Indication of yesterdays rally. Dow futures up 121 points. Thats half 1 , s p futures up 13 and nasdaq up 24. Dow on track for worst quarter since 1987, s p 500 having worst quarter since 2008. Speaker nancy pelosi looking for a phase 4 coronavirus package calling for Infrastructure Spending now and more money sent directly to americans. Major retailers furloughing staff as Stores Remain closed, macys, stores, the gap, cutting payroll impacts hundreds of workers. Unemployment rate could top 32 . Mornings with maria live right now. We want to check Global Market this is morning. Last day of the First Quarter in europe, green across the board. Dax index in germany higher by 200 points. World Health Organization says there are signs the coronavirus may be approaching a peak in europe. In asia meanwhile markets were mixed, take a look at the numbers on asian markets, best performer there korea up better than 2 although japan was down 1 . China says factory activity is growing, purchasing M
The number of deaths over the past few days has been dropping for the first time. What that might mean for the battle around the country as millions of americans begin a new week under lockdown. Infected. The u. S. Navy captain forced out for sounding the alarm about the outbreak on his ship, now himself diagnosed with the virus as top military and white house tussle over the firing, the commanders crew gives him a heros sendoff. The latest just ahead. Hospitalized. British Prime Minister Boris Johnsons condition worsens. Admitted to the hospital overnight 10 days after testing positive for the coronavirus. The queen delivers a rare televised address. If we remain united and resolute, we will overcome it. Her message just ahead. Those stories plus a historic diagnosis at the bronx zoo. A beloved tiger catches the virus. As many as six others might be exposed as the outbreak takes a surprising turn, today, april 6th, 2020. Announcer from nbc news, this is today with Savannah Guthrie and
This is 3 declines for each of these markets. Joe, it looked worse overnight well see what happens as we get a little closer to the opening bell youve been watching the treasury. It was lockdown. It was lockdown for quite some time. And it really was about i couldnt help but saying, this is the politicians fault. It was if they had done what they looked like they were going to do as of friday, i dont think it would have been like that but then again, we may have had the, all right, they passed it, were up and then that sells off. In this world, i dont know what to hope for anymore. This is how it works, though. Im going to read something in a second that im so excited about. I even got more excited about this than i did about the futures not being locked down is,000 points. Weet gel well get to that. It was 954 points or something. Yields have come down. The tenyear was down at 0. 829 . Again, that volatility is spreading not only through the stock market but treasuries. Its been amazi
Reported cases of coronavirus with at least 60 deaths. The u. S. Travel ban on europe now has been expanded and it includes the United Kingdom and ireland effective monday at midnight overnight france and spain were put on lockdown with some of the worlds most famous cities closed to business back here at home. Chaos overnight. Countrys busiest airports with passengers waiting for hours at customs after rushing home from Europe Walmart and publix and wiegmanns are cutting hours to give their employees to restock shelves. We will take your questions live to our doctor coming up. Wet gel you the answers you need to stay healthy. Sunday spotlight with business grind to go a halt in major indices across the country what happens to all of those employees looking at uncertain future our sundays closer harry smith on this moment in america and the hope that our collective social distancing might bring us together later in our sunday sitdown a human ray of light in an otherwise dark week. Emmy
Any precipitous policy, at least not at the present time. How much more shock can this market take before theres longterm effects on the economy . What do you think . Look, the market the markets had a shortrun correction, and i guess its 10 or 11 or something. Weve been through this many, many times before. And i dont think even though its frontpage story and nobody likes to see their asset values go down, i just dont think at this point its going to have much of an impact. I will qualify that, depends how long this lasts, how deep it goes, but i could cite a number of historical experiences. The one i remember the most, i was a cub scout way back when, and i remember the 1987 market crash and i remember president reagan going out and saying the economic v economy is fundamentally sound, and it actually grew by 3 or 4 in the next couple years after this crash. President trump said it in this room two nights ago, we just think the economy is sound, and therefore i just dont think this