Quarter. We are down 1. 4 on the s p. Weve got a big show coming your way well speak with the ceo of hologic which says its new coronavirus test could help increase the countrys Testing Capacity and a massive afternoon of earnings. Apple, amazon, gilead, visa and whirlpool. And an exclusive interviiew when i will pools ceo. Michael tracking the market on this final day of the month. Courtney has a strategy update for macys and julia is watching big moves for media stocks mike, start us off with the market down day, but big up month and a big five or six weeks since the market low take a look at the s p this is a twoyear this was a 35 drop on intraday basis. To yesterdays high, it was a 35 rally off that lower level so very sink niehaus in that way. I also point out that right around here, 3005, people are talking about how its gained more than 60 of the overall point losses that has some significance its kind of a may period. Seasonals get weaker and yesterday was kind of a big headlin
Lebanon as a currency crash pushes the economy to the brink. President taking. Place in the philippines are accused of abusing human rights as they enforce strict coronavirus measures. Full of stories to come but were going to start with lebanon where violence has escalated during a 2nd night of protests in the Northern City of tripoli demonstrators set fire to a bank and hold rocks at Security Forces who responded with tear gas and rubber bullets the protests are bernie growing as the crisis hit economy crumbles further because of the corona Virus Outbreak monday one protester was killed during the riots has more for us from tripoli. Hunger and hopelessness are driving lebanese to the streets the economy is close to collapsing protesters vent their anger at banks for preventing people from accessing their savings and a long serving political elite is being blamed for mismanagement and corruption in recent days the local currency has sharply devalued against the dollar there were casua
And markets are back in the red as the number of cases of the coronavirus eclipsed 200000 this is the one business show you cant afford to miss in washington coming up markets are back in freefall despite proposed stimulus measures so where do we go from here we bring you expert analysis and the outlook for stocks moving forward and drop in travel the Aviation Industry has been slammed and now some manufacturers are asking for a bailout well break down the harsh beating the sector has taken we have a back pack show today so lets go dive right in. The u. S. Markets have taken a nosedive again wednesday as the Circuit Breaker was again triggered in the afternoon causing a 15 minute halt in trading on wednesday alone pointed to its lowest level in 18 years and theres a lot to get to here theres so much news so lets go ahead and bring in 2 bucks cohost christine who joins us from Los Angeles Kristie to break down this wild day on wall street. Certainly its like a rinse and repeat of earlie
Growing. In the u. S. Being too slow to react to the spread of. The question of Health Care Dominates the 1st one on one debate. President ial contests. Pm in sydney and 9 in the morning here in moscow this monday march the 16th welcome to our international. With scientists around the world racing to find ways of combating cove it 19 reports have claimed that the trumpet ministration offered a German Company quote large sums of money for exclusive access to any vaccine it develops germany officials have said however that any such deal is off the table the countrys ministers are sent to discuss the development in talks this monday roccos the of takes a look now at the alleged efforts the cash in on the crisis. In the land of the blind the one eyed man is king similarly in the land of the infected the man with the vaccine becomes a god the tipping in based company is recession at Corona Maxine and the High Pressure the government wants to secure the rights to it exclusively the German Go
Investors of a recovery the us n. P. R. And our off by more than 6 percent amid an unprecedented volatility with the s. And p. Triggering another 15 minute halt at 1 pm the indexes have swung more than 4 percent in either direction for 7 consecutive sessions now there tuesdays close topping the previous record set in 1929 now this volatility is destructive towards the integrity and confidence of the market and the dow is now trading at below the levels of one President Trump took office in 2017 corporates are now still in clear signs of stress as Companies Like fed ex General Mills and airline slash profit outlook for 2020 secretary menuhin warned that Unemployment Rate could hit a depression era of 20 percent in the absence of Government Intervention the sell off in equities is broad based indiscriminate of traditional safety sectors however there are a few bright spots on the heat map today walmart c. V. S. And walgreens are up citing bulk buying of Consumer Staples and pharmacy prod