About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle
Facebook premarket, zooming after a big gain yesterday. Its Financial Report suggested some stability returning to the advertising market. Facebook getting 98 of its revenue from ads. This company is a truly global platform. Over 1. 7 billion daily users. Stocks up another 6 this morning after a gain yesterday. Look at microsoft. Big gain yesterday, modest gain this morning. Its close to its alltime high. It says the virus had little impact on its business. Up 1 , microsoft, this morning. Its true to say these trillion Dollar Tech Companies are again pulling in a big chunk of investors money. One more for you. Tesla. Yep, another big gain. Elon musk is furious at the california authorities for keeping his fremont plant closed. He calls them fascists. More on that in a moment. Look at tesla go, 854, up 54. Overall trn overall, its a down day. The dow is looking to be down 280 points. The s p down 33, and the nasdaq, despite the success of big tech companies, thats going to be down as we
Were very focused on that until we get over this. Obviously well not ship too much. We have excess of certain things and dont have enough of others. I just had a great talk with Doug Mcmillan from walmart and i gave him a very, very big order for gowns, for protective gear for the doctors, for the nurses, for everything and hes actually very excited about it. He is biggest purchaser of this kind of thing, of anything probably in the world and and he is very excited about it. I said what size . Almost unlimited. When you look at these hospital, the amount that they order, you almost say how could they possibly use so much whether it is masks or the protective gear but we supplying a tremendous amount and we just ordered a lot from walmart and he is taking this on personally. I said let it go, let it be shipped not to a warehouse, directly to the site of the hospital or wherever they need it because we save a lot of time when we do that. So walmart, in addition to many other companies an
We get over this. Obviously well not ship too much. We have excess of certain things and dont have enough of others. I just had a great talk with Doug Mcmillan from walmart and i gave him a very, very big order for gowns, for protective gear for the doctors, for the nurses, for everything and hes actually very excited about it. He is biggest purchaser of this kind of thing, of anything probably in the world and and he is very excited about it. I said what size . Almost unlimited. When you look at these hospital, the amount that they order, you almost say how could they possibly use so much whether it is masks or the protective gear but we supplying a tremendous amount and we just ordered a lot from walmart and he is taking this on personally. I said let it go, let it be shipped not to a warehouse, directly to the site of the hospital or wherever they need it because we save a lot of time when we do that. So walmart, in addition to many other companies and people is now involved at the
The people have done incredibly well building hospitals all over the country were building hospitals right now at a rate that has never even been contemplated before their mobile hospitals but theyre really not mobile i mean theyre incredible structures but were building many hospitals in louisiana new Jersey New York we just finished a massive hospital complex and we also have medical centers built in new york with building hospitals at the rate that this country has never done before and hopefully its all going to work out. First this is the president s or mr recorder on the planes are you looking at just personally routes between certain hot spots or is it probably wont it well look at the whole thing because were getting into a position now where we want to do that we have to do that and so we look at the whole thing what is it and we have we have some. Second question on economics oh. Just who you are where prices are very low the saudis have increased production ha i know its use