You should scrappy thanksgiving travel plans, the senator who just tested positive for covid takes a stand, what does all of this mean for travel and tourism in the industry, april 11 ceo known internationally for its famed tours, equally is here on how he plans to deal with this latest blow, market is wrapping up the reek with one glittering start in particular, wait until you see what bitcoin is doing we have the dow down 135 and the s p, the nasdaq punted in the green of 12 points, breaking news, President Trump Just Announced two actions to lower drug prices, heres the first, he will require Drug Companies to pass discounts on to patients, not middlemen, those are called rebates, the middleman are called the pharmacy benefit managers, they are used to help the Drug Companies manage the situation and act as a middleman, he wants those rebates to be passed on to medicare and met him, the price drugs are the favored nations club and the prices that americans would pay would pass the l
Deterioration here. We are suddenly down. 6 having gone negative a few minutes ago. Our bloomberg reporter is suggesting it is chinas response to President Trumps accusation. Safeguarding it will its interest and offer countermeasures after trump sent, a letter to congress a strategic approach. We will see if this continues throughout the afternoon. 500 isow the s p down. 6 . The Boston Scientific is down 5 . Best buy is down 5 , and many other companies. The 10year yield at 66 basis points. Dire Economic Data again today. Justollar index, it was about 99 at the beginning of todays session. Above 34 a barrel now. Higher. Long as it is lets talk about what is happening with the negative rates in the u. K. Replicated over in the United States as well. The eurozone has that experience. Tom withfrancine and the former governor of the bank of england. This was his take. I dont think it is credible to believe a longterm solution to the problems we are facing can be achieved by moving Interes
Million cases of coronavirus and 63,000 people have died from. Covid also, six bay area counties announced they have shelter in place orders extending through the end of this month. Meanwhile, testing is growing and Public Health officials are focused on context tracing as a second vital phase to contain the virus. Joing us is dr. Rutherford, sfa epidemiologist, advisor to san franciscos department of Public Health, who is leading the program that started this week in san ancisco. Think you for joining us again. Thank you for havingme. We will get to contact t tracing but fii want to talk about breaking news today. The fda has authorized the emergency use of to reduce the mortality d duration of covid 19. It has been proven to do this and some studies although one study was negative. How quickly can be utilized . I think it is a great step forward. The fact that there was a s negatidy from china does not really bother me very much. At study dinot really have a lot of power for people a
Million cases of coronavirus and 63,000 people have died from covid19. Also, six bay area counties announced they have shelter in place orders extending through the end of this month. And Public Health officials are focused on ntt tracing as a second vital phase to contain the virus. Joining us is dr. Rutherford, a ucsf epidemiologist, advisor ton san scos department of Public Health, who is leading the program that started this week in san francisco. Think you fojoining us again. Thank you for having me. We will get to contact talk about breaking news today. The fda has authorized the emergency use of to reduce the mortality and duration of covid 19. It has been proven to do this and some studies although one study was negative. How quickly can be utilized . I think it is a great step forward. The fact that there was a negative study from china does not really bother me very much. A lot of power for people and it to really get the effects or understand exactly what the effects are. Th
They have been choppy for the dow over the last few minutes. Theres your picture now nasdaq outperforming yet again up for the fifth time in six days all of it factoring into the debate liz young, bny melon director. We want to begin with stock. We have been all around a little bit. We are green aacross the board the dow is towing the line what is this action telling us about where you think we are and where we might be going on day with we got another tom lee who said not only is the bottom in, were in a bull Market Recovery reflect whing what he told us on this program the other day i like tom, i respect his research i dont disagree the bottom is in it doesnt mean were not going to see it again. I think the rally is pretty fragile. There hasnt been a good reason to rally up to this level. I dont think its unreasonable to see well see another 10 to 15 pull back before we get a decisive and durable move upward the list of things that could surprise the market is much longer than the li