Group. All of the numbers as soon as they hit the tape this morning. Futures showing a mix bag as you can see, excuse me, we have that is arrows across the board. Nasdaq up 34 and a half, s p is up 11 this after yesterdays crazy lateday selloff. California announced lockdowns and when the announcement came through that really did hurt the market. The dow barely holding a gain. We will see if we can do better today. Well, jumping species. Animal to human virus contraction may become more common. How to protect yourself, plus, ford taking nostalgia route with newest suv back by popular demand. Mornings with maria is live right now. Coronavirus lockdowns in the United States and scaled back reopenings both impacting european markets. As you can see red across the board. Weve had improvement overnight with europe. As you can see the dax and the cac 40 down more than half percent. Not in asia, red across the board. Different story from yesterday morning. We have pressure on markets especial
Were not seeing that, but im looking at tech stocks we are seeing still dramatic moves, pintrest up about 10 shop fie up about five the market faded gains yesterday in the 10 00 hour bounced back by 11 00 and close we were about flat you never know which way that is going to go, right, morgan thats true, jon. We have averages up about 20 off the march 23rd lows. One of the questions being debated on wall street right now is are equities ahead of reality . The focus has been for investors for the market the curve of the virus. We are seeing some of the hopeful signs thats maybe flattening in the hot spots like new york, new jersey, some of the other areas that have been epicenters here in the u. S at some point in the coming days, hopefully based on the models well get past that projected peak and i think the question shifts to what does the medium and long term impact of covid19 look like on the economy and also what thats going to mean in terms of a rewriting on earnings, which were f
A lot of red on that board. These are modest moves. Market turmoil. Someone tweeted me that. Futures arent up a half percentage point pull out the market turmoil boards several headlines out of beijing overnight. Chinas exports rose imports are higher than expected chinas trade delegation arrived. We are learning more about the purchased targets that china would agree to at the phase one trade deal signing telling us china will commit to increase purchases from 32 billion over two years china will also pledge to buy an additional 80 billion 53 billion in Energy Supplies and 35 billion of u. S. Services over a twoyear period but will only only cost them half as much they are no longer a currency. You missed the other piece of information. They are allowed to no longer a currency manipulator. They arent going to do that was there a quid pro quo there has to be not a coincidence. Treasury secretary Steven Mnuchin said yesterday, china has made enforceable commitments to refrain from the c
A piece over the weekend diving into the tech giants Cloud Computing arm saying its quote snuffing out the competition. Joining us now to discuss with us on set. Happy monday. Good to have you. The central question i think here is when is this sort of behavior selling your house brand not okay Grocery Stores do it. Best buy does it. You know, they got best buy internal brand tvs and what not. Is amazon so powerful and got good market share that this becomes kind of a soul crushing and anticompetitive activity. This is one of the Biggest Companies in america inside one of the Biggest Companies in america. If you spun it off it would be massive within amazon which has been accused of this kind of thing around retail, around all kinds of services it offers, its not a great look for it. Actually, this company even though google and others have gotten into the business, it still dominates and keeps it rating feature after feature after feature. If youre a Small Software player, youve got to
Much cheaper. Austin is laughing. Im not laughing. Thats a regular tuesday night for austin. Thank you very much, charles. Okay, so the bulls are a little winded as we kick off the final hour of trade after notching the fourth straight win some red on the screen and dow bulls are treading on track for longest winning streak since d ecember 19th and led by boeing, am amgen, cisco and jp morgan and dow up 120 and getting it there, not one at the top of the dow and nestled into the top ten best performers is microsoft. President joe biden juicing up the tech giants big investment in Artificial Intelligence during a campaign visit to racine, wisconsin, its a live picture of the president there at a Campaign Event talking to voters in the battleground state. Biden along with microsoft president brad smith announced a 3. 3 billion investment to build a new Ai Data Center, but also a Training Center for it in the city of racine. Lets go live to fox business Edward Lawrence in wisconsin right