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Steer the countrys recovery. On markets. Check the s p 500 up 1. 8 , being led by the energy index, even as oil reaches for a 17 and all. Handle. The dollar index close to 100 again, 99. 77. Lets get to Abigail Doolittle for a deeper dive into the markets. Abigail stop gains on the days certainly stand out, possibility of the reopening guidelines from president trump. But what stands out more on the declines in crude oil. Here is an intraday chart, down 7 , down much more before. This is the fir...

Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distanci...

Give you a sense of optimism in terms of the curve in california a venti a it is bending, but its also stretch. Bending is good stretching means and will go a little longer the state anticipates a surge of coronavirus patients next month. The direct payments can wanted more. So we think that theres a a path to getting more for the shrek payments. That was House Speaker nancy pelosi saying that more money is coming to help americans through this crisis lots to cover good morning. Thank you for jo...

The opecplus curbs doing little for the global glut. The virus drags on demand. Policymakers are focused on the Economic Impact of the virus. We will hear from a policymaker later this hour. Shery we are seeing downside for u. S. Futures. This coming on the back of a second straight week of gains. We have seen coronavirus cases start the United States to stabilize. We are seeing coronavirus debts and cases here in new york coronavirus cases here in new york start to decline. Brent is down. There...

A rare televised address to the public has the u. K. Finds the pandemic. Typing the pandemic together has been a challenge for europe now salma looking to germany to help ease the financial fallout plus. We see light at the end of the total more conflicting information from the u. S. President as the leading medical official in charge warns the worst is yet to come see many senior i dont have a working radio or t. V. I dont even have a computer to listen to those 30 programs the Global Crisis ha...

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...

The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession...

Adapted from all confined space. So then there is a growing concern that the number of deaths from the corona virus may saw its victims from care homes are added to the tally its a figure that has so far been hidden as many residents are elderly and more vulnerable to this virus and other illnesses relatives are now starting to demand answers to what some are describing as a scandal we have reports from the United States and also from europe from when that in baba begins our coverage. Disinfecti...

Taylor really seeing some big gains on the s p 500. This is the second straight monday where we have seen big gains. All of the monday before that going to march 2 posting big losses, so a relief that you are seeing some gains come in. Small caps are doing the best. This is a barometer of the u. S. Economy. Some hope, given new york city fatalities have perhaps started to level out, that the economy can get running again. There is some hope in the russell 2000. The riskiest of all sectors, the s...

Have heavy crime tape restrictions in place and heavy restrictions on any foreigners trying to enter china and this is simply chinas why of dealing with what they believe could be a 2nd wave of infections 180 cases its certainly not a Great Development but china would say its particularly in recovery mode at this stage compared to the rest of the world but there have been a number of questions about the accuracy of these figures coming out of china weve had last week a senior british minister Mi...