Cruise ship is being treated with an experimental drug made by Gilead Sciences. Hes in the Nebraska Medical Center in omaha. Overseas, virus cases linked to italy have spread to five other European Countries, and virus cases linked to iran have spread to iraq, afghanistan, kuwait, oman, lebanon and bahrain. Brazil is testing a man who recently visited italy. If a second test is positive, it would be the first case in latin america. Health secretary azar told congress quote, we cannot hermetically seal off the United States. The cdc says its not if it arrives, but when. Worldwide, economies are slowing, there is a fear of association with anyone who may have been in any way near a Virus Outbreak. Some borders are closing, flights canceled, hotels with any possible carriers, locked down. All right. Now lets show you the markets. Its all over the place. The dow at one point very early this morning was down over, well over 400 points. Now weve got a green arrow showing maybe a gain of 60 p
Long as is necessary the japanese have said they will the europeans the english you know the Federal Reserve i mean this is madness were all going to pay a horrible price some day but in the meantime theres a lot of fun for a lot of people. And while the trade deal provided some measure relief there werent any positive surprises for the market it only provided a psychological relief for the market temporarily calming the volatility in asia however the nikkei and flat the shanghai composite fell half a percent and in the all his press interview he did not characterize this as a quote groundbreaking move moment instead he summed it up as to what weve been saying all along it help to alleviate the current tensions in trade friction and eliminate market uncertainty it is to stabilize expectations and enhance confidence over in europe and also didnt react to President Trump self promotion the dax and the footsie traded down and the cac was virtually unchanged likewise the us markets continu
This is the must broadcasting around the world and covering all aspects of business and how it affects you im christiane and im british born washington here that we have on deck today u. S. Markets are surging following the signing of the phase one trade deal between the United States and china the water markets around the globe are reacting and what can we expect in the markets as we approach to negotiators to do walking the Simpler Trading is on hand to dig into the details. Of just some new developments in the feds a sector as a Major Players are making moves in the field bring you up to speed with our analysis of the Welcome International magazine for attorney Myles Edwards to give us the love on the regulations and in the face we have so much to get to the lets get to it. While the m. S. C. I. World and next and the u. S. Markets are at record highs following the signing of the face. One trade deal between china and the us most analysts do not attribute the rally to this much ado
In the world corrupted you need to descend. To join us in the depths. For a mate in the shallowness. This is catching a round the world and covering all aspects of business and how it affects you im christiane and im british born washington heres what we have on deck today as u. S. Markets are surging following the signing of the phase one trade deal between the United States and china the water markets around the globe are reacting and what can we expect in the market as we approach phase 2 negotiators to do walk into. Were trading is all here to dig into the details. On new developments in the sector as a Major Players are making moves in the field bringing up to speed with our analysis we Welcome International bankers returning miles give us an outlook on the regulations of the space we have done much to get to the lets get to it. While the m. S. C. I. World and next and the u. S. Markets are at record highs following the signing of the phase one trade deal between china and the us
Mike corbat, the ceo of citigroup, as steve mentioned, the worlds global bank with 200 million customers and accounts within 160 countries. Huge from anybodys measure. Since becoming ceo in 2012, he has focused on leveraging citis Global Network to serve its institutional and banking clients with an emphasis on strong execution and the highest ethical standards. Mr. Corbat has been at citi since his graduation from harvard in 1983. Prior to his current role, he has held a variety of ceo positions for citigroup, including ceo of europe, middle east, and africa, ceo of citi of the Global Wealth management unit, and the Global Corporate and commercial bank. He is actively involved with several civic and cultural organizations, including his roles as executive Committee Member of the partnership for new york city and as a board of trustee of the United States ski and snowboard association. I would like to introduce dustin walsh who will be moderating today. Hes an awardwinning senior forr