Walk us through the day. Romaine two things. First, it started with all eyes on washington, waiting to get that almost 2 trillion stimulus package. Summoning some encouraging some some encouraging signals from leaders that this was being worked out. Then we could potentially get a vote today in the senate. Then, it would go to the house. We had the president about effectively reopening the economy by easterday in the u. S. , less than three weeks away. A lot of people took that as an encouraging sign that Economic Activity would at least start to normalize. We saw the s p rally big time. The dow jones had its best day going back to 1933. I know none of us are old enough to remember what was going on in 1933. On that date we had the big rally in the dow, that was just two days after we had that first fireside chat from fdr and he sort of put some optimism back into the economy about what the government was going to do. We are seeing sort of shades of that here where the market is sort o
10 year. Crude now below 30. And not emphasize enough how much pain that will be causing to producers. To get a sense of where we are in the market, if you switch of the board, you can see some of the heavy hitters within the market, like apple and microsoft, down 10 , 11 . Also seeing bank of america off by 16 . The index which tracks the s p is down by almost 10 . Again, a world of hurt within the next two and half hours. We have some breaking news. The boe is pledging further prompt action when needed. No specifics on that, but they are pledging action as needed. We will bring you anything, any information as they come out. They said the dollar move to combat is there. This is governor bailey. Time now for global exchange, where we bring you todays market moving news from all around the world. From new york to washington, brussels and beijing come our bloomberg voices are on the ground with all of this mornings top stories. The Federal Reserve swept into action yesterday, cutting it
Microphones. Well have an update later on in the newscast. The World Health Organization has called a pandemic. Officials say it underscores the seriousness of coronavirus and that countries need to step up the fight even more. Bringing you back locally, the grand princess cruise ship is still offloading passengers for a Third Straight day at the port of oakland and there are still hundreds of people onboard. Some are getting very anxious and very angry. San francisco has banned large gatherings of more than a thousand people. That means the Golden State Warriors will play tomorrow nights game at chase center without any fans inside. Unser hasan is live with the latest. Reporter when San Francisco first made the recommendation to ban all large gatherings, it was voluntary. Now it is mandatory. That includes all events here at the chase center. Post malone was scheduled next week. The weekend after, springfest. Also it includes the warriors games. So basically the conversation was reall
Elected office an american can attain. Inwas born in this house texas in 1890. Rearedabilene, kansas, in this white frame building. His boyhood room is today much as he left it. Dwights High School Memories could be those of 100 million other americans. After hisin abilene graduation in 1909, he took a job as night foreman, fire stroker, and handyman in the bell springs creamery, still standing, where his father worked. Paulding ice was one of the heavy chores that kept dwight busy as he waited for his appointment to the United States military academy at west point. At the academy, cadet eisenhower drilled in the quadrangle, worshiped at the chapel, and pledged his attention to duty, service to country in the service of the school. At the inauguration of president 1913,w wilson in eisenhower marched proudly with his fellow cadets in the inaugural parade. Up with thee lined military Academy Football team, but he injured a knee and cadet eisenhower saw his football career come to an end.
File. As you may know by now, trump lost his entire legal team over the weekend. He has since named two new lawyers just last night. They are david schoen and bruce caster, hes represented mobsters and longtime adviser roger stone. Earlier tonight he previewed his Trial Argument on fox news. Besides the fact that this process is completely unconstitutional and this is a very, very dangerous road to take with respect to the first amendment, putting at risk any passionate political speaker, which is really against everything we believe in in this country, foundation of the first amendment. But im going to tell you, its the most illadvised legislative action ive seen in my lifetime. It is tearing the country apart at a time when we dont need anything like that. I think President Biden missed a great opportunity to be a statesman and to demand that this thing be called off, frankly. This is the political weaponization of the impeachment process. Meanwhile, the Biden White House is ramping