English premier league is suspended a may not be finished due to coronavirus none of the stuff we see for Club Officials have met in london or goings or off until at least the start of a. Deadly mistake thats the warning from the World Health Organization to any country not moving to take tough measures against coronavirus it says europe is now the epicenter of the outbreak nations across the continent already imposing drastic new measures to contain the virus spain today declared a state of emergency from saturday allowing the government to confine people and to evacuate buildings elsewhere Security Forces are being deployed to clear the streets of iran in the next 24 hours more global sporting events have also been affected games in the English Premier League one of the worlds was watched competitions in any sport have been suspended until at least april while 2 more formula one races have been called off but theres also been some news perhaps on Global Markets tensions easing there
Im also brian sullivan. Welcome. What a week this was and guy adami, i am not going to take anything away from a dow that rose nearly 2,000 points and its better for most peoples portfolios than it falling 2,000 points. But i believe were going to eamon are we going to eamon . You have time now to think about that question. Lets go to eamon lets go right now to eamon jafers who is at the white house with more news following the president s News Conference which certainly moved market, eamon. Boy, did it it was a thousandpoint spike while the president was hearing. Traders clearly liked what they heard and the president takinga i ceofocused approach and bringing on the ceos of target and name checking google the president i thought taking a much different tone on the coronavirus. Hes tended to sort of minimize the danger of this over the past couple of weeks and yet today he said Something Different heres what he said. In the coming weeks we will all have to make changes and sacrifices,
Coronavirus outbreak with california representative nanette berrigan, a member of the Homeland Security committee. At 9 a. M. , reid wilson previews todays primary contests in six states. The primary contest in 6 states. Host good morning. It is tuesday, march 10. Senior Administration Officials will head to capitol hill to discuss the package of emergency economic measures aimed at blunting a slowdown over fears of the coronavirus and plunging oil prices. Major stock markets tumbled more than 7 with the dow jones shedding 2000 points in the largest oneday point drop in history. We are opening our phone lines to ask if you believe fiscal stimulus is needed to respond to the coronavirus. Phone lines split up regionally. Eastern and central time zones, it is 2027488001. In amount or pacific time zones, 2027488001. You can send us a text. That number, 2027488003. If you do, include your name and where you are from. Otherwise, catch up with us on social media. N twitter it is cspanwj on fa
Spending in france and switzerland neglect any of if january and twos, threes and fiveyears are measured in basis points the dow plummeting 3200 points in the week the worse since the crisis yesterday experienced the biggest oneday point drop ever, 1,109 points as we approach the end of the red february for stocks the dow is the weakest of the three major indices, down almost 9 monthtodate. Goldman again this morning, jim is saying they dont think this is over and that buying the dip is in their words riskier this time theres no doubt about it s theres a part of of the s p and its good to look at individual stocks here that are not buyable and if anything its involved with travel and leisure, autos, housing, because house something sl housing is slowing down and i dont thinkfed cut rates it would matter we do need to talk about something at the cooperman, and ive always talked about which is the algos are in charge i noticed this morning at 3 00, what am i doing up at 3 00 the bond Int
Dominate bonds surging, yields making new record lows today as the tenyear fell below 0. 9 opec backed the biggers cut, dependent on russias approval is thats all to come. Joining us for the first full hour, stover any link. Interesting to me, though. Week to date, only three sectors are in the red week to date the s p is up a couple . Today was basically just within yesterdays range. It is the market finding out to whats notable, though is the cyclical areas of the market getting brutally hit so were essentially pricing in a steeper slowdown today its not really just oh, the big tech stocks that were up what do you do on a day like today . Stay calm. The day to day action is taggers. What the implication is, earnings to the conomy, we cant model out that none of that so im looking at copper, looking at the tenyear. Im going to feel better im kind of quality upping my portfolio. I bought united last week. We talked about 300 to 250, nike 104 down to 85 with a 5. 1 dividend yield. And i