Markets pointing to lower opening. Major averages. Take a look. The nasdaq lower by 65, the s p lower lower by 34 after the markets rallied last week, the dow, nasdaq and s p 500 second straight week of gains with market up on the session as you can see about 2 higher on the dow industrials for week. Oil prices having a rough morning, take a look at this. Taking a steep dive as the coronavirus slams demand. Crude oil now at 13. 54 a barrel. Holding china responsible, questions are swirling this morning about the origins of the virus. Chinas lack of transparency. Congressman andy barr to investigate chinas handling of the pandemic. Mornings with maria begins now. Noble markets look like this. Germany taking a step with reopening the economy. Some stores. The white house is allowing some companies to delay payments of import tariffs if they can demonstrate significant financial hardship, tariffs on chinese goods are not included in the interruption of the white house tariff program. In a
Of people across our urban communities not only for being with us today for the way they have partnered with our ministration and partnered with state and local officials to put the health of all of their constituencies 1st as the president mentioned will you receive a report that our task force received to formally this week from bill bryan of the science and Technology Directorate at the department of Homeland Security he will outline as the president said encouraging news about the impact that heat and sunlight have on the corona virus which will increase the confidence that we feel about the coming summer on the subject of testing at the present moment we have reports d of 4930000 tests having been performed across america and encouraging news as d states have been engaging commercial labs at a higher level across the country yesterday our commercial lab system did more than 100000. Yes in a single day so were beginning to activate all d of the capacity and tomorrow at the presiden
Yesterday down 86 points at 4 00 oclock on wall street. More help for Small Businesses and hospitals on the way. The senate did pass the 484 billiondollar coronavirus aid deal last night. House is expected to vote on this tomorrow. Meanwhile the white house is looking ahead to additional stimulus packages. We will talk about that. President trump to sign executive order today temporarily banning immigration to protect american jobs. The cdc meanwhile is out with a dire warning this morning saying there could be a second wave of coronavirus and might be even worse than what we are dealing with right now. That coming in the fall. More people stuck at home turn to streaming. Adding 16 million subscribers but warned that the level of growth probably will not continue as lockdown across the globe start easing up. The stock is down 188. More earnings on top this morning including at t and Delta Airlines, all that coming up. Mornings with maria live right now. Maria Global Markets look like t
Level iv Super Laboratory that researches human infectious diseases. Now we dont have evidence that this disease originated there, but because of chinas duplies it and dishonesty from the beginning we need to at least ask the question to see what the evidence says and china right now is not giving any evidence on that question at all. Maria we will hear from two people this morning who warned the white house and the world back in january, that the coronavirus could become a Global Pandemic of catastrophic portions, Peter Navarro and steve bannon are here and also ahead senator tim scott on part partisan grid lock on funding Small Businesses what will happen this upcoming week, senator John Barrasso also here, a medical doctor himself on how the country can safely reopen all that and a lot more as we look ahead right here right now on sunday morning futures. And china coming under intense scrutiny this week amid mounting criticism of its early response to the coronavirus outbreak. My fi
5. 1 Million People filing for unemployment in the last week. We have the numbers and full amounts this morning. Ahead of the numbers, futures pointing to gain at start of trading, take a look at futures, 100 points on dow industrials, s p is up 15 and nasdaq higher by 72. This after worse than expected news yesterday in resail sales and disappointing earnings led to selloff in market. Dow industrials down 445 points. Nasdaq down 122 and s p was lower by 62. Earnings season rolls on. This morning more banks on tap. Weve got all the numbers you need to see this morning as we ahate Morgan Stanley, blackrock among others. Plus the origins of the coronavirus. More focus this morning turns to a lab in wuhan, china. Something ive been highlights for several months now. Mornings with maria begins right now. Global markets this morning look like this. Cac quarante in paris is up 28 and germany taking steps to reopen its economy and Angela Merkel announcing some stores can reopen next week and