Indication of yesterdays rally. Dow futures up 121 points. Thats half 1 , s p futures up 13 and nasdaq up 24. Dow on track for worst quarter since 1987, s p 500 having worst quarter since 2008. Speaker nancy pelosi looking for a phase 4 coronavirus package calling for Infrastructure Spending now and more money sent directly to americans. Major retailers furloughing staff as Stores Remain closed, macys, stores, the gap, cutting payroll impacts hundreds of workers. Unemployment rate could top 32 . Mornings with maria live right now. We want to check Global Market this is morning. Last day of the First Quarter in europe, green across the board. Dax index in germany higher by 200 points. World Health Organization says there are signs the coronavirus may be approaching a peak in europe. In asia meanwhile markets were mixed, take a look at the numbers on asian markets, best performer there korea up better than 2 although japan was down 1 . China says factory activity is growing, purchasing M
Im picking up good vibrations. Shes giving me excitation. Im picking up good vibrations. Shes giving me excitation. Good, good, good vibrations. Cheryl we are kicking off our tuesday with some good vibrations. Welcome, everybody, to fbn a. M. Good morning, im cheryl casone. Lauren we need good vibrations. Good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving this morning after the dow experienced the biggest point drop yesterday. All three indexes closing in correction territory. The dow is up 877 points in the premarket, s p up 103 points, looking to a gain of almost 4 . Nasdaq pointing to a gain of 4 , up 325. The president suggested relief. Its on the way for american workers. Investors like it. Lauren lets check the price of oil. Oil is up 5 , 32. 68 a barrel. Cheryl the yield on the 10 year treasury taking a look at this is at 0. 687 . The 10 year his an alltime low red of 0. 318 , the yield did. Lauren in asia, chinas president xijinping visiting
Said dont worry about it. Its all going to work out talk about a punt. That young man deserves better you know what . You deserve better so let me give you some answers about what can turn this darn thing around for real after a hideous day. Dow only 105, only but the nasdaq plummeted a bone crushing 2. 43 the house of pain thats awful. Look, as i tried to say last night, this is not a good market i know you dont need a weatherman to tell you which way the wind blows think about yesterday. I tried to say everything good right now is merely a trade because stocks have become divorced momentarily from the fundamentals of individual companies. A bunch of bigname stocks who rallied on good earnings yesterday, not because of the results, but because they reported on a day when Interest Rates, they sure werent today, they shot up like a darn musket. Rates should not be tame Interest Rates should and are going higher we have too much bond supply too, many sellers, and too much hot Economic Da
Are filing a statement of claim for the eviction of mrs. Gavrilova from this room, this first, second, of course, this is to restore order, here, the deadlines , in musoki depend on the court, alexander, then everything is on you , full interaction with the administration, yes, we will take control of the situation, we will achieve the fulfillment of all tasks, we will come to you popular front, popular front, well done, so many gifts , wow, designer, thank you, heres a laptop, you missed the most important thing, wow, this is your first laptop, yes, and whats next, its the same thing and here, let me go there. If you know someone who needs this help or yourself we are ready to provide it, please contact us at the editorial office, thank you, good afternoon, the big game is on air, today is the eightieth anniversary of one of the most important turning points of the great patriotic war. Let me remind you that on october 9, 1943, the battle ended with the liberation of the taman peninsu
Secretary Steve Mnuchin arrives for another round of talks in italy. I understand theres an ambitious Tax Reform Program in the United States, were watching closely on what is good for the United States and what would be learned by other countries about tax reform. Donald trump calls fired fbi director james comey a grandstanding showboat as he tells nbc exclusively his rational for sacking him earlier this week. You said i accepted their recommendations. You had already made the decision. I was going to fire regardless. Good morning, everyone. Its friday. Glad youre with us once again. We have another packed show for you. Lets kick things off with our top story. Vivendi announced plans to buy a 60 stake in Advertising Group halves have ff s ha havas for 2. 4 billion euros. The step marks another milestone in vivendi chairman Vincent Bollores plans to build another media powerhouse. Shares of vivendi are up 5. 71 . Karen has been following the story all morning long. I wonder what the