Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op
Should be thinking about right now. Wild swings in the market as coronavirus spreads across the u. S. , but is the virus the only factor. Falling stock prices have lifted dividend yield, some companies are often more than 5 , weve got the nays, and which companies are more attractive after the selloff. On the barrons roundtable tonight been levinson, jack how, we opened last week with three forces moving the market coronavirus, fed, politics. By midday friday look like coronavirus was the only thing standing, then a new force into the picture. So lets get this out of the way, politics is a sideshow here. What we have is a heavyweight battle between two forces. Have a coronavirus which is threatening to make the u. S. Economy grind to a halt. And you have the fed which is trying to make sure people can still get access to money. That they are not going to run other cash they need to keep their business going so the market was out riding with biden when the started customer. And jack how
Spending in france and switzerland neglect any of if january and twos, threes and fiveyears are measured in basis points the dow plummeting 3200 points in the week the worse since the crisis yesterday experienced the biggest oneday point drop ever, 1,109 points as we approach the end of the red february for stocks the dow is the weakest of the three major indices, down almost 9 monthtodate. Goldman again this morning, jim is saying they dont think this is over and that buying the dip is in their words riskier this time theres no doubt about it s theres a part of of the s p and its good to look at individual stocks here that are not buyable and if anything its involved with travel and leisure, autos, housing, because house something sl housing is slowing down and i dont thinkfed cut rates it would matter we do need to talk about something at the cooperman, and ive always talked about which is the algos are in charge i noticed this morning at 3 00, what am i doing up at 3 00 the bond Int
A 1. 07 handle. On the stoxx 600 we are up 0. 7 , near session highs. Vonnie china now makes moves to stimulate the economy, including possible bailouts for hardhit industries. Continuing to shape our schedule and we are seeing strong demand. I do think we will have to take some additional provisions. Demand is holding up. We are shipping all of our product. Prices have held up. We will see reduction from next week onward in china we will see production from next week onward in china. We are diversifying source of supply, supply chains. Asia is a growing market. We are not abandoning it. Vonnie for details now, lets get to rishaad salamat, coanchor of Bloomberg Markets asia. People have been lost here. Is a human tragedy, but it has got corporate victims as well. Hna g last few minutes, roup, which went throughout a spelling spree in the last decade, it looks like the coronavirus may be the tipping point. Moment, looking at purchasing this company and taking control of it, even though
Vice chairman and theyll share what to do with your money amid this massive selloff. Lets have a look at whats driving the action the major averages falling into correction territory as the global brought yaoutbreak grows Goldman Sachs is warning that u. S. Companies may generate no Earnings Growth in 2020 based on the elevated uncertainty from the virus and oil prices are plunging on the fears with crude dipping below 46 per barrel at the moment the s p is down 2. 9 , dow almost 800 points. Joining us today is cnbc contributor stephanie link and senior markets commentator mike santoli. Ste steph, youre always looking for the bright side, the growth and optimistic picture we were talking earlier, both of us were talking earlier that this feels like december 24th, 2018, when we got the big swish down and it was really hard to buy then its really hard to buy now. But i can understand where we were selling off we were coming off of a much higher level now than we were in 2018, but it does