Just a few minutes ago we hit another record low. The nasdaq of course is obviously under stress as well, down triple digits. Then of course, the Dow Jones Industrials completely lower by 1,862 points, although i would point out the low of the session is a loss of 2,096. Let me take you back to four minutes after the open. Stocks fell so aggressively that the First Circuit breaker as its called, the level, level 1, to halt trading kicked in and that exact trigger would be the s p 500 hitting level 1, a loss of about 7 at that time. Now, after 15 minutes, this is what the dow was doing earlier on the new york Stock Exchange, after 15 minutes of the halt, stocks then reopened and thats when the dow promptly fell 2,046 points. At its low, 9 50 a. M. Eastern time exactly, coming within 200 points of a bear market level. In the last 15 minutes, the dow hit another new intraday low so we can change that 2,158, 2,158. Lets talk about oils response to this deadly Coronavirus Impact on the glob
Countries limited use to Drainage Solutions and deforestation. Interactive content teaching the next generation about environmental protection. Using all channels available to inspire people to take action and more determined to do something here for the next generation along. The environment series of global 3000. 00 on d w and on mine. The spread of the coronavirus keeps dragging down Global Financial markets asian officials continue to mass brain campaigns governments take physical action and companies from around the world brace for. The chinese virus as you get it in. Some markets like india or the middle east. And the 1st state visit by a german president to kenya. To strengthen ties to provide a stabilizing force for east africa. As their business investors from johannesburg to new york are adjusting their portfolios companies are shifting production there are shortages panic buying the coronavirus has whole economies on edge the World Health Organization has criticized africa f
As we take on the world. Were all about the stories that matter to you country but what ever it takes from a cut. Made for mines. The spread of the coronavirus keeps dragging down Global Financial markets asian officials continue mass spraying campaigns both governments take fiscal action and companies from around the world brace full for the show hedges. The chinese buyers pose as you get it in whole history book elsewhere as a business summit starting to markets like india over the middle east. And the 1st state visit by a german president to kenya. To strengthen ties to provide a stabilizing force for east africa. And then fizzle when its their business investors from johannesburg to new york are adjusting their portfolios companies a shift in production or shortages as panicked by the coronavirus has whole economies on edge the World Health Organization has criticized africa for being too slow in preparing for the spread of the virus today it says the world is simply not ready. The
California utility pg e said to be close to finalizing terms for a 13. 5 billion dollar payout to victims of wildfires sparked by defective equipment. Youre told it would pay half in cash and the rest in stock in the reorganized company, although no final agreements have been reached. Pg e shares rallied strongly on the news but are still down more than 50 this year. The owners of the new york mets are in talks to sell up to 80 of the major league franchise. Were told a deal would be valued at 2. 6 billion and set a path for billionaire steve cohen to take complete control after five years. Hes already an investor in the mets and has a net worth of more than 9 billion. Shery markets open in tokyo and seoul at the top of the hour. Sophie stocks are set to rebound after closing at a low. U. S. Futures little changed. Checking in on the end, Holding Steady while weakening to a twoweek low yesterday, snapping a fourday advance. They opened lower but could gain a 30year option come and. Whe
A look at that and they think they could get a good price so they might as well sell so if alibaba has such good momentum behind the stock why this market valuation half that of amazon when currently they do even more business more revenue that even up higher than amazon already. Well its hard for anybody to have a valuation is high as i was on i mean theres a lot of speculative money thats in that stock and im sure one of these days its coming back down to earth i just dont know when that is. So now peter lets go back on to the domestic front we have come thinking reports and sentiment yet again from china and the u. S. The mood in beijing right now is increasingly pessimistic as trump refused to scrap tariffs dampening hopes for a resolution the u. S. However seems more optimistic with the markets today and larry kudlow we entering yet again that they are getting close so why are we getting the conflicting reports here. Well 1st of all i think the chinese are actually posturing for a