When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
In terms of an after hours session for us it certainly is so many Earnings Reports coming out. And four giant Tech Companies among them coming up on this massive show, fresh off earnings this morning, an exclusive interview with david taylor shares hitting a new record high today. The company saw consumers stock up on Household Goods amid the pandemic and then at the close, well get earnings as sara mentioned from names like apple, amazon, facebook, and alphabet those companies represent some 40 of the nasdaq 100s total market cap that is all coming up today on closing bell. Lets start with the markets the dow more than 500 points intraday swings today. Now at the moment down by 200 points mike, an intraday recovery inspired by the european close this was soft. Once we got that behind us, allowed us to bounce a bit it is true. The markets absorbed that weakness in europe as well as, of course, the ugly economic numbers before the open. Also i tested the recent lows in treasury yields w
Mornings on 2, the nine. We are looking at a pretty picture outside. Its going to be a nice day, you know i know that people are avoiding parks and playgrounds but you can still take a walk around the block. Hopefully you will be able to get outside and go for a short walk. Mike, how are you doing at home . All good. I am privileged and honored to be broadcasting to what my son calls studio m, its his room. When we are all done with this, think about how life is going to change, how quickly are you going to hug someone or shake their hands or jump on an airplane for a quick hall. Its going to take some time. I was reporting on an old news clip and i thought, they are sitting so close. I cannot wait to see you guys again. You would love to hug you guys hello but i do not know if we are going to be doing that. Lets brighten things up by alternating to steve paulson. We are 10 degrees cooler than yesterday at this time but its sunny. Thats the good news. We had a lot of low clouds the las
4000 with more than 200,000 cases of the coronavirus nationwide. Stocks falling yet again. I want to bring in romaine bostick. Is this investors waking up to the fact this is going to be going on indefinitely . Romaine that is what it is. The town changed tone changed yesterday out of washington. The cheerleading ran into the reality we are seeing a growing number of deaths. Where i have at in new york i am at in new york and the visuals on the ground, it is depressing and stark. It is reminder of how much longer we have to work ourselves through this Health Crisis and what that means for the economy. The idea youre seeing more cities and states begin to either impose shutdown orders or impose when they talk about the market response, the market is pricing in recession expectations, the idea the recession is deeper, longer, and the recovery may not be the v shape some were hoping for. Only one stock in the Dow Jones Industrial average, that was jumprt which had about. 4 today. When you
Effect of thec coronavirus. Well take your calls and you can join on facebook and twitter. Is next. State, and local response to the covid19 coronavirus ramped up over the weekend. Last night, the two leading president ial candidates faced off in a debate dominated by of the virus. We will spend the first 90 minutes, hour and a half talking about those developments, the response to the coronavirus, your thoughts on what you are theing and reaction to debate between joe biden and walk Bernie Sanders. Lines for democrat, 2027488000. Epublican, 2027488001 independents and others, 2027488002. Texts as well, 2027488003. Tell us your name and where you are texting from. On twitter we are cspanwj and it is facebook. Com cspan. Copingted in how you are with the restrictions and the measures in place or coming in place across the country and states. We will have to hear your thoughts on that and about the debate last night, what you hear from the candidates in particular on coronavirus and othe