Tepper and Stanley Druckenmiller both say stocks are overvalued u. S. china tensions flaring again as the fbi warns that chinese hackers are targeting covid19 research firms. We have a big lineup of guests today to help break down this selloff including bill mill miller, david harrah, david ruinstein and Liz Ann Saunders from Charles Schwab. Down 550 points, down 620 moments ago. Weve got full Team Coverage of todays market downturn. Scott wapner, mike santoli, and Steve Liesman with us. That bearish call from apple when asked about Hedge Fund Manager Stanley Druckenmillers assessment that the risk reward in the market is, quote, maybe as bad as ive seen it in my career, heres what he said. Its definitely as of yesterday, now the market is down from yesterday, i would say that, you know, 99 was more overvalued than 2000 but, yeah, i would say its one of the most overvalued markets, maybe second most overvalued i seechb the market is pretty full but theres a lot of liquidity there. Its
China requires a decrease in new cases of coronavirus. Five and a half years after a malaysian airliner was shot down over the ukraine, for men 4 men on trial in a dutch court. Suspects are on the run and russia. Hello. Welcome back to the france 24 newsroom. This is our top story. European and asain markets markets asian continue to tumble over fears of the coronavirus, stocks in the asiapacific tumbling. The ftse down by 6 . The dax down by 6. 5 . Followreet looking to when it opens in a few hours time. , as oil prices dropped by more than a third. Arerter oil prices experiencing their steepest drop since the gulf war in 1991, the plunge the result of an unexpected enough that by saudi arabia on a steep discount on oil to his customers in europe, asia, and the u. S. Stocks in asia fell as a result of the coronavirus, as in australia. Another have been announcements about the russians and the saudis in relation to oil. We are seeing a steep drop in the oil price in recent weeks. Our F
New culture. You are not a visitor nothing yet you want to become a citizen. In for migrants your platform for reliable information. A slim announcement ball soaring Financial Markets after mondays dizzying losses u. S. President trump promises quote major steps to battle these bragging coronavirus will be enough to gird the worlds biggest economy again but also on the program its a year since that Ethiopian Airlines jet crashed killing all on board family members gather for a Memorial Service of the size of the crash the tragedy compounded by what victims relatives describe as being way too little compensation. Im chris cuomo welcome to the ball around the globe investors are still wary after mondays shock trading session. The coronavirus and the steep drop in Oil Prices Remain big concerns for markets all prices are up by around 8 percent with russia now or not excluding negotiations with other Oil Producers over virus lead production cuts due to lower demand now european markets str
Being placed into an ambulance. We also saw tents that were set up outside potentially to triage the passengers, and now passengers are in line outside the tents. Authorities say this will be a very slow process, and it is expected to take up to three days. Also today, the first death from coronavirus was reported in the bay area. It was in Santa Clara County, she had been hospitalized for several weeks. There are at least 60 for coronaviruss cases and the bay area. On wall street today, stocks plunged nearly 8 on fears of the coronavirus. There was also a steep drop in oil prices. This was the worst one day port tromp ever. Nasdaq fell 624 points, and the s p job 225. We have Live Team Coverage tonight at Travis Air Force base, where some of those passengers will be taken by bus once they are off the cruise liner. But we began right now live at the cruise liner. Tom what is the situation out . Reporter the situation here is that this boat is the thing that they worry about the most
Is your Business Model for us in berlin welcome to global stocks are seeing a slight rebound from mondays brutal trading sessions coronavirus and the steep drop in oil prices durham a big concerns for investors but there are signs that some are reconsidering just how concerned they should be or prices were up by roughly 4 percent on tuesday to put that into perspective that follows mondays 30 percent plunge in prices due to a dispute between all producing nations stock markets in asia also all steadied on tuesday saying in hong kong the Shanghai Exchange in china and the nikkei in tokyo all closing with gains expectations that the u. S. Federal reserve might cut Interest Rates again help fuel that positive sentiment and that optimism extended to the opening of european markets where both germanys dax index and londons footsie both started with gains now help explain the recovery and discuss what might lie ahead and joined by our financial correspondent Chelsea Delaney in frankfurt and