Attention to the virus to aid in war against the pandemic, live tomorrow morning for special interview you dont want to miss. Do stay with us for that. This morning pointing to higher opening. Take a look at future, up better 250 points on dow industrials, s p is up 29 and nasdaq higher by 116 this morning, this after the dow, nasdaq, s p ended down last week. As you can see better in the dow and s p. Google parent alphabet, microsoft, facebook, amazon, Technology Names reporting earnings this week and at the end exxon reporting numbers. Holding china responsible. Senator tom cotton telling me the coronavirus escaping its borders was a deliberate attack by the chinese and calling for action against the Chinese Communist party. Plus questions rolling with the health of north Korean Leader kim jong un as he remains unseen. Mornings with maria begins right now. Global markets this morning are rallying, take a look at europe indices, ftse 100 up 95 points, cac quarante in paris is up 86 an
About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delivery closed at 18. 27 and went to minus 37. 63 means selle
Yesterdays gains related to treasury yields tapering off. Coming back down after really watching them march higher. Above 4. 6 . 4. 54 is the yield for the tenyear treasury. We have seen calming down at this point of yields. We will see where that continues. Late last night in washington, lets talk what happened. Republicans passed three of four spending bills in the house and a push to avoid the Government Shutdown. Lets go to Emily Wilkins in d. C. With more on it. Good morning. Reporter good morning, andrew. You are right. There was a little bit of victory for House Republicans. Lets be clear, congress has no plan to fund the government before sunday at midnight. That means we are looking to have a shutdown at this point. The house and senate on looking to have progress today to keep any sort of shutdown as short as possible. The house passed three of the longterm funding bills. None prevents a shutdown. The hope is to build support for a shortterm measure that members will vote on
Day. You can see the hang seng was down by 2 the kospi in south korea, where the closest to these concerns is located, is down by 1. 7 in europe there are also concerns playing out there the dax down by 0. 4 all the other averages down by 1 or greater. Biggest declines in spain, the market there down by 1. 4 . If you check out crude oil prices, the iea releasing a new report saying that Global Oil Demand will grow more quickly than expected this year. Thats not helping prices which are still down by 37 cents. Here are the big stories were watching shares of snap are sliding after the social Media Company reported a bigger than expected loss snap lost 16 cents a share last quarter. Revenue coming in at a lighter than expected 1 181 million the company added fewer daily active users than anticipated. Ceo evan spiegel addressed concerns on the Conference Call. We have always been last to market, competing against giant companies, weve been able to grow our business in markets that are hig
Agreement to cut Oil Production and russia will not attend the meeting. Saudi officials uploaded the idea of not reaching an agreement at all. Iran says they will produce more, while the iraq minister says hes optimistic. Bearish on bonds. The trump dollar rally is stirring up emergingmarket bearers. The most irish the most bearish for the year, caused by the collapse in Commodity Prices in china. Donald trump announced just this morning he will nominate congressman tom price for health and Human Services secretary, this has retired David Petraeus is considered for secretary of state amid open infighting among who to pick for the posts. That is what you need to know. Will kennedy, managing editor for middle east and africa, coverage of energy, joins us from london. At this hour, what do we know . We know that less than 24 hours from the meeting, there are still significant disagreements among opec leading members. Saudi arabia is insisting iran raise the structure and iran [indiscernib