780 points s p also up 3. 4 the nasdaq up by 2. 5 . This morning, you do see some red arrows right now, the dow is down by 111 points the nasdaq down by 65 points jobless claims number that people will be watching so closely. Keeping an eye on trezy yields, it looked like the yell was trading at 3. 7 . Thank you, we have an update now and numbers. Confirmed cases in the United States is now more than 432,000. More than infections in italy, spain and germany combined new york state has 151,000 and 6,200 deaths Trump Administration is saying they are seeing real evidence that the measures being taken are working. A battle is brewing on capitol hill over new outbreak funding demanding 250 billion in new funding. House speaker and Senate Minority leader saying any new package would need to include more for additional money for hospitals, state and local governments. The senate is expected to bring competing measures to the floor today. Neither are expected to pass fed chair jay powell is s
Reported cases of coronavirus with at least 60 deaths. The u. S. Travel ban on europe now has been expanded and it includes the United Kingdom and ireland effective monday at midnight overnight france and spain were put on lockdown with some of the worlds most famous cities closed to business back here at home. Chaos overnight. Countrys busiest airports with passengers waiting for hours at customs after rushing home from Europe Walmart and publix and wiegmanns are cutting hours to give their employees to restock shelves. We will take your questions live to our doctor coming up. Wet gel you the answers you need to stay healthy. Sunday spotlight with business grind to go a halt in major indices across the country what happens to all of those employees looking at uncertain future our sundays closer harry smith on this moment in america and the hope that our collective social distancing might bring us together later in our sunday sitdown a human ray of light in an otherwise dark week. Emmy
Fifth state to order its citizens to stay inside except to go out for essentials like groceries, doctors appointments and exercising alone and at a distance new york states executive order goes into effect tonight meanwhile, congressional leaders are expected to be back in washington later today to discuss a trillion dollar economic rescue package. Senate majority leader mitch mnelquote, mitchy close mcconnell said they are close to a deal. All told, 24,000 reported cases of covid19 in the u. S new york state has a third of them this morning, 297 coronavirus related deaths in the country. Jeff bezos says his company is looking to hire 100,000 people to help them deal with the demand and asking people to apply now. In a few minutes we will take your questions live to a pair of doctors who will give you answers about your health, and mental. Later in the spotlight staying connected in our new age of social distancing the suddenly booming platform that is helping to keep us together then
Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op
By about 414 points. Things have bounced around rapidly. Weve seen the volatility. Part of that was the big selling that happened. Nasdaq off another 140 poijnts. Looking at the 10year trading down talking historic lows every day when the 10yearwas above 1. 2 on the ticker, i was looking for it this is an important time to watch that, didnt you think it is crazy its a new time line to look at global rates we never thought these type of rates would get to us. They are still higher than the rest of the world is at. It is still staggering it is unbelievable and shocking on the daily basis. Providing the context. It does not happen often they are usually tied to an event. 1998, it was the collapse of the he hedge fund in 2010, resulting in a drop 2008, the financial crisis led to a fourday decline of more than 1,500 points. And now the coronavirus with a loss of 3,200. The big one was 1987 that wasnt really precipitated by any other event other than insurance. 22 in a day i want to make a