The consumer staples, bottom fishing on companies and may think have gotten oversold. Companies could benefit from the work at Home Movement which is encapsulating this entire globe. Walgreens, have got walmart and costco among the gainers in the staples space. Theee another winner in dollar. Everyone is flocking to the dollar, the dollar index rising for a seventh straight day, claiming to an alltime high. The biggest loser against the dollar among the g10 currencies appears to be the pound. Romaine yeah. Scarlet lets look at todays market action. We will bring in our live reporter and one of the new voices. What have you been watching . Reporter oil markets were catching my eye. Wti, 14 in in brent. What is moving this action . It is a risk off water market story. Pressure oil as well and youre seeing all of this action move off of the official order from the Energy Ministry to saudi aramco to 12. 3 Million Barrels keep but as for the next coming month. That is how the indication is
The s p 500 down deep in the red down 5 . Fox Business Team coverage. Blake burman is at the white house where the president is currently meeting with nurses on the pandemic. Kristina partsinevelos on the floor of the New York Stock Exchange. And chad pergram is on capitol hill. Were going to start with blake. Reporter hi, there, we had known for about a day now that the Trump Administration had been potentially eyeballing a trillion dollar stimulus package, bailout package, whatever you want to call it. Now we know what they are thinking of, how that trillion dollars might be divvied out. According to a Treasury Department document 50 billion would go towards the airlines. 150 billion would be in loans to critical sectors of the economy or what is deemed as critical sectors of the economy. On top of that, there would be 300 billion in Small Business loan guarantees, and, there would be 500 billion in direct payments to americans. Half on april 6th. Half six weeks after that, on may 18
Front lines in our war against the Global Pandemic and its been something, but were winning and we will win. Its a question of when and i think its going to go quickly. We hope its going to go quickly. I think we all agree. Were glad to be joined by vicepresident mike pence, secretary alex azar, dr. Robert redfield and dr. Deborah birx, thank you for being here. Were using the pull power of government in response to the chinese virus. I declared a state of emergency in disaster release Funds Available which we can use to assist hospitals which as you know we need. I asked states to set up Emergency Operation centers, and hospitals who activate emergency plans and theyve been fully notified. We are urging hospitals to cancel all elective medical procedures, my emergency declaration, allowed nurses and doctors maximum responsibility to respond to the violence and through telehealth nationwide, which is really becoming a big stuff, telehealth. It makes it a lot easier for patients and rea
Been with the Department Less than two years. The garafola was a father of four. He grew up on these streets. Charles cavaliers nephew, 32yearold officer Montrell Jackson was also killed in the ambush sunday. He was big in stature, 63, 240, but i was a big baby. You couldnt help but like him if you knew him. Reporter on july 8, following the Deadly Police shootings in baton rouge and minnesota and the attack in dallas that killed five Police Officers, jackson wroelt on facebook that he was tired physically and emotionally. I swear to god, i love this city, but i wonder if this city loves me. In uniform, i get nasty, hateful looks, and out of uniform, some consider me a threat, he wrote. The city must and will get better. His words seem so pro found r fou what do you think he symbolizes now . Someone who wanted to do what was right. He loved his family and community. He wanted to be a policeman. Reporter he also wanted to be a father. It happened just four months ago. The chief trained
This is your skin. This is your skin in the sun. The sun ages your skin and can cause skin cancer. Police in baton rouge, louisiana say it was an ambush. Three officers shot and killed, three others wounded less than two weeks after two white, batten rouge cops shot and killed alton sterling who was black. David begnaud is in batten rouge and reports that the gunman was well armed. Reporter this was the shooter gavin long caught on surveillance tape. Today Louisiana State Police Released stilling. Long was wearing a mask, dressed in all black and walking with an arstyle rifle. Colonel, do you believe that this man was specifically targeting cops . Absolutely. Cold, calculated, articulate in his manner. Reporter describe that rifle in the sling he had to me. It was almost conformed to his body. The sling that was around his hip and his shoulder. It was almost fixed to his body to where when he had a chance to grab it and put it in action, its all right there. Steady, focussed, deliberat