Bremmer, and Gabriela Santos the dow is down now almost 700 points again coronavirus fears sending the market plunging. The dow falls at one point more than 1,000 points at session lows all sectors going into correction territory which means 10 off their highs. Stocks are off to the worst level of the session after jay powell came out with a statement saying the fundamentals of the u. S. Economy remain strong and bond yields are plunging again sending Mortgage Rates to their lowest levels in eight years joining us for the hour, the final hour of trade is lindsey bell from allied invest. Also with us is senior markets commentator mike santoli as always to take you through the bell lindsey, what are you getting from some of your clients and what are you telling them . Our clients are retail clients. They are definitely concerned. So were telling them first and foremost, please do not panic. This is why you should have an investing plan in place. And always go back to that plan to reasses
Now. Its friday, im free again. I got my motor running for a wild weekend. Its finally friday. Im out of control. Get thforget the workingbluess roll. Lauren good morning. I know. Ashley friday, friday, friday. Lauren sigh of relief. I was off yesterday. Happy friday, welcome to fbn a. M. Im lauren simonetti. Ashley good morning, im ashley webster, in for cheryl casone. Lets take a look at how your money is moving as we round out the week. Lets take a look at the futures. Well, more red on the screen, selloff yesterday, dow jones and the futures down 110, s p and nasdaq down about half a percent. Lauren lets take a look at commodities this morning. The gold flight to safety is at 1636 an ounce, a gain of 1 . Oil prices down about 1 andahalf percent, 5302 a barrel. Ashley stocks in china higher after chinese officials said work is resuming in parts of the country. The rest of asia as you can he see, lower, the nikkei, hang seng and kospi in south korea a down on this friday. Lauren a ri
Are watching this morning, snow already falling in parts of carolinas and georgia, up to 6inches could blanket southern part of virginia region and eastern North Carolina, drivers are being warned about extremely dangerous Road Conditions this morning. Onto coronavirus this morning, the number of cases appear to be falling as death toll is now topping 2,020, 2200. The passengers quarantine have tested positive for coronavirus. New infections in china have fallen this week but new cases are being counted and they have a new way of counting the cases, the virus claiming 2,248 lives with at least 76,000 individual cases confirmed across the world. 27 countries affected by the deadly path of coronavirus. 11 americans meanwhile cruise ship tested positive, i will be speaking with two passengers, one of whom is infected. Maria roger stone learns fate, roger stone sentenced to 40 months, far less than 9 months originally sought, career prosecutors, the attorney general and the president. And
Senior fellow of the john l. China center at brookings. Its my pleasure to welcome you to this important event on chinas longterm Economic Outlook and its global implications. This event is unusual in present day washington for at least three reasons. First, as it has been widely perceived, people here have been preoccupied with Current Issues and the immediate challenges. As the year 2020 has barely begun, there are already several pressing geopolitical dilemmas on which our policymakers must focus. As we cross into the new decade, it will be important to look ahead toward chinas economic progress and the challenges it will present, both for china and for the world. Chinas Rapid Economic Development has arguably been and will continue to be the most consequential global story of the 21st century, and its ramificatio ramifications surely go far beyond the economic domain. It is important to note that traditionally and perhaps even today, china tends to take a longterm perspective and t
Cruise passengers in japan has just ended. Cheryl live pictures of passengers landing, 1800 deaths confirmed worldwide, 71,000 cases confirm offed coronavirus, the flights had u. S. Passengers on board who have been stranded, one arrived in california and the second one in lockland, texas, the state department arranged the evacuation because those on princess were risk of exposure. 14 of those evacuees had the virus, they have been isolated from other passengers even on the aircraft. Devastating flights in mississippi, residents fleeing jackson and expected to overflow bank, governor declaring state of emergency as Law Enforcement officers went door to door to seek higher ground. Well, gm taking the off ramp when it comes to unprofitable market, wrap up production in australia and new zealand and sell plant in thailand, the move and most recent restructuring plant, this makes more dependable on the United States, latin america and south korea, they have forecasted a flat profit for 202