Even pharma is down. One thing you have pointed out is the volume and how it has picked up as we sold off today and extended yesterdays weakness as well. Yesterday volume had dried out and people were sitting and waiting. You are seeing a pickup in activities this week. What do you think that signals . Brent i will go back to my opening comments from the standpoint of people who are shortterm market participants, thinking of the next couple of weeks what is volatile given the reopening has started and we will get realtime feedback of how that goes. There will be spots where it will not go as well. If you have those setbacks in those areas, that would be a nearterm market detractor. We will find ways to deal with this. Treatment,ccine or these have become political statements, but i do think america will find a way. That is what capitalism and democracy does. It adapts to problems historically. We have this big blanket of the economy which was a thing we needed to do and now we are find
Much needed rest. Guy johnson helping out, and we are thrilled by that. Guy, it is so exceptional to see a leader ill and certainly within this crisis. Give us the mood among the government, among dominic raab and others, the emotion right now around 10 downing street. Guy clearly everybody is hoping that the Prime Minister gets well and soon. This could not come at a worse time for britain as the country continues to fight the outbreak of the virus. I drove past this morning, and it is very busy down there as the world waits for news over what is happening to the prime unitter, moved to the icu in st. Thomas to make sure he was close to a ventilator. Clearly his situation has deteriorated recently, significantly. We understand he is still conscious, news remains limited. We now have a government that is led by dominic raab. He is the secretary of state and the foreign secretary. The u. K. Has government by cabinet. He will need to maintain a consensus within that cabinet. I suspect th
But the leadership of mount sinai, new york presbyterian, new york confronts 599 deaths yesterday. Us thatis just telling spain actually showing increasing deaths moments ago. I think you are going to see a little bit of dispersion in the data daytoday. The u. K. Has had a couple of days when the death toll has come down, but i think there will be some degree of variance, particularly as it shifts its epicenter in terms of the regions it is affecting. In the u. K. , the epicenter is moving to birmingham. They are looking to get another hospital up. Which, we are may be going to see spikes and troughs when it comes to the data. The story of the data is dominating dominated by what is happening over the river where the Prime Minister is still conscious but receiving oxygen. Dominic raab, first secretary of state, and the foreign secretary taking over the role of Boris Johnson. He will have to maintain consensus in cabinet, a difficult time for the u. K. There is in creating increasing ch
Excellent meghan, a real pleasure listening to your thoughts today and we will have you back, of course, as soon as we try to get our gps with regard to the coronavirus and its Economic Impact in the marketplace. Thank you for joining us today Carl Quintanilla, back to you. Rick, see you in a little while. Good monday morning. Im Carl Quintanilla at post nine morgan brennanp with us from cnbc Global Headquarters, jon fortt from the floor of the nyse another eventful monday morning as im sure you know by now. We did trigger a Circuit Breaker at 2521, went down around 2400 and then since added about 100 s p points as we are at 2501 on the nose dow was near 25 and now 21. 2 interesting session, guys, as the day is far from over already jon, some headlines creeping out, this one just now, italy Lombardy Region posted the lowest number of new cases in the week, the kind of headline the bulls will want to see. Yes, indeed you know, i continue to watch the levels where we are jon, can you hea
Back on washington demands for enforcement. New details on the Alibaba Hong Kong ipo, offering shares at 188 hong kong apiece. In on lets check australian markets. We are seeing a slight gain for the asx 200, gaining 2 10 of 1 according to what i am seeing, pricing on the terminal right now, aussie shares set for second weekly advance, so a mixed picture. However, when the rest of asian central, stocks under pressure, kiwi stocks nudging higher, flipping up the board to check in on the kiwi dollar Holding Steady, not moving much as we hear from the rbnz governor this morning and he said despite a pickup in the economy, they are looking at pmi data hinting at that with growth returning in october, making for the highest reading this april. The kiwi dollar set for a weekly gain after the midweek surge and on a surprise hold right there. We have the yen Holding Steady after the biggest jump in a month right there. Lets get first word news with jessica summers. Jessica thanks, sophie. Fed