Correction territory, the dow has to be down at least 361 points. We are down 766. The nasdaq has to be down 145. We are already down on the nasdaq at this moment by significant 276. And the s p has to lose a minimum of 68 points. S p right now down 87. Goldman sachs now believes that American Companies will see zero Earnings Growth this year if the coronavirus becomes more widespread than it already is. Backing up goldmans call, a slew of companies revealing new warnings about how the deadly outbreak could hurt their businesses. Countdown bringing out all the big guns for this final hour of trade. The head of the Worlds Largest derivatives and futures Trading Platform is here. Cme Group Chairman and ceo terry duffy on managing risk and how he plans to keep his exchanges running if coronavirus balloons in chicago. And Guggenheim Partners cofounder and global cio scott minerd here live. The best places to hide your money if the virus gains the power to trigger an earnings or Even Econom
Walk away from it, its a doubleedge sword for the democrats to go bonn this sword. Maria it sure on, we know the activity that went on in terms of hunter biden. Well, its crazy, to be honest, i dont understand why people arent saying why president made the phone call which was to congratulate the president of ukraine on his partys landslide wins in parliamentary elections the week before, i was actually in ukraine and people are acting as if the president called out of the blue to talk about biden, i wasnt that, a call made for purpose and this might have come up. Maria we will get the transcript soon. On deck this morning chairwoman of rnc, Ronnie Mcdaniel to talk about hearings, texas congressman and House Financial Services Committee Member lance on house leadership and Fox News Contributor karl rove on impeachment hearings, former ambassador to un, new mexico governor Bill Richardson on President Trumps un speech, we have a lot to talk about this morning, top story is the white hou
Good evening,on eve welcome. Well, it was a record run on wall street this week. The major indexes breaking thugh alltime levels multiple times, led, of course, by Federal Reserve chair Jerome Powells capitol hill testimony mi where he signalled an Interest Rate cut or cuts might be near. In the end welose it out with triple play of record closes. The dow rose about 244 points to 27,332. The nasdaq climbed 48, and the s p 500 added 13 and closed above 3,000 for the first time. All threendes were solidly higher on the week. And while we sit here at record levels, the market will be turning its attention to earnings season which gets under way in earnest next week. Bob pisani tells us the one thing investors mt keep an eye on. Eerarning season is upon us, citigroup kicking things off on monday. For investors it will be about guidance. Prayerfully the second half guidance will be cautious and on the weaker side due to Global Growth and tariff issues. What about the bulls . Theyre arguing
Good morning its still moving to the westnorthwest it will continue that track through bahamas and cuba these are the spaghetti plots. The actual track has it looking like it will make a landfall in south florida going into early sunday morning between now and then you will start to see conditions deteriorate you have really the rest of the day today if youre in key west f youre in south florida to finish preparations and get evacuations underway alerts going on. A hurricane warning issued overnight for south florida in the purple also for the bahamas, the northern coast of cuba as well and still for the Dominican Republic this is a huge storm out there thats making its way close to the continental United States. If did downgrade to a category 4 storm, but i want to talk about that what its doing now is going through an eyewall replacement cycle. So its weakening because the thunderstorms right outside the eyewall are growing stronger than the thunderstorms around the eyewall, its kind
The cac and ftse are weaker. But spain has picked up, 1. 2 gains there after the catalonians did not go ahead and declare independence lets look at whats happening with crude oil prices. Yesterday another gain in crude oil prices this morning up 41 cents now talking about wti above 51, 51. 33. A couple other stories were watching china urging the United States to halt the threats of violence against north korea. Chinas communist party own newspaper saying the war on the Korean Peninsula would be craftic and dialogue remains the best option. Concluding trumps strategy could backfire bigley. They used bigley . They used bigley. Yesterday the u. S. Flew two bombers over the Korean Peninsula in a show of force fireeye reports that hackers linked to north korea north korea recently targeted electric Power Companies using fake invitations to a fundraiser to target victims on todays wall street agenda minutes from the fomc meeting come out at 2 00 p. M. Eastern time we will hear from charles