On the stricter role of the border this weekend plus the Senate Working overtime on up to 2 trillion package ahead of mondays deadline for a final vote, florida senator marco rubio takes us up and we will break down the stimulus bill in u. S. History. Also today President Trump emergency war power to help, white house creating manufacturing advisor Peter Navarro is here to the response of coronavirus and impact on the economy. Also he has been studying the pandemic from a white house chief strategist steve bannon how the coronavirus is impacting the country and hospitals. Are they on the verge of breakdown . Plus hope for the future, innovation and science in america, the ceo of Johnson Johnson is here to discuss the vaccine and antiviral treatments of coronavirus. All that ahead. Maria now the latest on coronavirus today, there has been over 26000 cases in the u. S. More than 340 people are now dead. More than 311,000 cases and 13000 deaths worldwide. The state department has raised a
New expectations about how long the covid19 crisis may last given President Trumps comments yesterday along with anthony faucis. Well talk about that in a little bit take a look at treasury yields this morning lets show you where the tenyear note stands right about now. Youre looking at 0. 367. The story we probably tonight talk enough about these days, lets show you crude prices because they fell sharply overnight. Wti crude now trading at 20. 53 if that was the only story around, youd think that would have a huge impact on markets unto themselves. Meantime, an update on the outbreak cases confirmed in the u. S. Now topping 143,000, 2,500 deaths. New york is the epicenter right now with nearly 60,000 cases in the state. Another 13,000 cases in neighboring new jersey in new york city, construction is under way to build an Emergency Hospital this taking place inside central park right across the street from mt. Sinai workers from the organization samaritans purse has begun constructing
Whole story when it comes to exports and american jobs. Lets have a look at where european equities are now. You know the function gmm go. Stocks rising after falling for three consecutive weeks through the largest losing stretch since brexit last year. Sterling rising by 1 5 of 1 . Theresa may striking a deal with the dup. It is time to turn bearish on u. K. Government bonds. Bluebay Asset Management says so. Bluebayy manager of forecast 10 year yields will hide to the highest level in about 18 months amid Rising Inflationary pressures. He also says the u. K. Must wrap and instead go to fiscal easing. The forecast is 2 . Down to 1 today. Sincee not been at 2 december of 2015. German Business Confidence surging to a record high among signs the outlook for europes biggest economy is improving. Ifa Business Confidence ifo Business Confidence index. The economy rising at the fastest pace in five years. We have had a report of underlying expectations for a continued robust performance. Let
Embarrassing this country and throwing the election of donald trump. Lets make a deal. Vw shares get a boost after report that german automaker could be nearing a deal with the u. S. Justice department and shares of lufthansa over challenges to Earnings Growth. Good morning everybody. And welcome to the show. Very glad to be back and glad youre all with us for this hour. Still a new year for many of us. The stock share of 600 opening to slightly mix hadded this morning as you would have seen edging just a little bit lower despite the positive data from germany. A 2. 2 rise in the year to november. A 5. 6 rise in exports as well. That was quite a bit better than anticipated. In europe were still just moving a little bit lower. When it examines to some of the sectors and our main markets that trend is reflected in the markets. Autos bucking the trend. With regards to some of the auto sales figures looking quite perky. Basic resources higher and telecoms off by right around 1. 3 . Well be
Plunging. Silver is bearing the brunt of that down almost 3 now. Silver has plunged more than 20 in just the past three months and gold is at a 4 1 2 year low getting closer to the 1,000 level. How low prices might go, is it a buying opportunity . Tie is on assignment so simon hobs is my partner from the new york stock exchange. We set a new record on the Dow Jones Industrial average earlier and we saw new high for the dow utilities. Lets look at where we are trading at the moment. Visa is the top gainer in the dow up 92 points. We have seen the Energy Sector do well and the utilities on the Broader Market both in response to the huge moves that we have had in energy and oil in particular. Joining me more on the training action is bob pisani on the floor of the nyse. S p up 0. 5 . We did have a nice move up in the middle of the day off of our lows corresponding with reports of a disruption in a saudi pipeline. We are waiting for clarification on what happened there. Brent moved up. The