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To get into longterm investments and later on, a staggering stat that youve got to hear around netflix that stock continues to be bought as we all binge watch tv. We are going to get to all of that, but weve got to get to breaking news that is important on the virus, and it is also moving the market after hours. Gilead sciences shares they are surging on some very promising drug news. Lets get right now to meg tirrell with more on this big story. Meg . Hi, brian this is breaking news from stat news basically, they got a glimpse from one of the hospitals thats running remdesivir at the university of chicago. Essentially what they saw in video communication with the faculty members there is on the report of the Clinical Trial it sounds like the patients according to them are making rapid recoveries at least in terms of their fever and respiratory symptoms and reported nearly all patients discharged in less than a week this is not co ....
Exchange. This is where we bring you todays market moving news from all around the world. Frombeijing to beirut, istanbul to washington, our bloomberg voices are on the ground with todays top stories. We have chinese pmi numbers that beat expectations, a positive sign as the sectors improvement is crucial to stabilizing the chinese economy. Joining me on the telephone is beijing. s bureau chief how much encouragement should we take from these numbers . Reporter it was slightly higher than what economists expected. New orders also moved into expansion for the first time pointing toall signs that economic slowdown may be reaching a bottom. Looking into 20 20, we also have indications that Infrastructure Investment is going to increase, and hopefully some of that takes. Of course, if this socalled phase one trade deal with the u. S. Comes to pass, that will involve tariff rollbacks, which will also be a boost for exports. ....
Jack welcome to baer robs round table barrons round table. Im jack otter. Higher rates could be here to stay. A chief economist will react to the blowout march jobs report, plus why hes been saying rate cuts are not coming at all year. Then the retail night if mare that jack howe has labeled underpants armageddon. You heard it here first. Then the Surprising New snack coming to mcdonalds. We begin with our expert panel and three things investors ought to be thinking about right now. On the barrons round table, ben levisohn, teresa rivas and jack howe. So, ben, the market was down this week, but you say it was misunderstood. It was down for a different reason than most people think. Yeah. I mean, if you just looked at how the market did, the s p 500 was down about 1 , its worst week since january 5th, and then you looked at the jobs that data that we got on friday, 303,000 jobs created, a lot more than expected, you would have thou ....
Jack welcome to baer robs round table barrons round table. Im jack otter. Higher rates could be here to stay. A chief economist will react to the blowout march jobs report, plus why hes been saying rate cuts are not coming at all year. Then the retail night if mare that jack howe has labeled underpants armageddon. You heard it here first. Then the Surprising New snack coming to mcdonalds. We begin with our expert panel and three things investors ought to be thinking about right now. On the barrons round table, ben levisohn, teresa rivas and jack howe. So, ben, the market was down this week, but you say it was misunderstood. It was down for a different reason than most people think. Yeah. I mean, if you just looked at how the market did, the s p 500 was down about 1 , its worst week since january 5th, and then you looked at the jobs that data that we got on friday, 303,000 jobs created, a lot more than expected, you would have thou ....
Jack welcome to baer robs round table barrons round table. Im jack otter. Higher rates could be here to stay. A chief economist will react to the blowout march jobs report, plus why hes been saying rate cuts are not coming at all year. Then the retail night if mare that jack howe has labeled underpants armageddon. You heard it here first. Then the Surprising New snack coming to mcdonalds. We begin with our expert panel and three things investors ought to be thinking about right now. On the barrons round table, ben levisohn, teresa rivas and jack howe. So, ben, the market was down this week, but you say it was misunderstood. It was down for a different reason than most people think. Yeah. I mean, if you just looked at how the market did, the s p 500 was down about 1 , its worst week since january 5th, and then you looked at the jobs that data that we got on friday, 303,000 jobs created, a lot more than expected, you would have thou ....