[indiscernible chatter] the subcommittee on health will now come to order. Good morning, colleagues. The chair now recognizes herself for five minutes for an Opening Statement. Madam chair, would you yield for a parliamentary inquiry as we start this hearing . I want to do my Opening Statement pardon me . I already recognize myself, but i will recognize you afterward. Id be holding, or that we would be holding a hearing under these circumstances. But i think it is a necessary one. Our country is in pain. Americans are afraid, you they they are sick, hungry, and jobless, and over 80,000 souls have been lost. The government that was supposed to protect them has failed. They haveheroes, and risen, extraordinary, ordinary americans showing courage, compassion, and a sense of selfsacrifice and duty beyond what could have or should have of them. Been asked regular americans have risen when their leaders have not. We are the greatest country on , and we have the most deathsnd the most from co
[indiscernible chatter] ms. Eshoo the subcommittee on health will now come to order. Good morning, colleagues. The chair now recognizes herself for five minutes for an Opening Statement. Mr. Burgess will you yield for a parliamentary inquiry . Ms. Eshoo i want to do my Opening Statement. Pardon me. I already recognized myself but ill recognize you afterward. I never thought id be holding or that we would be holding a hearing under these sad circumstances, but i think its a necessary one. Our country is in pain. Americans are afraid. Theyre sick. Theyre hungry and jobless. And over 80,000 souls have been lost. And the government that was supposed to protect them has failed. There are heroes and they have risen, extraordinary, ordinary americans showing courage, compassion, and a sense of selfsacrifice and duty beyond what could have or should have been asked of them. Regular americans have risen when their leaders have not. We are the greatest country on earth, and, yet, we have the mos
Points, s p is now down 17, nasdaq is down by 18. A couple things going on. First and foremost, last day of the quarter. Just to give you a sense of whats going on with the markets, obviously the s p for the quarter down about 19 . Thats as we were going into today. The dow down about 22 as we were going into today. Now, if the dow closes at about 22 lower for the quarter, this is the whole First Quarter of the year, we havent seen that kind of low for the dow since 1987. The s p 500, again, down 19 and that would have been a level we had seen back in 2008. Theres a lot of things going on right now. Obviously we are looking at potentially an economic contraction, if you will. But some of you are saying this might not necessarily be permanent but its something certainly to watch. We are going to get the adp number tomorrow at 8 15 a. M. Eastern time. Lot of layoffs going on. Obviously we are going to keep pounding on investor psyche with all the industries furloughing workers during the
Majority of lanes not until 7 00 a. M. And its only 4 30 just to give you an idea of how bad the backup can potentially get even, eastbound 80 at appian way, slow lane is blocked and pete suratos is on the scene with the latest. Pete . Reporter good morning to you, vianey. Were just getting here to the scene in pinole. As you mentioned, that big rig overturning right before you get to appian way. You can see actually the tow truck is here. They just started lifting up that big rig. So when we were getting here, we were actually able to get off on the appian way exit. Right now theyre stopping traffic once you hit the richmond parkway exit. They are working to get that big rig out of the way, and at least information were getting looks like this may have happened roughly around 2 45 a. M. That big rig may have been trying to avoid a car that was on the freeway, but were waiting to get more information on that, but as i mentioned, you see that big regular, theyre trying to move it off th
See, there are about a dozen weeks each year when were in the heart of earnings season and the wall street analysts become powerful enough to control the action this is one of those times they have an outside ability right now to move stocks particularly tech stocks. Today because of chatter about a possible break in the trade log jam with china and britain and iran didnt seem to go to war with the tak nker, the bulls pushed stocks higher its important to know how this works. Behind the scenes im opening the curtain to give you solid examples how the an lists are able to move some stocks and therefore the entire market. Its beens toed back and forth since it peaked at 64 and change for pulling back to 28 bottomed in december when micron reported, they made positive noises enough to send the stock into the stratosphere and Goldman Sachs decided to call the bottom in the chips and the stock had yet still one more leg higher as the buyers went nuts for it. And thats how it could rally ano