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There it is with the gains now approaching for netflix 5 lets get to bob for more on this big market rally. Bob. Its hard to believe but we have retraced 50 of the losses in the s p 500 from those numbers about towards the end of february towards the end of march 23rd that was the lows. We traced 50 of those lows. The biggest ones out there microsoft, apple, amazon, google, facebook this is more than 20 of the s p, these five. Apple shipped 2. 5 million phones into china last month. That was much higher amazon is sitting at a historic high when these five stocks move like this, everything will...

Eight today have enough test to implement the criteria and phase one if they choose to do so. Chris we will discuss the new federal guidelines with governors will be empowered Vice President mike pence and to tailor an approach that makes with Small Businesses bearing the brunt of the economic the diverse circumstances of their own states. Shutdown, congress negotiate the deal to save them. Every state is very different. We will ask house chris President Trump Speaker Nancy Pelosi how close announcing new federal they are to a compromise. Guidelines thursday for reopening the economy saying pe...

Ofning are you supporting the governor of georgia . Pres. Trump i am supportive of the view each state needs to make the call itself. Social distancing incidents like nebraska, a lot of the economy is at a place it is easy to social distance but in new york city it is hard. There is a new study that shows the disease path in new york follows subway routes. I think it is a local decision when you can open up because social distancing that will keep you safe is possible. One of the things we have seen in the data is there are a lot of counties in the country where they have essential workers so ...

Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distancing rules in place across the country, and that was the result. Down 29 . The other big story of the ...

Were not seeing that, but im looking at tech stocks we are seeing still dramatic moves, pintrest up about 10 shop fie up about five the market faded gains yesterday in the 10 00 hour bounced back by 11 00 and close we were about flat you never know which way that is going to go, right, morgan thats true, jon. We have averages up about 20 off the march 23rd lows. One of the questions being debated on wall street right now is are equities ahead of reality . The focus has been for investors for the market the curve of the virus. We are seeing some of the hopeful signs thats maybe flattening in th...