Leadership position because of her recent vote to impeach donald trump. The Secret Ballot vote 14561. The full house will vote tomorrow under the control of the democrats, remember, On Whether To Kick Greene off her committees budget and education. Greenes past comments include but arent limited to her view that School Shootings were staged, clintons murdered john f. Kennedy jr. , theres no evidence that plane hit the Pentagon On 9 11. Goes on into violence against democrats and rabid antisemitism. Marjorie Taylor Greene is totally out of control. Why would Kevin Mccarthy continue to associate himself and republican conference with someone who leader Mitch Mcconnell has characterized as a cancer. P last time i checked, cancers need to be cut out and not allowed to metastasize. Republican Leader Mccarthy issued a statement after his meeting with greene this evening condemning her past statements, and went on to accuse the democrats of course of fuelling the controversy by scheduling the
The s p climbing 2 or so, now up 2. 35 . This after the monster rally we had just yesterday. 2. 25 . Technically, pushing the s p out of a bear market, but that is a heated debate. The 10year yield continuing to rise by seven or eight basis points. Today, rising by an additional 10 basis points. You are getting a weakening of the u. S. Dollar. Beware talking about the funding issues, stress levels coming into the bloomberg dollar index. Some of the natural correlations are starting to return just a little bit. There is some hope and optimism here. Copper futures rising 2 . Futures are at the highest may have been since march 17. Are closing, helping to reduce the supply, and some hopes now that the demand outlook is improving as well. Here for a deeper dive into the markets is abigail doolittle. What are you watching . Abigail thank you so much, taylor. Certainly a risk on rally for a second day in a row. You mentioned the s p 500 up about 2. 7 . Energy is climbing higher, even though
To order directly. Reporter one of the big weaknesses in our Health Care System is search Surge Capacity for medical facilities. I wanted to ask what precautions, what is being done to get china was able to build hospitals in a matter of days. Are you prepared to use the corps of engineers or fema to Start Building Search Capacity that we may need in a couple of weeks . Pres. Trump first of all, we hope we dont get there and that is why we are taking a very strict look at this. We also are looking at areas, and not only looking, we are expanding certain areas. We are taking over buildings that arent used. We are doing a lot in that regard. We hope we dont have to get there, but we are doing a lot in that regard. Reporter could you clarify something . These guidelines say stay home if you are sick. Yesterday, the Vice President said no one should worry about losing a paycheck if they are sick. The house bill exempts companies of a 500 employees or more from the paid sick leave requireme
Driving the action first and foremost of course the heightened fear about the coronavirus. More countries go into lockdown as the steady spread of cases continues. The fed made a dramatic move cutting rates to zero and announcing new assets. And the economic slowdown with weak manufacturing data this morning from both china and the u. S. As we just said we are down about 9 on the dow. The low of the session was down 12 or 2,800 points. The dow is down about 31 from the recent market highs as we stand with just under we have every angled covered for you. Lets drill down on the selloff Mike Santelli at the market dashboard and lets begin with bob on the floor of the exchange. Trading halt this morning, 15 minutes right after the market opened our third trading halt in the last six sessions. Look at the s p 500. Our low is just a tad above 2,400. So well off of that number everybody down here waiting to see what if anything the president might have to say. Take a look at the dow movers, t
This number, down 664 points, for a loss of about 8. 5 . Crude oil at the moment, it has been vicious and quite a violent downside move, even after the ones last week that were very ugly. We see crude oil setting at 28. 70 but in the aftermarket, we are just above 29. Call it straddle. We are right at 29 a barrel. We have major developments this afternoon putting even heavier pressure on the markets. Canada moves to close its borders and the nations airlines are seeking up to 50 billion in aid to support the massive plunge in bookings as of course, social distancing affects all forms of travel. In this hour, we do expect that live News Conference held by the white house by the Coronavirus Task force. 3 15 p. M. Eastern, 14 minutes away, as you heard. We understand the secret service has now started taking temperatures of those in attendance. Heres a couple questions we at countdown want to know. Will we see more stimulus announced . Will the status of the nations airports change at all