Inperson activities shut down can the nfl save football from a covid collapse announcer live from cnbc global headquarters, the facts, the truth, the news with shepd ard smith. Good evening. Doctors and Health Experts warning about another surge of covid cases. More on the cure in just a moment but first, a look at where this pandemic stands heading into the month of december. The United States now averaging more than 162,000 cases this past week. This month alone, we reported more than 4. 2 million new cases. That means near lily one third all of the cases have been added in november. Right now 93,000 americans are hospitalized with covid. As you can see here, the deaths are climbing towards that peak it comes as millions of americans struggle to dig themselves out of financial holes caused by the pandemic so far congress has failed to provide more relief. The consequences of the inaction growing by the day but its a different story on wall street. The dow rose by more than 11 in just
87, the russell small caps up 20 , its best month ever can the run continue and moderna says its ready to file for emergency use while novavax announces a second delay in its late trials we have the details. P power lunch starts right now it wouldnt be a record rally if there werent some bumps along the way. Was today just a oneday pause or something more . Lets go to bob pisani for more. Hi, bob. Hello, kelly. It actual its actually not a bad day. We were down 447 points, weve regained almost half of that if you look at whats down today, Energy Stocks, some up 30 for the month. Thats down. Bank stocks, another amazing rally. Look at this, tech is up apples had a monster day, up overall some of the semiconductors also doing well health care is down fractionally, thats a defense of group if you look at whats going on for november and the value cyclical location, this must be an alltime record for Energy Stocks banks up almost 20 , industrials as a cyclical group. So theyre not selling t
Twoyear is now trading, but that doesnt seem to matter. The majority of debt in europe all undergoing this powerful rally, despite the fact that we are going to see horrific unemployment number in about an hour and a half. Lets get you out of the market moving news from our new york team. We want to start with the much awaited u. S. Jobs data out of april for the next hour. Economists now estimating 22 million jobs wiped out in the past month. Joining me now is carl riccadonna, bloomberg chief economist. It is hard to put these into perspective. Help me out. Morning. D these numbers point to immense disruption in the u. S. Economy, on a scale we really have not whichn recorded history, goes back to either world war ii or the great depression. ,o put some context around this this is far more than all of the job losses we saw during the Great Recession concentrated into a single month. If we take the job losses of the last nine recessions, lump them all together going back to the late 19
The. Another day of violence in hong kong the schools and universities are closed across the territory costs. In linton north dakota remember the people who protested at Standing Rock in north dakota over plans to build an oil pipeline unit of American Land well theyre back this type protesting plans to expand that pipeline. Hello a cease fire has been agreed in gaza after 2 days of cross border fighting and israeli airstrikes egypt has been mediating between israel and the Palestinian Group Islamic Jihads 34 palestinians have been killed in the air strikes over the past 48 hours the escalation began after the israeli army assassinated a Senior Leader of a slum of jihad on tuesday. Israels foreign minister says it will observe the truce as long as the group does the same an Islamic Jihad spokesman confirmed the ceasefire and other than the also led winton to effect on the ground at 5 am with Islamic Jihad conditions on behalf of the Palestinian Resistance factions dealing clue to the o
mass shooting in buffalo, new york where a teenager killed ten people at a tops grocery store just because of their color of their skin. today, residents are commemorating the horrific attack. this mother s day, we are talking to a mom whose son was shot and survived, also we have the head of the naacp here, and he s going to weigh in on white supremacy in america, gun violence, and more. plus, america at risk of defaulting on its debt. sending the u.s. economy off a cliff. the white house lawmakers can t reach an agreement soon. we are digging into why social security and medicare could be the first things on the chopping block. and britney griner back on the court in her first wnba game since being held in a russian prison for nearly 300 days, y all. i m symone sanders-townsend and i have something to say. there are too many mothers in america who woke up this morning knowing that mother s day phone call from their child was not coming, because the epidemic of gun v