Claims and 21 million continuing claims better than the week before. But still incredibly bad on an absolute basis same thing with the stock market we get crushed today sell, sell, sell. Obliterated wrong. Once again, the averages spent most of the day well into the black despite still more hideous macro data either we sold off the end of the session, dow 148 points, s p falling 1. 2 nasdaq easing 4. 6 , again, the market was up most of the day. The climb were about the incredibly weak labor market what happened when we heard the claims numbers right from the oechg . There is fear actions the president might take against tech because of his anger about social media and the president s plans for punishing china over hong kong, punishment that could reverberate to our own companies that do business there so then why did the stock market open up big when those hideous figures at this point its become a cliche to insist that wall streets tote lit disconnected from main street. After all, h
Starting to take tentative steps toward reopening. Numbers released, adding nearly 16 million subscribers and crushing estimates. Taylor, we have to start with oil today. What is happening . Taylor when we spoke yesterday, it felt like the equity markets were not pricing in some of the panic in the oil markets. Today, that changed. Some of the nervousness started filtering through. They are off about 3 or so. Nasdaq off about 3. 5 . What that meant is that these oil markets are really starting to break down. Know that the may futures contracts expire today. Some of the june contracts are starting to roll over. We are getting the sense that if that continues to fall further, this is not a may contract technical glitch, this is more of a macro issue. Concerns remain on the demand side as well as the oversupply. Some nervousness was filtering in the oil markets today. Netflix,ts talk about crushing its own estimates, adding 16 million subscribers. I know i was watching tiger king. The que
Woodruff all that and mo, on tonights pbs newshour. Major funding for the pbs newshour has been provided by fidelity investments. Bnsf railway. Financial Services Firm ond james. Carnegie corporation of new york. Supp innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers lu. Thank you. Woodruff yet anoer momentous day in the relentless march of this pandemic. As of tonight, covid19 has infected more than one Million People around the world, and already left well over 50,000 dead. The u. S. Count is nearing 6,000 dead, and President Trump has now ordered steps to make more ventilators available. White house Officials Say he may also call for wearing face masks hot spots. Meanwhile, there is fresh evidence that the u. S. Work
Across america. Famed investor mario gobelli has lived through many a crisis. He is here in a fox business exclusive on how hes maneuvering his money and hes going to reveal, stay tuned for this, five stocks he is buying, one of which he just scooped up 100,000 shares of. Youve got to hear. We will give you all the names. In less than 24 hours, Small Businesses are going to line up around the nation for federal money, but theres one group of Small Businesses who may be shut out of 2 trillion in stimulus money. Venture capitalist rohan oza, behind brands like vitamin water, so many names out there, hes here in a fox business exclusive to share his advice for Small Companies getting caught up in the covid19 crush. We have been talking about zoom video communications, one of the breakout stars of the work and learn from home environment, but what about slack and Microsoft Teams and zoom . Are they stressing the internet . We have the net app ceo, we will ask if the webs plumbing is holdin
Correspondent in washington. A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. And you can be part of the conversation. A pop up shop is charging would be social Media Influencers £10 an hour to take their selfies against a variety of backgrounds. Would you pay money to take a selfie in a pink ball pit . Has selfie culture spiralled out of control . Let us know, just bbcthebriefing. World leaders at the g7 summit are expected to agree new plans to help countries tackling forest fires in the amazon. President macron of france said they were close to a deal providing technical and financial help. Brazilian military plane have been dumping water on the burning areas after global concern that not enough was being done to tackle the fires. From biarritz, heres our diplomatic correspondent, james landale. The fires raging across the amazon in recent weeks have been devastating, not just in recent weeks have been devastating, notjust fo