The company is hoping this will spark more adoption, but it will only work if Health Officials offer an app to utilize the technology. Covid cases are dropping in many states but rising in the midwest. The u. S. Grappling with how and when to reopen safely. New York Public Schools just postponed in person return for three more weeks. Lets get back to the markets with Abigail Doolittle in new york. Generally another up day driven by apple. Abigail that summarizes it. It feels as though that is every day. Apple, a big driver for sure. In charge of the fed liquidity, driven rally continuing into september. We now have five up months in around and september starting up with more record highs. 75 , the0 gaining by nasdaq 100 up 1. 5 . Apple really helping out the chip space as well because there is indications they could have a strong season relative to selling iphones. You see the stock is up 2 . And ais one tell possibility investors are cautious. We are seeing a rally for haven bonds, th
Night two at the jersey shore inside you can rent it for the right price. Early today starts right now good friday morning. We begin with the threat of the coronavirus, here at home. A seriously ill patient in california has experts concerned. She is perhaps the first u. S. Case that is community spread, meaning doctors dont know how or where she got sick. That suggests that the virus is out there in the community, and that means pretty much that everybody is at risk we dont know who might be carrying it or who we could get it from. The uncertainty has been rocking the tom. Our reporter has more. Reporter a dramatic drop, nearly 1200 points, the most ever in a single day for the dow. In coronavirus crash mode. On pace for its worst week since 2008 just ugly, ugly all around janet yellen warning of a potential recession, adding there is risk, but basically i think the u. S. Outlook looks pretty good. Reporter Vice President pence with a show of force at the health depth we want all hand
Facing. Really reminiscent of that merce outbreak in 2015. We saw that 10 billion extra stimulus package back then. Because of this, we are seeing the markets under pressure, but one exchange that im watching is small caps in china. Actually at the highest level since october 2016. We have seen those pboc Monetary Policy measures. Not to mention more news that china could be taking over a hardhit industry. Lets get a broader check of the markets with Sarah Ponczek. Pretty much Everything Else is now trading in the green as the trading session does progress. We have seen markets turn lower under further pressure. 0. 2 but still on track for its best week since june. The hang seng now down 1 . Many times this week we have seen the benchmark approach 50 day moving average, but we have seen it fail as we have seen today. The nikkei roughly flat, but modestly lower. After trading as high as a half percent early on. Then we see the south korean kospi and underperform her across the region on
Back of that data. Refinery utilization was positive by 1. 4 . The market was looking for that to go into the negative by 0. 5 . Crude Oil Inventories rising by 415,000 barrels only last week. Gasoline inventories was a drawdown of nearly 2 million barrels. Lets check u. S. Markets more broadly. The major indices are really unchanged, but we have a few major movers, including viacom cbs, which disappointed in its First Quarter as a combined company. Investors are really punishing that stock. Guy a bit of breaking news, the unicredit boss looks like he is emerging as a potential hsbc ceo to get the job. Remember, noel quinn currently yethe interim ceo at hsbc, the interim ceo putting out a is involvingk that deep changes in the way hsbc runs its business and potentially a retrenchment back to the middle east and into asia in particular. He thousand jobs potentially going even further down the road. There were Big Questions as to whether or not noel quinn would ultimately be the person t
Came in different sizes never fairly standardized but we didnt have grand day coffee lattes or extra large portions of chips and things like that you name it cars homes cruise ships televisions furniture everything seems to have gotten bigger since i was a child how did that happen and is bigger really always better well as the whole economy geared towards super sizing everything today we look at the business of big welcome to an extra large edition of made its not just the things that we buy that have gotten bigger its also the advertising for the whole buildings can now be draped in gigantic posters which of course also have to be produced and now there is a machine that can do just the Worlds Largest a Digital Printer for soft materials can generate prints up to 600. 00 square meters in size our reporter went to pottstown near berlin to see how its done. The worlds biggest passenger plane. A massive container ship. A huge bucket excavator. Monster dump truck and infinity just to. It