A big upgrade. We will find out what makes it stick out in that big social media space. Plus, petes got a fast pitch on one medical device maker he says could be a home run. We will tell you what it is as he lays out the big case thats medical miracle mystery chart. In a special bonus hour of fast money at 6 00 p. M. Eastern time, we are taking your burning trading questions. Tweet us cbs fast money and you might get them answered here live on the show in the next hour we start with that monster rally on wall street today the s p up more than 1. 5 and the dow jumping over 400 points as you can see there the nasdaq also up nearly 2 leading those markets Higher Energy stocks, financialis and the small caps as well investors appearing hopeful a new deal for stimulus is town the pike markets still down significantly for the month. Does todays action give you a reason to perhaps be more optimistic and for that perhaps, guy, i will turn to you first. Welcome its always wonderful to have you
South korea, president moon calling the current Economic Situation as an emergency. The rhetoric is not positive even as what we see the beginning of a stabilization for some of these virus cases coming out of china. Certainly, the attention is on what regional economies are going to be able to do to support Economic Growth. Lets take a look at what we are seeing on the markets. A milestone for Chinese Markets in recruiting some of those losses since the Lunar New Year break, but we have seen very little positive price action since then. Absolutely. A little bit of a tempering of the positive tone we had seen. After we made up the post Lunar New Year losses, it is notable that you look at stocks on the mainland and they are trading lower, but off by just 0. 1 , so trying to hold in, trying to higherd continue to move with the cautiously optimistic town. Off slightly to the downside. Where we do see losses leading the way, that is in hong kong and japan. Both the hang seng and the andei
biden s border crisis new migrating north of the u.s. border as agents in new york, vermont, and new hampshire are all seeing illegal crossings now. i m sandra smith, and it s great to be with you for another week here, john. john: john roberts in washington. you are warmed up, revved up ready to go. this as america reports freezing weather not stopping migrants from making the journey across the canadian border into the united states. border patrol agents have seen 743% increase at encounters in just the last three months. more than in the previous two years combined. sandra: meanwhile, south of the border, cbp sources say nearly 300,000 known got-aways since october. that averages out to 2,450 got aways a say. john: streaming through south texas. texas dps in a high speed chase before a group of migrants fled on foot into the brush. sandra: eric shawn on the northern migrant surge but first, bill melugin is live in the rio grande valley. they do whatever they can
China is now falling back on its major levers to stem their biggest decline since 1996. The shanghai comp positive dropped 7 overnight before policy moves took place. They came in after hours. The besthat some of minds have been saying about china. I tell people be cautious because i dont think china can come up that easily with a solution overnight. Complicated situation and Financial Markets is not the first thing on the radar screen. Thats why this market is trying to find its own level and its clearing at a much lower level than most people have expected. I think the market is very oversold. Over 1200 new lows, 12 month lows on the new york Stock Exchange. Usually, this occurs at the end of a bear market. This has occurred at the beginning. This is a signal that something is very wrong. Dont get excited, take a few days off, wait for the market to stabilize and then come in. Dont be afraid to buy when everyone else is selling. Dont do it in a rush, take your time. Julie hyman is wi
Daybreak europe, our flagship morning show right here in the city of london. I am manus cranny. Matt i am matt miller here in the german capital, berlin. Manus good to have you with me. We are in that risk off mode. We decided yesterday we looked at the euroyen, we are looking at the dollaryen and this is where the trump frederick is stoking the heaven haven buying process. We are up by 1. 45 . ,f you want to pull this up 77. 34. The currency use moves, the kiwi is taking the brunt. Trump going on the fox business a network saying there is powerful armada. I we overdone, are we overreaching in terms of the end because one big move in this theater piece in russia could change the direction of the russia and u. S. Relationship. The 200 Day Moving Average at a fibonacci level of 107. 87. Even kuroda stepped in this morning. D in the endervene and does nothing. Matt speaking of headlines i am saying one come across right now from xo noble that it will consider a proposal to hold an egm in