Trade in the next year or two. We want to run through the closing numbers here. Looks like we will settle in around 2798 on s p 500. 100 right around 86. 64. It was a pretty broadbased rally. Chipotle,erest pinterest, waiting for more that could give us more guidance on what to expect with regards to the potential gain for equities. Scarlet we are waiting for earnings out of a Railroad Company, but at looking at trading volume, it is a broadbased event. It is interesting on the big updates, we are not getting the level of participation you might expect. There are people waiting if the bottom has put in here. There is a lot of momentum towards figuring out when the economy will reopen, how it will be open by the treasury secretary todd public he about the getting everything reopened by the end of the summer. I think sometime in august . Yeah. We should point now, we are getting news crossing the wire with regards to the covid19 cases in the u. S. They rose to 3. 1 , however, that is bel
Global coronavirus cases top 2 million. Germany is set to start loosening the lockdown for next week, and President Trump will unveil guidelines to reopen today. European futures turned positive despite historic declines in retail and factory gauges, sinking stocks on wall street. Attention turns to todays jobless claims. Plus, wti crude at an 18 year low amid a record collapse in the u. S. Fuel demand. Washington is considering paying drillers to leave oil in the ground. Just under an hour away from the start of cash trading. Nymex crude still under 20 a barrel, but rising today. We see futures doing the same, regardless of where you look. European futures are up half a percent. On dax a percent futures, quarter percent on ftse futures. Dow jones, s p, and nasdaq many contracts all showing a little bit just the slightest 10th of a percent of a game today. Anna . Anna lets talk about the breaking news from european corporates. The travel and leisure sector in focus when it comes to the
1000 globally. Inwidens along infections china. Weekis set for its best since 2011. Holds a oil minister crunch meeting with opec allies. Couldrtel warns it abandon cuts altogether if the country does not join in. We are live in vienna. Undergoes emergency heart surgery. The bank says he is recovering well. Under one hour away from the start of cash equity trading. Lets take a look at futures after the route we saw yesterday. Play ad catchup to play. Even u. S. Futures are falling after 3 drops yesterday. We still see red arrows almost almost for s p futures seven hours away from cash trading in new york. German factory orders are coming out, up over the estimates. Is aurse, that backwardslooking figure at a time when figures look so backwards they are of very little use. We have the Coronavirus Impact at the beginning of january, so the most recent look at factory orders is very different. Anna indeed. We are getting jobs data later. People are talking about how that can feel stale. W
The outbreak has risen to 130. And g20 finance ministers and central bankers brace for the economic fallout. Lets take a look at the markets. We had u. S. Markets closing. Eaker on friday we have new zealand trading at the moment. Its looking weaker at the moment by two thirds of 1 . Half income declining to 185. 8 million. The yen is gaining a little bit of strength against the greenback over the past 24 hours. But the u. S. Dollar is still looking pretty strong. The World Health Organization says no new countries reported of the coronavirus. We have yvonne man in hong kong covering this story for us. South korea was among the nations performing during the search. What is the focus . , it seems that the focus is to prevent a Global Pandemic outside of china. To six. H toll rising total cases topping 600. As you mentioned a 20 fold increase in five days and half of those cases seem to be tied to this religious group where had infected all patients in a Psychiatric Hospital after attend
Nejra che risch nejra cehic in london. Futures turning negative. We are positive in the Asian Session but that could have been a technical bounce with the s p futures dropping below the 30 day rsi. Looks like we could see another day of losses. , down threeyield basis points. Two year yield a three year low. Lasthit that record low friday. Pricedh gloom is being and the Global Pandemic. The yen has been strengthening for days. Losses below 50 a barrel. Bob iger is stepping aside in a surprise shakeup. The as executive chairman through 2021. He takes over the immediately. Chapin we have someone we know very well. The thing ive really taken away from bob igers legacy is get the content right and Everything Else follows. Senator Bernie Sanders felt the burden of his frontrunner status of the latest democratic debate. All six rivals delivering attacks. Their aim, stalling his momentum. Another focus of attacks, Michael Bloomberg. This after spending more than 500 million on advertising. Mr