that's the leader's job. >> reporter: father mcshane has been at fordham for more than 23 years.nside the university church is a stained glass window depicting st. aloysius gonzaga, who died of a plague he contracted caring for one of its victims. >> i walked past that stained glass window hundreds, probably thousands of times. i knew it was there, but it never caught me the way it did when i walked into the university church as the virus was taking hold of the city of new york. this invisible force. and i stood there transfixed, looking at this -- this stained glass window that i had seen, but now i saw it. and i just stood there and tears came. >> reporter: father mcshane has been sending out weekly messages to the greater fordham family in which he sometimes reveals his own sadness and his own fears. it was, i suggested, as though he was saying, you know, i'm no different from the rest of you. >> that's exactly right. i have the same joys and sorrows. they have the same concerns, the same fears. and in this very complicated moment, moment of peril, but also great goodness, thi

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." stocks closing near the lows of the day as as president trump wraps up remarks on the relief efforts for small businesses. let's go straight to lauren simonetti. she is watching the markets. lauren. lauren: very choppy. the dow was set up to be up five days in a row, 357 at the high. closing in the red, s&p is lower. it is on track for the best month since 1987. nasdaq is the big loser. technology down. health care weighed overall. a lot of dow components reported today, four to be specific this morning. only one of those,fieder actually reaffirmed, rare to do this, reaffirmed full-year guidance but take a look at its shares down over 1%. pfizer spending money on a coronavirus vaccine. it says one could be ready for testing next week for use by the fall. also technology, investors are waiting quarterly results from the big tech companies starting

neil: connell mcshane, thank you very much, my friend. we heard earlier today xerox already said you know in this environment the whole hp thing is off. it was a hostile bid. so xerox says it is out of there. the t-mobile-sprint merger is official and a done deal as of today. mike seifert is the coo and president and incoming ceo. he is on the phone. congratulations to you. i guess you got this done. it is encouraging development that some deals can get done. this was a long one coming here. now what happens? >> it was a long time in coming. we stay focused on this for two years for a simple reason, the prize is worth it. we see potential to unlock massive scale, $43 billion in synergies, to use that scale to fund the construction of the world's best 5g network. that is our plan all along. nothing about that plan has changed and today we launch it into reality. neil: you're doing a lot to help customers. connection tivity is big problem for people in their homes. you've been leading the charge with other ceos in your arena to make sure th

jove joseph mcshane is a jes wut jesuit priest.normal times, he would be getting ready to preside over commencement ceremonies. these clearly are not normal times. >> what more can we do? how can we be more present in a moment that doesn't allow us to be present physically? how can we be present to our people. >> they may have little in common in terms of background and training, but each of them, warrior, doctor, and priest, is an accomplished leader. what do you think are the most important elements of leadership? >> that's a tough question. i think you have to begin with self-knowledge. number two, you have to know what your priorities are. and, number three, you have to be wise enough to ask for advice. four, you have to be humble enough to accept it. and i you're able to do those, you'll be a leader. a good leader, maybe. great leader, possibly. >> first of all, don't be in denial of what the true situation was, and get the information from every vantage point you possibly can. the second would be: learn as much as you can fro

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell."s closing near the lows of the day as as president trump wraps up remarks on the relief efforts for small businesses. let's go straight toaun

connell mcshane been following all of this.l, i notice they were all safely distanced apart here but it was an interesting read of individuals who had this, beat this, are moving on from this. but the back-and-forth, what did you think? >> well, in terms of the story of the day, the news came at the end with the president's comments about wanting to open the country quickly but was also careful to say he wants to do it in conjunction with governors, of course with the back-and-forth with governor cuomo in new york and other governors announcing in the last couple days they will be working together in coalition to come up with a plan, and the president saying yesterday that he had the total authority in his view to determine what the plan would be, and had the final say. that was the most newsworthy moment. it was nice to see some of these individuals, carl goldman, for example, had been a guest over the last couple months on fox a number of times. in fact, we had him on "after the bell" one day. very nice to see carl again, who

i am connell mcshane.melissa francis, this is "after the bell", the major average closing session highs, negative for the week snapping a two-week winning spree, 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 blake.

connell: i'm connell mcshane. welcome to "after the bell," everybody. oil a big story today with president trump saying saudi arabia and russia will cut production. fox business team coverage set up with our reporters standing by. blake burman is in washington with the latest from the white house. lauren simonetti watching the markets. edward lawrence also in d.c., and jackie deangelis in new york, but on the markets, lauren, we start with you. lauren: what a day, right? oil saw the biggest gain one day ever, up 25%. closing just over $25 a barrel. energy stocks rising in a big way. what happened? the president said russia and saudi arabia appeared close to a supply cut, taking oil off the market. we don't know if that will happen, if they actually agree to it or how much they will take off the market and where exactly they will put all of that crude because think about it, we're not using very much right now. so supply is certainly out there. anyway, great day for the price of oil. and with that, some of the big energy stocks as well. the oil news help

connell: i'm connell mcshane. welcome to "after the bell," everybody. big story today with president trump saying saudi arabia and russia will cut production. fox business team coverage set up with our reporters standing by. blake burman is in washington with the latest from the it

i'm connell mcshane. melissa: i'm melissa francis.oking at the dow closing down better than 1%. this is "after the bell." let's get you to market live team coverage right now. blake burman has the latest from the white house. lauren simonetti is watching the markets and edward lawrence is inng

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the major averages closing up more than 2% on track to snap a three-month losing streak. at the white house right now president trump is set to meet with executives from the food, hospitality and automotive industries. we'll bring you any headlines from the president this hour. we begin with fox business team coverage. blake burman with the latest from the white house, lauren simonetti is watching the markets and edward lawrence is in washington. let's kick it off with edward. reporter: exactly. chairman jerome powell, federal reserve keeping interest rates where they are foreseeable future. federal reserve chairman jerome powell said the coronavirus had significant impact on economic activity, employment and inflation, further lowering expectations. the federal reserve chairman believes we'll see double-digit unemployment when the next unemployment rate comes out. he backed off saying there would be a robust third quarter going farther, saying some uncertainty around when the crone c

connell: i'm connell mechanic -- mcshane, welcome to "after the bell." some pretty strong gains after the close. a little offer the highs. seems like we were dragged down towards the end of the session a little bit because of the decline of price of oil. that is the end of the week for stocks. tomorrow is an off day because of good friday. we have fox business team coverage with the top stories. lauren simonetti watching markets for us. edward lawrence with new reporting from washington. same story for hillary vaughn on capitol hill today for us. lauren, let's begin with you on the markets? lauren: i can't hear but i can tell you what happened in the markets today. a lot of whiplash. the market was fixing positive news with negative news. the big news today was the fed stimulus, right? also the numbers from the coronavirus seem to be improving. so at the end of the did i we cannot say that the dow is up the best since 1938 but it was higher by 281 points. check out the s&p 500. it squeaks out its best weekly performance since 1974. what a week for the st

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the major averages trying to hold on to gains as we await for a house vote on additional relief funding for the small business loan program. we have fox business team coverage. blake burman with the latest from the white house. lauren simonetti on the markets. edward lawrence is in washington. let's start with edward. reporter: right now the house is actually voting on a select committee to oversee the money for the cares act. that vote coming up next on that, adding money to the payroll protection program. at this moment right now there will be nine waves of voting because of social distancing as lawmakers will file through to do their vote on this. the aid package, the 3.5 as it is called, aid package is expected to pass. then it will end up at the white house later on tonight. this package will add $321 billion to the payroll protection problem which has been out of money now for seven days. house minority leader kevin mccarthy said 4.4 million people filed for unemployment this we

connell: happy friday am connell mcshane, what a finish for the major average, not only in the greent 700 points for they're down, this is the second week in a row that we have seen a big gain for the market and it comes as our is the president is meeting with fake leaders at the white house.

neil: thank you very much, connell mcshane.k mayor bill deblasio is doing a radio interview now and also updating new york city residents about what's in store. i don't know if he was directly asked about the governor's plan to keep these stay-at-home provisions going for another couple of weeks, so about a month more, but he was asked about opening beaches, public pools, in the summer and he seemed to put the kibosh on that, saying it is distinctly possible they will be closed all summer, quoting imagine coney island in the summer, popular new york beach retreat, hundreds of thousands of people packed tightly together, i don't see that happening any time soon. any time soon could be the present period and the early spring but the summer is the real money moment for coney islanders and those who like to go to beaches and concerts in the summer. if that is the case, the beach that would be under his immediate jurisdiction, it might not happen. so those are among some of the developments you look at. you might have heard again fr

connell: i'm connell mcshane. welcome to "after the bell." unbelievable indeed. we'll talk a lot about oil. the dow ends up lower by 2 1/2%. dragged down by boeing, and of course exxon which makes a lot sense. s&p and nasdaq not down as much. s&p closed 1.8% to the downside. fox business team coverage. phil flynn is the man of the hour watching all the oil action for us so we'll get to phil. lauren simonetti on market. blake burman from the white house. we'll have more reporting from washington. phil, like i said you you are te man of the hour. you never saw a day like this. take us through it. >> never in my life. a lot of people watching this market never thought they would see a day like this. you have a perfect situation where the contract coming for delivery with no demand there is somebody out there right now that wants to sell oil and there is nobody there to buy it. in fact this is the first time we've ever seen this kind of situation, connell, and it could be a short-term situation because you look at some of the back months and the price of oil, there a

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." the major averages closing near session highs. the s&p officially exiting bear market territory, at least for today. fox business team coverage. blake burman with the latest from the white house, lauren simonetti is watching the markets and hillary vaughn is on capitol hill. let's kick it off with hillary. reporter: melissa, bernie sanders is out of the 2020 race but he is not off the ballot and he is still has his eye on the democratic national convention this summer. >> i will stay on the ballot in all remaining states, continue to gather delegates. while vice president biden will be the nominee, we must continue working to assemble as many delegates as possible at the democratic convention where we will be able to exert significant influence over the party platform. reporter: former vice president joe biden is now the presumptive nominee for the democratic party. biden often attacked sanders for his calls for a political revolution but now today biden is thanking sanders for being

i am connell mcshane. melissa: hi melissa francis, this is "after the bell", the major average closing session highs, negative for the week snapping a two-week winning spree, 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 blake. >> while signing the phase four relief package into law this afternoon will give another $310 billion to the ppp, the small business loan program, the president suggested that more help could be on the way in the form of government purchases. he suggested the oil and airline industry could be the beneficiary of a government buying product now at low prices for future use down the line. >> we could buy oil at a great price into the future, that gives them the infusion that they need and one of the ways we can help the airlines is by taking a very large discount, 50% off or maybe more. in dubai to three or four years of tickets and you infuse them with som

i'm connell mcshane. melissa: i'm melissa francis. we're looking at the dow closing down better than 1%. this is "after the bell." let's get you to market live team coverage right now. blake burman has the latest from the white house. lauren simonetti is watching the markets and edward lawrence is in washington. let's kick it off with blake. reporter: hi there, melissa, with all of this talk about the potential reopening of the economy maybe here in the upcoming weeks president trump took to twitter today to suggest he is the one who will have the ultimate say when and where that will happen. this was the tweet from the president earlier today. he wrote, quote, it is the decision of the president and for many good reasons, with that being said, the administration and i are working closely with the governors and this will continue. a decision by me in conjunction with the governors and input from others will be made shortly. however the constitution says that neither the president nor the congress has the authority to regulate for any

with that, good to see lauren, i'm connell mcshane. >> hi connell, i am lawrence and amenity and from melissa rinses, this is "after the bell". like berman with the latest from the white house and edward lawrence in washington, let's start with blake. good to see you. >> good to see you both as we heard the president talk for more than two hours, one of the themes throughout the president's press conference that there will be no bigger but decision that he will have to make in the decision at the end of the month whether or not to reopen the economy, essentially reopen the country or not. the ending by saying i only hope to god it is the right decision. we have heard from the president over the last week or so, his inclination that he wants to see this economy up and running again, it could happen sooner or rather than later. the present was asked if the health experts tell you otherwise. this was his response. >> i will certainly listen. >> to take that advice. >> i understand the other side of the argument very well because i look at both sides of an argument. i will listen to them

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."cks falling today amid a rise in jobless claims but it is the best month for the dow and the s&p in more than 30 years. we will take that. plus, at the white house president trump is about to make remarks about

good to be with you, i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."p 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

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." the major near session highs. fox business team coverage, lauren simonetti watching the markets, blake burman has latest from the white house and hillary vaughn is in washington. blake we start with you. reporter: 6:00 on the east coast when the president will unveil the latest guidelines going forward. earlier today he spoke with a bipartisan group from the house and from the senate. a couple different phone calls there. right now we believe he is still on that phone call with the nation's governors before he unveils the next steps later this afternoon. we're getting themes from the white house what we can expect when the president takes to the microphone. the new guidelines will be layered. no more blanket approaches for the entire country. it will be governor led. the guidelines we'll soon get will address the nation-state by state, county by county. they will talk about restaurants, bars, other public venues as well, plus sporting events. here is the president a little while ago b

and grove after the bell connell mcshane.ancial correspondent jackie deangelis, i thank you, we asked our viewers were some questions, and they have some good ones. ed, let me start with you, this comes from david, he says my son and i are partners in business, it's just the two of us, no employees. are we eligible for the paycheck protection plan, and i got a similar question from a woman named joanne. she is a bed-and-breakfast is so proprietor, and the ppp loans says i can apply to cover expenses, but it only asks for payroll numbers, and she doesn't have a payroll because she's the slope proprietor. any device for them? ad? >> the short answer, dana, would be yes. i am eligible, the payroll would be her, there has to be some salary that she pays herself or that those two brothers pay themselves. and that would be their employee cost. then this was then additionally cover rent, lease, mortgage if that's what they have. also utility of any business that they own. so, again, their salary firemen's would just be the two of th

connell: i'm connell mcshane. welcome to the "after the bell." retail profits reported today, certainly dragging down stocks, we're down 2% on the dow, more than 2% for the s&p 500. we'll talk a lot about it with fox business team coverage. blake burman from the white house. lauren simonetti keeping eye on markets. edward lawrence with more reporting from washington as well. with the decline in the stock market, lauren, we start with you. lauren: you know what? there is a lot going on today, wall street, bottom line, connell is reacting to the reality march is prequel for april and the numbers will get worse. let's start this morning, retail sales last month, they plummeted the most on record even though stores were actually open in the first half of the month. the national retail federation expecting more than six million jobs lost. look at some reaction. jcpenney now exploring bankruptcy. best buy furloughing 51,000 workers even as online sales and curbside pickup surge there. amazon up 1%, hitting another record high. this is a sign of the tim

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." major averages all closing near session highs up more than 7% on the day. i'm looking at the dow up almost 1600 points. fox team coverage, blake burman from the white house, lauren simonetti is watching the markets, edward lawrence is in washington also but let's kick it off with lauren. >> lauren: what a day to kick off the week. the dow was up more than 1hundred points. up 7%. ditto for the nasdaq and s&p 500. traders seem encouraged by news here in the u.s. the peak of coronavirus might be near. the winners on the dow, boeing. they have been slaughtered recently as you know. bad news from the company. they have suspended their seattle factories, their production centers there indefinitely. nonethelessing, look at the stock, up 19% today. you can see huge gains for raytheon technologies, american express, visa, as well as mcdonald's. oil was in the red today. it fell for the first time in three sessions closing out $26 a barrel. the amount of oil on the market is growing. we are run

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." stocks falling today amid a rise in jobless claims but it is the best month for the dow and the s&p in more than 30 years. we will take that. plus, at the white house president trump is about to make remarks about protecting the country's seniors. we will bring you all those breaking headlines as soon as we have them. but we'll kick it off with fox business team coverage. blake burman with the latest from the white house and lauren simonetti is watching the markets. let's start with lauren. >> hey, melissa you started talking about the disconnect between the economic data coming in and where market is headed. there was a sell-off, the dow, s&p 500 and nasdaq lower. but if you look at the month of april, the dow and the s&p are looking at their best month since 1987. if you take a look at the nasdaq, its best month since 2001. it is only down for the year by 1.1%. why? big tech coming in a big way this year. let's take a look at these companies. they're 38% of the nasdaq. facebook was

connell: i'm connell mcshane. welcome to the "after the bell."ail profits reported today, certainly dragging down stocks, we're down 2% on the dow, more than 2% for the s&p 500. we'll talk a lot about it with fox business team coverage. blake burman from the white house. lauren simonetti keeping eye on markets. edward lawrence with more reporting from washington as well. with the d

connell: i'm connell mechanic -- mcshane, welcome to "after the bell."ome pretty strong gains after the close. a little offer the highs. seems like we were dragged down towards the end of the session a little bit because of the decline of price of oil. that is the end of the week for stocks. tomorrow is an off day because of good friday. we have fox business team

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." major near session highs. fox busin

connell mcshane, thank you very, very much, my friend. we'll go back to you momentarily. that is weighing on stocks, weighing on so-called do we see light at the end. tunnel or not? in the virus some cases we are. you can understand the growing pressure the president is feeling from ceos and the like, you know the sooner you reopen our society or the lockdown, the better this thing will get, and numbers will improve. now of course there is the medical issue to address here, whether you risk doing that too soon. do you actually create more problems, again with more cases, more potential deaths and gyrations the likes of which some countries like china are seeing already now? that is the debate. now the president has this panel of experts. he is it going to democrats, republicans, those who like the president, those who don't flip over him, who weigh on this, with the 50 governors as well. it is enormous task. blake burman what he is hearing so far. hey, blake. reporter: hi, there, neil, enormous task and enormous list the president will speak to throughout the day. a serie

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." major averages closing up 2%. nasdaq officially exiting bear market territory. fox team coverage. blake burman has the latest from the white house, lauren simonetti is watching the markets and edward lawrence is in washington. let's start with lauren. lauren: what a day on wall street. stocks surging on signs that the coronavirus is easing. president will soon announce guidelines to open the economy back up. that outweighed sharply lower profits by jpmorgan chase and wells fargo. each bank setting aside billions of dollars expecting a deluge of billions of loan default, americans are out of work, right? dow is up four of the past six days. the nasdaq higher four days in a row now. it is actually the last of the three major averages exiting bear market territory. as you noted, melissa, investors still nervous here. we saw gold gain. saw yield on 10-year treasury rise. a lot of strength from tech, amazon. take a look, closing at all-time high, with a market valuation now first time ever

connell: happy friday am connell mcshane, what a finish for the major average, not only in the green but of almost 700 points for they're down, this is the second week in a row that we have seen a big gain for the market and it comes as our is the president is meeting with fake leaders at the white house. we will talk about that and will talk about the markets with box business team set up jackie deangelis following the action in the new york newsroom and blake burman coming out of the white house and hillary bonnie washington but with this rally, jackie for the second consecutive week. >> is a great day, friday for the market, we have experienced so much volatility but we've seen gains as a matter of fact for the last two weeks in a row, you have the dow finishing just the session highs waiting to see where it settles out but the gain for the day just under 700 points, it looks like and this has been on optimism about a number of things that perhaps we're getting to the right side of the curve when it comes to the coronavirus and the economy might start backup and you have stocks th

i'm connell mcshane. melissa: melissa francis. this is "after the bell." the major averages closing down more than 2 1/2% as president trump prepares to meet with new york governor andrew cuomo this hour. fox business team coverage for you now. blake burman with the latest from the white house. lauren simonetti is watching the markets. edward lawrence in washington. let's kick it off with lauren. lauren: hey, guys, two days of severe loss on wall street. dow, nasdaq, s&p 500 closing near the lows of the session. the past two days, during that time, the dow jones industrial average has given up 1200 points. nasdaq gave up 400 points last two days. if you look at s&p sectors, communication services, technology, were worth performing services apple shares down three% today. believe it or not, and go figure that energy was the best-performing sector although it was still negative. let me show you the price of oil because as oil fell, so too did stock prices overall. you're looking at may contract which expired. it closed at $10. look at the june contract, 13.

i'm connell mcshane. melissa: melissa francis. this is "after the bell." averages closing down more than 2 1/2% as president trump prepares to meet with new york governor andrew cuomo this hour. fox business

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." major averages closing near session highs. the s&p officially exiting bear market territory, at least for today. fox business team coverage. blake burman with the latest from the

connell: i'm connell mcshane. welcome to "after the bell." unbelievable indeed. talk a lot about oil. the dow ends up lower by 2 1/2%. dragged down by boeing, and of course exxon which makes a lot sense. s&p and nasdaq not down as much. s&p closed 1.8% to the

connell: i'm connell mcshane. welcome, everybody.e lost a lot of momentum in the last few minutes of trading. what looked like a big day to the upside turned into quite the opposite with the dow down 30 some points. nasdaq also moved lower. one of the big things we were watching was the s&p 500, broader measure of the market whether it would exit bear market territory and be up 20 some points t would be up 20 plus percent from the recent low. that didn't come close to happening. even though looked like a sure thing earlier in the day. that is a weak close, that is the bottom line. we'll get into it in detail. fox team coverage of our top stories with our reporters first and blake burman on the big meeting with the bank ceo's that wrapped up moments ago. lauren simonetti covering the gyrations in the markets. edward lawrence is on small business duty reporting the loans out of washington. blake, we begin with you. that meeting has wrapped up, right? reporter: that meeting wrapped up between president trump, secretary enough, larry kud

connell: i'm connell mcshane. welcome to "after the bell." terrific day for stocks. averages closing up more than 1% across the board. 1 1/2% for the dow, back above 24,000. president trump set to meet with industry executives in the retail industry. that is happening any minute from the white house. then he will address the nation in about an hour talking about new testing guidelines. we will bring all the headlines throughout the hour but we begin with fox business team coverage of our top stories. blake burman as usual following latest from the administration. we'll get lauren simonetti on the markets as well. edward lawrence reporting on small business from washington. but blake, we start with you. reporter: hi, there, connell, after initially canceling the 5:00 coronavirus task force briefing earlier today as the white house did, they put back on the schedule a news conference with president of the united states in the rose garden next hour to unveil the new testing guide lines that the white house says will be in place come may and june. the white house says th

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."rages trying to hold on to gains as we await for a house vote on additional relief funding for the small business loan program. we have fox business team coverage. blake burman with the latest from the white house. lauren simonetti on the markets. edward lawrence is in washington. let's start with edward. reporter: right now the h

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 lauren. lauren: hey, guys a two-day sell i don't have was reversed. major averages closing near the highs of the session. nasdaq leading the major averages gaining almost 3% today. the nasdaq was led by big cap tech which was down for this week. three reasons for rally. first more rescue funding from the government is likely on the way after the senate approved yet another relief package. second oil prices recovering. take a look where crude closed the session today, above $13 a barrel. that is much better than it had been. a gain of almost 18%. with that reis big gains for halliburton, chevron, exxon and the energy

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."verages all closing near session highs up more than 7% on the day. i'm looking at the dow

connell: i'm connell mcshane. welcome to "after the bell." terrific day for stocks.an 1% across the board. 1 1/2% for the dow, back above 24,000. president trump set to meet with industry executives in the retail industry. that is happening any minute from the white house. then he will address the nation in about an hour talking about new testing guidelines. we will bring all the headlines throughout the hour but we begin with fox business team coverage of our t

connell: i'm connell mcshane. welcome back to "after the bell," everybody. these major averages closing not far off the session lows. 4% down across the board or more than that we'll talk about everything that went on in the markets today, as well as all the big headlines of the day. our reporters are set up with fox business team coverage this afternoon. blake burman could covering thet from the white house, lauren simonetti on markets and. lauren with, dow down 1000 points we start with you. lauren: good news t was off the lows of the session. this is ugly. what a way to start off the new month and new quarter. the dow down 973 points. broad selloff. president said it would be tough new weeks. number of coronavirus infections in the utz top 200,000. if investors were spooked they got more spooked. boeing, american express by the way leading the losses on the dow today. setting the tone this morning was the private employment number. you know what? it is an old number. it only counted half of march before the lockdowns in states throughout the country. that

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."e major averages closing up more than 2% on track to snap a three-month losing streak. at the white house right now president trump is set to meet with executives from the food, hospitality and automotive industries. we'll bring you any h

connell: i'm connell mcshane. welcome back to "after the bell," everybody. these major averages closing not far off the session lows. 4% down across the board or more than that we'll talk about everything that went on in the markets today, as well as all the big headlines of the day. our reporters are set up with fox business team coverage this afternoon. blake burman could

i am connell mcshane. melissa: i am melissa francis, this is "after the bell", moments from now we are going to get reaction from eugene scully at the labor secretary on this month's jobs report but we begin with fox business team coverage, blake burman with the latest from the president lauren simonetti is on markets and edward lawrence from washington, let's start with blake. >> let me give you three headlines from president trump in the cabinet room. i will start with where we ended off, there was a question about testing those in the vicinity of the president, the reason that's an issue because there's any policy at the white house that those income in close contact with the president will not need to be tested for the coronavirus. the way it had been or still is at the white house when you enter the gates they take your temperature whether you're a member of the media or white house staff as those now entering through the same building and entrance rather, but now the white house is stepping up those

connell: i'm connell mcshane. welcome, everybody.mentum in the last few minutes of trading. what looked like a big day to the upside turned into quite the opposite with the dow down 30 some points. nasdaq also moved lower. one of the big things we were watching was the s&p 500, broader measure of the market whether it would exit bear market territory and be up 20 some points t would

connell mcshane is here. we talked a lot about what governments are saying, and the idea that we are giving guidance to these businesses about what to do. and maybe a little bit less about what the decisions business owners will have to make. i will give you a quick example for georgia, many of its businesses, i was speaking on our show the other day to a restaurant owner in georgia who could be open and owns a few restaurants. he said he is not yet. at the main reason was economic and he said well, i don't know if my customers will come back. i will bring the workers back, and there are these restrictions put in place. for example you are not allowed to have a certain amount of people per square foot in your restaurant so he is doing the numbers and saying, i have enough business because we don't have as many people in the restaurant. then you extrapolate that out and think about other stories that are a regular old retailers that have no infrastructure to o to shop online. now they have to have quite curbsi