Futures at start of trading as businesses reopen this morning, dow industrials up 350 points, 1 and a half percent. S p is up 41 and the nasdaq higher by 114, this after the dow, nasdaq and s p 50 finished down in the week despite fridays days as you can see, dow industrials were down 2 , 2 and twothirds percent, the nasdaq down better than 1 , tensions between the United States and china continue to rise, lawmakers looking to offer big incentives to move supply chains from china to america. President trump versus president obama. President trump calling predecessor incompetent as president obama says they leaders pretend to be in charge. Sports is coming back, the roar of the engines returned this weekend as checker flags dropped on nasdaq, caused drivers to hit the brakes, mornings with maria is live right now. Maria Global Markets this morning look like this, major areas of the world are reopening for business leading to gains across the world, as you can see in europe theres a stro
Now, latest numbers. The house is preparing to vote on multiple dollar package. What you need to know coming up. The nba suspending season, suspending season until further notice. March madness to be played without fans. Selloff extending across the globe. European markets deep in the red followed by travel announcement by President Trump. 1. 7 . Cac quarante down 258 and dax in germany lower by 588. Almost 6 . Italy tightening lockdown even further allowing Grocery Stores and pharmacies to stay open. The European Central bank out with latest Rate Decision this morning. We will have that for you as soon as it hits the tape. Investors are looking for news of stimulus to battle the Economic Impact of coronavirus. In asia red across the board. The shanghai composite down 1 and a half percent but japan worst performer down 4 and a half percent. Lets check Interest Rates right now. We are talking about a decline of 15 and a half basis points on the 10year yield now sitting at. 718 . This, t
Image problem for gm. A new widely watched Industry Survey ranks gm the worst automaker. First to sue at the new york stock exchange. And we have a rally on the street, ty, the dow hitting an alltime high. Dow jones industrial average last traded up 92 points. We have been up triple digits several times during the says. Transports a new alltime high, a 1. 5 up for the trannies. The s p 500 intraday high up, nasdaq is up almost 1. 5 , so the transports outpacing it on a percentage gain, but not by much. A tenyear yield is down to 2. 64 . Bob pisani is here to gives you the trading action where the bulls are firmly in charged. Its an why are we you will today . We shouldnt be up. They hate this rally. Let me give you three or four reasons. Theyre very curmudgeony today. Theyve been that way for years. The biotech names, the nasdaq, internet index, a lot of shorting going on in that space when this kind of move happens, 2. 5, 3 , you get Short Covering going on. Theres been concerns about
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