Likely it is that huawei will get those licenses and the department of commerce wouldnt say specifically they wont get any licenses, they said they will review those on a casebycase basis you can imagine given the administrations crackdown now its going to be difficult for huawei to get any of these licenses from the United States to use this type of technology back over to you. Eamon, its jon what this seems to me to be is something that introduces a lot of uncertainty into the Semiconductor Industry in general. I mean if you look at chip equipment suppliers, if they cant supply technology to one of their major customers, that has an impact on their ability to make money. It has lots of follow on implications down the line is it your sense that the administration is taking an initial stance and looking for room for flexibility and to negotiate or is this something theyre going to push forward in the Semiconductor Industry has to brace for well, we dont know for sure, jon. This is a pi
Above 24,000 keeping an eye on whats happening with this. The dow has been up. The First Time Since february. If the dow is up again for the fifth session, the first time that has happened since the middle of january. Crude oil has been a big concern. That is down 11. 5 to 11. 85 you are looking at energy being the best performing for april even despite these big swings we have other energy news back with bp out the energy giant reported a 67 slide. Ceo Bernard Looney that the company had a good quarter tough environment here to date it has just been historic and went negative for a while. Back to 12. Crazy. Which is relative how many acres do you have there. You could store oil. Could you put a tank in the ground or just fill the pool we could probably do both we could do a whole oil field here no one Takes Delivery you would think given the challenges that uber is having, they would be doing oil delivery the other thing i told you to buy with all that land is live cattle instead, we
Lockdown in that country, and Risk Appetite builds. Asian stocks had for their best day since 2008. Equity futures point to a positive open in europe, as well, after an incredibly positive day yesterday. Just under an hour away from the start of cash equity trading on that continent in europe and over in the u. K. Lets look at futures after yesterday, the dow put up a up ad game the dax put record gain, almost 1000 points yesterday. It is pretty astonishing that we well. Tures up today, as i should say, the dow yesterday in the u. S. Put up a record gain of sorts, the biggest gain in the Dow Jones Industrial index average since 1933 and yet, you see futures on the s p and dow jones positive, nasdaq futures down a little bit, but they also saw a big gain in tech stocks yesterday, the nasdaq jumping yesterday about 10 . A lot of indexes yesterday in the u. S. , jumping 10 . The nasdaq, really just joining the bunch. Our top story is the stimulus packages across europe and in the u. S. Wh
Italy overtakes china as the country with the most coronavirus deaths in the world. Gains in france and spain. Removing the red tape in america. President trump says he is working to speed up approval for treatments as teva rushes to bring a malaria drug to patients. California orders its residents to stay home. Rush hour refuses to submit to saudi arabias Oil Production plan. The kremlin sees riyadhs move as blackmail. Is there more turmoil ahead . Just under an hour away from the start of cash equity trading across europe and in the u. K. Lets take a look at futures. We are seeing some decent gains in european futures, Even Stronger than what we see in the u. S. You can see euro stoxx 50 futures up 50 , as of the futures for dax. Take a look at u. S. Futures. More than 2 gains with nasdaq futures up 3 . If you take a look at the big drops during the recent crisis, the nasdaq has fared far better than the s p and the dow jones. Today looks like it will do better in terms of gains as w
Coronavirus testing. Why frustration is building. We were promised at the state and federal level everyone would be tested and that is in reality. Breaking news right now on h 7 pm. In the past hour or so a woman in her 80s from Santa Clara County who was hospitalized four days ago has died from coronavirus. She is the second person in that county today after a woman in her 60s with Chronic Health conditions died monday. Long lines and empty shelves at markets across the bay area. Good evening. People were already staying home from work but now the kids will be staying home as well. A lot of School Districts. Families are stocking up tonight on basically everything. Andrea live at costco in san leandro. It has been crazy there all day long. Reporter Parking Spaces are still a premium right now. We are in one space to do our live shot. Someone asked us can we move we need to get in there and shop right now . Lots of people are concerned about having their family home constantly and bein