Romain, stocks rising and volatility dropping, so why now . Romaine the good thing, if you are looking for a Silver Lining here is we did not have huge price swings. We had up and down days with swings of 4 or more, something that has never happened since the great depression, so a day like today where we only lived half of a percentage point is considered to be a relief for investors. We saw volatility measures like the vix and volatility measures on other risk assets come down a little bit. They are still elevated on a historical basis, but by not having these swings it gives investors a chance to parse what the value of things really are, entryybe try to find an point. We saw sustained buying in the names that we used to see in the oldgrowth days. Some encouraging signs. Not a monster day. Not close to erasing the losses we have had, but a little bit encouraging today. Emily in the meantime, we are getting breaking news out of the fed, the fed saying they have seen an increase at th
Efforts to stem the bleeding. Quarantine, will people be flocking to netflix . Massachusetts becoming the latest u. S. State to declare a state of emergency along with new york, california, and more. Italy remains in a nationwide lockdown. U. S. Stocks rally on hopes the Trump Administration will institute stimulus measures. To get all the latest on where the market closed, we are joined by abigail doolittle. Better than yesterday. Abigail it was. Also a wild day. Day, the indexhe closed up about half a percent. When we dig into technology, the tech index had a monster rally. But that comes after yesterday. Yesterday, this index plunged. Since 2008. Y tons of uncertainty as to the true impact and fallout will be. Some relief perhaps around the idea that you have that potential stimulus. It is hard to know what will help when the problem is unknown. We just do not know the true extent of the impact. Psychologically, it helps. We take a look at some of the individual movers, apple up in
The Vice President is the governments point person. Plus, is jack dorseys job on the line . An activist investor with a sizable stake in twitter is pushing for changes. First, some ominous news in the u. S. More deaths here stateside. Despite that, the market is going green. Cindy . Es it look like it in sydney. Paul it going pretty well. Markets reacting on promises of support from Central Banks. A strong rally, higher by 3. 5 . Futures pointing higher, better than 1 as well. Alsoi futures and kospi stronger. The yen has weakened. The boj will do what it can to support markets. The aussie dollar still has a 65 handle. It is reserve bank of australia decision day and the consensus now is that the rba is likely to cut the cash rate to half of 1 . Lets take a closer look at what happened here. Stocks surging. Ending up over 4 with investors hoping that Central Banks will be coming to the rescue. For more, we are joined by Abigail Doolittle in new york. What is driving the optimism . Abig
Efforts to have Community Surveillance so they can figure out the extent of people who might indeed have had contact with it. Lastly, were told that her instructions for now are to stay at home and to isolate at home. Were live in mountain view. Im roz plater, nbc bay area news. Roz, thanks very much. The new bay area case comes after the first u. S. Death from the coronavirus. Health Officials Say the victim, a washington man in his 50s, had Underlying Health conditions. Tonight a state of emergency has been declared in washington state. The Trump Administration says theres no need to panic. The cdc has everything under control. The threat to americans of coronavirus remains low. If youre healthy, you will probably go through a process, and youll be fine. Doctors say most people who get coronavirus will recover, but people with Underlying Health conditions as well as Young Children and the elderly are at higher risk of dying from it. Experts say wash your hands frequently and stay awa
And retail and return. The making of making the return of a merchandise a more customerfriendly experience. Thats the return of friendly. Ell talk to the creo. Four potential competitors are demanding that Mark Zuckerberg be forced to give up control of facebook. In a lawsuit they accused facebook of anticompetitive behavior. They want the social network to sell its whats app and facebook asset. Facebook says the claims are without merit. We are joined by the colead council in the case. Great to have you. Thanks for having me. I wanted to break down some of this piecemeal. First, i wanted you to talk about Mark Zuckerberg and giving up control of facebook. Is this even possible . And why . Control incontestable over the company. His class of shares overpower the class a shares. He has Carte Blanche to do whatever he wants with that company. He has control over the board. When you look at the details of our lawsuit, the anticompetitive scheme was hatch and executed and at times executed