About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle
Emergency Small Business fund, 75 billion for hospitals. The democrats claim its their victory and already, senator schumer is planning another 150 billion package, this one for local governments. Is all this enough . In my opinion, not if we dont get back to work soon. We have to open up the economy to avoid economic disaster. Elsewhere, the president says he will sign an executive order today suspending green card issuing for 60 days. This does not apply to guest workers or agricultural workers. To the markets. After two days of sharp declines, weve got an uptick. The dow looks like it will open with a gain of close to 400 points. That is 1. 7 . S p up 1. 8 . Nasdaq up 1. 6 . Green arrows across the screen. There are some standout stocks. Netflix nearly 16 million new subscribers. Their outlook, though, is cautious. We will get into that. The stocks down eight bucks, 1. 8 . Look at chipotle, doubling their online orders in the month of march. Chipotle is clearly a lockdown winner and
Residents. Governor gavin newsom is confident about the States Supply of ventilators even as Santa Clara County says there is an urgent need for them. At his briefing today, the governor addressed his decision to lend 500 ventilators to the National Stockpile for other states to use. We are just proud as a state because of all the great work you have all done in slowing down the rate of growth that we are able to provide those resources and confidently know that supports will be reciprocated by those governors and by those states. Some of those ventilators are set to arrivein new york and illinois. Four other states will also be getting ventilators from california. The Santa Clara County Sheriffs Department is taking steps to ensure First Responders who are exposed to the coronavirus can get decontaminated quickly to limit the spread of the virus. Jesse gary is in san jose tonight with more on this. Reporter good evening, the Sheriffs Training Center has various classrooms on the insid
Welcome to the program our top story the u. S. Federal reserve us cut Interest Rates back to near 0 in an effort to boost the american and Global Economy during the course of this and demick President Donald Trump congratulated the central bank during an announcement at the white house it lowered the fed rate. From what it was which was 121425 and its been lowered down to 020. 24 or point 24 so its 02. 2 for. A big difference its a. Quite a bit of a point. Lets go live to mike hanna now hes in washington and this is really the most drastic step taken by the u. S. Federal reserve since the financial crisis of 2008 i guess it gives you a sense of the shock the coronavirus pandemic is about to cause or is already causing in d. D. s senate also follows weeks if not months of urging by President Trump for the fed to drop its rates virtually on a daily basis the president has been insisting that the fed is airing by not dropping its rates so certainly this now is a major step in terms of cre
Clerk communications. Mr. Chair i have none for you today. Item 6, introduction of new or Unfinished Business by Board Members. Any new or Unfinished Business youd like to address . Very good. Clerk directors report. Good afternoon. Good afternoon. It is my pleasure to turn the mic over to director of transit, Julie Kirshbaum foray wards for her amazing crews who do the actual hard work of serving our public. I think the first photo is ready. Everyday our overhead line unit performs preventative maintenance and keeping our Service Running safely. Theyve also been one of the teams thats been pivotal in really taking advantage of the extended maintenance window and have replaced thousands of feet of overhead wire and i think removed over 30 slices from the system. But they also have a responsibility to respond to emergencies and addressed quickly as possible so we can get service that going. That means theyre working between trains, sometimes that means that theyre working on hours or un