[inaudible conversations] [inaudible conversations] if you miss any of our live coverage of the governments response to the coronavirus outbreak, watch it anytime at cspan. Org coronavirus, for daily briefings by the white house and the task force, and hardest hit states. Use the charts and map to track the global spread and confirmed cases in the u. S. County by county. Our coronavirus web page is your fast and easy way to watch cspans unfiltered coverage of this pandemic. Up next, a Senate Hearing on Bipartisan Legislation aimed at eliminating Child Sexual Exploitation on the internet. Good morning. Thank you all for attending this, what i think is going to be a very important hearing and senator blumenthal, i want to thank you for the hard work youve put into drafting this piece of legislation. Senator feinstein is on the way. She said it would be okay if we got started. I normally dont say a whole lot in opening statements, but i might take a bit of time today. I want to introduce
Similar percentage moves for the s p 500 and the nasdaq composite as well. The question becomes after the best week for the dow since 1938 last week, the best week for the s p 500 and nasdaq composite, are we starting to see a market bottom play out . Lets start here with our invest Investment Committee joe, what are we seeing here is this a market bottom we can see developing out in the next couple of days and weeks no one knows the answer to whether this is an absolute market bottom. What is going on is theres a significant trading bounce in the market and a lot of it is predicated on the end of month rebalancing we know will occur into equities. Today, very surprising there seems to be a high degree of optimism relative to the expectation were going to get a significant amount of negative news coming this week in the form of ism in the form of unemployment figures and in the form of continued negativity surrounding riding cases of coronavirus here in new york city which is the epice
Investors say there is little chance of warding off a recession. The bank of japan is next. Governor kuroda may be more aggressive as the virus further weakens the economy. U. S. Futures start trading in the negative right now. Under pressure right now. 3 percent. Even after we saw the worst day since 1987. Forident trumps travel ban europe not today well with investors. Take a look at what we saw throughout the session. It was an incredible day on the s p 500. The fiveminute trading. If you can switch up the board, you can see what happened throughout the session. We were down 7 . We did see a little bit of a bounceback around 130 when the fed came in with surprise Market Operations. We have the fed ramping up measures to help the markets and liquidity with more than 5 trillion being promised. 1 30, that Center Markets a little higher. That did not last long. You can see how the 10 year yield did manage to pervak some lower,e but it was still around. 8 . The same thing for the u. S. D
Activist investors to push out jack dorsey from twitter. An interview with the impossible foods cfo on plans to enter china despite the spread of the coronavirus. The Global Smartphone market has been slowing down for some time. The coronavirus will only make it worse. Smartphone shipments will drop 2. 3 to around 1. 3 billion units. Paul allen and emily chang spoke with the ibc president on wednesday. We have a number of analysts looking at this. We would say the tightest ingredient in this is the people. People are not fully back to work. With think the manufacturers in china are mainly 30, 30 5 35 of capacity. They are slowly starting to ramp back up. China also has been a place where many components are manufactured. From that standpoint, what we have now is we believe the tightest components will be pc base and screens. That would fit with the story we have today, that if you are having trouble with replacement parts, what is one of the biggest parts . You drop your phone and you
An interview with the impossible foods cfo on plans to enter china despite the spread of the coronavirus. The Global Smartphone market has been slowing down for some time. The coronavirus will only make it worse. According to ibc, smartphone shipments will drop 2. 3 to around 1. 3 billion units. Bloombergs paul allen and emily chang spoke with the privacy ibc president on wednesday. We have a number of analysts looking at this. We would say that the tightest component the ingredient in this is the people. People are not fully back to work. With think the manufacturers in china are mainly 30, 35 of capacity. They are slowly starting to ramp back up. That is good news. China also has been a place where many components are manufactured. From that standpoint, what we have now is we believe the tightest components will be pc Circuit Boards and screens. That would fit with the story we saw today, that if you are having trouble with replacement parts, what is one of the biggest parts . It is