Positive for more on this we will turn to if that ill be in london for more is that. I sure hope at 90 you know decided to use self isolate inside 10 downing street and late last week we understand that there were reports that his assistant continued most since in just the march after around 7 days they start to clear up but the Prime Minister after about a week conceded shows that it images are isolated and then we had the news that last night to run the same time that the queen was adjusting the country in which prerecorded message Boris Johnson was taken to hospital Joseph Hospital which is just down the road just across the river thames from where the house of parliament and downing street a located now initially the line coming out of government was that Boris Johnson was in a Good Condition he was having a comfortable last night spent in a hospital there were many others especially sources suggesting that he wasnt as well as the government were suggesting that they had to go to t
Warning of more damage. Vonnie similar story here in the u. S. We are seeing a nice rally continue on the s p 500, up 4. 9 . The worst performers include viacom and cbs. Viacom went to market without cbs. Rallyingoleum company 21 . Boeing is another big help, particularly for the dow. The 10 year, 81 basis points. The dollar index, down at 1. 5 , some currencies really just flying today. Offshore trading at 7 08, a little lower than it was earlier today. The fixing was much weaker than it has been in the last several sessions. Thes get more details on session in global markets, here with us is taylor riggs. Taylor i want to talk about the major averages. The dow has rallied more than 20 to effectively pull us out of the bear market. We are still off 25 from the peak. As you mentioned, tech having some weakness yesterday but turning that around and getting some strength today. You are catching a bid for the 10 year, movement of money going into both equities and bonds, which is interest
A business. Global stocks have continued their freefall as the number of coronavirus cases surpasses 100000 the spread is threatening economies around the world and forcing governments and Central Banks to step in with economic stimulus heres a recap of whats been a turbulent 2 weeks. Its been the worst 2 weeks for global stocks since the 2008 financial crisis from wall street to tokyo investors are facing a global epidemic that could have just asked risk consequences for the Global Economy and the u. S. The Dow Jones Industrial average fell more than 10 percent over the past 2 weeks stocks have been hit even harder and frank for the dax index has lost 15 percent since february 21st thats when cases began to surge in south korea italy and iran the coronavirus is continuing to spread outside of china with around 20000 cases recorded. More airlines have been forced to ground planes american tech giants have sent workers home and japanese officials have suggested they could delay at the T
Today have a further future. Keep the dot com africa there goes to the melting just. Click on shirt. Cut. Markets continue to clung to as the number of people infected by the coronavirus exceeds 100000 could we be on the brink of another global recession and well ask our correspondent on wall street. Also coming up the Crisis Management Companies Face supply Chain Disruption consultants are stepping in to help make that you know whether the storm. Hit the sniff test of the future scientists to come up with an alias way of testing whether or not off food is good to keep. This business Welcome Global stocks have continued their freefall as the number of coronavirus cases surpasses 100000 the spread is threatening economies around the world and forcing governments and Central Banks to step in with economic stimulus heres a recap of whats been a turbulent 2 weeks. Its been the worst 2 weeks for global stocks since the 2008 financial crisis from wall street to tokyo investors are facing a g
Welcome to the second day of the policy conference. My name is ilan kolet. Im the head of inflation and Commodities Research at Fidelity Investments in boston. Today, we have the pleasure of hearing the latest views from World Bank President David Malpass. President malpass is the 13th president of the world bank group. A term he began last year. Prior to joining the world bank, he served as undersecretary of the treasury for international affairs, founded a Macroeconomics Research firm, and served as the chief economist at bear stearns. While many of us know him now as a policymaker, there is a very long history in private sector macroeconomic analysis. Yesterday, when i was chatting with a retired friend of mine, he mentioned that the best moderators are funny, fluid, and forgettable. With that, president malpass, the floor is yours. That was funny and fluid and everybody will remember it. So you failed. Well, ilan, im very pleased to be here. Ive got some notes, and then ive got som