to the latest earnings reports joining me now just got their true must co-host christiane and david mcelwain mckelvey any financial group christine let's start with you u.s. equities fell for a 2nd day on tuesday as strong corporate earnings failed to boost a market are already near record highs what's holding the market back right now. well right now we're just not seeing the recovery and reopening plays actually play out right now so things like airlines cruise lines stuff that lever to recovery and things going back to normal like travel and tourism they're not bouncing back either rather they're leading the losses on tuesday so you have united airlines plunging 9 percent after the carrier reported consecutive quarterly loss and that is a business and our national travel recovery is still a long ways away american airlines also fell 6 percent while carnival cruise lines are reaching cruise lines and royal caribbean they all try to lower as well so this stuff came as the world health organization warned that the ongoing global chrono virus infections were edging towards the highest level i

co-host christine and david mack ommaney see mcelwain financial group david let's start with you and let's also start with oil we know that it's falling more than 5 percent on monday as opec plus agreed on thursday to monthly production hikes for may to july so what's happening here and what are these talks going on between the u.s. and iran about. thanks rachel or remember that prices rose last week after the announcement of the production the markets are keen on opec's view of demand increasing globally and read the production increase as opec signal of confidence that there would be rising demand into the summer months this week the key concern is that kofi concerns are alive and well you've got the u.k. considering an extension of travel restrictions you've got cold cases spiking again india is considering strict lockdowns in mumbai india reported its highest number of newly cases since the beginning of the pandemic and so of course into that country oil imports would be negatively impacted as last week's news was was very important for the oil markets you have supplies coming ba