Matt the coronavirus spreads stateside. New cases across the u. S. Including in new york city. President trump meets with pharma executive today as the global death toll passes 3000. The fed is in play. Policymakers stand ready to cut rates but doubted they can fully offset the virus in fact. Goldman sachs sees a 50 basis point reduction this month. Berlin reports its first case of the coronavirus. Italy seeks a wider deficit to pay for emergency economic measures as cases soar. We are under an hour away from cash trading in europe. You are getting 1 to 2 gains in futures, the ftse futures up. This is after the biggest route we have seen, we saw last week since 2008 for the broader stoxx 600 european index. Getting gains in the preachers in the u. S. Are not as sharp but we are 7. 5 hours away from the start of trading there. The nasdaq, down, many contracts rising this morning. What are you seeing . Money going into risk assets. That is the theme through the Asian Session and markets
Major funding for the pbs newshour has been provided by ra bnsway. Consumer cellular. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and financial litecy in the 21st century. Carnegie corporation of new york. Supporting innovations inn, educatemocratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ofgoing support hese institutions and individuals. This program was made possible by the corporation for and by contributions to your pbs station from viewers like you. Thank you. Nawaz wall street extended its yearend rally for another day. L three of the major indexes notched new record closing highs today,hanks to a boost from retail and technology companies. The Dow Jones Industrial average gained 106 points to close at 28,621. The nasdaq rose 69 points, to cross the 9,000point rk for the first time, and the s p 500 added 16. Businesses in parts of hong kong were brought to a st
2020 election. There is agreement on Government Spending. That takes the threat of a Government Shutdown off the table, at least in the short term. One more, and i consider this a plus. Chairman nadler suddenly called off the Impeachment Vote last night. No reason given. Debate resumes at 10 00 eastern this morning. Perhaps he wasnt sure the vote would go his way. Perhaps he wanted more tv time. Impeachment has become a democrat mess. Now look at this. A 220point gain for the dow yesterday and we saw an Early Morning rally today, faded only a little. The dow still on track for, what, 80, 90 point gain, up 8 on the s p, up 27 on the nasdaq following a big gain yesterday. December, no, ive got that wrong. A december to remember, thats what im trying to say. Varney company is about to begin. Stuart lets start, why not, with a president ial tweet. Here we go. Record stock market and jobs. Short, sharp, to the point, mr. President. We read it right there. Good news all around. Some big name
That either of us get all that regardless of the threats and oppression we are determined to continue the operation until the end i am stating clearly we will absolutely finish the job we started. We want this war to stop nobody should die no soldiers no civilians we just want peace that is a clip from the nation from the European Union site after this military action in the north east of syria this is a complicated situation. Now thats of course were scared were scared for the whole country for turks for kurds for everyone no one should be killed comical so the book is going along. Because we get on the money being used do we need in the fight against funny how are you going to stand by your ally a nato member all the terrorists to the studio. Also coming up prickly and may shift the vulgar language of the u. S. President now theres a disturbing video showing the president as a mass murderer his target the news media but we are not alone. Were not election day so theyre pursuing an il
Should die no soldiers no civilians we just want peace that is a clear condemnation from the European Union site after this military action in the north east of syria this is a complicated situation for a few nuggets of course were scared were scared for the whole country for turks for kurds for everyone no one should be killed. For the book is going on not. Because we use it on the money that you do we need in the fight against the pa you go to stand by your ally and they to member all the terrorists that are sitting there. Also coming up prickly and may shift the vulgar language of the u. S. President now theres a disturbing video showing the president as a mass murderer his target us the news media but we are not alone. They cant win an election so theyre pursuing an illegal. Constant. Impeachment. But to our viewers on p. B. S. In the United States and all around the world welcome that we begin the day with the race to fill the vacuum that was left when the americans were ordered t