Asia thanks a second wave is coming. Stay talks with potential suitors are progressing well. Lets take a look at how we are checking up on this friday session of the week. We had a pretty good lead, ill be at a volatile session on wall street. Volatile section on wall street. U. S. Stocks falling after President Trump said he did not want to talk about trade issues with xi jinping. Going into the close, we saw a surge in oil prices, energy stocks, as well as beaten down bank and financial shares leading those gains. We are setting up for a pretty positive open here in asia. In new zealand, we are seeing trading get underway. It looks like we could pick up gains after two days of losses. We are seeing a positive lead when it comes to trading futures in japan, in hong kong, and in australia. It is a big day today when it comes to indicators out of china. We get those domestic activity numbers out when it comes to retail sales and industrial production, which could give us an indication a
The who says theres potential. Whistleblower says federal employee who is were sent to quarantine locationed were put in danger of infection by not having the proper gear. The u. S. Navy orders selfquarantine for ships that have been to highrisk areas, more companies as political battles are waging. Infectious disease expert is here from John Hospital kins will be here with what you need to know. What apple ceo ceo is saying about the coronavirus and company, exclusively at fox business. Days from South Carolina primary , senator Bernie Sanders knocking joe biden out of first place. Mornings with maria is live right now. Top story this hour, market sells off, we are off of the louse of the morning and we are looking at a decline right now of 232 on dow jones. That means the market is down 10 from the high, the dow plummeted 1200 points yesterday, largest decline ever. Secrets of wealthy podcast veronica, fox business Dagen Mcdowell and wall street journal Senior Writer Jon Hilsenrath.
Home prices up 3. 8 year on year. Roadmap begins with a turnaround tuesday. Stocks set to bounceback as markets attempt to recover from the worst drop since 2018. The drug maker shipping the first batch of this Coronavirus Vaccine as the World Health Organization warns the outbreak has the potential to become a pandemic. And the top performer sector just last week losing more than 200 billion in market value yesterday and set to fall again at the open today. As stocks come off, as we said, the worst day in the couple years, the coronavirus numbers continue to climb both in and outside china. Total confirmed cases exceed 80,000. Deaths surpassing 2,700, heading into the session the downd at s and the s p are in negative territory. We have croatia, bahrain added some. The Iranian Deputy Health minister tested positive. You cant read all the headlines theyre coming too quickly. And i think iran and italy are the two that i think people are focused on. But all these others, they always in
Actually also at the top of the leaderboard. At the bottom of the leaderboard, a lot of health care names. To be clear, this was a pretty even trading range. The smallest range since december of 2017. Romaine lets dive deeper into the action with all of our market reporters. Abigail i am looking at an area of outperformance, the emerging market index. Here it is over the last six months, up about 9 . Huge outperformance. Up eight of the last nine days. We also see that this recent action takes it above highs. We are also seeing a breakout. Forould be the new hot area 2020, but the breakout is not convincing. High back intime 2007, then down in the financial crisis. It basically stock in this range. The breakout that was so impressive on the year, not as impressive on this longerterm chart. Bowls have some work to do. Renita i am looking at eli lilly, which was up to its april high earlier today, which has since paired some of the gains. Revenue is expected to grow. Bloomberg intelligen
Mornings with maria begins right now. Maria wall street journal Wealth Management reporter, secret of wealthy womens podcast veronica. Weve got the update too, mark cubans mavericks lost to knicks. Im coming back, we are getting the revenge game, yeah, he didnt do it, so. Maria it was close, though, i looked at the score in the middle of the night just to check it, just a point between them and then it went. The knicks won. Im sure mark cuban has a lot to say about that this morning. That was tough. Phase one deal, theres a lot of debate about that i just want to say the chinese yesterday were going to buy agriculture and the u. S. Side does not want to take away tariff increases planned in december, having said that, larry kudlow said they are close. The president is looking at it and the s p hit record territory. White house economic adviser larry kudlow says talks are in final stages but President Trump not quite ready to sign it yet. We have october retail sales coming out in 2 and