Remain independent. Economy ts, the global takes precedence over the geopolitical tensions between the u. S. And china. The price of the bailout. Brussels set its criteria for backing the state aid pac package from berlin. We are just under an hour away from the start of cac equity trading in europe. Ets take a look at where the u. K. Markets were closed yesterday. They didnt get that take part in the risk on rally that we saw across the continent. We also see u. S. Equity futures rising. U. S. Cash trade was also closed yesterday to honor the memorial day holiday. As a result we see futures in new york up about 2 on the dow and nasdaq futures as well as s p futures up 1. 8 right now. Lets get your first word news. Here are todays top stories from the bloomberg terminal. Once a virus hot spot in europe, italy reported the fewest cases since february. Below 100 for a second day. The global death toll tops 340,000 with 5. 5 million cases confirmed. In england, Outdoor Markets and car sho
For the rest of the year well get a bunch after the bell including netflix. President trump is set to meet with new York Governor Andrew Cuomo this afternoon key relationship for the country and our pandemic response, which has been marked by tension and cooperation in the last few weeks. Well bring you that as soon as it begins. Were expecting that within the hour ahead on todays show, a key move for earnings. Netflix, chipotle, Texas Instruments and snapchat gear up for results after the close. Full coverage of those names and ana analysis of the reports when they come out. And how volatility has impacted brokers. Well speak with chairman Thomas Peterffy after the numbers hit were down 2. 8 on the s p 500 oil very much in focus energy the best performing sector today, only down 0. 6 well dig into all of that coming up for you. Mike santoli is tracking that market selloff. We have got the cohead of oil trading, ben lucker, important guest to join us to discuss crudes unprecedented vol
Nasa. Its been reinvigorated. It was dead as a doornail and now its very much alive. Perhaps, and you know everybody. They know you swls everybody. Why dont you give them a little presentation . Absolutely. Nasa has been hard at work. Part of the whole government approach to combat the coronavirus so a lot of our work force has been staying at home. The question is what do you do with rocket scientists when they stay at home . What nadeau is build amazing nifpks. I have just flee to showcase here but familiar so many others we could talk about but ill go from left to right. This is an oxygen hoods, so a person who has coronavirus, we wants to make sure that they have pressure for their lung with 100 oxygen so we put in hoods on them and we also want to make sure theyre not she woulding virus at the same time so it protects the Health Care Workers far working on the patient. So this is an oxygen hood. It was create build scientists at the Armstrong Flight Research center in california i
Medical team to north korea. We are pulling together the latest claims. Shery lets get you started with how markets are trading. U. S. Futures are extending gains we saw on friday. Last week we saw Downside Pressure across the markets. The s p 500 was led higher by consumer stocks. President trump signing the 484 billion spending package including money for small businesses. Congress has doled out 3 trillion in that package. Upsideinue to see the with u. S. Futures. Joining the intel ranks of those companies that are now opting to withdraw fullyear guidance. There seeing oil falling as session begins in asia, after the wti hovered around 17 a barrel. And we are going towards the opec output cuts that begin may 1. It is all about the latest headlines on coronavirus cases around the world. They are approaching 3 million according to Data Collected by Johns Hopkins and bloomberg. Has the state saying it death rates have continued to fall and now at the fewest in a month. This as Governor
And so a lot of our work force has been staying at home. As has been the guidance. The question is what do you do with rocket scientists when they stay at home . What they do is they build amazing things. In this particular case, i have three to showcase here, but there are so many others we could talk about. But ill go from left to right. This is an oxygen hood, so a person who has coronavirus, we want to make sure that they have pressure for their lung with 100 oxygen, so we put this hood on them. And we also want to make sure they are not shedding bars at the same time, so it protects the Health Care Workers who are working on the patient. So this is an oxygen hood. It was create build scientists at the Armstrong Flight Research center in california in conjunction with whats called commercialctic, a company that will be launching people to suborbital space, straight up and straight down, in a very short period of time. They are commercial tours. Pres. Trump straight up, a little wha