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21. 5 Million People lost their jobs in april. Oil prices have also been higher last check of wti saw it just above 24. Thats a began of about 3 that link between oil and stock market futures has been strong too. It has been very, very strong it is interesting. It has been strong on the way up the question is was it strong on the way down it is interesting to think what has been driving what . It has been stuck here. It is up 11 the next morning it is 26 and then 23 again. At the end of the session, it seemed to go back. Weve been holding at 24 24, 25 that seems to be enough. These futures are up 250 points every morning. At the end of the day, weve given it back. We are up to 250 again are you kidding me, china, if we are being nice about trade, thats enough to send the markets up again we are back to that . At least it takes the threat off the table. If you start adding tariffs on, i wonder what happens. Earlier this week, all o ....
To go through. Jackie deangelis on the floor of the new york stock exchange. Chad pergram has plenty of news on capitol hill well get to. First Hillary Vaughn live at white house. Hillary . Reporter connell, treasury secretary Steve Mnuchin says he wants to put cash in peoples hands, as part of a economic stimulus package tied to the coronavirus crisis. Meeting with senators on capitol hill asking for 200 billion for these Cash Payments would be a check or direct deposit, saying he wants to get cash into peoples hands in two weeks. I asked secretary mnuchin if theyre looking boosting the Restaurant Industry in addition to airlines as part of an Economic Relief package. Mnuchin says they will be rolling out ....
Biotech stocks. And lets get a look at the markets. The averages are down but not much. Nasdaq is the lowest of the three majors down about 30 10. And s p is about flat. And the dow jones is down about a tenth of a percent. There was an antitrust investigation launcheded into the company but we are seeing a lot of other speculative stocks soaring as money is chasing anything with a. I. In its name. Big bear a. I. And sound hound are up 60 this week. It is only wednesday. Beyond meat is soaring as the company unveiled a turn around plan including cutting costs and raising prices. Bit coin crossing 63,000 today, First Time Since late 2021. A lot of people are looking at the 69,000 alltime high as now a real possibility. 61, 416. Lets bring in kate rooney for more. Bit coin is back near the alltime high. Crypto in general tends to be a barometer of risk out there. You are seeing some momentum in chasing stocks as analysts at gladst ....
The same again worth of media. Its a really busy Little Corner of edinburgh thats waiting to see what is going to be happening, what is going to be said. And obviously the huge expectation is that humza yousaf is going to resign and we are going to head into that crucial 28 day period where scotland, scotlands national party, needs that new leader and certainly a few names already. We havent even had the statement yet , and even had the statement yet, and already were hearing a few names. The likes of john swinney, who is Nicola Sturgeons deputy first minister. Weve also heard angus robertson, who is obviously one of the more established snp members up here in scotland, and then of course , kate forbes. She then of course, kate forbes. She had a crack last time. She just narrowly missed out to humza yousaf. But indeed, afterjust 13 months, we are now likely to be seeing the e ....