For only 15 minutes. Since then stocks have moved sharply lower. The g7 proposed policies, but the tenyear breaking below 1 for the first time ever. Darius adamczyk will join us in a bit. We have Rick Santelli here, Steve Liesman is covering the emergency fed cut. And meg tirrell has the latest on the coronavirus outbreak. Ill be watching the fallout for the banks. Pete is joining us yesterday, today two very different days have you chanced what youve been doing have not. This is a classic buy the rumor sell the news type of trade. It was tell graphed friday and over the weekend were trading higher eventually. You still think we go long you do think the panic is overblown. I am in the life sciences. I know some of the things going on that are not well publicized, but theyre out there. Its moore pernicious, and now its on our shores, and thats the big concern. It is a virus that i do believe that at the end of this quarter, a few months, well be seeing the light at the end of the tunnel
Space, facebook, the stock jumping after the social Network Announce the a Payment Service operating across all platforms straight to kait rooney in San Francisco with the details hey, kate. The social network is stream lining the Payment Option was facebook pay think of it as a wallet on facebook, lets you send payments to friends and shop on whats app and instagram this is the latest sign of the tech giant push into payments. We saw a little bit of that with libra and the ambitions in cryptocurrency but whats app and Facebook Messenger have not seen huge adoption when it comes to the current payment methods. Analyst tell me this is way to get the apps working together seamlessly and the hope is theyll be more engaged. Facebook is partnering with paypal and stripe on the back end and still support credit cards and paypal checkout. Analyst tell me this could be a positive for paypal since its a partner in the announcement. And facebook pays seems to be more focused on ecommerce than pe
head scratcher number 2. late day reports about the takeover offer from the company that owns the new york stock exchange why in could be a game changer for you, the retail investor, bringing us to head scratcher number three the rally. stocks having the best day since august the nasdaq a new record close. what happened to all the fear and loathing around the coronavirus? we get answers to all three questions and much more of course all ahead but we have to begin with this speaking of threes, the magic number snap ford and disney, all on the move after reporting results as always of course we have full team coverage for you. standing by to break down the names and the reaction lets kick it off with the biggest of them all, disney. the question is did baby yoda and streaming rule the quarter julia boorstin in l.a. with more and great news her exclusive interview with bob ig are. julia, take it away. that s right, brian disney shares moving higher in after hours trading and b