Markets pointing to lower opening. Major averages. Take a look. The nasdaq lower by 65, the s p lower lower by 34 after the markets rallied last week, the dow, nasdaq and s p 500 second straight week of gains with market up on the session as you can see about 2 higher on the dow industrials for week. Oil prices having a rough morning, take a look at this. Taking a steep dive as the coronavirus slams demand. Crude oil now at 13. 54 a barrel. Holding china responsible, questions are swirling this morning about the origins of the virus. Chinas lack of transparency. Congressman andy barr to investigate chinas handling of the pandemic. Mornings with maria begins now. Noble markets look like this. Germany taking a step with reopening the economy. Some stores. The white house is allowing some companies to delay payments of import tariffs if they can demonstrate significant financial hardship, tariffs on chinese goods are not included in the interruption of the white house tariff program. In a
Cramer, david faber coming to you live from separate locations this morning its risk off following those onemonth highs from yesterday empire and retail sales for march were abysmal the worst on record. Below Expectations Oil below 20 earnings from citi, goldman, bank of america showed the major banks are, as expected, bracing for a wave of defaults some more than others when you look at the percentage of the total loan book at jpm and city. Jpm is the one that people decided wasnt that great. When i look at it, i think it had to do with tone. Jpmorgan, the crucial lines were something that were uttered by jamie, which were, look, may is not realistic. It will be june, july. The problem with basing everything on that is that you dont realize these banks are much more much better prepared than we thought you have a citi thats down from its tangible book value, its actual youll have multiples that are incredibly low because people feel the dividends are in question yet you have a tremend
And World Business report. As donald trump gets ever closer to the white house, will he heed calls to step down from his vast Business Empire once he becomes us president and put his assets in a blind trust . And where in the world will there be growth in 2017 . The World Bank Says brazil and russia will prosper despite the shadow of uncertainty from the United States. Welcome to World Business report. Im sally bundock. Also in the programme vw is on the verge of parking the Emissions Scandal in the United States. Details in just Emissions Scandal in the United States. Details injust a moment. In the last few hours weve heard President Obamas Farewell Speech with just over a week left in charge of the worlds biggest economy. Later today his successor donald trump will give a long awaited press conference, his first since winning the white house in november. And there are still questions about how he will separate himself from his vast Business Interests. In his latest disclosure, the P
Can monitor messages, thousands of documents claim agents can hack into Smart Devices. Haidi and on International Womens day, the gender gap has been reduced, but women still earn less than men. Rishaad we do have [speaking simultaneously] rishaad sorry about that. We have trade data coming out in the course of the next couple of hours from china. That should give us a lead as to which way the deficit is heading for the u. S. In particular. It could add to more risk when it comes to transportation trumps protectionist tendencies. Haidi lets take a look at the balance. Looking at strong numbers out of china. We will see if that can give a bit of a list to the fairly lackluster session in asia. Not a lot of drivers at the moment, quite a risk going into the end of the week, and of course i had of the fed meeting next week. Of the fed meeting next week. Singapore, malaysia, taiwan coming on line. Sophie kamaruddin has more. Sophie we are seeing asian markets falling, u. S. Stocks slower,
Books on marriage equality, the obamas vs. The clintons and he autobiography of marion barry jr. Bob woodward interviews john scandal. He watergate and anthony marx sheds light on the librarys past, present and future. Book tv, television for serious readers. Political strategist from both sides of the aisle recently discussed the potential impact of the latino vote in the upcoming mid term elections. Speakers include head of the hispanic Libre Initiative. Is hourlong event is from the latino elected and appointed officials. Its an exciting year politically as well. As you all know, in 131 days, well be will be election day in terms of the mid term election. What wed like to do to start off the Conference Today is to put this in the political context as to how we expect the latino vote and the latino candidates to do in the mid term elections. Its one of the major themes of this conference, the chair discussed some of the other major themes. Well be working on. But certainly the electi