France and italy are positive. The dax in germany lower by a fraction of 1 . In asia, major markets are mixed at this hour among the headlines out of the region. Growth in Chinese Services sector slipping to a sixmonth low in july. The nonmanufacturing pmi showed new orders rose at the weakest rate in at least a year. Brian, the nikkei is down slightly but the rest of the major averages across asia are slightly higher. Kayla, thank you very much. Folks do think its a slow summer week. You better think again because another big round of earnings are coming your way. Among the Companies Set to post numbers this week, aig, disney, time warner, aol, fox, cbs, wendys and hundreds more. The wall street journal reporting overall revenue in s p 500 companies seat to rise 4. 3 from last years second quarter. And that, folks, marks the fastest growth since the Fourth Quarter of 2013. The article also notes other companies that have already reported their earnings. Twothirds have beat the sales t
Good day, everyone. President trump is trying to persuade millions of americans that are worried that the coronavirus will not be a longterm problem, but the dow taking another nose dive at the second straight volatile week, investors seeking a safe haven in bonds, but the benchmark tenine seeking beloud 1 . And in many ways hes worse than bernie. He has a lot of people. Hes not going to be running anything. Joining me now, cohost kristin welk. And jonathan la mere. And ashley parker, and chris wheeler, former senior white house aide to barack obama. Welcome all. Kristin welker, the president taking on the democrats, but the Democrats Campaign has clarified a lot with the departure they changed with what brings focusing on the midwest, and its a twoperson race, and its remarkable we saw those scheduled changes from Bernie Sanders, essentially saying hes going to focus on the midwest, the fact that he did so well in psychopsycho, and you are seeing President Trump really struggle to shi
Just after the markets opened. The selloff being attributed in part to news about the spread of the virus. The total number of cases in the United States, up to 556 and a growing number of schools and universities have cancelled classes while some businesses are urging people to work from home. New york state has surpassed Washington State with the most cases at 142, the official who oversees the regions airports, bridges and bus term analysis. In the last hour, a cruise ship docking in oakland, california, that ship includes 21 people who have tested positive for coronavirus. All of the passengers will be quarantined for 14 days at military bases. When it comes to the spread of the virus, nationwide, Health Experts and officials acknowledging this weekend that most americans will be impacted in one way or another. Well, we have an endimmic under way here in the United States. Were past the point of containment. Now were shifting into a mitigation phase, were helping communities unders
Declared himself a war time president , he was asked why he hadnt followed through on one of the steps that he announced yesterday. Enabled i guess is probably the best way to put it the defense production act but you didnt pull the trigger on it. No, because we hope were not going to need that. Youre getting calls from the democratic leadership to pull the trigger. Whats the rationale or not doing it . First of all, governors are supposed to be doing a lot of this work and they are doing a lot of this work. The federal government is not supposed to be out there buying vast amounts of items and shipping them. Were not a shipping clerk. Lincoln, roosevelt, not so much. Trump said today that he would back the states in their efforts to procure their own life saving equipment but added he would only pull the trigger, quote, if we need something. Its hard to imagine a more urgent need. The cdc suggesting Health Care Workers use bandanas or scarves as makeshift masks as a last resort. In th
End. Families hunkering down. This is the reality for the next three weeks. How bad will it get . Its been very frightening. This is a character test for all of us. This is an nbc news special report, the coronavirus pandemic. Good evening, everyone. Welcome tonight. A special look at what has suddenly forced its way to the tore fro forefront of all or our lives, the coronavirus pandemic. Over the next hour well bring you the latest updates and with the collaboration of facebook, well answer questions. What concerns you the most . Go to our Facebook Page to weigh in. Were all in new and uncharted territory. Just tonight governor gavin newsom after california issued a stay at home normal for the entire state. Well go to jo ling kent with more on that breaking development. Reporter lester, thats right. This is just been issued in the last hour and the whole idea of this stay at home order here in the state of california is to prevent and stem the spread of covid19 known as coronavirus. W