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

lauren simonetti. melissa? melissa: a troubling new sign for the economy.n the numbers and how to get things back on track. that's next. plus preparing for major changes. we'll talk to two small texas business owners about the steps being taken to reopen. and toy giant mattel is honoring workers on the front line by releasing the thank you heroes collection, featuring action figures of doctors and nurses, emts, delivery drivers, grocery store workers, all the proceeds will go to a fund dedicated to providing essential items to health care workers and their families. how cool. ♪. susan and i'm 52 and i live in san francisco, california. i have been a sales and sales management professional my whole career. typical day during a work week is i'm working but first always going for a run or going to the gym. i love reading. i love cooking healthy. it's super important to me. i was noticing that i was just having some memory loss. it was really bothering me. so i tried prevagen and it started to work for me. i wish i had taken prevagen five or ten years ago. prev

lauren simonetti on the markets. thank you, lauren. melissa: dan henninger from "the wall street journal," he is a also a fox news contributor. dan we get earnings coming in at the end of the week, how they did in the previous quarter isn't terribly relevant because that's gone. even guidance. we know things are horrible going forward. i imagine what is really going to count is, how fast are you burning cash, how much do you have in the bank and what's your access to capital, isn't that the number one thing people will be looking for? >> yeah. i agree with that. certainly cheap financial officers as has been reported are conserving cash, trying to develop credit lines as best they can. all by way of trying to come up with the best possible guesstimate for what the future is going to be. i think the future depends, we succeeded in flattening the curve of the coronavirus crisis and now the question is, what is going to be the upward curve of the economy reopening and that will tell us a lot about whether these companies are going to be a

lauren simonetti live for us. just when you think you're getting a piece of bad news, you realize i'm going to be giving folks more bad news in the morning coming up for next quarter. i want to bring back the panel. gary, i want to talk about edward lawrence. we lost his shot earlier. he said he spoke with treasury secretary steve mnuchin this morning and basically mnuchin said if we have to increase the size of the main street lending facility we'll add more money to it. the bazooka is out, the bazooka is going on the line, gary. >> it is more than than a bazooka. let me state emphatically they will have to add more money. i speak to ton of small businesses have not gotten a dime and getting nothing back from their banks. in my little locality, bunch of restaurants are out of business for good. a lot of people out of jobs, on unemployment and don't know if they will get jobs, times that by all places around the country. i suspect we have not heard the last from mnuchin, the president around the rest. i suspect th

i want to get to lauren simonetti. disney parks we are told could soon add temperature checks before you go in the park. lauren: how do you make people feel safe going to a theme park and going on a ride? can you maintain social distancing on a ride? tough question. so what disney is doing, per chairman bob iger, is taking temperature checks when the parks do indeed reopen around the world. the stock is down a little bit right now, 25 cents. wells fargo downgraded the company, saying attendance could take two years to normalize. so as we talk about returning to normal, would you go on a ride? would you go to a theme park? these are questions everyone has to answer. ashley: they certainly do. it's a good point. is that the new normal, temperature checks going to disney parks, to sports stadiums, to concerts? is that what we're looking at? interesting. masks as well. thank you very much. now just about six and a half minutes away from the opening on wall street. guess what? lots of green on the screen. the dow up 317 poin

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 helped investors brush aside the news we got an hour before the market opened this morning. that showed last week 6.6 million americans filed for first time unemployment insurance. 6.6 million. if you add that to the week before, we're talking 10 million americans two week

lauren simonetti watching markets as well. lauren? lauren: i'm with you on that tattoo, i'm so sick of being inside too, melissa. let's look at the market because the dow closed higher for the second day, helping to trim some losses for the week, the nasdaq and s&p couldn't quite make it barely in the red. the boost came earlier on from oil prices. did you know oil up two days in a row and 40% in two days? that certainly helped exxon and chevron where you're looking at the dow. materials, industrials also strong today but we got another bad report on jobless claims. another 4.4 million americans filing for jobless benefits that brings the total in the past five weeks of lockdown to get this, 26 1/2 million americans out of work. it wipes out all of the job gains since the great recession a decade ago. now getting those americans back to work depends on treatment for coronavirus. a report that gilead's promising drug, remdesivir to treat severely ill patients didn't produce desired results. that sent the market negative at one point. c

lauren simonetti, thank you.re's a movement on twitter called #bailouthumans it's taken hold, to the government to focus less on helping companies found their books and more on helping people who are in severe financial stress. for more unless i'm joined by bill paul see, ceo of post the capital and of twitter for lamp through p. were glad to have you bill. tell me about how the private citizen is having to do with the explosion at food banks where they have so much demand they could've never anticipated just a couple of months ago. >> this is the 21st century of the food bank, but on twitter, we do it quicker, faster than ever before. dana, it's americans coming together to help other americans. my message to congress, i think president trump is correct, congress needs to get on a plane, and they need to get off their you know what where they eat healthy, they eat very good food, and they need to pass relief funding so americans can eat. i mean, the average american right now is really struggling, and that's wha

lauren simonetti tracking that and markets reaction to that. lauren? lauren: yeah, that was bad news but i got to stay stocks traded in a relatively narrow range despite that bad news this is where weigh we ended up. about 400-point range from high to low. is 60 points from the high of the session. connell, another 5.25 million americans filed for jobless benefits next week. that brings the total over the past month to 22 million american workers out of work! the worry is that will push unemployment rate to the highest since the great depression and the lingering question is, how many of these workers will be rehired when the economy does open back up? it wasn't all bad news today. consumer, health care, tech stocks, including amazon, netflix and microsoft led the nasdaq. take a look at netflix as well as amazon hitting new record highs again. they have been popular stay-at-home stocks. this is interesting, netflix finishing the day with a market cap greater than disney's and greater than comcast. netflix is the most highly valued entertainment company

lauren simonetti joins us with the latest on this. lauren. lauren: good afternoon, cheryl.l tenants across the country, they're planning a stroock tomorrow because they don't have the money to pay the rent or the mortgage. now protesters, they want to persuade lawmakers to cancel all rent and mortgage payments until the jobs return. they say freezing the payments until a later date isn't enough. >> without doing this, that is the better question, what will happen? what happens to all of these banks and lenders and renters? you guys remember what happened in 2008 with housing crisis where we had everything crash. this is means to prevent that from happening. lauren: presidential candidate joe biden tweeting this, with rent due in a few days, it is clear more needs to be done. we need to freeze rent for people lost their jobs and place a temporary ban on evictions. protesters want more than a bandaid. 13 million apartment renters missed april rent as of first week of the month. most of them caught up by mid-month. but the numbers will get worse as we enter may. 3.4 million ho

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 are still relatively strong compared to the front month but this is a disaster. it is a disaster because opec didn't act fast enough to cut production. it is a disaster because u.s. producers didn't pull back fast enough. it is a disaster more than anything because this is a snapshot of what the world looks like when it stops, when economic growth grinds to a halt. and i think

now on to lauren simonetti for the market reaction. lauren. reporter: hey there, no whipsawing today, melissa. stocks were in the green all day. in fact the reasons are, another round of stimulus coming from congress but the fed, we got those minutes. they're going to keep rates near zero as long as they have to. also a lot of talk about reopening the economy, how to do it and when to do it. finally, bernie sanders, you just heard from hillary, let's show you a chart of the dow jones industrial average today, right when we got word 11:00 noon eastern time he was dropping out of the presidential race, look at that chart. the dow continued to spike, spike into the close. another factor today was the price of oil. that too surged. there is a virtual meeting among produces tomorrow. it is likely that they take supply off the table. so energy stocks rallied along with the price of oil today. so question, is this rally that we saw on monday, and again today, is this the start of a new bull market or just a rally in a bear market? a lot of people wou

. ♪ lauren: i'm lauren simonetti with today's fox business brief.ix flags entertainment securing millions more in funds from its lenders amid coronavirus outbreak closures, bringing its revolving credit facility to $481 million. the world's largest regional theme park has been outpacing last year's revenue before shutting down its operations on march 13th. park closures are expected to remain in place through at least mid-may. >>> big lots getting a big boost. jpmorgan upgrading shares from underweight to neutral, saying it will benefit from consumers who are set to receive checks as part of the $290 billion federal stimulus program. the retailer also announcing $550 million worth of sales and lease agreements. big lots competitor costco, not faring as well today. deutsche bank cutting its price target on the wholesaler after same store sales for march fell short of the firm's expectations because of a cool-down in demand. despite slowing sales towards the end of the month, costco moving ahead with plans to open its third store in china near shangha

lauren simonetti covering the gyrations in the markets.dward 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 kudlow, ivanka trump. that meeting at the white house just moments ago. at the beginning of it, larry kudlow, president's top economic advisor talked up the possibility maybe the economy can open up again the coming weeks. that is a theme we heard throughout the trump administration throughout the day. even at one point at the beginning of that meeting as well, president trump echoed that timeline as well. listen here. >> so when we open up, hopefully short, very short period of time, we just, we're back into business. that is what we want and we have lots of stimulus. so i think we can actually with the stimulus and with the pent-up demand i think we can really do numbers that are equivalent, and maybe even better than we were doing before within a fairly short pe

let's get to lauren simonetti. she is all three of those as well i believe covering the market for us today. lauren? lauren: what a rally, right? wall street kicking off the final week of the month of april sharply higher near the highs of the session if you're looking up the dow up 358 points. basically at the highs if you're looking at nasdaq of 95 today. dow up four days in a row. that's a big deal. we have not seen a streak like that since february 6th? why? hope of easing state lockdowns will get the economy moving again. that overshadowed another huge drop in the price of oil, steep losses closing under $13 a barrel. i spoke to analysts over at jeffries, they told me if you look at on-land storage capacity. that is 80% full. what is left has already been leased out. so where do you put the oil? that's the problem. leading gains today in terms of equities, financials, investors pulling out of bonds, piling back into stocks. also we got a preannouncement of deutsche bank. investors like they're setting aside le

melissa.connell: standby for the secretary reaction steve forbes, live at lauren simonetti at the root markets reaction today and for the week. reporter: where to begin, so many negative headlines coming out us today, starting this morning with the jobs report. that just scratched the surface, seven times worse than expected and does not pay the full picture. then the ims chief came out and said the financial crisis is way worse, the coronavirus is way worse than the financial crisis, the new york governor saying we've never seen a rise in the number of deaths in new york overnight, this is bad news, the market reacted, down at the end of the day by 360-point, if you look at the week, all three major averages lower, lower now for three weeks in the past four weeks. having said that, i do think something changes week. first of all the fixes at 47 and not 80 and we did not have the huge swings that we have had in previous weeks. i don't want to use the word calmed down but it does seemed like things were a little less volatile despite the bad news this week. i wanted to bring that upgrad

let's bring in lauren simonetti. president trump spoke on the phone to joe biden, who has been sniping from the sidelines for weeks now. lauren: yeah, and believe it or not, ashley, that phone call was described by both sides as very friendly. listen. >> i also spoke just a few minutes ago with vice president, former vice president biden, who called and we had a really wonderful, warm conversation. he gave me his point of view and i fully understood that, and we just had a very friendly conversation, lasted probably 15 minutes, and it was really good. it was really good. really nice. i think it was very much so. i appreciate his calling. lauren: both sides agreed not to share details publicly about what exactly that they spoke about, but you alluded to this at the top. the former vice president has been very critical of president trump's handling of the coronavirus response. so this phone call is the first direct speaking between the two since biden launched his 2020 bid for president almost one year ago. ashley? ashl

here now to help us out, lauren simonetti. lauren, thanks. >> hey, charles.is picking winners and losers. b.c., before coronavirus, many struggling companies ousted their ceos, boeing and bed, bath and beyond are two good examples. now new ceos have to deal with the old problems plus the new ones that are out of their control or anybody's control. let's start with the most recent departure, howard willard. he retired today. it's been a tough two years for altria dealing with losses on its juul investment. willard just recovered from covid-19, it's unbelievable. his replacement will need to deal with that in addition to the future of vaping in a pandemic when some smoke shops are closed. then there's boeing, david calhoun was dealing with getting the 737 max jet, stock is up nicely today 12.5%, but now he's dealing with how to accept potential federal aid at a time when 2500 aircraft are grounded. boeing is trying to restore operations at the same time in washington and also in ohio and do that while respecting social distancing measures. bed, bath and beyond,

winning spree, fox business team coverage blake burman with the latest from the white house, lauren simonetti markets and edward lawrence is in washington, let's kick it off with blake.

lauren simonetti following all of that. lauren: hey, neil. like me to do a report on the small business loans right now? i'm sorry. i thought i was part of the panel. tell me what you want me to talk about. neil: first on the small business part of that, lauren. this is meant to address that awful employment report. what are you hearing? lauren: okay. so today, the small business administration, part of the stimulus plan was open to the banks and a lot of banks were saying we want to help these small businesses, there are millions of them in the country, the backbone of our economy, but there are so many question marks we have about actually getting people the money that they need. we don't understand all the rules and regulations here. but they have started to dole out the money that is good, because when you look at the numbers that you saw for the payroll report in march, which you just said, it only scratches the surface. it was so much worse than expected. we saw a loss of more than 700,000 jobs so the losses that we're seeing are wiping

lauren thank you very very much, lauren simonetti. u know, oil prices and where we're going and the promise support the president has outlined as lauren was just debt ing into i want to raise that right now, with john brown, you might remember the former ceo joining us right now ofbp. john brown it's very good to have you. what do you think of this and this wait that a lot of people have had to think when does the oil turn around? obviously the last few days trading oil kale back from these incredible lows but it is still pretty low in the scheme of things. where do you see it going? how do you see this all sorting out? well of course, we had too much supply of oil before coronavirus hit us, so we have a lot of supply, we have very weak demand , demand is down probably 30% on average, so the cuts being offered won't actually cut it, and oil is being stored actually in storage. it reminds me very much of what happened a long time ago in the 85-86 period, whereas the reverse happened, people have supply, and eventually, it can't and they

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 stock market. despite the negative news, one in 10 american workers has lost their job. we got those jobless claims this morning. take a look at the airlines, guys, it has been a spectacular week for them. names like american airlines, united up. some of them double digits. up all week. i have do have to tell you as you know the numbers for people flying, so low, under 100,000 a day this is one of the sectors beaten up so

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 was a negative number. it sets us up for what we'll see tomorrow morning, unemployment benefits. those numbers, goldman sachs is saying we could see 5.5 million people file for first time unemployment benefits tomorrow. five 1/2 million! on top of 3.3 million we saw the week before. so that is an ugly part of the story. so too is the price of oil just cratering. we exp

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 the best performer in the nasdaq. ad sales are stablizing. amazon closing at a record high. these companies, amazon, apple, reporting momentarily. health care was another bright spot today. gilead is very close to getting fda approval for the remdesivir coronavirus drug. that stock up 1%. j. crew just filed for bankruptcy. we got consumer spending data for the month of march, worst monthly drop we've ever seen. consumers are pulling back. look at this, with the j. cre

lauren simonetti has more. lauren, maybe it was always too good to be true?his is china's biggest rival, starbucks biggest rival, luckin could havefy. yeah, they found last year their coo and some other executives fabricated transactions to the tune of $310 million. muddy waters research, actually shorted the stock back in january and at the time, this is what they tweeted. we saw a report alleging fraud on the number of items sold per store inflated by at least 69% in the third quarter and 88% in the fourth quarter. well, charles, it turned out that that report that they received at the time was accurate, after luckin coffee investigation. in fact luckin he telling investors don't rely on the financial statements for the first nine months of 2019. remember they ipod in may of 2019 at $17 a share. they hit a high of 40 in january. now today, they went as low as $4.91, charles. so that is how serious this downfall has been after this report of fake transactions. but it raises the question, as we look at scrutiny of chinese companies and foreign companies that

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 topping $1.1 trillion. walmart, also a winner, finishing the green, in record territory. the only dow stock to do so since february. as you know walmart and amazon have taken a vital role during the

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 running out of places to store the oil. this big meeting from the major producers, well that has been delayed. that is the oil story today. look at the exxon and chevron, dow oil stocks in the dow, how they're trading today, p

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 times. shoppers continue to get what they need from the comfort of their couches. also wanted to show you guys oil prices. they hit an 18-year low. people around the world stay home. they're not driving. oil inventories rising by the most ever last week. tak

lauren simonetti following all these developments. lauren? were just talking about $3,000 gold. what about negative $100 a barrel oil? that could happen, says paul sankey. he says if you look at supply and demand, it is a market management crisis. on monday, when we saw oil at an unprecedented negative 37, it can go negative again. why. well, the economy is shut down, gas tanks are not being filled, planes are not flying, so demand is contracting far faster than supply. we saw another $15 million build last week and it's also contracting faster than storage is being created. if you buy the oil, even though oil is recovering today, where do you put it? the answer for a lot of traders and companies is floating storage vessels, these supertankers at sea. they are typically used for transportation, get an item from point a to point b. now they are floating, sitting on the water just storing oil, up to two million barrels each. let me tell you, it is a good time to be in shipping. we spoke to the ceo of diamond shipping. he says he's making in som

lauren simonetti is watching the markets and edward lawrence is inng

let me bring in lauren simonetti. lauren, the cdc has apparently new guidelines for essential workers returning to the job after they have been exposed to the virus. what does that look like? what does it include? lauren: good question. how do you do that. how do you start to reopen the economy. let's hear from the cdc and dr. redfield. >> we want them not to share objects, that would be touching their face, and we would like them not to congregate in break rooms, lunchrooms and crowded places. we would ask those employers to take the employees' temperature and assess their symptoms before starting them back to work. lauren: so when we go back to work, and that includes us here as well, we are not going to be hugging one another. it's going to be a lot different. the cdc also says this, in addition to having your temperature taken, a mask should be worn at all times and you can't gather in the cafeteria or break room. you really have to respect those social distancing measures. it's going to look a lot different when w

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. july, not much higher. we're seeing oil prices even in the future, all trading in tandem to the downside. the worry is is that demand is contracting -- charles: lauren, we'll stop you right there, because we have netflix. let's go to connell. connell: "fox business alert." melissa, it is coming o

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 some cash. connell: at the coronavirus task force briefing, the president talked about the possibility that a disinfectant can be used to help internally combat covid-19. lysol came out this morning and urged that under no circumstance should our disi

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 sector in general leading the overall market higher today. and third, investors look to earnings report that continue to pour in from guidance on the coronavirus effects on the economy. here is the trends we're seeing and we're seeing it for chipotle after earnings report showed 81% increase of people ordering online getting food delivered. that is wi

lauren simonetti keeping eye on markets.ard lawrence with more reporting from washington as well. with the d

parents working to adjust kids' schedules with concerns stay-at-home orders could extend past june lauren simonettiauren people trying to deal with kids at home from school now camp. >> maria, absolutely. and if you think about it you can't get parents back to work until the kids have something to do until camps open if they open. the american camp association says right now there are waiting cdc guidelines, pb hel experts to help adhere to guidelines when they get them for camps that do open parents this is what you can expect maybe no bus service you are going to be drive junior to and from camp limited visiting hours no field trips or limited ones, camp -- if they need to work at home get back to office is the most camps small businesses had to lay off staff if they did i to open where is personnel coming from overseas counselors cheaper labor trips have been called off for cities to understand we have seen in new york city, public funding for summer programs have been slashed if not cut entirely, still there are sleep away camps some of them are doing stockpiling ppe, protective gear, and covid

lauren simonetti on the markets. edward lawrence is in washington. let's start with edward.ht now the h

if you -- >> lauren thank you lauren simonetti quick break lot more to come stay with us coming up formereat terry bradshaw in the house on tonight's virtual nfl draft he is next. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us. maria: welcome back football fans everybody, everywhere gearing up for very first virtual nfl draft tonight admiration roger goodell announcing names of first round picks from his home in new york, my next guest was drafted out of louisiana tech in 1970 round one kick number one pittsburgh steelers joining me fox nfl sunday co-host terry brad shaw thanks so much for being here. >> pleasure thanks for having me on to be able to talk a little football get away from dogs and cats for a while. maria: well, this

maria: welcome back coronavirus complaints scammers trying to dupe consumers lauren simonetti with theogged over 12,000 fraud complaints bilking americans out of 18 million dollars, since the coronavirus began, whether targeting fraud donations from you, potential data, the scammers are targeting your health there is something called miracle mineral solution basically a bleach solution chlorine peroxide used to clean surfaces what people are doing have been doing for years, claiming this helps all sorts of problems including coronavirus. they are recommending that you put some droplets in water or take it by enema something like that and they say erroneously, that it curious coronavirus. this slews has been banned from facebook, twitter you can buy versions on amazon being touted on unregulated apps like telegrams we have reached out to telegram amazon for content. scam like this might get more attention today after president trump said yesterday he was looking at whether disinfectants with an clean body they say dangerous to digest substances scams are out there we just told you about

frightening time lauren thank you lauren simonetti we will be watching certainly we will take a breake've got quick market check and final thoughts from this all-star panel this morning expecting a sharply higher opening this morning from broader averages. back in a moment. eing the break in the clouds before anyone else. together, we'll weather this storm. sprinting past every leak in our softest, smoothest fabric. she's confident, protected, her strength respected. depend. the only thing stronger than us, is you. so we're working 24/7 toected maintain a reliable network, her strength respected. to meet your growing internet needs. we're helping customers who are experiencing financial difficulties stay connected. we're increasing internet speeds for low income families in our internet essentials program. and delivering self-install kits to your door. nos comprometemos a mantenerte conectado. we're committed to keeping you connected. for more information on how you can stay connected, visit xfinity.com/prepare. maria: welcome back. futures higher ahead of opening of markets this morn

i want to bring in lauren sim simonetti for news on boeing. lauren: this year, boeing is down over 60%. they have now extended the temporary suspension of their seattle area factories that makes planes until further notice. it was two weeks and now because at least 100 of their 160,000 employees do have coronavirus, they have tested positive, and also worried about their suppliers. they have extended those closures in the seattle area indefinitely. one final thing, boeing will update tomorrow their orders on deliveries, as you know the travel market is essentially dead in the water right now. jpmorgan expects boeing to deliver just 60 max jets from the grounded backlog for all of 2020. that's not good news. ashley: yeah. no, it's not. the last 15 months for boeing have been an absolute nightmare. all right, lauren, thank you. let's bring in susan li. susan, interesting story. a big admission from the ceo of zoom. susan: he says i really messed up and this is after, of course, a lot of these zoom bombing attacks. the fbi has warned that conversa

lauren simonetti. lauren: yeah. you know, it really is. want to start the new month and new quarter at session lows right now. as the president said, as governor cuomo reiterated, it's going to be a painful two weeks. just how painful? we got a read of private sector job losses, i should say for last month, down 27,000. that does not even scratch the surface here, because it only covers half the month before lockdowns affected three out of four americans. stay tuned for tomorrow, when we get those weekly unemployment claims. we saw a number north of three million last time we reported this number. expect the same, if not worse, when we get the data for tomorrow. this is going to get ugly as we have been warned before it gets better. we are also seeing the price of oil come down near $20 a barrel. some are saying it could go into the single digits. that's putting stress on the dow stocks, chevron, exxon, but a lot of other energy companies and drillers as well. this is a sector that's gotten hard-hit all year. then you have the retailers, f

let's get the latest from lauren simonetti to break down what's at stake. : you know, i actually heard as low as 57%. that could be the hit when all is said and done with these first quarter report cards. start with the good news. that is that the market last week, broader market was up 12%. we are coming off the best week since 1974. when you look at the major averages today, yeah, they are down but the perspective is key here. also, as you noted, we are bracing for the first earnings season ever under the coronavirus. nobody knows what it looks like. we will know more tomorrow when we hear from jpmorgan as well as wells fargo. three themes to look for when it comes to the banks and their reporting. the number of delinquencies, especially by small businesses but also big businesses, too. can they and are they paying their loans. mortgages, look, interest rates are so low right now but you have potential buyers sitting on the sidelines, realtors not showing homes, applications to buy homes down four weeks in a row. interest rates are near zero. that erodes b

lauren simonetti looking into all that. hey, lauren. lauren: hey, neil.e rent is due tomorrow and we just got the latest numbers. 30 million americans filing for unemployment, they don't have the money to make the payment. so they are planning a strike tomorrow in some of the nation's biggest cities that are also the most expensive cities, including new york as well as los angeles. they want law makers to press for cancellations of rent and mortgages until the jobs return. here's part of their message. >> financial hardship for landlords. we actually do think there needs to be income coming in to keep the housing market stable. we just don't think the burden should be on the renters to prove they have lost income. you want landlords to open their books to show to the state. lauren: to give you an idea of how bad the situation is, if you look at just the first week of the month, about a third of all apartment renters didn't pay rent. if you look at the number of homeowners who are in forbearance who have temporarily paused or halted making their mortgage p

lauren simonetti on that. hey, lauren.n of the times how we're committing these days and ordering online and shopping on line. that includes food. let's take a look. domino's pizza reported earnings this morning, they said between late march and now, online sales grew more than 10%. chipotle yesterday, first quarter, digital sales up more than 80%. it is not a restaurant but take a look at target. a four-fold increase in on-line sales in just the month of april. that is like cyber monday times two every single day this month. the national restaurant association says look, if you look at the restaurants, six in 10 of them, in order to keep their doors open essentially right now, they have turned to some form of online ordering or take out or delivery. it is very costly for them. if you take a look at the cut that post mates and door dash and uber eats take, could be as high as 25%. we reached out to door dash. they say they are cutting some much their commission fees. uber eats is cutting some of their delivery fees but if

lauren simonetti exploring that now. lauren?n: stocks right now, neil, off session highs, still firmly higher, these are many of the stocks, many sectors beaten down so much amid this pandemic. are we seeing signs of life? yes. look at retail, nordstrom, the department store, they say they see adverse effects from coronavirus for the quarter and near future yet look at the stock up 5%. tj maxx is up 5% as well. switch to the the airlines. news out of airlines mostly negative a class-action lawsuit accuse of refunding tickets without cash. there is idea we're flattening the curve we're getting back to life as normal although nobody knows what that looks like. we might get ahead of ourselves. i say that with respect to disney. look at stock price. they got a downgrade at wells fargo. wells fargo said it will take two years for theme parks to return to normal and normal could look like guests in masks with their temperatures being taken. disney stock getting hit hard on an up day. we asked people, did informal poll, when everything

some of the things we are following with lauren simonetti with an update on how the markets are faringnews, the dow is 200 points off its high of the session but still broadly higher today. you have a balancing of news. the oil news, which you just said, are millions of barrels of oil going to be taken from the market, and the number we got this morning on jobless claims. in the past two weeks, we have seen ten million people file for those first-time unemployment benefits. that's the highest number we have ever seen and it's more than we saw between the recession in 2007 and 2009. we saw those two years, we saw more in the past two weeks. so the market is balancing this news. the good news today is hope that as you take some of this oil supply off the market and with that, we are seeing stocks like chevron, for instance, and exxon on the dow move sharply higher. also companies like diamondback energy up about 20% today. the president will meet with some of the oil ceos tomorrow. if 10 or 15 million barrels, is that enough to keep shale producers in business? i don't know. is he going

danielle dimartino booth joins us, lauren simonetti as well.lle, let me begin with you and this notion that some sort of agreement between these two countries is going to cut back on supplies to the extent it will reverse what has been a free-fall in prices. i'm beginning to wonder with much of the world in a recession, some parts maybe headed toward a depression, whether even that is going to reverse oil fortunes. what do you think? >> you are bringing up a very good point and that is there is massive offsetting factor of the usage and demand for oil. i think that that is one of the reasons, if you are talking about cruise ships and airlines and people not driving and staying in, i think that's one of the reasons that the texas railroad commissioner has become involved and he's going to be attending the meetings. these are kind of unprecedented things. norway today has come out and said it may participate as an observer. the level of potential global coordination that is being conceived right now as possible would really be something that woul