Is a warning to the entire industry. More planes into a collapsed market. Shery lets get started with a quick check of how markets ended in the u. S. U. S. Futures right now seeing some downside, down 2 10 of 1 at the moment. This after u. S. Stocks closed at a six week high. We have financials leading the gains. Surprisingly good earnings reports coming from Deutsche Bank which is helping sentiment. We have more positive sentiment and perhaps some expectation there could be more stimulus aasures given that we have trio of Major Central Bank decisions this week. 25 s p 500 up more than from its march lows. When it comes to the nasdaq, also gaining ground, about more than 1 for the regular session. Take a look at what oil is doing because we are seeing some upside for wti which is gaining about 1 . Backafter oil plunged below 12 a barrel. We are now seeing it just nearing 32 a barrel. We did get u. S. Drilling cuts but at the same time come we have the biggest oil etf in the u. S. , say
Year high as the coronavirus layoffs start to show u. And Oil Rebounding crude on track for its biggest oneday gain ever. Absolutely. Its up 26 though still down 17 for the week as a whole. The dow was up 500 points. Now only up 235. Lets focus in on the key stories were watching mike is tracking todays Market Action e meg is covering new developments from the Pharma Industry and kayla has the latest on proposed bailout, but mike, lets kick things off with you. Thanks. Obviously seeing a general pause in the intense selling weve seen perhaps had a wave of that liquidation pass us by and the big old Growth Stocks are leading the way. That hasnt changed through this whole sell off especially sed soed if you look at a one yore chart starting with the nasdaq, 100 the leader, s p 500. The equal weighted verse then the small cap russell 2000 you see that distinct tearing on a oneyear bases in terms of what has worked better if you just focus in on the last month, by the way, one month ago to
Sectors in the region and everything is up with everything, gold and energy on the back of the pullback, not just oil but gold prices. Up 1 across the region. Tech up 2 . I hope you went long this morning. It sets us up quite nicely. Ended. Over and the nifty futures are up to we regained a 12,000 level. We have set the basis pointed out earlier from him by which we will get back to when we get this market up and running. You are seeing strength in the currency. We will get you the open in the rupee. All things equal, very good session for risk affects this thursday. Su keenan is up. Su we start with the latest Economic Data out of china, consumer inflation studied in inember steadied december. The price index rose 4. 5 last month, smaller following a similar gain from november. The Producer Price stabilized. Novembers than decline. Survey shows Global Growth will pick up modestly between this year and next. This despite the easing of trade tensions. Will be marginal acceleration, give
The video and says nowhere in gaza is safe and its 8 operation is collapsing. Theres no light up in israels foaming of gauze and civilian areas have been hit overnight and more than 7300. 00 palestinians have been killed at least for palestinians have been killed in the occupied west bank raids. 5, he has really Army Thousands in ramallah, oman, and jordan take to the streets in support of palestinians in gusts of a rush of rockets. This fired from gaza into tel aviv one of them hitting a residential building. Most of them were interested by israels line. Dont the so its now 13 gmc, thats for pm and gaza, where the humanitarian situation for palestinians continues to get worse. Almost half of the hospitals have been forced to close. Unable to attend to the hundreds of people wounded during overnight is really airstrikes. Theres been more bombing in civilian areas and the United Nations has warned nowhere and goes a safe. It also says civil order has collapsed. Foreign ministers of 9 ar
This is worse between israelis and palestinians, and at any point on which i worked on this issue, including during the 2nd intifada, b i. C, cs announcement comes at a time when as well as human rights record is on the minute scrutiny. With investigations by major Media Outlets into violence by jewish settlers, kind of a palestinian state ever a much from so much conflict on page. Dennis ross, welcome to complex zone. Basically with you. Lets start with the announcement from the chief prosecutor at the International Criminal court. Arrest warrants have never been sold before for his reading. Any doesnt as a storm of protest, not only from those names, but from across all political factions in israel. What if i do think that this will have on israels conduct of the more if the warrants are approved by pre trial judges . I dont think it will have a positive effect. I think it creates in the minds of most as rarely is across the political spectrum. That a moral equivalence is being estab