With the top stories from europe including germany reveals plans to take in child refugees as the talks with turkeys president over the border crisis with greece. From the country to be canceled until april to slow the spread of coronavirus footballs governing body fee for the sides to postpone asian qualifying for the 2022 world cup. Welcome to the new spread fear of coronaviruses starting to have a major Global Economic impact on top of the growing human cost us stocks plummeted in the opening minutes in new york even forcing a temporary halt in trading president. Is due to meet with his economic advisors in the coming hours that stock market plunge was also influenced by all prices dropping around 30 percent on monday the biggest fall in almost 3 decades and thats amid a price war between saudi arabia and russia moscow refused to join the plan by major Oil Producing nations aimed at cutting output and maintaining prices stock markets across asia have continued to fall continuing the
U. S. We are the latest to take a look at Something College and then i pod and explain whether theyre about to order for the 1st time in history was the goal of others is what we dont manufacture enough not just products but critically important medicine weve got a live report so much to get through today so lets get started. And the panic plunge continues thursday as the optimistic dip buyers who stepped in yesterday got smoked Global Markets around the world are all in correction territory defined as being down 10 percent or more from their recent highs wiping off more than 3. 00 trillion dollars from Global Stock Markets given how fast this drop was many economists are pointing to the coronavirus as a true black swan event in a span of just 6 days the u. S. Market went from record highs to correction territory with the dow down over a 1000 points today over 3000 points for the week not securities reports said this plunge is the only the 2nd time in history. That this has happened th
10 year treasury yield hit a new record low below one and a quarter percent as investors clamor for safety Goldman Sachs is projecting 0 percent growth for the u. S. Companies this year given the severe decline in chinese Economic Activity disruption to the supply chain elevated Business Uncertainty and low demand for u. S. Exporters this is a drastic deviation from previous consensus which is still pricing in a 7 percent growth european equities to 3. 6 percent lower and officially entered correction territory with the cac the dax and the flat the all down but lets take a quick look at asia while the west is swimming in a sea of red the shanghai composite the hang thing and the cent and index are all positive china sports have reached a turning point as crane operators customer operators and other key logistic links begin to slot back into place turnaround times are starting to improve as the ports work to clear up the backlog official numbers continue to show a drop in new cases and
Continue to pump markets in to panic as the 1st case of unknown origin has been declared in the u. S. We are the latest flood to take a look at something called and then i pods and explain whether theyre about to trigger for the 1st time in history was the group of voters is what we dont mean youre fracturing of not just products but critically important medicine you go to live report so much to get through today so lets get started. And the panic plunge continues thursday as the optimistic dip buyers who stepped in yesterday got smoked Global Markets around the world are all in correction territory defined as being down 10 percent or more from their recent highs wiping off more than 3. 00 trillion dollars from Global Stock Markets given how fast this drop was many economists are pointing to the coronavirus as a true black swan event and a span of just 6 days the u. S. Market went from record highs to correction territory with the dow down over a 1000 points today over 3000 points for
Looking for 0. 1 and fed minutes at 2 00 p. M. Eastern time. Our road map begins with the virus risk for stocks. Investors closely monitoring the potential economic fallout of the coronavirus outbreak as the death toll crosses 2,000 plus tesla stock is spiking again, why one Analyst Thinks Energy Generation and storage are the next big thing to fuel the companys growth shares of dish network rallying the satellite tv provider beating estimates as pay tv stubs decline but at a slower pace stocks are poised for a positive open after the number of new virus cases falls in Mainland China and chinese officials announced fresh measures to support businesses struggling due to the outbreak globally the number offen could firmed cases exceeds 75,000 with confirmed deaths surpassing 2. Lowest number of new numbers for the month so far right with we dr. Fauci on yesterday, at closing bell and he was the most optimistic i think of the times he was on. He did point out, he was asked a question what