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Time now for our top market moving news from our new york team. Joining me Bloomberg Opinion columnist brooke sutherland. What were some of your Key Takeaways . Brooke i think what is interesting is target talks about First Quarter comparable sales being up, but nearly all of that was from digital. Digital comparable sales were 141 in the quarter. Those sales come at a cost. They are more expensive. The natural supply chain dynamics of delivering products to homes rather than having them purchased instore is more expensive for target, so you are seeing that market squeeze. Clothes,rent buying where target gets more of a higher profit margin. They were buying food any essentials. Is this a structural shift . Are people getting so used to ordering online that they will continue to order these items . They did also callout ....
Antibody tests. Good morning, good evening at everyone. I hope you are safe at home. Our thoughts are with you, and together we are stronger. Yesterday, or two days ago, we had that huge swing, that huge impact that we saw with negative prices on wti. It is now filtering through the brent. We are nowhere near negatives, but if you look at the price action, it has been pretty brutal over the last 24 hours. Selling pressures definitely intensifying. Wti downok at brent, more than 4 . Lets get to bloomberg first word news in new york city with viviana hurtado. Viviana hi, francine. Here in the u. S. , finding a new pandemic relief package totaling 40 484 billion, including some for the paycheck protection program, to help Small Businesses keep workers on the payroll. The money will also go towa rd coronavirus testing. Donald trump says he will suspend illegal immigration to the u. S. For at least two months to help americans out of ....
Matt miller in berlin. Lets check in on whats going on in the market. We do have gains across some european indices, right now you can see the stoxx 600 up. 2 , the broader European Index is gaining. The dollar is also strengthening against the yuan, you can see one dollar now buys 689. 71 offshore, and the pound is weakening. You can see it down 123. 38. As we get closer to the possibility of hard brexit or new elections, investors continue to sell sterling. Now to the first word news with Viviana Hurtado in new york. Chief executive carrie lam has condemned the violence in her first News Conference on the city since the end of british rule. Fresheclaration follows demonstrations with Police Firing tear gas and rubber bullets at protesters. This week, u. S. China ....