Tenyear yield has fallen below 1 . It dropped to a record low of just. 9 . Right now its barely above that at. 98 . Stocks made a brief attempt at rallying but then completely tumbled. The central bank said it was making a preemptive strike to stop the coronavirus contagion from affecting the american economy. The dow started swinging all over the place. More than 1300 points from a high of up 381 points to a low of a loss of 996. As you see, we are down 642 points. The s p is down 71. Of course, the nasdaq, triple digits, down 234. It all comes as President Trump right now is at live picture, right now at a roundtable at the National Institutes of health where he is meeting with all kinds of Health Vaccine experts at the research center. Hes going to then take a tour. Lets listen in. Hes taking q a. If it was necessary, i would do it. Yes. Reporter whats your timeline on further travel restrictions, mr. President . Well, we are looking at different areas and we will make that decision
Facing. Really reminiscent of that merce outbreak in 2015. We saw that 10 billion extra stimulus package back then. Because of this, we are seeing the markets under pressure, but one exchange that im watching is small caps in china. Actually at the highest level since october 2016. We have seen those pboc Monetary Policy measures. Not to mention more news that china could be taking over a hardhit industry. Lets get a broader check of the markets with Sarah Ponczek. Pretty much Everything Else is now trading in the green as the trading session does progress. We have seen markets turn lower under further pressure. 0. 2 but still on track for its best week since june. The hang seng now down 1 . Many times this week we have seen the benchmark approach 50 day moving average, but we have seen it fail as we have seen today. The nikkei roughly flat, but modestly lower. After trading as high as a half percent early on. Then we see the south korean kospi and underperform her across the region on
Ahead. Im jack otter. We begin what we think are the three most important things investors should be thinking about right now. Big tech acquisitions under scrutiny by the ftc about what it could mean for investors. Mortgage originations are the highest level since 2005 as housing finally back on track . And trouble at bed bath and beyond and under armour shows the turnarounds are hard to pull off. What to expect for other struggling retailers for on the barrons roundtable my colleagues al roots, carlton english, and jack howe. This story was a little underreported and i dont think anyone knows quite what to make of it federal trade commission made a pretty stunning demand to Tech Companies saying we want data going back ten years on all the purchases and acquisitions we did not look into. Thats nearly 500 deals for microsoft google and several others. And when is the right time for investors to panic because weve been talking for a long time about these guys having too much power there
Is public enemy number one. Its more of a threat than terrorism. Those who may be exposed or being held in quarantine including thousands aboard a crews ship to japan. Airline flights to and from china and other National Events around the globe are being canceled because the fear of the deceased spreading parade is also concern the virus will have a blow to chinas economy, the world secondbiggest. What kind of Ripple Effect that could be. The u. S. Economy does not seem to be overly impacted right now but that could change. In the semiannual report to congress this week Federal Reserve chairman jay powell said the risk here is not clear, but there will likely be some effect and the Federal Reserve will be watching. Careful to see if any follow could be persistent. Treasury secretary and said this is a onetime event that wont last beyond 20 20. A little earlier on foxbusiness he pointed out that it has led to the white house lowering growth projections. So what is the future of this dea
Ahead. Im jack otter. We begin what we think are the three most important things investors should be thinking about right now. Big tech acquisitions under scrutiny by the ftc about what it could mean for investors. Mortgage originations are the highest level since 2005 as housing finally back on track . And trouble at bed bath and beyond and under armour shows the turnarounds are hard to pull off. What to expect for other struggling retailers for on the barrons roundtable my colleagues al roots, carlton english, and jack howe. This story was a little underreported and i dont think anyone knows quite what to make of it federal trade commission made a pretty stunning demand to Tech Companies saying we want data going back ten years on all the purchases and acquisitions we did not look into. Thats nearly 500 deals for microsoft google and several others. And when is the right time for investors to panic because weve been talking for a long time about these guys having too much power there