Note investors, of course, closely monitoring the condition of the president and also keeping a close eye on any progress and stimulus talks we are, as well. Not to mention there is fallout, as well, regarding covid shares of cina world tumbling. The second largest movie chain Regal Cinemas suspending operations at all locations, carl jim, the headline still crossing from meadows talking to fox earlier today saying the president is committed to getting an aid bill done wants to move expeditiously but also be fiscally responsible thats certainly where the markets focus is going to be o today. The fact that the president wants to give state aid, that matters. Speaker pelosi wants to do a deal some urgency coming to it. So, the talks this morning i bet will be productive and i think thats very exciting for the market does it matter to you if its piece meal a little bit for airlines or Something Else or do you still crave something comprehensive is. As long as theres something for states,
Im a soul man. Im a soul man. Im a soul man. Im a soul man. Got what i got lauren welcome to fbn a. M. Good morning. Happy friday the 13th. Im lauren simonetti. Cheryl good morning, im cheryl casone. We are looking at luckily a little bit of a snapback. Lauren everyone can breathe a sigh of relief. Look at the markets, dow is up 558 points, s p is up 69, nasdaq up 233. Just for perspective, the dow saw the biggest selloff yesterday since the crash of 1987 around th1987 and the nasde biggest selloff since the dotcom crash 20 years ago. Cheryl the nasdaq is up 217. We will take. Oil and gold, interesting story. Oil is still up, up almost 4 right now. Gold is actually down just slightly. Remember, gold has been that safety play. Lauren stocks in asia taking a cue from wall street. Cheryl plunging before recovering some of the earlier losses. Nikkei fell to the lowest level in more than three years. Lauren lets see the reaction in europe where stocks have opened a few hours ago and the fts
Mixed, kind of nothing actually. Isnt that funny. All minimal moves. Lets call it a complex more or less in europe flat at this point. 10year note yield, we had the big employment number on friday. Didnt really see that Much Movement though, did we . Its funny, i spent a lot of time talking about the bonds on friday on mad money, the old days what it would have been been like and it would have been selffulfilling and were we have a great economy so you know rates have to go up immediately. It did not occur and its a different pattern but weve seen for the past 30 years. Lets get to our road map this morning, well get back to the bond market in a bit breaking news in new york city, an explosion near the Port Authority bus terminal during the morning rush hour. There is one suspect now in custody. Plus, the bitcoin boom, the futures on their first day of trading, they are surging. And well also have an update on qualcomm and broadcom and importantly shots fired from elliott this morning
Welcome to countdown. A warm welcome to you. Its just gone 6 00 a. M. Tech. Ng news in partneringsoundcloud and we will speak to some of the key people in this deal. Lets get back to some breaking news. We are hearing back from the forecastaising their from ¥1. 7 trillion to 2 trillion yen. It means this would be a prophet record they are now forecasting. This is the highest profit they would have ever made if they do manage to deliver on the oflyear net income forecast 2 trillion yen. An upgrade to the fullyear income forecast. We have the first half 2014 net but theoming in headline, raising the fullyear benefitorecast possibly from the weakness in the japanese currency. N joins us from hong kong to put some of these numbers in respective. Better than expected results. The positive results coming out of toyota because of cost cuts, because of a weaker yen, because of price increases. Especially with bank of japan easing monetary policy. The yen has dropped to seven months a sevenyea
Country. Vice president pence announced the cdc will be revising its guidelines for schools after President Trump complained on twitter that those guidelines were very tough and expensive. Lets begin our coverage this hour with cnns erica hill with more on todays coronavirus developments. Los angeles county for example is now warning residents the coronavirus is surging to levels not seen there since the initial peak of the pandemic back in april. Update our viewers. Thats right. Hospitalizations as you said are at levels not seen since april. The Public Health director says that is because of community spread. Cases, infections, and hospitalization rates all on the rise. She says there has been a slight uptick in deaths as well and she fears there could be more death to come because as we know those numbers lag behind. These classrooms need students according to the administration. They must fully open and they must be fully operational. Reporter the American Academy of pediatrics say