Morning was talking about the time change is evident here the shot of u c berkeley, all lit up at this hour there. Some leftover cloud cover with us but we did have a nice clear patch going on to overnight that allow temperatures to tumble. Heres the shot from the golden gate look at that. Not much the way of winds either thats another factor, mild temperatures to fall. But like a clear patch were getting right now to get too used to it though well see the clouds reassemble couple sprinkles down to the Santa Cruz Mountains maybe a little bit and in Mount Hamilton as we speak elsewhere not much going on upstream again the cloud cover will gather here very shortly were going go back to mostly cloudy mode. Also we have some ground fog a little bit in some of the outlining areas that will also mix out most focused and the south bay and the Santa Cruz Mountains as i mentioned look at this. Temperatures really felt there in the north bay again drier air kind of snuck in clear skies not much
All of the sectors are lower. One of those stocks is Newmont Mining because gold is higher as a safe haven, up 1. 3 now, well above the 1600 an ounce ma rk. Clearly an ominous environment right now. Earlier this week, we had swings day,. 2 and plus 1 in one so it is not unusual to see these swings today. The other assets i wanted to point to, dollaryen. We are seeking we are seeing a weaker dollar. Very interesting move in the currencies, and obviously that will continue throughout the session. If we have the s p 500, i can show you that the stocks that are lower are primarily once vonnie live from new york, im again the travel companies, the airlines. American airlines down seven vonnie quinn. Guy from london, im guy point 5 . The moves to the downside are very big. Johnson. Welcome to bloomberg markets. Vonnie lets check in on the united down. Royal caribbean lower. State street lower. First word news. A note out from an analyst on heres viviana hurtado. Viviana rates for 30 year u.
Points. 770 is the yield on the 10year treasury right now. The yield on the 30year treasury below 1. 35 . It is now down 18 basis points at 1. 358 on the 30year. Mortgage rates are hitting record lows, how you can take advantage of this, these yields are tied to mortgages so we could see refi activity as well. Coronavirus crisis, one hundred thousand confirmed cases worldwide. That number is expected to increase. President trump says that the u. S. Economy could take a hit but says it is all going to work out and everybody should be calm. The democratic field is thinning out. Elizabeth warren the latest to drop out of the 2020 race but not making an endorsement just yet. Meanwhile this Jpmorgan Chase jamie dimon is recovering from emergency heart surgery this morning. The surgery was successful and dimon is awake and alert. Plus nashville recovery, President Trump headed to tornado ravished area today after approving disaster declaration, we will tell you there live this morning for a
Residential primaries. Also kyle kondik, the managing editor of sabatos crystal ball will talk to us about the developments in the 2020 president ial race. Washington journal is next. Host it is the washington journal on the super tuesday. Biden gaining joe the endorsements of Pete Buttigieg, Amy Klobuchar, and beto orourke. Bernie sanders is looking today and get dashed again delegates from those participating today and hoping to do well in california. This as President Trump held a rally in North Carolina where he not only talked about the november election but the administrations action on testing and developing a vaccine against coronavirus. You can make comments on either super tuesday or the u. S. Coronavirus response on three lines. 2027488000 for democrats. 2027488001 for republicans. 2027488002 for independents. If you want to text us, you can do so at 2027488003. Wj can tweet us at cspan and follow along on facebook and facebook. Com cspan. When it comes to our coverage for t
That all seems to have stablized. Neil think about this, jpmorgan put together a year most successful for any bank ever in history. Any bank ever in history. Fox news contributor john layfield. Point view Wealth Management president , david dietze. Welcome to both of you. It is a split verdict. Wells fargo had other problems that disappointed the street. By and large were expecting financials to lead the way. They have done that. David, is it your sense that, you know, wells fargo is more an outlyer here . Absolutely. Wells fargo had to put aside billions for legal and regulatory issues. Theyre still trying to climb back out of the fake account scandal. That really pulled down the results dramatically. Of course theyre having to deal with some client defections and so forth as people lost a little bit of confidence in the bank. Jpmorgan, citigroup doesnt have the problems and they knocked the cover off the ball in q4. Neil how would you advice people if these markets, john layfield, 29