struggling to apply for one community in ohio as social distancing is dragging on, they plenty of swipes. D are finding a way to help those benefits. In recover