Restrictions but many businesses and states are seeking additional financial assistance. 8 30 a. M. Eastern treasury secretary Steven Mnuchin will join me live on how to help recover from the pandemic. Retail continues to struggles. J. Crew to file for bankruptcy this morning. We are expecting that. Take a look at futures, indicating a decline 266 points and nasdaq lower by 73 on top of selloff on friday which led the u. S. Markets in the red for the week, take a look, mornings with maria is live right now. Tensions between the United States and china are growing. Dax index in germany down 368 points right now. Sharp decline there. Manufacturing and construction starting back up in italy today. Shops set to reopen in ten days followed by bars and restaurants in june, in italy. In asia overnight losses in hong kong and south korea. Hong kongs gdp for the First Quarter decreasing, much steeper fall than expected. Hong kong down better than 4 . Markets in china closed for holiday as well
Americans . Markets this morning are pointing to a lower opening this morning. Take a look at average with Dow Jones Industrial average down 528 points. Nasdaq lower by 78. Dow up 1,151 points. S p yesterday up 154 on wall street. Plus the president speaking with chinas xi jinping overnight. The two countries are working together closely to fight against the pandemic. Next hour eli lilly ceo will be here on drug supply chain and how dependent some companies are still on china plus dr. Oz is here on vaccines and growing concerns about children getting the virus now. Plus americas biggest music stars coming together to help raise money for victims and First Responders. The eye heart living concert presented by fox, and air live including fox business, join us for jellon john, billy eilish and many others taking part in charity event. Mornings with maria live right now. Lets check Global Markets. European leaders still unable to agree to join together to fight spread of coronavirus and Ec
With us and brew Group Investment banker and nfl star jack brewer great to see you this morning. Thank you so much for swroining us here we are looking at futures which are lower this morning going into another week. This is an important week because were going to begin Third Quarter earnings give us a window into the economy and corporates dow and s p 500 trying to snap a threeweek losing streak, with all eye on the china trade meetings this week on thursday. The two sides expected to resume the negotiation thursday. Beijing reportedly ready to talk about a narrow focus deal. Narrower than weve been talking about with full scale reform of stroll sector off the table whats your deal given the fact that president has been adamant about industrial issues and the behavior of china particularly with the intellectual property . Market clearsly not liking it maria. I mean listen the pressure is on certainly hong kong is not getting any better an chinese economy isnt getting any better our ec
First alert neighborhood forecast with meteorologist krystal klei and the most accurate forecast in town. Krystal. Good morning, guys. Were looking at a pretty cold start out there. Temperatures for some f us in the 20s. Were at 28 in allentown, 26 mt. Holly and 28 in vineland. Wilmington, youre right at freezing 32 degrees. And philadelphia now has fallen to 34 degrees, so just above freezing but even the lightest breeze is making it feel like we are below freezing. So layer up as you head out the door. Thats your best chance as you get out there. Now, for those runners youre going to look up at the sky, its still dark right now but may notice increasing clouds. Dont worry, i think the rains going to mostly fall after the Half Marathon is done today. But we are getting cloudier conditions ahead of that rain as it moves towards us and its moving quickly about 40 Miles Per Hour chugging along to the east. Its heading our direction and will be here by late morning, north and west neighbo
We come up with a belt that a conscious the goal of the president and we will take it and move forward with it. We are moving on the tax reform. Lets get to work. The responsible thing, lets get back to work and do what we told the voters who are going to do. We never stopped working. All throughout health care as well we will continue to make improvement. We are planning to move this on the ways and Means Committee in the spring. Maria the drama in d. C. Sending wall street futures indicating a lower opening for averages today. Investors are nervous, wondering when the details come out on tax reform trading on a sixweek low of the dow industrials down to 33 . Expect a decline of better than 100 this morning. Investors really wondering what happens now in terms of tax reform and whether therell be a similar fight on that front as there was in health care. New details on the london terrorist attack at the tear is service what app before his attack. Police cannot get to the messages beca