Up 0.9% on the day See here for global coronavirus case data
Blogs
Baker Hughes oil rigs 292 from 325 last week and 311 estimate
Baker Hughes rig counts continue to him him. fall sharply – Baker Hughes oil rigs 292 versus 325 last week – gas rigs 80 versus 81 last week. Estimate 71. – total rigs 374 versus 408 last week. Estimate 388 The number of oil rig counts continues its sharp decline.
White House hopes to have a phase 4 coronavirus stimulus package soon
Pres. Trump anxious See here for global coronavirus case data
New York coronavirus total deaths fall to 216 versus 231 yesterday
Daily statistics from New York In other coronavirus news in the US: In and the UK: See here for global coronavirus case data
Italy new cases rise by 1327 versus 1401 yesterday
Italy's coronavirus statistics for the day – total cases 217,185. That is a gain of 1327 from yesterday. The gain yesterday was 1401. The gain for the day was 0.6% versus 0.7% yesterday See here for global coronavirus case data
Staffer to VP Pence is the one tested positive for COVID -19
NBC reports A staffer to VP Pence is the one who tested positive for COVID-19. Earlier this week, a valet to Pres. Trump tested positive. Both the VP and Pres. are being tested daily for the coronavirus.
The 2nd White House employee contracts virus this week
Pres. Trump's valet was diagnosed earlier this week A second employee has contracted the coronavirus this week. Earlier in the week, Pres. Trump's valet was diagnosed.
More from Kudlow: China will be held accountable
Speaking now on Bloomberg TV Larry Kudlow is making the rounds on TV. This time with Bloomberg television: As time goes by, expect the topic of moving back "on-shore" as key talking point and increased policy objective.
US wholesale inventories falls -0.8% vs -1.0% estimate
US wholesale inventories – The US wholesale inventories for the month of March (Final) fell by -0.8% versus -1.0% estimate. The preliminary estimate was for -1.0%
More Hassett: If Fed decides to push interest rates negative, he would support it
The December 2020 Fed Funds futures contract is trading in negative territory The White House's economic advisor Hassett is on the wires now saying him recall from yesterday that the January 2021 Fed funds contract traded above 100 implying a negative interest rate. Today, the December 2020 contract