Page 153 - Third Quarter News Today

Lots of earnings coming out. Ups is the latest. They are withdrawing their 2020 forecast for revenue, as well as eps, as we have seen from Many Companies trying to estimate the impact. Theirre withdrawing forecast. They are suspending the Share Buyback for 2020. We want to get you all of todays top moving news from new york and our london team. We want to begin with the volatility in the u. S. Oil market. Wti at one point falling below 11 a barrel. Bps ceo, after the Company Released firstquarte...

Data on industrial output offers signs of encouragement. Shares in gilead jumped in late trade on positive reports on a coronavirus drug. Openg source on plans to factories in seattle. We hear from the ceo of rival airbus. We are seeing a lot of positive sentiment across the markets today. Investors seeming to be looking to the data we got out of china. Not really a surprise we got that drop in firstquarter gdp. The big question remains if Consumer Confidence can come back as the lockdown starts...

Dose of downgrades today, well find out if any of our traders are touching our stock shares are lower right now as the companys Conference Call is underway well break down any of the big headlines that come out. We begin with an historic collapse in energy prices. Oil falling below zero dollars a barrel for the First Time Ever the main contract tumbling more than 300 to around minus 36 a barrel yes, minus 36 a barrel. The more actively traded june oil contract also falling hard in todays session...

Weve gone from 18,000 on the dow to well above 24,000. Look at this. The dow is going to be up over 700 points this morning, firmly above 24,000. Thats a gain of over 3 . Weve got a 2. 5 gain on the s p and the nasdaq, 1. 7 . Now, that is a friday morning rally. Boeing sure helps. It is reopening plane production at a plant in Washington State. There are major gains all across the board, especially for big tech. We will have details on that in just a moment. But look at this. The price of oil, s...

Futures and negative territory for the first time on record. Air travel is floundering with carriers slashing services and grounding planes. Richard branson says the virgin operation may not survive. Today was big story the crash in oil prices. We have the wti futures settling at 37. 63 per barrel. You are taking a look at june futures at the moment. This of course still at a volatile level, but the real question being is will it suffer the same fate . Today, we saw the technical auditing exacer...

Plunge half their val ru a positive surprise from china where exports and imports were much less than expected in march. U. S. Bank stocks mark their first negative session in five as jp morgan kicks off earnings season with investors anxious to find out exactly how these banks have been impacted by coronavirus. This is a look at european stock markets are trading. Dont forget theyve been closed for the long easter weekend. We saw the look out of china export and import numbers. Expecting a plun...

In negatives, nothing changes there. The latest negative being this fight over control. The president or the governors. That is a distraction from the main event, getting back to work is now job one. Later on the program today, larry kudlow, the president s chief economic adviser, joins us. Hes on the task force. We will ask when, where and who gets back to work. Thats coming up. To the get back to work debate, it largely excludes democrat politicians, shown side by side Bernie Sanders has endor...

U. S. Trading after west texas futures end in negative territory for the first time ever. Ups sees some light at the end of the virus tunnel. The ceo tells us ecommerce is almost thriving compared to traditional sectors. Lets take a look at the oil lets get to sophie kamaruddin, who is taking a look at highlights for us in hong kong. Sophie the relative resiliency of the markets we have seen of late have brought several benchmarks in the region of asia into bull market territory. That will be te...

Yesterday down 86 points at 4 00 oclock on wall street. More help for Small Businesses and hospitals on the way. The senate did pass the 484 billiondollar coronavirus aid deal last night. House is expected to vote on this tomorrow. Meanwhile the white house is looking ahead to additional stimulus packages. We will talk about that. President trump to sign executive order today temporarily banning immigration to protect american jobs. The cdc meanwhile is out with a dire warning this morning sayin...

Weeks to come. Blake what are you hearing . Reporter it is indeed, neil. Florida, you mentioned one of the states, the governor, ron desantis in the Oval Office Meeting with president trump. Were getting notes from reporters inside of that meeting. It appears to be a little bit of a showandtell as the Florida Governor is holding up graphs and charts. The president describe i had as a News Conference. You know the deal. This is one of pool sprays. The president told desantis and reporters in the ...