The latest edition and fans from the 70s will be happy. And a big day for the banks and what we have called the most important stock on the market today. This is Worldwide Exchange on cnbc good morning, good afternoon, goodevening. Im Brian Sullivan thank you for starting or ending your tuesday with us the Global Markets are setting up their day, futures are higher not a lot but they are up. Any green is a good sign for investors. Especially the speed and severity of the move down the markets around 2 00 p. M. Yesterday. Around 500 points were erased. The tech led the flip flop nasdaq ending lower after crossing up for the first time amazon, facebook, adobe, nvidia, et cetera. Most are higher right now premarkets. That reversal likely caused by news by california late in the day that it will roll back part of reopening imposing restrictions on restaurants, movie theaters and bars and students in los angeles and San Diego County School Districts are unlikely to return to physical classr
Market we have a great lineup of guests coming your way well speak exclusively with Morgan Stanley ceo james gorman. His take on the markets come back the read on the economy and the strength of the banks. Plus, you will hear from the ceos of macys, Signet Jewelers and brown foreman. Theyre joining us to discuss their path forward for their respective irz stroo respective industries. But lets begin with the Broader Market the rally, take the pause today following the rapid surge that pushed the s p 500 back into territory for the year if we close higher well get another record close for the tech hefin dechl. What you are watching . It does look that way, sarah. A recoil from the recent trends. The headline index is pulling back outside of the index. The majority of volume is to the down side. This is one day where the indices are understating the weakness they want to take a look at the one year really all the pullback meant is a little dip below 3200. It held there and bounced modestl
Secretary for health will discuss the u. S. Response to the spread of the coronavirus. You can join the conversation on facebook and twitter. Azor 47, the nazar 47 es of 47. The motion is not agreed to bring agreed to. Senate failed to move forward on nearly a nearly two 2ldren on a nearly trillion response to the outbreak. Impartial ling calling parts of a slush fund. ,ithout democratic supports republicans failed to get the measure passed and their own rank and file were down in numbers. Rand paul announced he is the first u. S. Senator to test positive for the virus. Reaction toet your the senate failing to pass that economic aid bill. Democrats, 2027488000. Republicans, 2027488001 and. Ndependents, 2027488002 text us with your first name and 2027488003. At we will get your thoughts in a minute. , senatort vote failed Mitch Mcconnell, the republican leader in the senate had this to say. [video clip] mcconnell republican and Democratic Senators spent days collaborating on a bipartisa
Activity as Economic Activity grinds to a halt here in the u. S. , the white house calling for half a trillion dollars in direct payments to taxpayers and says we could see bailouts for airlines, hotels, and cruise industries, all the sectors getting crushed in todays market and crude oil down a staggering 23 . Now trading just above 20 a barrel we have every angle covered for you. Bob pisani is on the floor of the New York Stock Exchange. Kayla is in washington with the response to lawmakers. And were covering the latest on the virus itself bob, first to you on another roller coaster ride today here at the Stock Exchange. We have a quiet morning i say relatively quiet, it was down 6 tach take a look at the s p i urge you to watch it emotionally. He said we need a 30spring break. This slow rollout of a shutdown is not working market dropped quickly to the lows of the day. We hit the Circuit Breaker at 12 50 eastern time, 15minute pause. We reopened. We have not dropped to the he second
Reporter the Alameda County Sheriff Department said right now there are no coronavirus cases in the jail. Reducing the inmate population would help them better manage future outbreaks. We are in a Health Emergency and we are doing everything we can on the Public Safety side during times like this tough decisions have to be made. Reporter they started Early Release process tuesday. Most of them are nonviolent low level offenders. There were some that were typically we would not want to release. There were people who had been involved in some assaults and assaults with Deadly Weapons or brandishing handguns. Reporter they were released because they have underlying Chronic Health problems. Do you think people should be concerned about the Early Release of inmates . No. Because if they do the same stuff they will be back in here. They dont have anything to worry about. Reporter they are not done. They will be releasing more inmates in the coming days. The Sheriff Department will work with