2nd, fbn am starts right now. Cheryl were feeling good welcome to fbn am good morning im cheryl casone. Lauren im Lauren Simonetti and we have green im free. Cheryl how your money is moving because it might be time to get back on the bull. Dow futures jumping more than 212 points right now. We were up over 500 points overis night despite a second death here in the u. S. From the coronavirus right right now dowp and now 17 nasdaq up 73 and a half right now all three indices trying to recover from worst week from the financial crisis. Lauren theres hope for coordinated Central Bank Action to mitigate Financial Impact and take a look at this pushing tenure treasury yield down to. and it did hit a record low of. 1. 3 earlier. Cheryl worries below 50 this week and look at oil below 50 but were excuse me still below 50 but gaining about 79 cents right now 4555 on oil interesting here gases prices are down and safety gold play still in play. Look at that gold is up 3 thats interesting. Lauren
Meaning less demand for oil. Meanwhile similar story in bond market, yield on 10year treasury below 4 tenths of a percent overnight. Now we are staying right under and it is down 28 basis points. Again, another indication of a recession at hand. The 30year following 1 for the first time in history. The 30year bond, the yield there at. 883 . Thats down 40 basis points this morning. Global markets reacting to all of this this morning in the stock market. Deep selloff in europe. The cac quarante down 335 points. That is 6 and a half percent and dax index in germany lower by 672. Overnight in asia across the board. Chinese experts tumbled in the month of january, more signs of trouble in japan as well. First quarter gdp lower in japan showing the economy contracted 7. 1 from the previous quarter. Thats a sharp contraction in japan. This on top of the Coronavirus Crisis, cases in the United States and abroad are growing. The white house looking into emergency measures. Overseas italy report
A criminal conspiracy to overturn the results of the 2020 president ial elections. In this state. The indictment brings Felony Charges againsthe in t donaldn john trump. It was so important we had to wait till midnight. Among the 19 included in theindi indictment is trumps former attorney, rudyctme giuliani,neyu and his former chief of staff, mark meadowsdy giuli. Trump is facing 13 counts in georgia now, bringing his Granis Facins Ind Total Loor number to 91. Criminal charges acrossr four indictments. Never in American History has there been one. They have now brought 90 plus p 191 against their most fearedpoi political opponent. The former president has Inen Chargedtil with the racketeering influenced and corrupt organizations aced d or rico, which is what prosecutors used to go after. You know t , gangsters and mob bosses. It carries with it a 20 year penalty. And we know the left will no t stop until they put him behind bars. Then the grand jury issued Arrest Warrants for those y i
remains under seal. trump says it is all political persecution. republican lawmakers say it is simple and wrong. the manhattan district attorney alvin bragg has had it out for trump all along. i said from day one this is a political stunt. what s behind all this? hatred. this is absolutely a political witch hunt through and through. this is the kind of witch hunt that can only serve to tell people in the future if it works, you should try to indict people to keep them from winning elections. you are talking about a misdemeanor that gets bootstrapped onto election law in a way i ve never seen. democrats know it has nothing to do with the laws. they are sending a message. harris: kevin mccarthy is vowing the house will hold alvin bragg and his unprecedented abuse of power accountable. and we have live pictures outside mar-a-lago, florida, where former president trump s sporters are gathering. that s his home in that town. national correspondent bryan llenas, how a
And so we see, even on the issue of israel, sitting members of Congress Like tlaib who cant bring themselves to condemn hamas. These are dangerous things. These are dangerous. Host the house is coming back into session to debate a resolution on israel right now. N which the yeas and nays are n ordered, or votes subjected to under clause 6 of rule 20. The house will postpone votes at a later time. For what purpose does the gentleman from texas seek recognition . Mr. Speaker, i move the house suspend the rules and pass House Resolution 771 in support of the state of israel. The speaker the clerk will report the title of the resolution. The clerk House Resolution 771, resolution standing with israel as it defends itself against the barbaric war launched by hamas and other terrorists. The speaker pursuant to the rule, mr. Mccaul and the gentleman from new york, mr. Meeks control 20 minutes. Mr. Mccaul i ask to extend the debate by 10 minutes and ask all members have five legislative days i