Outbreak in the u. S. , but new jersey reported its worst day yet. More money for Small Business as the treasury secretary and lawmakers signal additional funds will be allocated for the Small Business program, which has seen enormous demand and m. G. Firms from exxon to halliburton may lay off workers in light of the economic turm l turmoil. Well speak with the ceo of verizon about the companys effort to keep students informed while they are away from school. And the ceo of state street will join us. We have details on the Small Business relief meeting that is taking place this hour at the white house. Mike santoli is tracking the markets fading gains this hour. Ka kayla, first to you on breaking news in washington reporters are entering the roosevelt room right now where President Trump and his economic advisers are set to host a Virtual Meeting with a slate of financial industry ceos to talk about what they are doing to assist Small Businesses. The list of attendees includes some of
Parts here today. Some are literal. The princess cruise ship is one. Theyre watching throughout the day as it makes its way to the port of oakland. It is supposed to dock around 3 00 this afternoon. Well talk about that, oil off the bat with our buddy phil flynn out in chicago, price futures group, senior strategist at cme. We talked about it last week, phil. You and i were going back and forth about russia and saudi arabia. Now we have the true price war breaking out that has consequences in places like texas and north dakota. Take us through what youre thinking about today . What im thinking about is were learning today, not always is a low price for oil good for everything. There is concerns for banks, oil producers, the general overall market. Having said that, there is some hope, you know, right now with the talks of stimulus. Maybe we can pull off the lows right now. There are old saying in the business low prices cure low prices but this breakup of opec and russia, this opec plu
Welcome, everybody good to have you here with us on options action. Obviously escalating coronavirus fears ripping through the markets all this week. 96 of the s p 500 now in correction territory or worse, meaning down below 10 from the highs. All three major indexes handing in their worst week. The financial crisis since 2008. The dow shedding 3600 points more than 10 down energy and financials, the largest victims of the selloff both down more than 13 in the last week. If you are wondering how to protect your portfolio, who isnt, amid this madness, our team of options workers are here carter werth, tony zhang and mike khouw we know this was an historic week for stocks and bonds. Mike, in any way was it historic for the Options Market yeah. I think anything thats going to be an historic move for equities is going to be an historic move for options on those same equities this is certainly one of those same cases we had the vix get almost up to 50 at some point today so that obviously i
Begin. Welcome, everybody, good to have you here with us on options action. Obviously escalating coronavirus fears ripping through the markets all this week. 96 of the s p 500 now in correction territory or worse meaning down more than 10 from its highs. All three major indexes handing in their worst week since the financial crisis in 2008 the dow shedded around 3,600 points, more than 10 . All sectors of the s p 500 down more than 10 from their 52week highs. But it was energy and financials the largest victims of the selloff. Both sectors down more than 13 in the past week so if you are wondering how to protect your portfolio and who isnt, amid this market madness, our team of options traders are here to break it down for you. With us for the next half hour, tony worth, tony zhang and mike khouw. Mike, in any way was it historic for the Options Market yeah, anything thats going to be a historic move for equities is going to be a historic move for options on those same equities, and th
More than a 100 countries defy us warnings and vote against americas decision to recognisejerusalem as israels capital. Were gonna rise up time to take a shot from penniless immigrant to founding father. The hip hop musical hamilton makes its debut in london, the First Showing outside of new york. Get in touch with us using the hashtag beyond one hundred days. Hello and welcome, im katty kay in washington and Christian Fraser is in london. The people of catalonia have been voting again today two months after a failed attempt to break away from the rest of spain. The polls closed just a few minutes ago. Todays election was called after the Spanish Government sacked the former Regional Government and imposed direct rule. Today the anti independence newspaper el pais called on voters to end the chaos and staunch the wounds, but will it put an end to the divisions in spains most prosperous region . From there, our correspondent James Reynolds reports. After months of crisis, the people of