Flags are lowered over Downing Street and borisjohnson describes captain sir tom as a National Inspiration, and a beacon of hope for the world. The uk variant of coronavirus has mutated again the Health Secretary says hes seen cases of concern in bristol and liverpool. Meanwhile, 80,000 people in england are tested to stop the spread of the Virus Variant from south africa. Scotland is to introduce Travel Quarantines for overseas arrivals and plans are put in place to open scottish schools later this month. Travel disruption in parts of the north of england and scotland as heavy snow brings chaos. Good afternoon. In the last hour, its been announced that captain sir tom moore has died. Captain tom, who was 100 years old, and had raised almost £33 million for the nhs, was taken to hospital earlier this week, with coronavirus. The army veteran, originally from keighley in West Yorkshire, came to prominence by walking 100 laps of his garden in bedfordshire, during the First National lockd
Areas. This is wednesday, march 18, 2020 and our special coverage of the coronavirus outbreak begins right now. Good morning and welcome im Morgan Brennan u. S. Stock futures at a down open the Dow Jones Industrial average is indicated to open down more than 1,000, the s p is down 120. If we were to open right now and the nasdaq down 386. Looking at the major etfs that are tracking remember, these are not subject to any of those limit down figures which paused dow etf is down nearly 6 in the premarket s p 500 is down almost 6 . The qqq is down almost 5 . This comes after an almost 1,000point rally yesterday. Recouping the losses with he saw on monday after the massive new stimulus in the face of the coronavirus outbreak and slowing u. S. Economy hopes around stimulus. Boosting bond yields we saw some big moves in the treasuries the 10year back above 1 at 1. 95 . We have seen a steepening of the curve. Check out moves of oil as well wti now at its lowest level since early 2016 trading a
I think it is sad, i do. She is a becoming a record breaking season. Great woman, she has never made a mistake, if you look, she has had a and temperatures may be up again flawless time. Do you think harry today but there will be gales across the country and heavy rain coming should come back and fix it. |j down from the north. All the details dont want to get into the whole right here on breakfast. Thing, but i find it, i have such its saturday 11 january. Respect for the queen, i dont think this should be happening to her. Our top story the Us State Department has rejected britains request for the extradition of the american after days of blaming mechanical woman charged in connection failure, iran has admitted that it with the death of the teenager, harry dunn, who was killed in a road unintentionally shot down the ukrainian plane that crashed accident in northamptonshire. Near tehran on wednesday morning. The state department described the request for Anne Sacoolas, the wife of an
Weve got record highs, dow surging. S p gaining. Nasdaq 1. 06 texas earnings forecast and yesterdays trade deal with china. At the same time individual companies are taking action to fight Climate Change in a way thats unprecedented these are issues that could hurt earnings per share yet the market doesnt seem to care. The market seems to like it. Its insane. For my entire life, especially the last 40 years, you have companies doing anything they could to make a profit and the government working to restrain them. It was the government that forced big business to care about clean air and clean water. Thank you richard nixon. We took it as a given companies would try to get away with anything they could to maximize profits for their bosses the shareholders this endless cost for growth, wall street didnt care at all it was amoral. And if you want to be a good investor, you ordered this stuff. But in eamon yumtal twist weve seen a shocking paradigm shift suddenly capitalism is trying to re
The markets are clearly telling us that the markets are not pricing in the worstcase scenario when it comes to iran, or at least Portfolio Managers not. Stoxx europe 600 gaining some 0. 6 . On bloomberg surveillance, we will be speaking to the president of euler hermes, Wilfried Verstraete. That discussion is up very shortly. Lets get straight to the blumberg first word news. In new york city, heres Viviana Hurtado. We begin with the first stage of the u. S. China trade deal, set to be signed next week. China says its top negotiator is visiting washington, d. C. It is the latest move towards a detente. Contradictory reports this morning are emerging about what caused the ukrainian boeing 737 to crash and iran. Initially blaming a technical issue, then an engine fire. Ukrainian embassy running out terrorism, but then it amended its statement to offer no comment on the cause. All those aboard the plane were killed in the crash. Hong kong preparing a bold plan to boost its economy, accord