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Francine theres a different term people who are in lockdown in the u. K. And other parts, people being bored. The different tone from people in charge saying we are trying to keep you safe. We dont exactly know when we can reopen or how much. It is a great experiment. If you look at italy, france and germany, do you reopen automotive first . It is going to be a delicate situation. We will have to see one data time. As i speak to you about optimism, just outside my window beneath me next to mount sinai on fifth avenue, the drone of sirens. We begin in new york. May 15 is the date the state could be reopening. Governor cuomo laying out a plan that starts with construction and manufacturing. He said it would probably begin upstate before moving down south to the city. Yesterday, the state reporting 367 deaths, the lowest number in almost a month. U. K. , Prime MinisterBoris Johnson< ....
Last years revenue went through china. Alibaba moves a step closer to a share sale in hong kong. The impending offer could raise as much as 20 billion. Shery lets get you started with a quick check on how markets closed. The s p 500 finishing at the highest level in five weeks. The nasdaq, the highest level in a month. Reversingtors yesterdays office to gain ground in yesterdays session. Most were in the green. They were led higher by Energy Stocks. Take a look at wti. Wti prices gained as much as 4. 5 at one point. Apparent attacks onto tankers on two tankers building up the tension in the persian gulf and leading investors to get worried about supply around oil. And we saw now on crude, jumping 2 in the last two sessions. U. S. Futures at the moment unchanged. Lets see how we are shaping up to the asian markets. Sophie this friday, were facing a mixed session with type and commodity sectors in focus. Get activity data from china ....
Back up, but people do, which is how this market could go into free fall with the dow plummeting 277 points before gaining senses and finishing flat. Nasdaq coming back. Most people dont step back and reason. For example, the oil stocks have been declining for days on end and widespread contention that oil complex was the single most dangerous group out there. Then last night real mad money presented a clinical analysis negativity toward the group via the charts. Good picturorals and observed climax low and then big bounce. Most of you, according to my twitter feed seemed incredible o incredulous. Wala, we had the biggest oil stock rally in ages. Thats what i mean by clinical analysis. The dow has been down eight out of the last nine days. But like new oil this kind of settling can get over done. The s p took another header last night. Down 20 ticks when i got up. Chinese wouldnt be this wreckless moving this quickly unless things cooled at the retail and wholesale level, consumer and ....