also janet yellin saying maybe the federal reserve should be allowed to buy equities directly maybe they should be able to we're going to talk about the markets all show long. and see if we're getting getting around this area we'll look at where we understand with the indications. and where we think we might be in flat thing that curve waiting on tim seymour as well, tony dwyer will join us too, it is a big market day. let's begin now with these markets. guy adami, i have a statistic for you that i think may move you given the kind of weeks we have had in the moveup, the qqq well talked about on this fine program, is it now higher year over year. >> i mean, some of the -- it's amazing what you can do with numbers, i didn't know that and thank you for sharing that, and happy monday to everybody. this is a good day, and listen i think you can take some glimmer of hope from that absolutely tim's joining in, and he's been optimistic, which is good. dan has a longer slew that he will share about where the market is headed i've said for a while, and i don't know where the market's going. my op

. >> other members include tim cook, bob iger and former federal reserve chair janet yellin. it will also include all four form former giving governors of the state. >> you're talking about a company that's almost a hundred years old. whether it's world wars or global economic crisis or terrorist attacks, what we do for people is always wanted and always enjoyed. and so we tend to have an ability to bounce back because we just manufacture happiness in so many different ways. >> other states are beginning to reopen. some nonessential businesses in louisiana reopened today. in texas, the governor there wants to reopen on april 27th. governor newsome says the virus knows no borders. >> we're going do this thoughtfully and >> they'll reach out to people across the state, whether they're activists, labor groups or philanthropists to develop plan. lauren martinez. >> they are very close to making a decision but nothing has been made certain just yet. back to you. >> all right. lauren, thank you so much. >> fewer americans believe a return to normalcy will come by the start of june.

. >>> a new task force of 70 members including former federal reserve chair janet yellin, salesforce ceo, and apple ceo tim cook, and disney ceo bob ig. at the helm the governor's chief of staff and former presidential candidate tom steyer. >>we have brought together some of the best minds in the state to develop our recovery plan. we will also be reaching out to people across the state, whether those are activist, or experts, labor or environment, community groups or philanthropists. this will be a broad-based effort. >> reporter: the state has seen a big jump in the unemployment rate due to the coronavirus closures. it is now at 5.3%. that is a nearly one and a half percent from the previous month. california lost almost 100,000 jobs in march ending a record 10 year streak in job growth. the governor said far more people may be out of work than the numbers reflect. >>> santa rosa police are cracking down on people who violate shelter in place orders. the city police chief says that officers will issue tickets to unauthorized businesses that are still open and site people who are ou