The United States hasek ploded now exploded more than 180 thousands cases, more than half in new york city. In new york state. And new jersey. In total the coronavirus is now killed more than 3600 americans. President trump and his administration continue their whole of government approach. That now includes already extending social distancing guidelines through articl april. And signing a 2 trillion dollar rescue package for americans hard hit by the virus. Were expected to be hit harder. President s actions earning him highest Approval Ratings of his presidency, despite the years long effort of radical dimms, left wing, National Media and rinos conspiring to over throw the president , politico today, ran this headline how coronavirus blew up the plan to take downtow down donald tru. Two reports shedding new light on the effects and transmission of coronavirus, one study by yale medical professor, minds the virus remains contagious in a patients body up to 8 days after the symptoms su
Virus than in china. And india launches a search for a suspected corona virus cases after thousands attended a religious gathering potentially exposing them to the virus. A lot done in senegal but with limited access to clean water there are fears about how far infections could spread. Hello the coronavirus pandemic is continuing to spread across the globe with countries taking drastic measures to curb transmission and save lives both france and spain have recorded their highest death tolls in a single day since the outbreak began and the official u. S. Death toll of nearly 3 and a half 1000 now exceeds china its the 3rd highest global globally after italy and spain and the World Health Organization says the epidemic is far from over in the asia pacific urging countries there to prepare for a Large Scale Community transmissions a minutes silence has been held across italy to remember its nearly 12 and a half 1000 victims of the pandemic the country remains the hardest hit in the world
Present some sort of model for the future course the coronavirus is expected to take. 180,000, overr 3000 people have died. I want to bring in our whatd you miss . Cohost romaine bostick. The s p had been rallying. What is the reason for the downward move today . Is it simply that there are no more places to hide . Romaine if you look at the higher,hat had moved defensive stocks, a lot of crowding. The worst quarter for the dow jones since 1987, the worst for the s p since 2008. Same thing for the nasdaq composite. The nasdaq 100 held up a little bit better. We are down about 14 on the nasdaq 100 for the quarter that just ended today, about 6 other than the s p and about 9 better than the dow. Over the course of the quarter, you had names like netflix and tesla rally more than 20 . Some of those large cap Genetic Sciences companies, those moving higher as well as gilead sciences. The in mind, a big reason nasdaq was down, we talk about this being a tech index but it has nontech names i
Recount in that fight for a p g board seat and cisco shares up 6 premarket on an earningsdriven recovery walmart, though, is up sharply in the premarket the dow component reporting better than expected earnings, revenue, and comps, which were the best in eight years. Online sales up 50 . Walmart issued some upbeat guidance for the full year jim, you just said to joe, that Doug Mcmillen may have reinvented this company for real hes done a great job in bringing in mark rory of jersey fame hes done a lot of tech stuff for jet. Com. Smart. I think this was the quarter where you realize, were playing for keeps. We can actually make a lot of money, cutting prices, bringing people in, well, whos that . Thats amazon. So we found our toetotoe now the stock was down yesterday, down about a buck and a half, off of target. That turned out to be a mistake. This company is taking share by the way, online 50 is rather remarkable this is a reinvention. And i think that people have to recognize, when w
London. These are the people that we are going to speak to shortly. Dalioversation with ray is coming up shortly from china. We will be talking to Standard Chartered chief finance officer after it they said that they want to give back to shareholders and focus on dividends. We were gaining a touch on the stoxx 600. At the moment is pretty much unchanged. A lot of the impetus on the stocks will be what we hear from from washington, d. C. The u. S. 10whether year yield will go above 3 . Now lets get straight to the bloomberg first word news. The European Union will tomorrow challenge theresa may when it publishes a dropped brexit treaty. According to a person familiar with the matter, the bloc is said to set out in legal detail how the terms of the transition period will go. U. S. White House Communications director is scheduled to be interviewed privately to date by the House Intelligence Committee, which is investigating russian interference in the 2016 election. According to house off