Talking about what is happening with the coronavirus and appointing Vice President pence. As he was speaking, one of the cases of unknown origin that happened in europe as predicted if you look at the treasury now, you see the 10year is yielding 1. 297 . Not negative yet. President trump speaking about preparations last night. We are very, very ready for this whether it is going to be a break out of larger proportions or whether or not we are at that very low level and we want to keep it that way he has tasked Vice President mike pence he also addressed the market response i think the stock market will recover. The economy is strong, consumers are incredible thats why we are doing well and other countries are not even before the virus our consume rp is very, very strong very powerful economically. And the president put some of the response of the dow to the democratic convection. Are you suggesting Financial Markets are overreacting here . I think Financial Markets are very upset when
Weve ever been. We are doing great other countries have not our consumer is very, very strong very powerful economically hope comes in many forms. This morning, shares of one biotech are surging as treatment for the outbreak continuing. Stocks are set to continue their wild ride this morning as dow futures indicate an open that could be about 150 points to the down side you can see 150 points is where we would open. S p down by about 21 and nasdaq down by about 67 it may seem bad but it is earlier than it was. We were down significantly more so far this session. Since the selling zban, the dow has been down for five sessions in a row checking now the bond market as the 10year trades at its lowest level weve dropped 1. 3 twoyear note yields 1. 1. Record lows this week. Selling continues overnight with asian markets. Early trading in europe as well. We have Team Coverage this morning. Matt taylor in singapore Julianna Tatelbaum in london matt, well go to you first. Asian markets in the r
The head of Hawaiian Electric told house lawmakers the cause of the wildfire that spread has not been determined pinpointing because it could take several months to more than a year. She pledged cooperation of multiple ongoing investigations into what exactly happened. Energy and commerce subcommittee hearing is just over two hours. [background noises] [background noises] before we get started went to take a brief moment of point of personal privilege and the cardinal nooses mind is an article about virginias connection with hawaii and its history. Some of which is good some is not one of the interesting points as a congressman from the ninth district of virginia at the district that currently represent a democrat but the name oftl jennings was the only virginian to vote for hawaiian statehood. Until we are kind of a proud of that our section of the state is little different than other of the state sometimes good sometimes bad but mostly good with that being said vulvar gas would pleas
These companies and more, including comcast. Do you think this is just a Community Center . No, its way more than that. Comcast is partnering with a thousand Community Centers to create wifi enabling listening so students from low income families can get the tools they need for ything. Comcast supports cspan as a Public Service along with these other Television Providers giving you a front row seat to democracy. And this morning, Senate Lawmakers continue work on a shortterm spending bill to avert a Government Shutdown on saturday at midnight. Nell vote at 11 45 a. M. Eastern time to debate the measure. Take you to the floor of the senate on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Immortal, invisible, god only wise, you still work wonders in the earth. Teach us to do your will. Teach us that prayer still brings results. Teach us that we need not fear what the future holds,
Bipartisan basis so we would have bipartisanship as the start. And a lot of people because the Senate Bipartisan solution in the Senate Majority and it doesnt happen very often. Senator murray of washington working with public and senator Susan Collins of maine and the continuing resolution spelled out what we think needs to be done to keep the government open for about six or seven weeks. It includes six and a half billion dollars to maintain a commitment to ukraine and 6 billion to help them respond to federally declared disasters including one of my states where they are working to recover from the impact of summer storms. It would prevent election funding for Critical Healthcare and like the Community Health care centers. Im sure presiding officers visited see centers in the state have in my state. Its one of the more Amazing Products out of the Affordable Care act. I can remember 17 just met last minute and demanded we fund Community Health care as part of the bill. Admit that peo