4.3 • 1.2K Ratings
🗓️ 2 April 2020
⏱️ 58 minutes
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| 0:00.0 | And welcome everybody I am Brian Sullivan and you are watching see |
| 0:06.5 | and fast money where stocks were on the rise today the Dow finishing up |
| 0:10.5 | nearly 500 points and it was all on the back of energy. Energy had been |
| 0:14.7 | taking the market down. Today the complete opposite. The president saying that |
| 0:18.6 | he spoke with Saudi Arabia and Russia saying that they were talking about a |
| 0:21.8 | 10 to 15 million barrel a day cut for oil production. |
| 0:25.2 | That sent oil spiking more than 20 percent, one of its best days ever in the market, |
| 0:30.6 | and that raised stocks altogether. |
| 0:32.6 | Welcome everybody, I am Brian Sullivan, |
| 0:34.4 | and we have got a full hour for you here on Fast Money. |
| 0:37.2 | All the traders will be joining us momentarily, |
| 0:39.0 | but to open the show, |
| 0:41.1 | we've got to get some news that developed just moments ago and that is |
| 0:43.7 | the president invoking the Defense Production Act to encourage or force some American |
| 0:49.8 | companies to make ventilators. Let's get more in that breaking news right now with |
| 0:53.5 | Kayeletouche in Washington DC. |
| 0:55.8 | Kayla. |
| 0:57.8 | Brian, President Trump has done this just a handful of times during the coronavirus |
| 1:01.8 | crisis, but this afternoon he issued an order |
| 1:04.4 | that targets six medical device companies to procure the elements and materials they need |
| 1:09.7 | to expedite the production of ventilators and personal protective equipment. |
| 1:15.0 | The companies include General Electric, Hill-ROM, Medtronic, ResMed, Royal Phillips, |
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