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senator ted cruz and congressman paul gore have self-quarantined after coming in contact with someone who tested positive at cpac, the popular south by southwest festival, which brings millions, hundreds of millions $400 million. into the local economy in austin texas. it s been canceled. one of the world s top tennis tournaments in indian wells in southern california has also been canceled. columbia university has canceled classes for today and tomorrow. rice university in texas has canceled classes all week due to the spreading coronavirus. the historic christ church of georgetown canceled sunday service for the first time since the 19th century after its rector tested positive for the virus. and then the markets. wall street is poised for another blood bath. dow futures pointing to a more 1,200 point plunge, as a perfect storm hits the financial sector.
that s a huge drop from late june when she was polling at 17% after a breakthrough debate performance, the 12 point plunge so alarming, a campaign adviser telling cnn the day that krrn condition s poll came out, that day was the lowest point of the campaign so far. david axelrod is a former senior at visor to president obama hosts the axe files. so as always a pleasure and a privilege. yeah. listen, we are five months away from iowa. team harris now saying this is their lowest point. you ve been through you know campaigns. theyen have the had a lot of low points. i don t know. you know, look, the campaigns are full of ups and downs, and you have to navigate them. i remember so well the 2007 race. and we were being pummeled by the national pundit corps around this time, in fact in the fall
president trump s ongoing trade war with china is putting his greatest political asset, a strong u.s. economy, in jeopardy ahead of a grueling 2020 reelection battle. investors concerns over tariff threats and the inability to reach a trade doing is creating volatility. an 800 point plunge on recession fears. the president s strategy deflecting the game by throwing jerome powell under the bus. slamming his hand picked slekds as clueless for not cutting interest rates at a faster clip. kristin well kk kristen welker is back with us and we re joined by dominic chu. i know futures were down and the market came back up. i don t know where it is right now. it s hard for me to see where i am. so it s back in the green.
seems to be some optimism, after the biggest two-day market rally in the last three years. thursday, giving the snapshot of the volatility we ve been seeing, a huge 600 point plunge. and then that surge in the afternoon, hoping to close out 2019 2018 on a high note. seems like maybe we re turning the corner. how do things look as the day kicks off? green on the screen today. appears the markets will open higher today. if this week is any indication that really means very little for how the indexes will end the day. volatility is the name of the game on wall street this week, particularly thanks to those curious wild swings. noticeably yesterday when the market roared higher in just the last 30 minutes to finish the
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