That gives you a better indication of where trading would be if we were to open here look at the treasury market. Weve been watching that closely too joe did anyone else see 5. 7 and say, oh, it is not nine . I had the same reaction i saw the etfs, i actually thought, occasion. 5. 6 or 5. 7, which is just crazy. We keep trying to figure out where is the bottom. Look at the 10year note yield of 1. 15 a week ago, you were looking at below. 7 . The moves we have seen have been pretty phenomenal. The government is stepping up its efforts to pass a massive stimulus many are betting on whether it will be big enough the Federal Reserve is pulling out its own tools. We have huge Team Coverage of these major stories. Getting over to eamon. Starting with you in washington. Good morning. It was just 24 hours ago we were talking about the idea that american politics has really changed. Every 24hour news cycle, it is different. And now embracing the idea of sending 1,000 checks to just about every
Zero but market uncertainty still growing as Financial Institutions horde the u. S. Dollar. The latest move is seen as an attempt to prevent something on the scale of the 2008 Global Financial crisis. Meanwhile, finance ministers and central bankers from the group of 20 countries discussed the pandemic during an emergency Conference Call on monday. Translator g20 members have an extremely Important Role to play. Were determined the take all possible measures without hesitation to overcome this situation. He told reporters the development of coronavirus medicines will be the key to overcomie ining the crisis. He said nations should implement sufficient economic and fiscal measures. He stressed the g20 members should support countries with poor medical services. He says this can be done if the members cooperate with organizations such as the International Monetary fund and the world bank. The finance minister says leaders of the g20 plan to hold a Conference Call as early as this week. T
Hurting the economy. Retail sales and Hotel Offices tumble. Tourism from china sliding more than 40 . Shery later on Bloomberg Technology global link, we will talk about airbnb charting an unconventional path to the Public Market and how vcs are looking to disrupt the ipo business. Lets get you started with a quick check of the markets. U. S. Futures gaining 1 10 of 1 but this after we saw the s p 500 fall the most in about a month. We have the s p 500 finishing below its 50 Day Moving Average of 29. 48. Every sector turned to the red after we saw that we u. S. Manufacturing number appeared we had industrials leading the declines, not to mention banks moving lower as we had raising pressure towards the 1. 6 level. High volatility was pretty and the vix headed towards the 20 level as we have had october very volatile, if not the most volatile month of the year. That also having an impact on the markets. We are seeing u. S. Futures slightly higher at the moment. Lets see how asia futures
And by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose larry david has been called everyones favorite curmudgeon, his particular brand of dark, observational humor has made him one of the post distinctive voices in comedy. 25iers ago he and fellow comedian Jerry Seinfeld created a show that made television history. Seinfeld reason for nine seasons. It is considered by many to be the greatest sitcom of all time. Larry david follows his success there with the improvisational Comedy Series curb your enthusiasm am now he is on broadway. He wrote and stars in fish in the dark i recently spent time getting into larry davids head for cbss 60 minutes. Tonight we bring you an hour from those conversations. Look at this. Larry david above the title. What would your mother think now . My mother would be doing cartwheels. She would not be able to contain herself. Y
With former new orleans mayor marc morial on the progress made in his city and the challenges that remain. New orleans has long been, like Many American cities, a tale of two cities. Woodruff and a game changer for the blind and visually impaired. Designing a smart cane at helps navigate the environment with ease. Ifill all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. Thank you. Ifill after taking a beating for six days, wall street stormed back and had its best day in nearly four years. The Dow Jones Industrial average gained nearly 620 points to close at 16,285. The nasdaq rose more than 190 points and the s p 500 added more than 70. The mar