Scrambles to absorb the rate shock. Opec has failed, failed to reach a deal to cut production all of this as the coronavirus spreads globally we are now more than 100,000 confirmed cases worldwide with more than 200 cases right here, kelly, in the u. S. Thank you we have all angles of todays sell off covered bob pisani is watching squatock. Rick santelli is in chicago where yields continue to plunge. Steve liesman is monitoring the fed and economy and diana oleic is telling us what it means for the economy and eamon javers at the white house looking at possible government response, but lets begin with bob just barely negative for the week i know that sounds startling barely negative for the week overall. Important thing here the bottom was 2954 and we are below that bottom right now for the s p 500. Take a look at some of the laggards now microsoft down very weak today jpmorgan, the worst performer, down 7 overall. Nike also weak dow inc also down. Home depot is down for the day, but u
S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live for days like this, watching the dow and the impact of china spread across the globe. Bob pisani, anything with any china or Commodity Exposure is getting pummeled. Dow up 240 yesterday, down 240 now. Its a wasted week so far. Put them up, Materials Energy and industrials to the downside. Thats the big losers. Some of the obvious names and their impact from china. We always talk about casinos, wynn 70 of revenues in china, and yum brands 50 of its revenue in china down 5 . Those are the easy ones
When your opposition throws up a blockade, you can demolish it by force or chairmt the hell out of the way. Prince charming did just that. He welcomed a couple frogs into the kingdom. Pete welch and he high gentleman cummings for giddy when they left the white house. Hes good at buttering up selfimportant staff. Look at these before and after testimonials. Lindsey graham hasnt minced words about the president , but even hes evolved. Hes a jackass. I want to help President Trump as much as i can because hes got a mess on his hand. Kennedy ted cruz made his own metamorphosis. You are you are a snivelinge heidi the hell alone. He posted a picture of his daughters with the president calling him warm and gracious. The president has his hands full with all of these eager suitors he has been working freedomloving legislation towards. Kentucky senator rand paul admitted he and donald had been playing healthcare footy. Rand paul tweeted im sure my friend rand paul will come along. The kentucky
When your opposition throws up a blockade, you can demolish it by force or chairmt the hell out of the way. Prince charming did just that. He welcomed a couple frogs into the kingdom. Pete welch and he high gentleman cummings for giddy when they left the white house. Hes good at buttering up selfimportant staff. Look at these before and after testimonials. Lindsey graham hasnt minced words about the president , but even hes evolved. Hes a jackass. I want to help President Trump as much as i can because hes got a mess on his hand. Kennedy ted cruz made his own metamorphosis. You are you are a snivelinge heidi the hell alone. He posted a picture of his daughters with the president calling him warm and gracious. The president has his hands full with all of these eager suitors he has been working freedomloving legislation towards. Kentucky senator rand paul admitted he and donald had been playing healthcare footy. Rand paul tweeted im sure my friend rand paul will come along. The kentucky
When your opposition throws up a blockade, you can demolish it by force or chairmt the hell out of the way. Prince charming did just that. He welcomed a couple frogs into the kingdom. Pete welch and he high gentleman cummings for giddy when they left the white house. Hes good at buttering up selfimportant staff. Look at these before and after testimonials. Lindsey graham hasnt minced words about the president , but even hes evolved. Hes a jackass. I want to help President Trump as much as i can because hes got a mess on his hand. Kennedy ted cruz made his own metamorphosis. You are you are a snivelinge heidi the hell alone. He posted a picture of his daughters with the president calling him warm and gracious. The president has his hands full with all of these eager suitors he has been working freedomloving legislation towards. Kentucky senator rand paul admitted he and donald had been playing healthcare footy. Rand paul tweeted im sure my friend rand paul will come along. The kentucky