Bremmer, and Gabriela Santos the dow is down now almost 700 points again coronavirus fears sending the market plunging. The dow falls at one point more than 1,000 points at session lows all sectors going into correction territory which means 10 off their highs. Stocks are off to the worst level of the session after jay powell came out with a statement saying the fundamentals of the u. S. Economy remain strong and bond yields are plunging again sending Mortgage Rates to their lowest levels in eight years joining us for the hour, the final hour of trade is lindsey bell from allied invest. Also with us is senior markets commentator mike santoli as always to take you through the bell lindsey, what are you getting from some of your clients and what are you telling them . Our clients are retail clients. They are definitely concerned. So were telling them first and foremost, please do not panic. This is why you should have an investing plan in place. And always go back to that plan to reasses
since the second world war. hello and welcome to bbc news. the possibility of rishi sunak and borisjohnson meeting each other today is being talked about this evening as the race to become the new conservative leader and prime minister gathers pace. the bbc understands they were due to meet face to face at 3:30 this afternoon but that was delayed although my colleague laura kuenssberg says the meeting may still go ahead later. mr sunak is the first leadership contender to secure the public support of 100 tory mps that s the number needed to enter the race. but he s yet to announce publicly whether he will bid for the top job after losing to liz truss last month. meanwhile, borisjohnson has flown home from a caribbean holiday, as his supporters claim he now also has 100 mps backing him, although others have said this is hogwash. so far, penny mordaunt is the only contender to have officially launched a campaign. 0ur political correspondent damian grammaticas has mo
Celebrating the intersection between music and technology. Jeffrey brown takes us to a festival pushing the bounds of sound. Theres something to be said about all music being some translation of our language and our way of communicating. Its a language. This is a new language. Woodruff all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The lemelson foundation. Committed to improving lives through invention, in the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And
Celebrating the intersection between music and technology. Jeffrey brown takes us to a festival pushing the bounds of sound. Theres something to be said about all music being some translation of our language and our way of communicating. Its a language. This is a new language. Woodruff all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The lemelson foundation. Committed to improving lives through invention, in the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And
Equities are trading with 30 minutes left in the monday session. Stocks are rising for the first day after rising for the first week in five. The red cars are your currency falling against the dollar. Janet yesterday will testify in front of congress. Carillion is a big decline here in the u. K. Shares fell as 41 . Thats the lowest since 2003. Profit will be lower than expected. Dividend payments will be suspended. The chief. Down. Will step down. They have major contracts and the company will undertake a comprehensive review of the business and the structure. This will boost the stock rice. Investors had also been skeptical about the stock because before today it was off 19 already. It was the shortest stock in the u. K. According to ihs markets. They are 41 lower, a record decline at the open today. Lets get to gold. That was the biggest production since 2015. Etp and Precious Metals will cap flows. They saw more investor money and total assets. Gold shares are the top etfs. They fel