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White hou on remdesivir and looking past chinas first gdp contraction in 40 years oil below 18 is something to watch. That report out of stat news reflects how much hope there is, whether its remdesivir or Something Else for an effective treatment going into the fall. It does it may also reflect thin trading having spoken to a number of people this morning who are wondering whether or not you can have big moves in the market with just a billion dollars of futures being bought, which may seem lik...

Parlors, no. Briefing without his usual back president ial criticism for even in texas, this salon kemp coming as states like and forth with reporters. This as the president faces alaska open up restaurants and owner isnt fazed. Harsh backlash for asking retail. It is their personal choice whether injecting disinfectant in oklahoma, its salons and to come bo the salon if they spas where some owners enforce might be a good way to kill want to. They have that right. From wisconsin to georgia, coro...

Welcome everybody. Our breaking News Coverage of the market continues now welcome once again to my kitchen. Big rally to end the week on wall street. The dow up about 400 points right now on reports that coronavirus patients are responding positively to a gilead drug. Its tale of two dow stocks today. Boeing surging as it gets ready to resume airplane production in Washington State apple is sinking as Goldman Sachs says the stock could fall as much as 20 on lesser iphone sales. Crude getting cru...

Im Carl Quintanilla with Morgan Brennan and jon fortt from various locations. Dow session high was up 378 on a very busy day for earnings Consumer Confidence tumbling this morning a twoday fed meeting that begins, morgan to tonight we will get a look at starbucks, ford, alphabet, and other major companies. I think peter at Advisory Group hit the discussion, noting the reasons the markets had been optimistic, the rallies in recent weeks, improved testing capacity, hopes about treatments and vacci...

Thats leading the dow right now. Jpmorgan chase, rough week overall. The cardholders, mx, visa down this week, doing better. Exxonmobil also on the upside. And the laggards, and this is like perfect, the symmetry here, all the stuff thats been the Market Leader is down. Walmart, a 52week high, new high, Procter Gamble raised their dividend, merck is up on the week, health care is up on the week, united health, apple had a good week. Its down. Weve been telling you how goldman has downgraded appl...

Losses early in the session after the ceo of russias Sovereign Wealth Fund told cnbc and moscow and saudi arabia are very close to an oil deal. Wti and brent are both coming off their best week on record. Not recent records on records ever all the way back to 1983 when they started tracking wti last week wti was up by 31. 7 . Up by 12 on friday alone. A meeting of Major Oil Producing Countries was delayed but still expected later this week that news just being told to cnbc that it looks like the...

Stimulus package. Well get reaction from republican senator Marsha Blackburn in 25 minutes. We have a jampacked show for you on making monday nip. Making money. Charles stocks soaring right now in hopes that the coronavirus outbreak is nearing a peak in the United States which could mean a sooner return to work with means the economy comes back on. The Bernie Sanders news suspending his campaign doesnt hurt either. We saw markets gains erased right into the close. Looking under the hood of yeste...

Consumerfacing businesses and both are on the move in the afterhours session and we have Team Coverage to break down both of these reports and lets kick things off with csx with the call now under way and lets get to Frank Holland with the details. Melissa, shares of csx up, and something weve seen in a number of other companies and one of its competitors, union pacific. On that call the ceo says production demand was too hard to forecast in this covid19 environment. Also during the call the cfo...

Consumer stocks like kimberlyclark and chi pochi pot lay showing signs of strength. Well take a deep dive on the debate over how and when to reopen the economy well speak to the mayor of las vegas, who has called the a stayathome order in nevada total insanity and floridas Lieutenant Governor and well speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. And billionaire harold hamms call for an investigation of crude futures trading. Lets drill down on the...

Covid19 in North Carolina. 1498 this morning, we have confirmed positive cases and unfortunately, this virus has now taken the lives of eight north carolinians. As a state, i know we are keeping their families and loved ones in our prayers. Our stayathome order is in effect now. I know it is hard, but prevention is still the single most important thing you can do right now. Prevention. It means maintaining physical distance from each other. Washing hands, coughing and the elbow, though simple th...