Which prevent michiganders crossing the street to visit family members. No relaxation of the social distancing rules from President Trump. Hes considering extending the keep your distance regulations into the early summer. Then theres this. Antibody tests that show far more people have been through covid19, three million in new york state, 20 of new york citys residents have had it. That means the fatality rate, the number of people who died from the virus, comes way, way down. Interesting. Quickly to the markets. Not Much Movement at the open today. Orders for durable goods in march down 14 , yeah, thats bad but it was expected. The dow is going to be up 193. I call that little movement. How the times change. We will be back to 23,500, big gain modest gain for the dow, nice gain for the s p and for the nasdaq as well. Look at oil, staying at low levels. We are looking at 17 a barrel. In the absence of demand, we are still not driving very much, we are running out of places to store al
The fda giving the green light to one of its power drugs. Power lunch begins right now welcome to power lunch. Take a look at this record rally. All three major indices hitting new highs. The s p and nasdaq also higher and she can out the semiconductor. The smh tracked the group up more than a percent. Well have more on that, later thank you very much. Two trade deals in one week. It was supposed to quite all those trade concerns but some are now questioning the feasibility of the deal with china and now mexico has objected to some of the terms of the new usmca. We are joined from washington. Mexico said its a deal breaker that the white house and democrats agreed to put monitors on the ground. The u. S. Trade representative in a recently released statement saying the five attaches will be no different than those already representing other agencies there saying these personnel will not be labor inspectors and will abide by all relevant mexican laws and those issues will be conducted by
Disney, of course, as you heard by now, buying various assets of 21st century fox in a deal worth dl more than 66 billion when you include the debt david faber broke the story weeks ago that the two companies were in talks and lo and behold, its soup now. Congratulati congratulations. Thanks. We were reminiscing about the various deals youve broken over the years. Yes, you and i go back to my first big one, British Telecom and mci. 2 22 billion deal in inflation . Exactly that got to the finish line on this one, bill a lot of talking going on between disney and fox and also our Parent Company, comcast and fox. Thats sort of where we want to begin today as we head toward the later parts of the day comcast did compete vigorously for these assets people close to the company indicate, or people close to all the companies involved, that being the people who were advising and so forth, indicate that the bid from comcast, in fact, did have a higher value than what fox accepted from disney we
At odds with the president elect. And the handling of the email investigation, is that james comey the left is trying to spoil and disrupt the 45th president s celebration. The media will concentrate on the disrupters, watch out. Yesterday a bizarre confrontation between Elizabeth Warren and hud nominee ben carson. She suggested that trump would benefit from housing. An attack on the integrity. No other president elect has been subject to such contempt and its not going to stop. America as a whole, this is very much my opinion, does not share this sour mood. Consumer confidence is way up, Small Business optimism surging and investors pouring into companies and mr. Trump going offer the heads of the media with another flurry of tweets. Sour mood, not here. Its friday. Varney company is about to begin. Were looking like were going up at the opening bell, not much, but a little bit. 10, 15, 20 points higher. Here is the story thus far in money. Beg banks reporting profits. Look how they p
Michelle griego. Doctor david dao will require reconstruct surgery and the incident will probably result in a lawsuit according to david daos attorney, who says patent owners deserve to be treated with respect. Forget the law firm at that requires common decency in the treatment of passengers, but just street us with respect. Make us feel like you care. I hope he makes a full and complete recovery. That is the hope. But the fact of the matter is, these elements of damages the Airlines Need to be aware of. Because if they continue to physically abuse us, thats going to be problematic. The doctor was released from the hospital last night. He suffered a concussion, a broken nose, and lost some teeth. His daughter told the media that her family is shaken up. What happened to my dad should never have happened to any human being regardless of the circumstances. We were horrified. And shocked. And sickened to learn what had happened to him and to see what had happened. We hope in the future,