Simonetti with the markets quite a day on the markets. Lauren doing fast math i think the swing is 830 points. Volatility is back. Nasdaq not quite positive for the year but close. Nasdaq choppy session, up 1. 1 in the end. The dow was down as many as 458 points, as near nearly three million americans filed for Unemployment Benefits to the two month total, 36 1 2 americans out of work. The market started popping when President Trump said a Covid Vaccine is likely by the end of the year. The dow up today for the first time in four days. The pharmaceutical industry however, more cautious when it comes to a vaccine. The novartis ceo says most likely well not have one until middle of next year. Sanofi amending the pretty convertal comments that the company u. S. Would receive the vaccine first. The company now says it would be available to all countries at the same time. Some pharmaceuticals were down today. Oil closing at near six week high. Look at that 27. 59. The banks surging really large gains across the board. They rallied into the close. Charlie gasparino is reporting that Goldman Sachs bancorp, wells fargo, Pnc Financial as a potential merger. Capital one up almost 10 today. But a pretty exmixed picture for the airlines. Delta sent a memo to the pilots, we might not need half of you, or 7,000 come fall. It is retiring all of its boeing 777s as it tries to match demand to the size of its fleet. Look at united. It closed above 20. 20. 30. It was under 20 at one point t would have been the first close under 20 since 2012. Mixed reaction from the airlines. What a day. 800 point swing for the bluechip average. Connell . Connell huge swing. Mr. Burman is following the president on his day as he left the white house for a trip to the state of pennsylvania. Blake . Reporter yeah, connell. So you have the comments from the president who said that he believed there could be a covid19 vaccine by years end but also the president saying that he will unveil tomorrow how the military would be involved in that Distribution Process should there be vaccine by years end. This was really the comment from the president earlier today that moved the markets to upside. Watch. I think well have a vaccine by the end of the year. I think distribution will take place almost simultaneously because weve geared up the military, and you will see that tomorrow. Reporter investors liked hearing that, however there are still some questions about the status of the trade deal with china. The president also telling Maria Bartiromo that he doesnt feel the time is right to talk to the chinese president xi xinping, and, he floated the idea of cutting ties all together. Right now i dont want to speak to them, irdont want to speak to him. Because you know, senator cotton was saying maybe we should be limiting the amount of visas that we give to students to who want to study things like quantum computing and a. I. . There are many things we could do. We could do things, we could cut off the whole relationship. If you did what would happen . You would save 500 billion. If you cut off the whole relationship. Reporter so that was sort of both sides of the market today. Meantime the president wrap ad tour of a Distribution Center in pennsylvania. That sent focusing on ppe. That the the administration, connell and melissa to build up the national stockpile, to have 300 Million Masks within the stockpile in the next 90 days. Eventually bringing up the number to a Million Masks. That is at least part of their goal. Thank you. Connell blake burman. Thank you. Melissa. Melissa here now to react is bill mcgurn. He is a wall street journal columnist and a fox news contributor. I know were talking about this trip to allentown but a billion masks in reserve, what do you think about that . Do masks, do with change our requirements for them . Does it make sense to have this kind of a reserve . Well im not, you know, im not an expert how many masks we need. Im a little bit skeptical of government stockpiles and government distribution. Seems to me the best distributor is the marketplace and we cant, if we get the production up, i dont think it will that be tough distributing masks. I mean, maybe a governor says, we need them at this nursing home or at this hospital but, i would rather rely on the market to get those things produced in quantities we needed and out to the American People who need them. Melissa always seems like were fighting the last battle and the last war. Who knows what we need next time around when we have a 100 year pandemic. Let me ask but the trip to owens and minor. He is going to visit a medical equipment plant. There is some criticism this is a campaign event. That he is going out there at same time. Going to look at ppe and going to look at a place that is gearing up and trying to help americans. Is a good thing, are you suspicious this is about politics . Im not suspicious. I think it is partly about politics. I think all president ial visits anywhere are about politics. That is totally legitimate. This is an election year. Pennsylvania is a pretty High Contrast because there is a lot of dissatisfaction with the democratic governor very high handed way he imposed restrictions and accused people of deserting in the face of the enemy and not been clear how and why he is imposed these restrictions. I mean this is all part of a legitimate debate we should be having in an election year. Melissa yeah. Do you think that the debate what we should be doing really goes down party lines when you look at different governors and look at mayors . Is it about whether youre left or right . Or is it about Something Else . I dont think it is a hardline although it does seem that republican governors are more inclined to open than democratic governors, especially up here where we live in the sort of blue northeast. But i dont think it is necessarily that. And these, theyre making different decisions. Not all lockdowns are the same. Some are more flexible than others. I think what were going to learn from them, you know, who had the better approach. Melissa yeah, especially we watch the early states open up, you get to see, do they have these flareups again or do they not . Do they move forward and you know, florida, for all of the concern about how almost liberal they have been with their lockdown policy, how is that states reopening looking in your eyeses . So far it is looking pretty good. We dont know until all the numbers are in at the end. You raise an excellent point about that there seems to be so little attention to the actual results. Governor cuomo is praised for the his press conferences and look at some of his cases, how they handled nursing homes. Meanwhile Governor Desantis has been blasted, and i think numbers show he has been doing a reasonable job. They reflect different approaches. Governor desantis focused on nursing homes, kind of protecting the vulnerable first rather than quarantining the entire public. So you know the jury is still out but some of these states are looking reasonably well, catastrophe was predicted for them. Melissa yeah. It is interesting to see the way that governors, you know, they need the president because he is going to, you know, help them get money or not. But at the same time go back to the governor in pennsylvania the way he has been butting heads with the president. He have said on tuesday he didnt even know the president was coming to the state. Others are raising their hand and coming to the white house. You know i noticed that after Governor Cuomo left from his meeting with the president , they werent really trashtalking each other anymore. Ahead of that there was a lot of back and forth, jawboning. He left, it has been a little quieter, feels like they made a few deals or acknowledged a few things behind closed doors. What do you think is the most effective approach of these different governors as they try to navigate the relationship with the president . Well you know, melissa, speaking for myself, i think i reflect a lot of the average citizens point of view. Im not interested in blaming things. Guys on donald trump or on governors for what they did or didnt do wrong. I would like to, i would like to see what they try and i root for everyone to succeed, from the people with the strictest lockdowns to people more liberal. Obviously the more they open, the fewer restrictions it would be nice to see them be successful t means these things can be lifted. I think the average person is not interested in the recrimination. Were interested where we go from here. I will say a lot of people are also losing patience with some of the restrictions. I will give you an example from my life. My daughter goes to Parochial School here or Catholic High School run by a nuns. We had a driveby the nuns house where girls came up with the cars with parents. Drove by for a few seconds to the nuns on the porch. Everyone in the cars, except for the nuns safe on their porch. State authorities said we cant do that again. That is the kind of ridiculous restriction that gets people mad. We dont see what it is doing to advance public health. It is not explained. It is just imposed. Melissa yeah, yeah. Youre so brilliant, bill mcgurn. Thank you so much. Thank you for that example as well. That puts frustrations. That is how people feel. Thank you. Connell. Thanks, melissa. Connell lets get an update now on new york. New york on pause as it is called actually expires tomorrow. Governor andrew cuomo did say today a fifth region in the state has now met the criteria to gradually reopen to end some. Restrictions. 10 regions in total so five out of 10. David lee miller with more on new york. David . Reporter connell, by this time tomorrow some businesses in parts of new york state will have reopened. Governor cuomos plan to restart the economy is gradual. It only will take aeffect in geographical areas after specific criteria have been met. The latest area is central new york. Some areas that are reopening are closer to the Canadian Border than they are to new york city. The cities affected include syracuse, rochester and binghamton. The first businesses to get back to business will be construction, manufacturing, retail, with curbside service. In other for a region to get the green light to open it must meet seven metrics among the cdc guidelines. Among them two week decline in deaths and hospitalizations. Mayor bill de blasio says it is moving in the right direction and could meet the threshold for reopening next month. Indicators have been moving pretty damn well, not quite as well as i want them to but pretty dam well. Were getting in range to hit the numbers, the first half of june, if it is consistent that is when we take first steps to open up more. Reporter Governor Cuomo said there are 110 cases in the state from kids suffering to an inflammatory illness linked to the virus. Three children have died. That makes the recovery of 8yearold jayden even more remarkable. Suffering from the illness, had cardiac arrest. Firstresponders saved his life. Many were on hand to well him home from the hospital. His father said the ordeal was nightmare that is now over. In his words, im, very, very happy. Connell . Connell wow. A whole new worry for people with children now involved. Dave, thank you, David Lee Miller from the streets of new york city. Melissa. Melissa more than 10 million covid19 tests distributed across the u. S. , 10 million. 43 states moving forward with easing some restrictions allowing nonessential businesses to reopen with limitations. That is including salons and barbershops in at least 22 states. Lucky them. The impact on that industry and how other Small Businesses are fighting back. Plus fallout on capitol hill. Senator richard burr is temporarily stepping aside as chairman of the Intel Committee amid a Justice Department probe of his stock trades. According to a statement made to Senate Majority leader Mitch Mcconnell the move goes into effect at the end of the day tomorrow. Heres the thing about managing multiple clouds for your business. When youve got public clouds, and private clouds, and hybrid clouds things can get a bit cloudy for you. But now, theres the Dell Technologies cloud, powered by vmware. A single hub for a consistent operating experience across all your clouds. That should clear things up. Ibut that doesnt mean ayoure in this alone. Were automatically refunding our customers a portion of their personal auto premiums. Were also offering flexible Payment Options for those whove been financially affected by the crisis. We look forward to returning to something that feels a little closer to life as we knew it, but until then you can see how were here to help at libertymutual. Com covid19. [ piano playing ] and now for their service to the community, we present limu emu doug with this key to the city. [ applause ] its an honor to tell you that Liberty Mutual customizes your Car Insurance so you only pay for what you need. And now we need to get back to work. [ applause and band playing ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. Melissa traveling for a haircut. Demand for barbers and salons spiking during the coronavirus quarantine and some people are willing to cross state lines to get a quick trim. I bet. Grady trimble is in indiana with the details. Grady. Reporter melissa, when they arrive getting a haircut looks a lot different now. Before they let you through the front door, they take your temperature, have you fill out a Health Questionnaire with questions like do you have coronavirus symptoms or have you recently been in contact with someone who has symptoms . If you pass youre then allowed inside. You will notice everybody, customers and employees, theyre all wearing masks. This salon has been extremely busy. Theyre open 12 1 2 hours a day as they try to fill the keep up with this influx of customers. Were pretty much booked until the beginning of june. Then we were able to take appointments after that but for now were accommodating everybody that hasnt been to us for two months. Reporter regulars first . Our regular clients, absolutely. Reporter of course even for those regulars this does take some getting used to but they say its worth it because they have gone almost two months without a muchneeded cut. It was so excited, i got up early. I was so excited to be able to come back, to have her cut my hair for me. Reporter meanwhile the governor of illinois, only about an hour from here, in chicago still considered a hot spot, illinois still under much stricter stayathome order. The governor urging people not to come to indiana to get a haircut. This salon says they have heard from people in other states. As of right now, theyre still only taking appointments for regulars, so they wouldnt be able to accommodate those people anyway. Melissa . Melissa good stuff, grady, thank you. Connell . Connell all right. To the price, melissa, of reopening now. States slowly begin to ease restrictions, some Restaurant Owners have a decision to make, is it worth it to open up the doors again, is it sustainable, is it Cost Effective . Were joined by a bar owner coming to us from the state of North Carolina. Thank you for coming on. I think you guys have pick up delivery, takeout delivery, you will have a decision to make if you havent already pretty soon, so where do you stand . For us personally it doesnt make sense to open our doors for dinein. It is just not really 100 safe and then the economics of opening at a limited capacity are pretty problematic. On a good day, in a good year, were lucky if we get 5 profit. So and that is full operations at 50 is just not really feasible for us to make the numbers work, especially after being closed or limited in our, in our operations for so long. Connell okay. So the health side of it i understand. That is a decision you have to make. You look at the data. You figure out what is going on in your state. It is somewhat after judgment call. On the economics, let me explore that a little bit further if i can. How many people work in your restaurant normally . Did you run the math on that or is it nowhere close doing it at 50 as you said which i assume the first state restriction on the first phase . Yeah. Weve done the math. In our building we have a music venue, a restaurant and a bar. Were all encompassed in one space with three separate distinctions. So the restaurant alone employs 26 to 28 people, between part time and full time. So you know, we certainly cant bring everybody back but there is a certain minimum that you kind of need to have operations, you know. When youre, offering a full in Dining Service with good service, you need a certain amount of people in the kitchen and on the floor and in order to make it work you have to have that number of people regardless whether youre feeding your full capacity or even half capacity. So just, you know connell how are your numbers on the pickup and delivery side . How is that working out . Were actually about to launch a Meal Kit Service and thats the most secure model for us because we can kind of predict what those numbers are. We can operate without a kitchen being really crowded which is the norm for most kitchens. There is no way to keep that six foot socially distance, you know, requirement in a kitchen under normal circumstances. So that, so that part of it is connell would you do that until you can get back to 100 then . Is that how you would work it out . That would be our, that would be where it would be comfortable for us economically and than also, assuming that 100 is rolled out when it is actually safe, maybe we have a vaccine or numbers gone down long enough to where we feel like it is okay. Right now we cant really guarranty connell let me ask you one more question if i can about your workers. So you have, i think