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twitter polls qanon content and the co-vid about face. the white house expected to make sweeping changes in the vaccine rollout guidelines first up, though, jim, we re going to talk about corporate america s ongoing response and really the way in which this growing list of companies is changing the face of campaign finance. look, the more we learn about what happened wednesday, the more we understand that it was even more volatile of our principles as a nation one after another companies are realizing look, we have to stay away from anything that would fund an attempted coup, a push, an insurrection. that s how they view it, and they know that s going to al yen nate their customers i don t necessarily think there s high-mindedness here there s recognition that wednesday became a third rail, and political donations that go to someone or anyone that ends up supporting insurrection is notgood business yes, there are people at every company that actually feel with their h ....
comes with some of these medical breakthroughs that could yield perhaps advances that lead to people moving around, feeling more comfortable, boosting a little bit those stocks that have been most beaten down, morgan absolutely. when you re talking about reopening, you have names like disney that are moving forward with plans or some plans in florida, you have names like apple beginning to open more retail stores in the u.s. as well also crude is one to watch and carl just mentioned it, the fact that we re seeing a bid for crude. wti the june contract expires tomorrow and what a difference a month has made as you have seen production numbers start to come in and started to see some of the driving demand return as well gas prices at the pump up by a couple cents in the last couple weeks as more and more people are starting to come out as we start to see more of these reopenings, but, of course, longer term, as we continue to talk about over and over again, it s going t ....
include specific numeric targets for testing capacity, supply chain capacity and projection of shortages? thank you for that question and statement, senator is murray yes, we are, as i ve stated, we continue to have a work in progress as we build the testing capacity we have established the targets with the states of over 12 million tests over the next four weeks. we think those targets are going to be good in may and june, but as dr. fauci said, we really have to be evidence based. we expect those targets to go up as we progressively open as communities go through phase one and then into phase two, and certainly those numbers will feed to go up significantly again if the fall when we potentially have influenza circulating with covid yes, there will be targets the targets will need to change based on the evidence that we see, but we are highly committed to securing the supply chain we ve worked daily with every manufacturer and i m just pleased we re in may and june a ....
i m carl quintanilla with morgan brennan and jon fortt from various locations. dow session high was up 378 on a very busy day for earnings consumer confidence tumbling this morning a two-day fed meeting that begins, morgan to tonight we will get a look at starbucks, ford, alphabet, and other major companies. i think peter at advisory group hit the discussion, noting the reasons the markets had been optimistic, the rallies in recent weeks, improved testing capacity, hopes about treatments and vaccines moving forward, all bolstering some of the reopening plans in places like most significantly in the last 12 hours, texas plus what is essentially, speaking of the fed meeting, unlimited central bank support which is the key reason you ve seen the s&p come back it early october 2019 levels, but also, he notes that the economic envoorlt and how that s playing out in treasuries and high yield, the collapse in crude as well, is a very different scenario and given that fact an ....
good friday morning. welcome to squawk alley. we re at post 9 of the new york stock exchange jon fortt is off today ed lee joins us. a lot to get to tech took a item thbl morning. the nasdaq continues to slide amid that selloff that began in yesterday s session. the index set multiple record highs earlier in the week, mike. as we know, we hit critical levels on market cap on unit performance. nasdaq getting 28 year today. we were talking about jeff bezos being the richest man alive. i think also a couple other things working against tech which is this month the market has been inclined to sell the winners. the year to date winners are the worst performers this year and then earnings season, you ve had to have absolutely across the board blowout numbers to get rewarded on the first day. so you saw alphabet. you had a little pullback on generally good numbers amazon the same effect i think all that is causing people to wonder whether it s time to take some chips away ....