Loans, slash grants, becoming available right now, to the tune of close to 35, 40 billion thus farce. Conservative estimates. Maybe as high as 75 billion by the end of day. That is buoying the s p 500. The dow is 19 off its bear market low reached a little more than three weeks ago. A similar situation for the s p 500. Now, about 16 or so away from those lows. Whether that holds is anyones guess. But a lot amid talk as well well get more stimulus here or relief, whatever you want to call it. That it could rival the price of last and most recent relief package north of 2. 2 trillion, hard to say. Blake burman has been looking at all of that. Blake . Reporter hi, there, neil, hard to say indeed. Here is what i am seeing speaking to Senior Administration last night, there has not been sizable movement the last couple days next potential steps coming in terms of economic relief. I am told there are some ideas that they are kick around within the white house as of if that does happen, what
Familiar. Good morning. To fbn a. M. Good morning. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving this morning after markets jumped 5 yesterday after promises of stimulus from Steven Mnuchin and the president. We had been limit down overnight at one point. U. S. Futures are in theory going to be limit down again before we open today. Dow is down almost 4 , 821 in the premarket, s p is down 92 points, 3. 69 , nasdaq is down almost 4 andahalf percent. Lauren the 10 year treasury yield moved up 36 basis points yesterday, its up another 11 right now, 1. 192 because there is to much government supply at the moment. Cheryl were looking at oil, because we continue to see pressure in that market. Fears of a global recession, more and more analysts talking about that, that is putting pressure on oil once again, a 2 drop in crude, below 30 bucks, 26, 37. Gold, usually a safety play, its down about 2 . Lauren nervous investors tryin
The overnight developments right now on america this morning. Good wednesday morning. Thank you for joining us. The big headline this morning the coronavirus has now spread to every state in the country, at least 110 people have died. New york city is facing a surge in the number of cases. The mayor says a shelter in place order may be needed soon, but the governor of new york says thats not the answer. The conflicting information hospitals dont have nearly enough beds or ventilators to confront this crisis. Were learning about a government plan to send every american 1,000 check to keep the economy running. We begin our live coverage from washington. Alex, good morning. Reporter good morning to you. The president made a war analogy calling covid19, the invisible enemy. His administration is laying out drastic plans to help curb its damage to the economy. This as their new questions about unemployment. President trump is urging congress to inject up to 1 trillion into the economy to fi
Battered and bruised the entire u. S. Economy affectedsttion considering a 1 trillion rescue plan, including possible Cash Payments to all americans. This is not an ordinary situation, so it requires extraordinary measures. Just ahead how soon could help be on the way. And clean sweep. Joe biden takes a nearly insurmountable lead as voters head to the polls in three states as the nation faces a health crisis, the growing pressure to end the democratic primary. Today wednesday, march 18th, 2020 announcer from nbc news, this is a special edition of today the coronavirus pandemic with Savannah Guthrie and hoda kotb. Hi, everybody welcome to today. Thank you for joining us on wednesday morning. Things look a little different i feel a little lonely here. Im missing my partner in crime. Im usually 6 feet away here miss guthrie, where are you . Now were really socially distancing, arent we . Its unusual. Im at home. Im in my basement right now here is whats happening i wasnt feeling my best a
The president pro tempore the senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Eternal father, answer us speedily. When we dont know which way to turn, guide us with your light. When we cannot see the way. Do not hide your face from our lawmakers, as they seek to do your will. For in the time of trouble, you continue to hide us in your pavilion. Lord, teach our senators how to live in a way that will honor you. We magnify your name for the way you have preserved our nation through the seasons of its existence. You have made us glad, for you are our light and salvation. We pray in your glorious name. Amen. The president pro tempore please join me in the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley mr. President . The presiding officer the senator from i