Cut this month thanks. We are seeing a big bounce back. All angles are covered for you bob pisani, Rick Santelli in chicago seeing new lows on the ten year yield, meg has the latest on the coronavirus and Steve Liesman on whether the fed will come to the markets rescue here we begin with stocks and bob with the latest here kelly, were just off the highs. The question is, why theres two essential reasons. Number one, we have extreme oversold conditions. Well explain that in a minute and number two, we have hope for fiscal stimulus and coordinated monetary stimulus and theres indications those are coming together as well there you got your rally take a look when we say extreme oversold conditions. It shows you mouch much the market momentum is moouing below 30, thats oversold. You very rarely see this its screaming buy in a traditional way to look at the markets. Another extreme indicator, you have nyse, the volatility index. We were at 49. Thats almost four standard deviations away. We
Buying on my side and 3 times with the sewing machine sewing i suppose was more apt procreates for girls than writing advice as knowledge i was a reach out to those women back home playgrounds buy them do things and social rules and inform them of oded basic rights my name is them out of the home and i work its easy to. Lose. Touch. Its the story that world to go away from Consumer Behavior to market movements the coronavirus continues to dominate the world of business the u. S. Government pledges to spend more than 8000000000. 00 to break meanwhile traders try to make sense of the feds decision to cut Interest Rates. Try getting your hands on face months or hung sanitizer in germany shelves are empty shops report comic buying. Some of the worlds most fairytale destinations are waking up to the reality of declining tourism from china. This is business im Kate Ferguson welcome officials in the u. S. Have agreed to spend more than 8000000000. 00 to fight the coronavirus a big portion of
Or console the times are in germany shelves are empty out the shops for the 4th time to buy. On time some of the worlds most fairytale destinations are waking up to the reality of declining tourism from china. This is state of the business im Kate Ferguson welcome the u. S. House of representatives has approved a plan to spend more than 8000000000. 00 on fighting the coronavirus a large portion of the funds will be spent on Vaccine Research a further 430000000. 00 will go on overseas aid meanwhile the International Monetary fund has pledged 50000000000. 00 for countries hit by the epidemic its managing director says the situation is serious. The impact and then we have more dyess in our use we are considering unfortunately we have moved in the territory of this more. We also know that we have a sound Financial System much more resilient than it was before the Global Financial crisis. And one industry thats really feeling the pinch at the moment is aviation earlier love tons honest it w
Pounce on the remarks an hour after he made them seems like a little bit of a leap here. It mixed into the selling sauce. The markets dont need to hear much to sell or trigger something. If they dont know what is happening on the fed front and certainly dont know what is happening on the virus front. As i often say they sell first ask questions later. Well see. Jackie deangelis on the new york stock exchange. With the dow down 265 points. An update. Jackie . Reporter were off session lows. It was interesting around 11 30 the market dropped the first 100 points. People were scratching their heads, asking if there were any headlines crossing the tape, what was causing this and there wasnt a clear explanation. When the second 100 point drop came, one gentleman said there were rumors floating around, chatter, that the markets were too complacent when it came to the coronavirus. There were concerns china is not forthright with all the information. Maybe the numbers are not accurate. Maybe t
Dollar exit package. Ford cant get its china strategy just right. With you one billionaire turned space cowboy could be looking for love in all the wrong places Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu in for Brian Sullivan here is how stock futures are looking to kick off the trading week what a week it will be as earnings week kicks off in earnest tomorrow well see the dow open up by 112 points the s p up by 11 the nasdaq up by 42 points as well this week well hear from jpmorgan chase, wells fargo, citigroup, delta thats just a few of them in terms of earnings reports due out this week as the earning season starts off. According to data, they say Fourth Quarter earnings are expected to be down 0. 6 of 1 which would mark the second straight quarterly decline that has not happened since 20152016. Maybe an earnings recession. Thats what folks are looking for perhaps this time around treasury yields in focus we see a Little Movement in the