Stay updated with breaking news from Patrick dehaan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The economy, pretty much at a dead stop until may, maybe longer. The market is looking to the other side of the virus problem and surely welcomes more financial help. However, stocks are ending the worst month since 2008 and the dow will open lower this morning, off maybe 140 points. Similar story for the s p and for the nasdaq. A down opening bell today. The price of oil, well, that remains at depression levels. This morning we are in the low 20 per barrel and the average price of gasoline, you got to look at this, the National Average gas price has dropped below 2 a gallon. 1. 99, thats your number this morning. The price is dropping about two cents a day but so what . Demand has cratered, the roads are empty, and few people are taking advantage of dirtcheap gas. Now, this caused a stir yesterday. The u. S. Navy hospital ship arrived in new york and was greeted by crowds of onlookers. They were breaking social distancing rules ....
Will have issues producing energy so lets go out and buy 10 billion or 20 billion worth of oishlgs fil, fill up the res. The oil market has nothing to do with the coronavirus other than theres just a lot less demand at this point. But youre right, unprecedented issues. Maria yeah. No surprise, russia would pile on just in the middle of a crisis for the United States and say im not going to cut production. Secretary mnuchin, a pleasure to have you. Thanks very much for the clarity. We appreciate it. Thanks, maria. Great to be with you. Maria see you soon. Secretary mnuchin. We cut into varneys time. Stu, my sincere apologies. Varney Company Begins right now. Have a great day, everybody. Stuart good morning, maria. Good morning, everyone. If i may just say very quickly, the key sentence to me from listening to secretary mnuchin was we will destroy this virus and the economy will ....
You will see plenty of sunshine throughout the course of the afternoon ahead of us ahead of what will be just a brief area of light showers comer predawn hours tomorrow morning. Temperatures in the 30s still for palo alto redwood city dublin in livermore it is a chilly but bright morning so far north bay also in the 30s for a few areas after such a chilly start we do have a very comfortable day on tap, a cold or morning than yesterday but a warmer afternoon as highs in the south as i mention rise into the mid 60s. Under these clear skies. Robin wright thank you john over to the east bay a problem in concord were checking out the south that will pass road. Theres a truck that lost its trailer and it looks like the wheels are broken. Its about 35,000 pounds, so theyre waiting for a heavy duty tow truck to come back out and a clear this out of your way that detach from the front legs so with this trailer stuck in blocking right at the top of the will a pass on route to south 6 ad. Theyve ....
Of control. Strong winds set to worsen an already dire situation. A live report just ahead. Weekend washout, the first winter storm of 2020 takes aim at ten of millions in the south, midwest and northeast. Heavy rain and snow expected. Flood watches just issued. Al is tracking all of it. Those stories plus today exclusive, the husband of a beloved Sports Reporter killed in a tragic plane crash opens up to honor her legacy. She loved fiercely. She loved so much. Red carpet ready, weve got your guide to sundays Golden Globes, hollywoods Biggest Party of the year. And escalation of tensions. Hoda and lester. Andrea mitchell starting us off. We have nbc news chief Foreign CorrespondentRichard Engel with his b ....