Business lending facilities to keep credit flowing as u. S. Job losses surge past 30 million. Shery lets get started with a quick check of the markets. We are seeing pressure on u. S. Futures, falling more than a percent at the moment, after the s p 500 fell from the sevenweek high. But yes, it was the best month since 1987. We saw the s p 500 climbing 13 this month. We have more pessimism about the economy today. We had dismal jobless claims data. Slowing down but elevated. We have positive sentiment being filtered through with the fed expanding the scope of the main Street Lending program. Also, the nasdaq was helped by results from microsoft, facebook, and tesla. When it comes to wti, we continue to see extended gains. It is trading near 19 per barrel. This, as we saw signs of fuel consumption start to recover in the u. S. We have a few markets that are closed across asia. China,cludes hong kong, singapore, india, and many more. Limited trading in the asian session. Haidi yeah. Shar
Bay area take a look at your screen there are more than 6,000 cases and a 196 steps you can see those numbers broken down for your county by county check out Santa Clara County staffs at 73 and more than 1800 cases you can also see that these numbers are on our website kron 4 dot com. So if you want to look at your specific county just check it out on our website. Now lets get to our top stories this saturday morning as people are now required to wear a mask of some form or a facial covering in most bay area counties. 6 counties are now requiring everyone wear a covering of some sort when theyre outside they are San Francisco, san Mateo Alameda contra costa marin and sonoma counties. Santa clara county also urging residents to wear a mask, but at this point thats not an order. Now heres why its so important to wear a face mask in public take a look at this laser light experiment shows how droplets from coughing sneezing and talking can spread the virus on the left you see the droplets
Are glimmers of hope and positivity at the family run this is whose tagline is just like family. Even if it is complete devastation around us, it is like an island, like there is a big tornado in the swirling around us. Reporter at least the residents have died at excel Healthcare Center on high street, at least 36 of the residents and 17 Staff Members are infected. Excel has a history of Violations Including in december, when inspectors at the facility failed to follow a doctors order for oxygen administration. Longterm care advocates say they are almost certainly more cases that Nursing Homes that have yet to be publicized. It is not a surprise. Tip of the iceberg is right. In fact, the reported numbers are likely just a fraction of the real number of cases that are already out there. They say that information can be scattershot, some counties have declined to provide information, instead referring to a state database that does not offer specific numbers. The data that is being colle
As we know it. Today hououse is meetingg under r exceptional and unprecedented circumstances. Adorned with a sea of n no sitting signs, the capacity of the chamber has been slashed from 650 to just 50. Hazard tape on the floor reminds those present to keep their distance. For the first time in their 700 year history, mps are being asked to do their jobs remotely. Easter recessm comes amid growing anger at the official response to covid119 with bliststering accounts off government in action in the early days of the outbreak. One key charge, a failure to foresee shortages of personal protective equipment for frontline workers. With Prime Minister Boris Johnson still recovering from thee virus, it fell to his healh minister to tell the british that the u. K. Is taking part in an eu procurement scheme. Although the European Commission says that isnt true. When we did receive an invitation in the department of health, as it came to the department of health, it was put up to me to be asked a
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 they are close to a deal. Andrew, ill send it over to you. Meantime, the latest on the pandemic the number of confirmed cases worldwide now totaling more than 1. 2 million. More than 330,000 of those are right here in the United States and more than a third of the u. S. Cases are in new york state. The death toll in america standing at more than 9600 overseas, british Prime Minister Boris Johnson was admitted to a hospital for tests a spokesman called it a precautionary test the Prime Minister test