People. Empty store shelves becoming the norm this morning. Amazon to hire a hundred thousand workers and Major Grocery chains adding jobs as well to keep up with demand as well. More countries closing borders. Things have reversed course and dow industrials showing decline of 96. Nasdaq up 29 but s p is are youer by 12 and a half after dow, nasdaq and s p 500 had biggest oneday point loss in history. It was 13 in a day. 12 and a third percent and the s p gave up 324 points yesterday, 12 , yeah, quite a day on wall street. Primary day on ohio. Voting still taking place in arizona, florida and illinois. Mornings with maria is live right now. Maria we want to check Global Markets this morning, asian markets were mixed overnight. Remember, we did have a pretty good upswing at the end of the day coming off of the lows and into the premarket, this morning we had rally and that reversed. In china, the shanghai composite down third a percent. Oil prices rising after hitting new 52week low yes
Points right now down more than 900 following yesterdays huge lerelief rally and that fear bleegd into the bond market. The ten year yield hitting a fresh record low breaking below 0. 9 . Thats a staggering move right now, at 0. 928, but it was lower than that earlier, we now have about 177 cases of coronavirus in the United States as the cdc begins to roll out more testing across the country. Washington state dealing with the largest outbreak so far. Cases doubling in new york well tell you how bad things could get as power lunch begins right now thanks, ty and im kelly evans. Were all over this virus volatility today our Team Coverage of this market sell off rolls on as coronavirus grip wall street once again. Bob pisani is track iing the action at the nyse for us. Rick santelli watching these amazing moves in the bond market meg with the latest on the outbreak and Steve Liesman digging into a potential credit crunch coming for corporate america. Bob, we start with you the debate has
You must be 68 because im 66 thats tom cruise talking ive been told we have to interrupt this briefly to get to walmart numbers which have just crossed. Walmart is out with Fourth Quarter and full year earnings 1. 38 adjusted versus estimate of 1. 43 141. 67 billion. Analysts expecting 142. 488 billion. The majority of stores in chile have been disrupted and some totally destroyed. Theyll be holding an investor day discussing this more in depth. Shares are down 2 in early going. In u. S. Comparable growth streak does continue 1. 9 also below analyst expectation of 2. 3 for the quarter. U. S. E commerce net sales grew 35 . Coming year expectations to grow at least 30 speaking with the cfo, quote, the quarter started off and ended strong despite softness in some categories like media and gaming on the coronavirus, they are monstering the situation and focused on the safety and wellbeing of customers and associates he says sales are still okay the fear is mixed towards food walmart is not
Sit separately after they arrive at the factories that we placed in quarantined management center. In the country 2nd worst affected by coronavirus south korea public transport is also a key battleground buses are having to be regularly disinfected. As well as transport south koreas Tourism Industry is taking a hit with many museums around the country now shut. In japan theres an urgent call to organizers of large events to consider auteur in their plans. But not as a look at the money or not theres a big risk of transmission nationwide sports you cultural activities with large gatherings of people other people with that in mind we ask you to either cancel or postpone our scale down these events but our people are short or long and in virus and protests hit hong kong the government has just set aside its biggest relief fund in decades the announcement includes news of a cash handout of a little over a 1000 u. S. Dollars to each of the citys 7000000. 00 permanent residents some relief f
President trump knew exactly what was going on. He was aware of all of my movements. He, i wouldnt do anything without consent of Rudy Giuliani or the president. It wasnt just military aid. It was all aid. Basically the relationships would be soured. Several demands at that point. The most important one was announcement of the biden investigation. Neil consider what lev parnas was saying and accusing Rudy Giuliani of, president of the united states, and by extension the Vice President of the united states, that they were misrepresenting themself. This was not going after corruption in ukraine, individual event by individual event, visit by visit, it was all to get dirt on bidens. A lot of people dismissed that, including White House Press secretary, this is guy is trying to do being attractions to reduce time in prison. The surgical interview Rachel Maddow conducted last night, whether youre a fan of that rival network, did present in a way the arguments, this was about chasing corrupt