Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want to hear it is a cure. You want to hear it is something that is part of a cocktail of things that you need to be
Nest nestle im morgan brennan. That news on boeing is shaving about 100 points off the dow concerns about the china coronavirus are frustrating emerging markets Software Stocks did help the nasdaq hit an intraday all time high earlier joining us for the hour is steve weiss. Great to have you. We certainly have seen major averages take a leg lower between this first confirmed case of the coronavirus here in the u. S. And then this news from boeing pushing out its forecast for return to service to the summer you still invested in boeing so i said on the halftime report, i think thursday, i told just about a tag into my position that morning then the news hit later in the day. Now we get a statement i was looking at it this morning. You hate to be reminded youre losing money i figure if the stock, when the max goes back stock maybe misses on the first 10 but i wont have to deal with that and losing capital heres the statement from the company. Ill read the first few words. As we have emph