Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it is mrna pfizer is working on the mrna technique as well. I
That gives you a better indication of where trading would be if we were to open here look at the treasury market. Weve been watching that closely too joe did anyone else see 5. 7 and say, oh, it is not nine . I had the same reaction i saw the etfs, i actually thought, occasion. 5. 6 or 5. 7, which is just crazy. We keep trying to figure out where is the bottom. Look at the 10year note yield of 1. 15 a week ago, you were looking at below. 7 . The moves we have seen have been pretty phenomenal. The government is stepping up its efforts to pass a massive stimulus many are betting on whether it will be big enough the Federal Reserve is pulling out its own tools. We have huge Team Coverage of these major stories. Getting over to eamon. Starting with you in washington. Good morning. It was just 24 hours ago we were talking about the idea that american politics has really changed. Every 24hour news cycle, it is different. And now embracing the idea of sending 1,000 checks to just about every
For its purposes and rely on supervisory and regulatory tools, you know, to keep the Financial System resilient so youre not doing something today to help today and then its going to cause problems down the road . Youre not worry about that kind of dynamic theres very few things i dont worry about at all of course we monitor we have every quarter an extensive briefs on financial stable we have that yesterday we look at this on an ongoing basis. We have a great team we liase around the world. Were very much monitoring these things all the time, and we worry about them all the time. Were looking for the thing that we may have missed a lot of the time the things we havent missed, they paint a mixed picture, but not one to prevent us from taking Monetary Policy actions that we think are appropriate to support the economy. Reporter youve talked in this press conference about being data dependent Going Forward and this is not the start of a series of rate cuts, but the Financial Markets seem
Why am i smiling, author of upcoming persuasion, lee carter is here, new mom as well. You look amazing. What a day for you to be back, too, i cant wait for calm, rational analysis of the war of words. [laughter] dagen former investment banker and nfl player. Record run, futures are pointing to, take a look, at hope this morning, 16point loss on dow futures, the earning season fully underway, jpmorgan, chase and Goldman Sachs reporting ahead of opening bell while fargo released quarterly number this hour, john, what are you watching for and what are you expecting . I think we will see fairly recent reports, you will probably see Companies Beat expectations, stilet not forget that the consensus view of Equity Analyst is in the Second Quarter we will see roughly 3 drop, we are seeing the first back to back decline by corporate earnings since early 2016, nevertheless, i dont think the current slow do you know will match the severity of global slowdown we had in 2015, 2016, so the market sh
Home. A bears home range is a bears home. Welcome to the overnight news. Im vladimir duthiers. President trump returns to the white house after his historic fiveday trip of asia. He became the first sitting u. S. President to set foot inside north korea. The white house hopes it will jumpstart Nuclear Talks with kim jongun. But critics call the move nothing more than a photo op with a dictator. Weeja jang is travel with the president. Reporter the buildup was dramatic. President trump and north korean dictator kim jongun walked toward each other from opposite sides of the joint security area in the dmz. The demilitarized border zone that separates north and south korea. Then, a handshake before the president single footstep made him the first sitting u. S. President to enter north korea. We were in japan for the g20. We came over. I said, hey, im over here. I want to call up chairman kim. And we got to meet. And stepping across that line was a great honor. Reporter kim said it showed m