Neil. Well, you said it when you set this up at the top. The conversation here on the floor has surpassed this notion of correction which the markets have gone straight through, but now traders are talking about bear market territory. That would be a 20 decline from alltime highs. Theyre saying they hope it doesnt happen, they hope maybe a bottom is set here today. The problem is theres just so much uncertainty, and we dont know where this whole situation is going to go. You know, the comparison has been made to the financial crisis, but there was an orderly process, right, between the government and the banks that stepped in to try to work on things. There was some uncertainty, but people were working on it. With this, were not sure how bad it can get, and thats whats spooking investors. Now, the s p 500 entering correction territory, it only took six days to get there. That is pretty staggering. The last high that we saw was on february 19th. Its been the worst trading week since tha
President Omar Al Bashir appears in court facing allegations of war crimes and downfall. And the u. S. Secretary of state lands in senegal as the white house tries to convince african countries to take sides in a trade war between the u. S. And china. And in sport home riders dominate cycling still of colombia. Needs the Overall Standings heading into sundays final stage. Doctors in china reporting a slowdown in the number of new cases of corona virus for the 3rd successive day but the World Health Organization says its impossible to predict the direction the epidemic will take 142 deaths were reported on sunday along with 2000 more infections most of those in who. Bay province where the outbreak was 1st reported in december and worldwide 1669. 00 people have died of the disease they include an elderly chinese tourist in france the 1st fatality in europe taiwan has also recorded its 1st death from the virus the World Health Organization is urging countries to step up preventative measu
Needs to be these kids shouldnt have to be the ones to tell us to get the job but they are we are going in the wrong direction. Also coming up its 2 days before we find out if Boris Johnsons simple election message is going to pay off at the ballot box get bricks it done in school chris its telling the public will. They. They think that the public wants to hear its been the simplifying the she. Was here our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the cost of carbon and whos going to pay at the United Nations Climate Conference in madrid governments are hoping to finalize the rules for International Carbon markets and at the same time there are demands by poor countries for aid to help them cope with the damage the destruction already caused by Climate Change all of this is. Source remains a question of leadership a group of climate n. G. O. S which monitor countries efforts to reduce emissions say that the world may be at a turnin
What they have to say about what elon musk is doing right and wrong. Facebook and apple are poised to post earnings wednesday. More on what wall street wants to hear. First to our top stories. Shares of amd fluctuating in afterhours trading. Earnings met analyst expectations for both the top and bottom line. That includes thousand in mind revenue forecast. Suggesting the number two maker of computer processors is getting on intel. Gaining on intel. Lets talk a little bit about the share price reaction following afterhours trading. A little light. 50 million. The stock was down than up and down. Down then up then down. Gross talking about 50 growth from a year ago. That is not bad. I hope that people hope for more when they put so much to work in the stock. They have put a lot of money to work. I am coming into a chart that shows the stock is already up about 14 yeartodate. How much of this was expectations early and high . How much was good news from the company we got today . It is th
They have to say about what elon musk is doing right and wrong. And facebook and Apple Employee post facebook and apple earnings. More on what wall street wants to hear. And a chipmaker reported thirdquarter earnings that met top and bottom my expectations, including inline fourthquarter revenue forecasts, suggesting the number two maker of computer processors is gaining on rival intel. Covers this for us. Falling in after hours trading. With the former guidance a little bit light . Ian about 50 million, but nothing to panic about. The stock was up. Also, with the forecast, there or thereabouts, we are talking about growth from one year ago, so that is obviously not bad. To workut so much money in the stock, and they did not get any upside. Taylor well, and they have put a lot of money to work. My bloomberg terminal showing it is up about 14 yeartodate. How much of this was expectations really high, and how much was good news from the company we got today . Perfect mixture of people ge