Take a look, dow futures down about 78 points, nasdaq down 4, s p lower by 7 points. Yesterday markets tumbled as vi to investor concerns the International Monetary fundscutd previously predicted 3 contraction. Case against Michael Flynn dismissed. Lawyers releasing notes showing that during the transition then president obama, then joe biden weighed in on the flynn case revealing a very different story from former fbi director james comey. Flynns Attorney Sidney Powell is here, joining me live at 8 00 a. M. Eastern on this case and what is being revealed. You dont want to miss it. Senate Republicans Police reform blocked by democrats, senator tim scott ripping democrats yesterday accusing them of trying to delay the bill until after the election. A rival democratic bill expected to hit the house today. Mornings with maria is live right now. Global markets this morning, erasing early losses as coronavirus restrictions ease. Take a look at where we stand. In europe mixed story. Ftse 100
Lower, carnival down another 26 . Oday as well the 10 year yield at 61 basis points, and tmobile finally completed its merger with sprint in spite ofout. 4 the losses. Lets check in on the bloomberg first word news. Heres mark crumpton. The United Nations General Assembly is considering how to response to the coronavirus pandemic. Not as have been sent to resolutions for consideration. The most widely backed one provides for International Cooperation by sharing information. The other calls for abandoning trade wars and implementing protectionist measures. Because the global body is not holding meetings, the resolution is defeated even if one country objects. Drugs for malaria and certain autoimmune diseases are now on the food and drug administrations shortage list, meaning some patients who take those medications for rheumatoid arthritis, lupus, and other disorders cannot fill their prescriptions. The man served after doctors overseas said they saw signs of the drug could be used to t
Disaster zones opening up right in the heart of central park. States from florida to rhode island now vowing to crack down and quarantine those fleeing new york, as these Health Care Heros come to the rescue this morning. Cruise ship nightmare. The desperate situation on board the zaandam. The ship stuck on high seas as ports turn it away. Four people dying. Nearly 200 on board suffering flulike symptoms. We hear from the americans on board this morning. Instacart and amazon workers planning a big strike this morning, protesting conditions and saying they need more tekt if gear. Tornado outbreak. 22 twisters leave a trail of damage across three states. An ef3 strikes arkansas. The new Severe Weather threat this morning. Youll always be my baby and concert for america. Some of the biggest stars in the world coming together from their living rooms, from mariah carey dont let the sun go down on me to elton john. Tell me why and the backstreet boys. How theyre raising spirits and money for
And fbn a. M. Starts right now. Im just say its fine by he me. If you never leave. And we can live like this forever. Its fine by me. In the past i would try, try hard to commit to a girl. Lauren beautiful shot of the Christmas Lights in new york city. Welcome to fbn a. M. Im lauren simonetti. Cheryl the fox red, white and blue tree is on fox square. Im cheryl casone. Lauren dow is down 25, nasdaq is unchanged. Cheryl lets take a look at asian markets. The pushback of the tariffs on 165 billion in chai chinese gos which is supposed to hit sunday, may give investors something to cheer about. Lauren the ftse is down 25 points, the tax i dax dax isp 12. Cheryl President Trump rallied thousands of supporters in pennsylvania last night, touting the usmca deal, while ripping into democrats over the articles of impeachment announced earlier in the day. Lauren Griff Jenkins is in washington with more. Griff, good morning. Reporter good morning, lauren and cheryl. What a truly remarkable day in
Made an offer to buy the company. Josh brown, Wealth Management. Josh, great to see you today. Whats going on s p and dow basically hugging the flat line right now, taking a breather, i guess you could say, from the record run we saw earlier this week. I think you nailed it thats exactly what i see going on indices are stalling out given the runup, i dont think, should be a huge surprise. Rates are higher, which is interesting. Lot of the big winners of the year, like iyr, xlu. Anything rate sensitive also taking a breather. Xlf is falling out, the financials indexing etf got above a 70 rsi for the first time in i cant remember how long thats an overbought index when was the last time we were talking about the banks being overbought you have this confluence of things its perfectly natural keep in mind the big picture caterpillar, the whole industrials xli, etf, all hit new 52week highs yesterday. Honeywell, new highs these are things that do not happen in the context of a bear market o