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Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cruise or attend live nation concert. The streets roared theyre compressed springs given how far theyve crashed, i think theyve got more legs to them hey, if i were a Hedge Fund Manager id do these stocks by tradein state by state openings if i were an investor like you, i would let th ....
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 ....
255,000 people now dead. China hits back at u. S. Criticism saying the Trump Administration is lying. U. S. we are seeing futures flat at the moment after stocks gained for two consecutive sessions. We have seen sentiment being boosted as economies move towards easing the lockdown, cautionary comments from fed officials cutting the gains in half. Health care, utilities and games cut in half area energy was a gainer. Look at wti, adding to the gains of the regular session in new york. It had gained 20 , at the moment above 25 a barrel, the highest in over two weeks and the longest winning streak in nine months. Production is starting to ease. Walked up being felt across markets. Lockdowns being felt across markets. Wedi there is the sense dont know what is going on and price this market we are seeing . Lets get over to our next guest. Times,e unprecedented earnings for the companies that are still giving earnings, is pretty u ....
Next for oil stocks kiging off in the red theres more than 750 cases 5 750,000, i beg your par doon well talk about that and more as we kick off this hour we kick it off with the markets in terms of Stocks Holding steady as energy is in a free fall. Its the story of the day. It will be the story of this hour lets get to bob with the set up for these markets. Bob. The important thing is we are well off of the lows. Industrials weak Consumer Staples are weak. Were not getting any bounce at all from those defensive plays that done so well for us in the last several weeks like proctor, cocacola. Not much energy there today. One good piece of news, the banks after a rather rough week, the etf bouncing about 6 from its high to low. The key regional banks are trading up most of them were trading to the down side. Finally, just on oil, had a lot of inquiries about uso and all these ....
1st military reconnaissance satellites also more heavy rain and flash flooding turned the southern yemeni city of aden into a disaster area and well look at a u. K. Report bringing focus to the severe impact the pandemic is having on many young and vulnerable minds. So the u. S. Senates approved nearly 500000000000. 00 in extra aid to help businesses and hospitals during this pandemic the house of representatives will vote on it on thursday it would be the 4th such package since the crisis began meaning a total of around 3 trillion dollars mike hanna has more on all of that from washington with many senators working from home the boat with take them by voice all in favor say aye. All pose no. Yeah its fair to have it this follows intense negotiation between the white house and congress in recent days at the core of our remit is 320000000000 more for the Paycheck Protection Program which is already saving millions of < ....