10 , but lets be honest the markets are still down big time this year so cold comfort for investors who may have gotten in toward the end of last year well dissect all of that. One big theme today is the Federal Reserve effectively riding to the rescue of the bond market and even the etf bond market look at the hyg, something we have been highlighting and were going on more than a month now up 7 as well as the fed as it says there goes all in and we are all in with a great lineup for you again. We have guy, tim, weve got karen and weve got steve grasso it is going to be a beg hour we have Paul Macaulay with rare mineral supply chains and i want to get to steve grasso because the Federal Reserve, and i know it is very difficult for the audience out there who is not doing this every day to keep track of the alphabet soup of acronyms the Federal Reserve came in today with another 2 trillion program. Did they effectively bail out a big part of the etf market yeah. I think they did so the f
Are moving slowly. Were down 1. 5 on the s p with one, two, three four sectors down more than 3 as we stand. Coming up on todays show, a rare and exclusive interview with the apollo manager and ceo, leon black well get his tack on this volatile market. Plus the big push with air mark to support new York Health Care workers. Well also speak with germanys minister of health as that country grapples with when and how to reopen its economy. A a better performer in a relative sense with handling the virus to come European Countries and coup tris. Lets focus on the big stories bob is tracking the sell off meg has new details on the rush to find a treatment for the virus. Phil is watching the airlines. Brian sullivan covering the historic opec deal its lack of impact on oil prices so far bob. And a great rally of last week, 12 on the s p fizzled a little today, but no surprise. Let me just show you today so banks were going to get earnings tomorrow. No surprise ch banks usually wilt a little
It is still up 1. 9 , but bit by bit we are lower across the globe spirit still positive for most of the groups. We are a racing that massive gain of earlier today. The 10 year down a few basis points. We are awaiting the fed action at 1 30. We will see what happens out of that. The dollar index continues to be strong. The euro is weaker, so his british sterling. We are even seeing massive moves for the yen today. Crude oil is down. 2 . It has a its gain as well. Guy the World Health Organization now saying europe is the epicenter of the coronavirus outbreak. You can feel that a little bit in terms of some of the price action today. The stoxx 600 is positive, it is off its lows. A few moments ago the dax went negative on the day. This is not a convincing rally. It is of course friday. You want to carry positions across the weekend . We are seeing a considerable move when it comes to what happens in the bond market. By 17 year is higher basis points. You are seeing a similar move at the
Australia starts to clean up from the bushfires. This as insurance claims keep rising. The total is approaching 1 billion u. S. Shery lets get you started with a quick check of the markets. It was another day of session highs. We saw the dow on a record high for a fifth consecutive session, closing up 2 10 of 1 . Of course, we had positive u. S. Earnings, the season kicking off, not to mention the pause in the china u. S. Trade war and the positive Economic Data with u. S. Housing surging in the previous much month. We had telecom and utilities leading the gains. We had the Energy Sector, oil losing ground for the second consecutive week, but keep your eyes on the oil prices. We did have geopolitical tensions in libya and iraq that could be moving crude. The nasdaq gained three tons of 1 . Lets see how things are shaping up for the asian market. Sophie asian docs are headed for a mixed start after a sevenweek advantage. Thats the longest winning streak in two years. Investors will be a
Breaking year for payouts, the best dividend stocks to own in this market. The Investment Committee is ready to go, Halftime Report starts now its great to have you with us on this friday, our Investment Committee, jim, josh brown, and portfolio manager, we begin with stocks, the dow hitting 29,000 for the First Time Ever, the question now, how far this market can really go, and whether its all happening a bit too quickly. Josh i come to you with that notion 37 days its taken to go from 28 k to, six stocks accounting for 950 of those points. I think its accelerated a little bit too quickly, and please take that in the context, i have been on this network for nine years telling you to buy, pretty much unequivocally telling you to invest. I do think were reaching the point where the chase is just almost visceral. Everyone you talked to, and then you look at the big leaders, and i own some of these, so again, take this with a grain of salt google, facebook, apple and nvidia gained 4 this