Major breakthrough in treating the coronavirus, a steroid that could cut deaths significantly among the sickest patients jay powell assuring the market is willing and able to backstop the economy. And finally, fiscal stimulus reports the white house is preparing a trillion dollar infrastructure package for everything from roads and bridges to 5g network. So, were these the three things the market needed to hit it big today . The three horsemen. Hi, mel. Hi, guy how are you well, i mean, they definitely helped, and im looking forward to Jerome Powells testimony tomorrow when somebody asks him what his favorite hardhitting question, what his favorite color is thats always riveting to me its all about the fed i think we all agree with that their commentary has been nothing short of astonishing the infrastructure supposed infrastructure bill, obviously, caught everybodys attention im hard pressed to believe that will get through this year given the divide we have, politically. The covid ne
Saying it will reopen 100 stores in the u. S. This week and progress on the vaccine front with heavy hitters stepping in which well have much more on. We will and not just are we excited about the new package there, the music is exciting i had seen the graphic, but i add not heard this music they should just playing through the whole hour to keep people on their toes very dynamic and thanks to the team for making it work. 59 minutes left of the show and big guests to come a huge exclusive with the ceo of merck. Ken frazier. Hell join us as they lay out their strategy to battle the coronavirus. Plus, mt. Sinai teaming one a slew of companies to support front line workers well speak with the ceo and ceo of pinterest. Mike is drilling down on the action meg is tracking progress on the vaccine front and wilfred has new comments from jamie dimon, but mike, first to you on this Broader Market and take ussen inside what are you seeing . Yes, obviously have broken above these levels everybody
Finia oh, 139. I have to relax. Nina okay. Lemonis okay, okay. Nina youre not dizzy, are you . Finia nina, you see how aggravating this is . Lemonis im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman these people are here because they care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. Im in atlanta, georgia, and im on my way to perimeter mall, and im here to see Macaron Queen, which is a very small startup in the dessert space. Its clear to me that Macaron Queen has a Good Business model on a small scale, but this particular product possesses all the qualities needed to actually become a directtoconsumer product and a big wholesale product. They want to grow, but they want to grow profitably. Woman 2 a princess cake, two of those creme brulees. Lemonis i love french macarons. I would almost call myself a macaron s
370 but did end the day lower. It was the first down day we have seen in five trading sessions well watch what happens today we have a fed meeting coming up. That will be the pla is to watch as we hear from the fomc later today. The 10year just below. 6 a month. This has been the best month for the dow in 18 years because we are coming off of march because that was the worst year for the dow in 22 years. You see these huge swings first down and then up what we are watching in the equity markets the one thing about 10 crude, every dollar it goes up, we could go back to 30 every day. Lets use the dollar every day that might not happen. Equities do seem to do better. Thats a lot of room to go. Maybe. But sooner or later, thats not good either. The move came after data from the American Petroleum institute. Showing that crude jumped. That was 600,000 barrels less than expected. We saw some wild swings yesterday all around these low levels 10, 11 14 today, as you can see market stocks gave
Finia oh, 139. I have to relax. Nina okay. Lemonis okay, okay. Nina youre not dizzy, are you . Finia nina, you see how aggravating this is . Lemonis im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman these people are here because they care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. Im in atlanta, georgia, and im on my way to perimeter mall, and im here to see Macaron Queen, which is a very small startup in the dessert space. Its clear to me that Macaron Queen has a Good Business model on a small scale, but this particular product possesses all the qualities needed to actually become a directtoconsumer product and a big wholesale product. They want to grow, but they want to grow profitably. Woman 2 a princess cake, two of those creme brulees. Lemonis i love french macarons. I would almost call myself a macaron s