Correction territory, the dow has to be down at least 361 points. We are down 766. The nasdaq has to be down 145. We are already down on the nasdaq at this moment by significant 276. And the s p has to lose a minimum of 68 points. S p right now down 87. Goldman sachs now believes that American Companies will see zero Earnings Growth this year if the coronavirus becomes more widespread than it already is. Backing up goldmans call, a slew of companies revealing new warnings about how the deadly outbreak could hurt their businesses. Countdown bringing out all the big guns for this final hour of trade. The head of the Worlds Largest derivatives and futures Trading Platform is here. Cme Group Chairman and ceo terry duffy on managing risk and how he plans to keep his exchanges running if coronavirus balloons in chicago. And Guggenheim Partners cofounder and global cio scott minerd here live. The best places to hide your money if the virus gains the power to trigger an earnings or Even Econom
News drop . Plus a big call in the financial space just aheard of earnings and were holding the investment committees feet to the fire with the Quarterly Report the Halftime Report with scott wapner begins right now. Welcome, good to have you with us on this tuesday. Joe terranova, steve white, jon najarian, and richard sapperstein is here, high towerer ceo. Shares of apple on the move today, down 16 from its alltime high. Doc, your biggest stock position, people say whats going to get stocks to break out of this range, were finally starting to move that next leg higher apple hitting that new high wouldnt hurt. It wouldnt hurt. As they basically cross the billion sales number as far as units out there in the field, scott, a billion handheads out there, thats huge for apple in terms of the Services Revenue that pete is always harping about. The issue for me is also that a lot of the services theyre selling now are bigger services, recurring revenue, for instance, from like the cloud and
The s p and dow. Nasdaq gains which it saw on friday. For the nasdaq and s p and russell 2000, it was the worst month in the year. For the s p and nasdaq with the dow slumping 3 . Nasdaq down 5. 8 for the month. Treasuries is the big picture. This is why we see the weakening. Treasury markets are picking up. 10year is now 4. 74 . The 2year treasury is up at 5. 11 . Mortgage prices are ticking higher. If you want a 30year fixed mortgage, you are looking at 8 . Check out the price of crude oil. Crude oil prices with energy back on the rise. Up to 91. 50 for wti. Brent at 93 a barrel. Joe talked about bitcoin. Picking up to 28,300. Up 4. 4 . Joe, the reason behind this is because gary gensler etf comments. I saw any Government Shutdown would delay any consideration for the spot etfs that everyone wants. Because the s. E. C. Staff would have been out and nothing gets approved. Does that mean i think they are thinking about it. They have been thinking about it check your watch. Thats a big
Opec production report. Our road map begins with the snow coming down. States of emergency declared in new york, new jersey, pennsylvania, connecticut. Well take you live to the worst of the storm. Bill ackma th sells out of valeant, a 4 million loss. The Congressional Budget Office out with its assessment of the Republican Health care plan, saying millions will lose coverage. Well dig in on the report. First up, states of emergency declared in several states as the winter storm hammers the northeast. Already a foot of snow in parts of the region. More than 8,000 flights have been cancelled this week due to the storm impacting more than 400,000 passengers. Jim, were going to see what the impact is on the airlines. I think right now, i saw a map a few moments ago, there are only eight inbound flights to new york on the entire globe. Yeah. Look, i know we had a good report this morning, talking about whether there was how badly the quarters will be. You know, im very concerned. This grou
Economist john silvia will be joining us to kick things off. First, lets get to the guys in new york. Joe, my heart is breaking. I was traveling yesterday and out last night. I missed all of the masters disaster, been reading about it this morning, checking this stuff out. 11 inches . Missing . Ernie ells. Becky, im telling you yes, not you. Right. I read what he said this morning, and my heart really went out to him. After being so great you know what he said . He said, i got up to that first three footer for bogey. Number one is a really hard hole, and all the greens are really hard. Theyre so fast. The holes are cut so sharp. Theyre very scary. What he said really got to me. He said, i couldnt pull the putter back. I know that feeling so well. Its because hes still got the right hand low. I can tell you that ernie is going to be i dont think hes clawing yet, but i cant say for sure. But hes going to have to do something called the claw. Thats the only way. Also, what i found did you