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The dow futures down 448 points. Down almost 2 . S p better than 2 , nasdaq lower by 225. 2 and a half percent there as well. Strong showing in april despite losses yesterday, the dow, s p 500 posting largest monthly gain in 33 years for month of april. Oil prices are still down this morning sliding again, take a look, this morning more on the impact, low prices and decline in demand are having on big energy. Oil now 39 cents, better than 2 . I will be speaking this morning exxon mobile and chevron will be reporting and we will speak with the ceo of chevy robe coming up. Amazon with jump in sales but seeing profits fall as cost of doing business of the pandemic rises. Could post First Quarterly loss in 25 years. More bombshells, more unsealed documents reveal the fbi was moving to close the investigation of Michael Flynn back in january of 17 before agent peter strzok stepped i ....
Julia . Thats right. Disney cfo christine mckarther announced disney will be sustaining the dividend which will preserve 1. 6 billion in cash and this comes as the Company Announces that covid19 cost disney 1. 4 billion to its bottom line in the quarter and that includes a hit to advertising, movie delays and think, most of all, the closure of disneys parks. The disney parks alone had an operating income loss of 1 billion in the quarter due to covid driving a 58 drop in operating income now heres what the new ceo says about the plan that he Just Announced to reopen disney shanghai on may 11th take a listen. The approach we take may include implementation of density control measures as well as health and prevention procedures that comply with state and federal guidelines we are seeing encouraging signs of a gradual return for some semblance of normalcy in china the company ....
Keeping an eye on the treasury market, the 10year right about 0. 638 for that yield. Right now time for the squawk planner. The American Economy has lost about 8. 8 million jobs in the last three weeks economists are expecting the loss of an additional 5 million. Well get Housing Starts data with a decline of 15 for the month of march we have a big lineup of guests starting at 6 30 eastern with black rocks larry fink. We also have ken fine berg, dr. Emanuel, barry diller and House Majority leader mccarthy coming up and cases to top 2 million u. S. Cases top 640,000 new york cases over 21,000 new york governor now squarequi people to wear a Face Covering when out in public that takes Effect Tomorrow becky. Joe ....
Lauren simonetti watching the markets, blake burman has latest from the white house and Hillary Vaughn is in washington. Blake we start with you. Reporter 6 00 on the east coast when the president will unveil the latest guidelines Going Forward. Earlier today he spoke with a Bipartisan Group from the house and from the senate. A couple different phone calls there. Right now we believe he is still on that phone call with the nations governors before he unveils the next steps later this afternoon. Were getting themes from the white house what we can expect when the president takes to the microphone. The new guidelines will be layered. No more blanket approaches for the entire country. It will be governor led. The guidelines well soon get will address the nationstate by state, county by county. They will talk about restaur ....
I am one of the coowners of politics and prose. Along with my coowner and husband and our fabulous staff we welcome you to the event at our Nations Capital and on the campus of George Washington university. I mentioned our location because we are an institution named for the first president and assembled on the blocks from the nerve center of the white house and congress. So what better venue for a conversation with tonights guest speaker . Kamala harris spends her days on capitol hill and you are not alone if you think in a couple of years she could be taking up residence at the other end of pennsylvania avenue. [cheers and applause] since her election to the United States senate in 2016 she has emerged as one of the most exciting and refreshing voices of the Demo ....