in the meantime, we are range-bound which is not a bad thing. we want to be range-bound and we want these earnings to come in. get out your pencil and pen, you are going to get a lot of ideas over the next two weeks. meantime, here's my colleague liz claman. take it away. liz: i got my pen and my highlighter. i'm going all the way here. backing it up. markets are definitely pumped, particularly the nasdaq, which right now is at a session high and gaining three full percentage points and all the majors are looking pretty good. the dow jones industrials up 523 points, s&p is spiking. yes, the crude crash has dissipated but at what cost? why do we ask that? well, prices are moving north for crude oil after president trump threatened to attack iranian ships that are harassing the u.s. navy. oil right now trading up 22% in

the aftermarket session. we do stand at $14.12 a barrel. that, though, does certainly not erase the rout oil has seen since the coronavirus stopped global commerce in its tracks. but charles payne would tell you, where there's a losing investment there is always a winning investment. the supertankers that carry the black gold are seeing smooth sailing as oil producers look to the high seas to store the massive crude glut. the ceo of publicly traded international seaways has 13 huge supertankers. wait until you hear how much that company is now charging to store oil on the open ocean. it's a fox business exclusive. an interesting investment, you have to hear about. interesting and timely. restaurants are also searching for new ways to move the food, as their dining rooms remain closed. we will talk exclusively with the ceo of super-hot design your

own salad chain jump salad on how he's making a dramatic shift to a new market for you. and this might put a smile on your face. the company that straightens your teeth with plastic trays is now putting its money where its mouth is to help first responders in the covid-19 crisis. the amazing shift that smile direct club has now made to its production line. wait until you see that. and rejecting the victoria's secret angels? who would do that? we will tell you. and the sushi chain flush with cash that still managed to nab $6 million in small business loans. less than an hour to the closing bell, let's start "the claman countdown." liz: we've got some breaking news that literally has just hit the tape. it is coming from the center for

disease control which has now confirmed that two pet cats in new york state have covid-19, the coronavirus disease. they do live in separate areas. they had mild respiratory illness but are expected to make a full recovery. i've got -- to cats cough? respiratory? hairballs. okay. the cdc says at this point there is no evidence whatsoever to indicate that pets spread the virus to humans. okay? please take that note. that's important. who in their right mind would reject a victoria's secret angel or all of them? private equity firm sycamore partners. just two months after committing $525 million to take a controlling stake in the lingerie chain, sycamore has filed suit to back out of the deal with the parent l brands. by implementing mass store closures, furloughs and neglecting to pay april rents

due to coronavirus troubles, sycamore says l brands violated terms of the deal. l brands says it will contest sycamore's lawsuit but in the meantime, l brands stock is suffering, down 23.75% right mou to $9.20. they're not the only retailers in trouble. as reports swirl that neiman marcus could file for bankruptcy as soon as this week. former sak's ceo will join me tomorrow live on whether coronavirus could kill off department stores. stay tuned for that. that's tomorrow. let me get to netflix. after a supernova of a quarter where the streaming giant added 15.8 million new subscribers globally, more than double the expectation, and says its runaway hit "tiger king" was watched by 64 million households, netflix stock is actually moving lower by about 2% on profit taking but also on questions about what happens to those subs once covid is over and we get out and about once again.

we should also mention snap is up 31%. it's the parent of snapchat, reporting a 44% jump in first quarter revenue. daily active users grew 20% year over year. flip it to chipotle mexican grill, reporting an 81% growth in digital sales due to a boost from online orders, as americans follow the stay-at-home edicts. the stock is up 12% right now to $884.37. peloton today resuming its live workout classes after shuttering its spin bike studios. all of them back on april 3rd, when an employee tested positive for covid-19. classes for peloton will now be streaming live from instructors' homes. the stock up 1% today, up 9% year to date. it's kind of become known as a stay-at-home stock. can i brag? last night, i clocked my 150th

ride. bravo. that's why my hair is frizzy today. the markets may be rallying after oil's comeback but are the recent rallies the real deal? should you believe them and think that there's no turning back? or are they false hopes of just glimmers here for investors? according to citigroup's global equity strategy team, the bear market in stocks they say is not over quite yet. that big upside move that we have seen recently, likely generated they say not by strengthening fundamentals but by promises of, you know, the term helicopter money dropped from central bankers. helicopters. of course, the federal reserve among them. the administration, though, is looking to reopen most of the economy it says by the summer, so does it mean the bear market is here to stay until then? let's bring in our floor show traders. teddy, i do wonder if citi analysts might be right here. 22 million people unemployed,

huge economic disruptions, that doesn't just dissipate immediately, does it? >> no, liz, it sure doesn't. but you know, there's nothing more bearish than a sold-out bowl. we had a lot of people that had a lot of pain over the last four or five weeks and a lot of folks are looking for the market to retest the lows but somehow, the market never quite does what people expect it to do. we are sort of in no man's land at the moment. today looks very good, clearly there's some real issues in the travel sector still, but overall, the tape is pretty good today and i think after two bad days, i think a lot of folks came into today thinking we were going to see another down day and maybe a retest of those lows, but you know, you can't fight the tape. we talk about it all the time. at least as we speak now, they look pretty good. liz: but the tape has been so fickle, down a day here, up a

day there, down two days, up three days. phil, i look to the ten-year treasury yield. yesterday we saw it, i looked at this number and said wow, it's getting really really low here. yesterday we were seeing it in the low .5%. right now we do have it at .62%. tell me if you get any message from that about whether, you know, the bond market is so tentative that it does speak to what citi analysts are saying in that it's going to be awhile before we get out of this bear world. >> well, you're definitely seeing a lot of money still going into bonds because people are still scared. there is a lot of uncertainty out there and people are going to that level. but if you look at the vix index, for example, it has come down from some of those dramatic volatility days from just a few weeks ago. you mentioned the oil today, too. as bad as we have weekly inventory data this week as well and as bad as those headline numbers look, if you actually looked at the demand numbers,

they seem to be stabilizing and starting to turn up. so even though we have seen, you know, total demand devastation because of the coronavirus, at least here in the united states it seems to be stabilizing and i think that's another reason for higher prices. liz: yeah. look at u.s. oil fund, it's now $2 and change. we are watching all of this and more. teddy, phil, thanks so much for weighing in. good to see you guys. you guys are my guys. we love them. closing bell ringing in about 51 minutes, and we do have the dow jones industrials pumping higher by 528 points but keep your eye on that nasdaq. it is a huge winner at this hour. s&p is also up about 70 points. quest diagnostics announcing it is now processing antibody tests made by abbott labs. quest is really jumping, 6.75%.

abbott better by 1.75%. perkinelmer beating quarterly estimates on both the top and bottom line earlier this morning. up next, the company that gives you a perfect smile now working to cover it up for first responders. how smile direct club is changing its production line to protect the front line of the covid-19 outbreak. it's a story you've got to hear. you will get it right here on "the claman countdown." (music) every financial plan needs a cfp® professional --

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liz: the golden arches celebrating front line health care workers. mcdonald's announced that yes, through may 5th, free breakfast, free lunch and free dinner to first responders and health care professionals as their way of saying thank you. companies everywhere are working very hard to turn their products into some form of help during

the crisis but how could you possibly help if your products are tooth aligners, the straightening trays? smile direct club has embraced this challenge. it's using its 3d tooth aligning technology to make face shields, the plastic face shields that prevent health care professionals or makes sure that they don't catch covid. well, the company is using its 60 plus fleet of 3d printers, you're looking at them right now, and transforming them and so far they say they have shipped nearly 40,000 of those plastic face shields. we've got to hear this story. thank goodness we have the chief global supply chain officer of smile direct club, dan baker, to tell us. we just love this story. give us the nuts and bolts of who came up with the idea and how you were able to transform your 60 gigantic 3d printers to do exactly what they're doing now, making plastic face shields?

>> thanks for having me. you know, at the start of march we started to see this pandemic spread across the u.s. like everybody else and here at smile direct club, we decided and knew we needed to do what we needed to do to help fight against this pandemic. you know, we are an fda verified manufacturer of class 3 medical devices so it was natural for us to make a shift and of course, the beauty of 3d printing is that it's very agile and you can change what you make pretty much overnight. so we repurposed our manufacturing capabilities here which you rightly say make teeth aligners on every normal day and we dedicated over half of our production capacity to start making the critical ppe that the front line medical workers needed. so you know, it was a natural thing for us to do. the great thing was it kept many of our team members working through a critical time and as the largest 3d print facility in

the u.s., smile direct club was able to make over 10,000 face shields a day for the past month and we have got orders as you say for close to 40,000 we shipped already and there's orders for another 100,000 in the supply chain. liz: you know, it was really hard for some companies to shift their entire assembly line but it took general motors, they had to get partnerships and it took a little bit of time. seems like you guys were able to do this really quickly. give me a sense of, you're in tennessee and you're manufacturing these in antioch, tennessee, what that means to the community. >> you know, i think the other companies that have also helped in this desperate need have done different things. some of them have made n95 masks and that requires a little bit more engineering, particular

manufacturing assets. as i said, 3d printing is incredibly versatile. all of our team members here as they stepped up to the plate and come back to work to make these, have been just incredibly proud to be able to make a difference. we have shipped supplies to organizations such as a health system up in idaho, university of illinois in chicago, tennessee emergency management agency and you know, all sorts of businesses big and small, not just today but also as we look forward, grocery stores, dentists, they will need these types of products, face shields, as we begin the process of reopening and getting back to some sort of normality but doing business is unusual in our new world so face shields, i think we honestly believe are going to be a key part of that. we are very proud to be part of this effort. liz: i think it's wonderful. and i just have to ask, did you ever think that you were going to turn your mouth guards and teeth aligners into life-saving

devices during what is the worst pandemic we have all ever seen? >> you know, smile direct club is an innovative business. it's working in a really innovative space. this isn't unnatural for us to turn our hands to new opportunities. it's a great business to work for. we are just as i said, proud to be part of this and help wherever we can. liz: dan baker, please thank the entire team at smile direct club. thank you very much for joining us to tell us this very inspiring story. closing bell ringing in 41 minutes right now. dow jones industrials still up about 517 points. we do have that nasdaq up 250. high of the session for the nasdaq, 257. we are not far. smile direct is not alone in switching gears due to the covid-19 fight. up next, the ceo of super-hot design your own salad chain,

just salad, that also decided to move with the times by entering an entirely new category. just salad, not just selling salad anymore. the ceo is here when "the claman countdown" comes back.

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businesses, schools, stadiums, arenas and the restaurant industry were ordered to shut down to prevent the spread of the coronavirus all across the united states, this is kind of heartbreaking, farmers were forced to let crops rot, fresh vegetables and then of course, dairies were forced to dump millions of gallons of milk. they are still doing it every single day because the supply chain has broken down. these farmers, 50% of what they put out goes to the restaurant and to the industries such as stadiums, so to repackage it all and try and get it to the retail supermarkets just hasn't been able to get done. however, takeout menus, that hasn't even been enough because they are so slimmed down, they haven't covered what all the farmers are able to sell. our next guest is, we decided to put it as turning lemons into lemonade, literally. fast casual design your own salad chain just salad is branching out, and what they have decided to do is morph

their business, adding a grocery and meal kit service to survive. the chain has announced just grocery, in new york city for now delivery service, offering food and pantry staples along with meal kits for some of its popular menu items in 90 minutes or less. here in a fox business exclusive is the just salad founder and ceo, nick kenner. i understand you just started grocery service in jersey city, right? >> yeah, liz, thanks for having me. yeah, we just expanded to jersey city and brooklyn as well, and we started with manhattan about two weeks ago. it's been very successful. we are a little surprised but extremely happy about what we're seeing so far. liz: well, tell us what propelled your decision to launch the grocery service. we have watched as zucchini farmers have dumped hundreds and hundreds of pounds of fresh vegetables, it kills anybody who really hates to see food wasted,

to see that. >> like a lot of great ideas, this one came from our employees. they were getting off shifts at just salad worried about going to the grocery stores, they felt there were too many people, it was very stressful. at the same time, grocery delivery is not a reality for many people. that seems to be breaking down. it's taking two to four days right now for our employees or anyone, for that matter, to have groceries delivered and they have families, they're working, they don't have time to plan that far in advance. as a result, many of our employees were coming to just salad and saying hey, can we purchase toilet paper, avocados, bread, lettuce, at cost so we don't have to go through this process on delivery grocery and going to grocery stores. so we started to design a system for employees to buy groceries from us at cost than was kind of that light bulb moment where we said you know what, if our employees feel this way, probably our communities, our

consumers, feel the same way. we felt it was a great solution. we are out of new york city, philadelphia, chicago, north carolina and florida. most of the communities have been hit pretty hard and we thought this was a value add for them. liz: okay. so tell me what sort of grocery specials, we see it on the screen, nuts and grains, fruits and vegetables, you are also doing paper towels which i love, can't find paper towels on this side of the river. but talk about what people are ordering. what else are they specifically requesting and how has this felt for your farmers, who have supplied the just salad stores before the coronavirus hit? they must be thrilled that they are able to move some of their product. >> yeah, look, our farmers, our manufacturers, our distributors that we deal with, for sure they want to move as much product as possible and we are trying as hard as we can to do that.

but just grocery, it's really kind of a scaled-down version of amazon groceries or pea pod or fresh direct but we are just doing it faster, we are delivering in 60 to 90 minutes and we are delivering all the essentials and over time, the last two weeks, we have added things that customers have demanded, so now it's not just the essentials but we have moved beyond that and done meal kits designed by just salad, our famous house made dressings, pesto sauce, butter lettuce, a ton of products. the differentiation is really at this point speed but also really fresh produce product. that's a place where a lot of these grocery delivery platforms fall flat is the produce tends to be not as fresh. that's what we really focus on with our farm partners and distributors as well. liz: i think it's terrific, nick. chicago and philly are on the

phone. they want this service. get on that and expand. good to see you. great work. great work on behalf of all of your people. nick kenner of just salad. by the way, they are also donating thousands and thousands of salads, every single day, to the mt. sinai hospitals in new york city. bless you. thank you so much. so many business owners have questions about how to weather this covid virus and fallout of it. fox business is giving you all the chance to ask the billionaire who has been there. dallas mavericks owner mark cuban. he owns the mavs so he has not been able to have any of the games there, but he's a really brilliant businessman as well as going to be charles payne's guest on the next america works together virtual town hall tomorrow, 2:00 p.m. eastern. send your video questions to investedinyou investedinyou@foxbusiness.com. then stay with us because the

all-important final hour of trade, as i said, doesn't matter how the markets open, it's how the market closes. speaking of which, we are 30 minutes away from the closing bell. the stock market is still near session highs. keep your eye on that nasdaq, jumping about 256 points. high demand, you just heard nick talking about it, for toilet paper, any paper product. paper towels, right? well, that really boosted kimberly-clark's first quarter sales. they are now shifting more production to its popular consumer brand versus the thinner, rougher bulk toilet paper products it sells to offices. kmb having an up and down day but on a roll since the beginning of the month, up nearly 9%. oil's collapse has created one very big winner in the market. up next, the ceo of supertanker owner international seaways talks the super success

supertankers are seeing as worldwide demand for crude flies but huge demand to actually store it on the open seas is increasing. we'll be right back. america's oldest lighthouse has weathered many storms. seeing the break in the clouds before anyone else. together, we'll weather this storm.

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liz: all right. you want to see something stunning? this is midtown manhattan on your screen. it is virtually a ghost town here. this is a live picture, right outside our studios that are normally open at sixth and 48th. this is sixth avenue outside our offices. you can see radio city on the far right there, radio city music hall in the background. look at this road. there is no traffic. normally it is jam-packed with hundreds of thousands of cars going through and foot traffic, but new york's lockdown has put an end to most of that. along with all the gasoline that was being used by drivers, cabs

and buses. that near zero demand all around the nation along with rising supply has sparked a frantic search around the world for something called vlccs. that stands for very large crude carriers. there are only 850 of them in the world and normally most of them are moving oil say from the middle east to asia or europe. but now they are making money hand over fist simply storing all the oversupply. our next guest's company owns 13 of these very large crude carriers. lois zabrocky, president and ceo of international seaways. thank you for joining us. this is a fascinating story. you talk about everybody's getting crushed in the oil market but you guys are a winner here. when did you start getting calls from customers asking if they could store versus transport crude on your very large carriers? >> you know, liz, it's a

pleasure to be here. we appreciate it very much. we really had the initial calls, i would say, started about two months ago at this point, where you know, you started to see the demand decrease but production was still at a very high level. liz: we're looking at these vlccs. it stores, as i understand it, about two million barrels apiece. normally, as we said, they are moving crude. now tell us what it means for some of these that you have converted, some of these 13 you have converted and where are they parked and how do you fill them and who is the request coming from? we got to store a bunch of oil here. >> so you know, it's really many of our classic typical customers including national oil companies, big oil and oil traders. so it could be anyone from your

exxon and chevron to bahrain, the saudi arabians to simple oil traders, all of the names in the market. so vlccs have often stored before, most notably recently would have been in 2015 when oil prices went from $140 per barrel down to about $40. so whenever you have a situation where your prompt oil prices are very low and then your prices out further, say six months out, are much higher, so you have a price structure, that gives incentive for customers to store the oil because they can lock that in on their paper and then go ahead and charter vessels and store the crude on the ship. the crude is very often stored -- liz: lois, i just wanted to know the pricing.

i would imagine you have major pricing power right now, before the virus shut down everything. what would it have cost to store or to rent one of these vlccs and what does it cost now today? >> right. so it's interesting. when the year started, we were probably earning somewhere around $70,000 per day which is a very strong market with your averages over time being somewhere around $40,000 per day. when china, which is probably let's say eight weeks ahead of the western world, certainly the united states with the coronavirus, started to suffer and have their people shelter in place, we saw our rates fall to $25,000 per day. now today, we are looking at a market that is in excess of $150,000 per day, or if you can store on your ship say for six

months, you are looking at rates that are somewhere around $80,000, $100,000 and in some cases, slightly in excess of that. so if we rent one of our vlccs for a year to earn $60,000 above cash break-even levels of around 25,000, you are going to be adding per vlcc something like $20 million in ebita to the bottom line for the company. it's very significant what we are experiencing at this moment. liz: i would see that. you guys are there, you are fleet of foot, figuring it out and providing storage whereas most of the storage is getting filled up on land and that has become a huge problem. it's good to see you. thank you. please join us again, will you, because i want to follow this story. we know that oil prices will eventually recover slightly, if not all, but we will have you back. thank you very much. >> thank you so much. i really appreciate it.

liz: absolutely. absolutely. 19 minutes away, dow jones industrials up 537. so shake shack is now turning out to be not the only restaurant that got its hands on the bailout funds that were intended for small businesses that were really struggling during the coronavirus. up next, the l.a. sushi chain that got the money, millions of it, and so far, is keeping it despite having millions of dollars in cash in reserve. while you're working from home or taking care of your family, tune in to my everyone talks to liz podcast. the incredible story, this just dropped today, of mga entertainment ceo isaac larian. he runs bratz doll, number one doll in the whole wide world, lol surprise doll. he emigrated to the u.s. from iran at the age of 16 with barely any money. he went on to build a billion

dollar toy empire that is taking on now the fight against coronavirus. one of the most inspirational people i have ever met. tune in. apple podcasts, fox news podcasts, wherever you get your podcasts. as we all search for the light at the end of the tunnel during the pandemic, i know my podcast will encourage you to keep on fighting. we'll be right back. so i listen to audible almost any time that i can.

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liz: breaking news. harvard university just released a statement on twitter saying it has decided not to keep the money, not to accept the funds from the coronavirus relief law.

initially harvard which sits on a $40 billion endowment fund, was set to receive $9 million in taxpayer aid from the cares higher education emergency relief fund. this is separate from the ppp fund for the small businesses. it says that harvard has been allocated funds as part of the cares act. harvard did not apply for this support, nor has harvard requested, received or accessed the funds. harvard, the school will inform the department of education of our decision and encourage the department to act swiftly to reallocate those resources, but you should know that $12.5 billion of the cares act money that had first been given out was directed to about 5,000 different universities and institutions of higher learning. harvard got some of it, $9 million. harvard now saying it is going to give back the money. that's interesting, isn't it. isn't that special. 12 minutes before the closing

bell rings, another fishy situation, so to speak, is developing with the paycheck protection program, as large restaurant chains like shake shack and ruth's chris steak house came under fire for taking funds from the ppp that were intended for small businesses that were desperately struggling, a lesser known but very wealthy sushi chain has been caught overfilling the plates. california-based curra revolving sushi bar, a publicly traded company that apparently has about $24 million in cash reserves, recently obtained a $20 million loan from its japanese parent company so it had credit. well, it turns out according to l.a. eats website, nearly $6 million in federal stimulus from the ppp, it was able to snag. despite the critics out there, investors digging in on the news and shares are up about 7.6%. i do want to give credit to l.a. eater.com.

they were the ones who discovered this and i'll tell you something, that gives people a very high anger factor. smaller businesses around the world are reporting they still have yet to receive the money, any help from the federal cares act. congress is poised to approve another $320 billion in funds for the ppp but without new restrictions or oversight, i call it guardrails, will it all be gobbled up once again by big businesses who somehow manage to fit into the parameters legally? charlie gasparino has been all over this story on loans and has more about this now and the loopholes. you saw that the sushi chain which has a lot of money was able to get millions, now what, jamie dimon is getting involved? charlie: i mean, the travesty of this is simply this. the fed has taken extraordinary measures so public companies can go and tap the corporate debt markets. there's money there. they pay very low interest rates. but companies like this, shake shack, before it gave back its

money, basically went into the ppp to get even a better deal on borrowing and that ppp money as you know was intended for real small businesses, mom and pops, that didn't get the money that got pushed aside as hedge funds, brokerages, profitable businesses, even public companies, even companies with more than 500 employees in hospitality, in restaurant chains, they don't have to have -- they don't have to be small businesses. they get the money too. they get pushed to the front because they are the best customers and according to the way treasury enforced the rules, they would have to be essentially handled first. here's what we know right now. steve mnuchin, the treasury secretary, has been watching our coverage. i know this for a fact because i spoke with treasury officials yesterday who are not too happy. here's what we do know. they are trying to fix this issue. this is what they are telling me. from what i understand, sources are telling the fox business network that mnuchin has turned to jamie dimon, head of jpmorgan, the ceo of the

nation's biggest bank, for some help in fixing the ppp program to make it so they have some rules in place where banks are essentially pushed or prodded or forced or have some guidelines where they need to make loans to real small businesses, not some hedge fund, not some publicly traded company that can tap the debt. we do know that he's recently been invited, mnuchin, after we have been reporting since the program began of the problems of this, in this program, and what's interesting is that treasury we hear is taking some interesting and maybe punitive steps, what i'm hearing from sources at treasury is that they are pushing for voluntary clawbacks of loans going to businesses that don't necessarily need the money. they want businesses to give back the money, if they can't prove they really need it. it's voluntary. it sounds weird. what treasury is telling me is

they force it at some point because all these businesses signed a loan document saying they needed the money. if they really didn't need the money, they believe there's a legal hammer to force them to pay it back. they are telling the businesses now voluntarily give it back before we come after you. now, what their legal liability is, that's a question for judge napolitano. i think the treasury is on kind of thin ice here legally because most of these companies, by their very parameters the treasury set up, qualified for the loans but they are calling for voluntary give-backs. couple other things, liz. we hear government does believe when this new money starts flowing out and i believe it could flow out as early as next week, monday, it's going to be depleted fast. there's so much demand for this. small businesses got so screwed on the first round that they are applying like crazy. it's likely that this money will be depleted in just a few days. one other thing, liz. the government stimulus program has gotten off to such an uneven start that hedge funds have

gotten those low interest loan checks and dead people apparently are receiving stimulus checks. still receiving it. back to you. liz: crazy. crazy. one of our traders, scott bauer's son applied, was one of the first at jpmorgan in line. still waiting on the money. charlie gasparino, thanks. stocks at session highs. we'll be right back.

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it lets you shortcut the loan process and refinance with no income verification, no appraisal, and no out of pocket costs. one call can save you $2000 every year. call my team at newday usa right now. ♪. liz: nasdaq leading the rally charge on this wednesday. you can see it is moving higher by 241 points. new high for the dow was 595. we're at 496 right now. so a little bit of selling into the close. want to quickly tell you about facebook. facebook is pitching in more than seven percent to the nasdaq. spending $5.7 billion, in a indian company called reliance

industries. the social media giant looks to roll out services for india grocers and small businesses through it is popular messaging platform, whatsapp. facebook is a top holding in a special etf that our "countdown" closer said you really should have in your portfolio today. we welcome, tom lyden. tom, ogig. talk about this etf. >> ogig, it is the top internet companies. liz, we know that the "fang" stocks have done a great job bringing markets back. you know the googles, the amazons, the apples, netflix of the world. they're all in ogig but also you have got alibaba, you've got zoom in there as well. you've got tencent. so all these online, big companies that have really been great for business on this work at home variety. i know amazon packages are showing up at your door every day and this is all part of it.

so, as we work from home, it is not that things are stopping. we're doing all we can but when you think about embracing microsoft like we never have before, that is all part of ogig, o-gig. liz: how did you know i was having so many amazon deliveries lately. >> [inaudible]. connell: yeah, that would be me. real quickly, gold seeing a decent rally. it is up $45 at this moment. your favorite etf for gold? >> gld is the most trade and liquid. however it is held by most people and you have central banks around the world that have been buying up gold for the past three or four years. gold recently hit a seven-year high. it has been one of those great diversifiers in the volatile market we've seen. going forward, liz, is the

demand for gold isn't slowing down. [closing bell rings. liz: tom lyden, of, great to see you, tom. thank you so much. by the way, everybody join me in just two hours, 6:00 p.m. eastern, liz claman on twitter. that is when futures trading begins and i bring it all to you, @lizclaman on twitter. i will see you then. connell: recovering some of this week's losses. stocks with a rebound today following that historic plunge in oil prices that we saw earlier in the week. so nice little bounce back for the market. good to be with you, i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the major averages up more than 2%, closing near session highs, just minutes from you no. we are going to get reaction from white house economic advisor larry kudlow. but we're going to begin with fox business team coverage. blake burman with the latest from the white house. lauren simonetti watching the markets and edward lawrence is in washington. let's kick it off with