Stocks as well. At 4 00 oclock on wall Street Markets were downwith the dow industrials taking another step down near the close so we were down sharply in the morning, leveled off in the afternoon, went back at it at the close, down 592 points on dow industrials at 4 00 oclock yesterday. Earning season rolls on. Big names include cocacola, lockheed martin, Philip Morris and travelers this morning. After the bell attention turning to streaming giant netflix. We will anticipate what the numbers will be. President trump saying he will sign executive order temporarily suspending immigration as part of the war against the coronavirus pandemic. Getting america back to work, georgias governor announcing businesses can reopen this week. Other states including South Carolina and tennessee also starting to ease restrictions. Meanwhile battle over additional coronavirus aid continues on capitol hill this morning. Businesses are waiting for the muchneeded funds to become available. Senate likely t
Business closures as well as layoffs. We will show you how markets are reacting as well. Eugene scalia and richard will join with me about the jobs picture, what they have to say about the jobs market, stimulus package and what lies ahead for the u. S. Economy. Twoday rally for the dow and s p 500 poise to come to an end today, future pointing to losses, down 200 points. Down 93 on the nasdaq after gains of wall street yesterday but markets did close off of the highs of the day, in fact, the nasdaq as you could see finished negative. Dow industrials yesterday up 409 points at the close and the s p was up 28. President trump says parts of the u. S. Could be going back to work in a few weeks participating in a Virtual Conference with g20 leaders today working on a coordinated response for the coronavirus pandemic. Plus americas biggest music star coming together for iheart living concert for america. Special feature includes elton john and alicia keys. Mornings with maria is live right n
Hours. Turning the page, lawmakers on capitol hill now openly discussing the potential to have some type of regulations lifted and some type of tax relief efforts in order to help consumers as they continue to deal with the negative effects of the markets in the coronavirus. Iy i suppose david suppose the one thing we know is going to be in it is some type of payroll tax relief. Does he have support from what he needs on the hill . Kevin he wont have the support of all the democrats, but he likely will have the support he needs to get it over the finish line. There was a . 3 billion worth of coronavirus funding that advanced out of their there was 8. 3 billion worth of coronavirus funding that advanced out of there in a nonpartisan way. Andd now we turn to london european close anchor guy johnson, where his report on italy is that the entire country is in lockdown. What does that even mean . Guy i think the italians are trying to figure that out as they go along, to be honest. The exte
Meaning less demand for oil. Meanwhile similar story in bond market, yield on 10year treasury below 4 tenths of a percent overnight. Now we are staying right under and it is down 28 basis points. Again, another indication of a recession at hand. The 30year following 1 for the first time in history. The 30year bond, the yield there at. 883 . Thats down 40 basis points this morning. Global markets reacting to all of this this morning in the stock market. Deep selloff in europe. The cac quarante down 335 points. That is 6 and a half percent and dax index in germany lower by 672. Overnight in asia across the board. Chinese experts tumbled in the month of january, more signs of trouble in japan as well. First quarter gdp lower in japan showing the economy contracted 7. 1 from the previous quarter. Thats a sharp contraction in japan. This on top of the Coronavirus Crisis, cases in the United States and abroad are growing. The white house looking into emergency measures. Overseas italy report
Read and write is a good thing. I have been extremely consistent and critical of all authoritarian regimes all over the world. Castro he destroyed freedoms in that country, he played winners and losers and put them in prison forever you dont give him a pat on the back. Truth is truth. All right . Kennedy in the truth is those kids could read propaganda. So what are they doing to stop them . We are told behind the scenes there practically begging Amy Klobuchar and Pete Buttigieg to drop out to stay away for my boyfriend, they claim the pairs sucking moderate support away from joe biden and Mike Bloomberg. Bloomberg, his campaign sharing internal polling suggesting sanders nomination will make democrats leave the house in november. Candace like joe biden they are shooting themselves in the foot. Yesterday in South Carolina, sleepy joe said this. Or i come from you dont get more unless you ask. I am joe biden i am a democratic candidate for the United States senate. Give me a look at if y