To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. Right now it is a little bit higher 0. 546 stimulus talks in congress. Trump administrations officials and House Speaker nancy pelosi are set to resume negotiations today on their competing visions of a bill. The Sticking Point continues to be a boost set at 600 per week in march that lapsed on friday he and Speaker Pelosi are on the same page about the need of direct Cash Payments of 1,200 to most americans. Andrew. And big co
So much for social distancing. You are watching cnbc. Good morning and welcome we are live and waking up to another day of potential losses for major averages stock futures now pointing to modest declines from a relative perspective. The dow jones opened down 244 points, nasdaq down implied 77 points that is much more than normal. This after the wall Street Market staged a rally yesterday for the dow. Major averages on pace for the third down week of the last four checking the treasury side of things, we are seeing movement for the bond and notes higher to. 227 10year at. 61 . Oil on a wild ride it had been lower Early Morning but ralied after news after a meeting on monday by Conference Call to discuss cuts President Trump meets with Top Energy Executives at the white house today. Full details on that summit at the white house coming up. Global Team Coverage dan murphy is in singapore Geoff Cutmore is in london, nbcs tracie potts with the latest out of washington and Frank Holland wit
The latest happening in china. Meanwhile President Trump is in india this morning, speaking at a rally with indian Prime Minister narendra modi, hes headed to taj mahal as we speak. Bernie sanders with clear victory in nevada but having trouble on how to pay for big plans, battle for the white house moving onto South Carolina. Verdict in Harvey Weinstein case, mornings with maria is live right now. Maria top story this morning market selloff, take a look at futures, down 818 points as fears about coronavirus rise across the world. The number of cases is jumping across the world. I want you to look at this map, bahrain 31st country, 79,000 cases across the world. The death toll is spiking at 2600. I spoke with white house trade adviser Peter Navarro on sunday morning futures of impact of coronavirus. I want to ask you about what the u. S. Is relying on from china because i know that they more plenty of ships that were supposed to be carrying medical equipment, medical supplies, componen
Too glib maybe not glib enough. The dow did snap that five day winning streak to close down 28 points the s p back slid. 04 nasdaq actually advanced. 05 but while most of the country is spell bound by the prospect of the house impeaching President Trump the effect on the market was minimal, why well in part because we know exactly how the trial in the senate will go more on that, much more on that later. From an Economic Perspective though theres just not a lot at stake here the only outstanding issue that really matters to wall street is the negotiation of the new nafta but thats looking like a done deal in congress because Speaker Nancy Pelosi was willing to compromise mexico is rebelling against the notion of u. S. Labor law monitors in their country, issues of sovereignty. Of course theres the trade war with china just got a phase one deal with the chinese and President Trump agreed to reduce the tariffs as long as the prc plays ball anything that levels the Playing Field with chin
sean: welcome to hannity tonight buck elup. biden challenger dean phillips will join us. once obscure congressman gaining momentum. 20 plus points, also senator tim scott will respond to personal attacks he has been facing from the left. and low lights from biden bizarre speech. he was in wisconsin touting biden no, ma amics of all things. 1500 miles to the south major somehowdown on the banks of the rio grand river. joe biden determined to stop texas from doing the job he won t do that is enforce laws and secure the border. this is beyond concerning according to bomb shell new report from john solman. several as many as 10 high ranking officials warning congress biden s border policies caused a quote invasion ofl military-age foreigners who pose one of the most pernicious threats to security. people coming from eye rand syria and egypt and afghanistan and china, joining us now editor and chief investigator john solman. literally just crossed your wire seven minutes ago.