Flights across the country from body butter to hand sant tieser fighting the medical supply shortage good morning and welcome im Courtney Reagan from nasdaq ma market site. Kicking off with breaking news as stocks are set to surge at the open this does come after the Federal Reserve developed new tools to help stave off an almost certain u. S. Recession dow indicated higher by 865 points, s p by 99 and nasdaq by 320. The virtual qe program, the fed buying more Mortgage Backed securities but say can it with purchase Corporate Bond and Corporate Bond etfs that track the corporate debt market that means buying etfs like the iboxx or van guard the i shares lqe is marginal higher but the vanguard is down. Yesterday, ultimately another rocky day with the dow closing at its lowest level since november 9, 2016 it remains on pace for its worst month since 1931 green arrows across the screen in asia overnight. We have global Team Coverage matt taylor is in singapore, karen tso is in london thank
Of an allout trade war. The feds hone in on capitol hill amazon under fire for laying off the organizer of the walkout in new york city. He was a guest on this show yesterday morning. It is tuesday, march 31, 2020. You are watching cnbc. Good morning and welcome im dominic chu. Your mystery chart of the day, of the quarter the one dow stock set to actually end this First Quarter in positive territory in the green. Well reveal that one name to watch coming up. First, we begin with a wild three months of the markets on this final day of the trading ahead of the open. Take a look at the dow you can see here year to date down 22 on track since the First Quarter when it fell 25 down more than 18 on track for its First Quarter since 2008 when it fell 22 so the s p taking the cake as well. Crude is down more than 60 on pace for the worst month and quarterly performance ever higher today on russia news there that they will work to steady the markets. Stock futures coming looking to add to the
Covid19 virus it is monday, april 6, 2020. You are watching cnbc. Good morning welcome to the show. Im dominic chu live at cnbc headquarters dow futures pointing toward a surge at the opening bell. If all things hold true, we could see an 838point gain for the Dow Jones Industrial average, 101point gain for the s p 500 and 320point gain for the nasdaq a big surge after down moves last week. Also keeping an eye on the bond market as well we are seeing some movement there in terms of yields on benchmark u. S. Treasury bonds and notes. Twoyear, 26 basis points or 0. 26 . A tick higher there. Tenyear benchmark treasury yields a hair over 65 basis points, or 0. 65 you can see sell off of government bonds, those yields rising crude also moving at least to the downside right now wti, 26. 60 after logging its best week in history well have much more on that trade in a moment. We have Team Coverage from around the world to kick off your monday morning. Julianna tatelbaum is standing by in our l
So much for social distancing. You are watching cnbc. Good morning and welcome we are live and waking up to another day of potential losses for major averages stock futures now pointing to modest declines from a relative perspective. The dow jones opened down 244 points, nasdaq down implied 77 points that is much more than normal. This after the wall Street Market staged a rally yesterday for the dow. Major averages on pace for the third down week of the last four checking the treasury side of things, we are seeing movement for the bond and notes higher to. 227 10year at. 61 . Oil on a wild ride it had been lower Early Morning but ralied after news after a meeting on monday by Conference Call to discuss cuts President Trump meets with Top Energy Executives at the white house today. Full details on that summit at the white house coming up. Global Team Coverage dan murphy is in singapore Geoff Cutmore is in london, nbcs tracie potts with the latest out of washington and Frank Holland wit
Washington cut the number of visas for Chinese State media in the us. And with the sports the olympic flame head to tokyo but this is the same to see officials one of whom says its insensitive and irresponsible to hold the games. Welcome to the news hour restrictions are becoming more severe across the globe as more and more countries ramp up efforts to contain the corona virus pandemic now the number of confirmed cases now exceeds 200000 worldwide and thats according to a tally by Johns Hopkins university in the u. S. More than 8000 people have died from the virus the number fatalities in china italy iran spain and france are amongst the higher. With the latest jump in italy and spain the overall death toll across europe are suppose trying to soothe a province where the virus originated the World Health Organization says the continent has replaced today as the epicenter 5 days ago well strict lock downs are now in place across much of europe and the effect is very clear take a look at