Covid19 virus it is monday, april 6, 2020. You are watching cnbc. Good morning welcome to the show. Im dominic chu live at cnbc headquarters dow futures pointing toward a surge at the opening bell. If all things hold true, we could see an 838point gain for the Dow Jones Industrial average, 101point gain for the s p 500 and 320point gain for the nasdaq a big surge after down moves last week. Also keeping an eye on the bond market as well we are seeing some movement there in terms of yields on benchmark u. S. Treasury bonds and notes. Twoyear, 26 basis points or 0. 26 . A tick higher there. Tenyear benchmark treasury yields a hair over 65 basis points, or 0. 65 you can see sell off of government bonds, those yields rising crude also moving at least to the downside right now wti, 26. 60 after logging its best week in history well have much more on that trade in a moment. We have Team Coverage from around the world to kick off your monday morning. Julianna tatelbaum is standing by in our l
The russell 2000 down 11 with the small caps since the watermark on july 31st. It has people wondering with the small caps and industrials down, is that a worse sign to come . Germany is in recession. China is slow there. Maybe we shouldnt be surprised. The fascinating thing is people are writing articles that we could be in the First Quarter of the slowdown. Not negative, but a slowdown. It would be one of the things where it happened gradually and all at once. The indicators are not saying that. Correct. We are hearing more and more people and it is depressing with the former fed guys, the smart ones we had on. Daniel. That narrows it down. Saying the biggest problem the fed has is they dont have a crystal ball. We know that. We need to remember that. If you are looking at three months or six months ago and making policy decisions, they will not be at that rate. I dont know what is better. Maybe some rules based regardless of what your gut is feeling. Sometimes that doesnt always wor
Warships to the royal navy . Were going to talk to john parker who has published on the matter today. Less than an hour to the european open. Lets take look at futures here. Slight gains in futures after the big drop that we saw yesterday and the cash trade of and is unchanged as the kak the dek as well. Keep your eye on commodity for the direction of the market. Its a big future coming through on the g. M. M. Greece coming off of its recent great run. The dollar inching today i dont think its going anywhere. I think its wasting starting to get their arm around. 1 . Euro is down. 210 of weve got austrian vote coming he referendum come coming up. We are watching spread widening across europe. That is definitely a future. We are seeing some of the more core countries. Weve got yields dropping. Belgium moving as well. Another big move in iron other very volatile right now. So well get his take on what has happened particularly on the coal market. Plenty to think about. Heres julian. The s
Complicated chemistry. Shares in actelion hit bottom of the stoxx 600 as a report suggests the swiss biotech firm is considering a deal with Johnson Johnson that would allow it to stay independent. No liftoff for lufthansa. Shares sinking lower after the german airliner faces a setback in the courts in its bid to block yet another pilots walkout. You just saw steve there. Well be crossing straight out to him now. Opecs Technical Team is said to have failed to agree to details of an oil output deal. Those reports are having a knockon effect on prices. Slightly lower. Not a huge reaction but pulling down a tad. Off shy by a percentage point. Steve people are saying the market is pricing in were not getting a deal this time. I would probably disagree with them, which is not a rare occurrence. I think the market is beautifully priced to go either way. Lets look at the recent history. Doha failure earlier this year, algiers, a degree of success in september. When the market didnt think ther
Cooling tradewinds, and the crystal blue caribbean sea. Nonstop flights are available from most major airports. More information for your vacation planning is available at aruba. Com. And now, bbc world news america. This is bbc world news america. Reporting from washington i am Laura Trevelyan. The bbc gets rare access to syrian cans with the Islamic State has been driven out. Rescued from boko haram, but not necessarily happy about it. Meet. Rian woman who we made a palestinian doctor who lost his daughters in an israeli airstrike. Laura welcome to our viewers on Public Television in america and around the globe. Talk severs and in geneva aimed at finding a solution to the crisis in syria. The government held elections, announced by opponents as a legitimate. The focus on the fight against the Islamic State remains. I have lost a number of towns and cities. Including an area that is the latest to be captured, it was a key supply route. The bbc has been sent this report. The rare plac