Last night leasing a 2. 2 trillion dollar relief proposal last night. Joining us is emily wilkins, bloomberg congressional reporter. This mean something can get done, or something wont get done because it further polarizes any talks between pelosi and mnuchin . Emily i think we should look at this is a little bit of a lastditch effort on the part of the house. They have come down from 3. 4 trillion down to 2. 2 trillion. Theyve made it very clear they are serious about this. They have some Democrat Members in these very difficult races, having to go home and face constituents who are really hurting right now, so they are pushing for something to get done. Pelosi has said that the republicans need to come up on their offer. They have been this way for several months, so it is kind of now or never, but things dont ticket levy optimistic at this point. Guy do you think there is any chance that the president pulls a rabbit out of a hat tonight if he starts talking about what is happening w
We could slay the bear today as the dow is rallying for the Third Straight day despite a shocking, shocking record high weekly jobless claims number. Take a look at the markets right now. We just went above 1,000 a couple minutes ago. The dow is about 1,006 higher. The high was 1219 points for the dow. We are watching that number. S p is up 116. Nasdaq is up 296. A gain of 4 . Again, the dow and s p could notch three Straight Days of gains today. Weve got an hour to find out. So the dow is trying to break out of that hibernation. The number to watch, 1,109. 77. Write that down. If we can close above that, we will have rallied 20 from mondays low. That means we technically exit the bear market. Our floor show panel will give us more perspective on what that means to all of you. And as the u. S. Death toll from the coronavirus tops 1,000, one tech company is working to help john hopkins and astrazeneca to find a treatment or cure. Hes here in a fox business exclusive. We have been talkin
The pharma giants ceo joins us live and a big downgrade for one of the big streaming stocks we will debate in call of the day. The Investment Committee is ready to go. The Halftime Report starts right now. Welcome. Good to have you with us on this monday our Investment Committee, joe tear nova, josh brawn, steve wise brand and rob seechin. Lets begin with the markets stocks at session highs. Dow going for its close above 29,000 all this in what is a critical we can expectations are high. Positioning is pull bullish. The numbers better live up dont you think . Numbers i think will in certain instances have to meet high expectation i agree with that, scott but it seems we have rolled into 2020 and not much changed from 2019 you have been able to disburse allocations a little bit outside the u. S. Chinese equities are off to a strong start the iem both of those performing well. We are in earnings season. I think the pressure is on Financial Institutions more than any other sector i agree
Chan change, which is why you have to stay with us europe has been open for some time yesterday after ours moved lower on sunday. There you see, italy is the best performer this morning the 10yr note have been hanging around 278 and there is wti and brent is trading as it does a bit above that lets get to our road map this morning, we are going to help you make sense of what suddenly becomes these wild swings. Steve wynn is out, he steps down as his role of ceo of wynn resorts. The shares of wynn are up. Disney reports better earnings at the bell yesterday well hear from the ceo, offering screaming apps and particularly the espn app. Futures are lower this morning setting the stage for what would be another volatile ride today for stocks. Recovering half of the losses for monday sell off. The dow traded in a range of 1,000 points on tuesday. It was up 500 points and down 500 points chris will keep talking about points percentage wise, nowhere near what we see in the past jim, people ar
Agreed on methodology. It is a step forward. It is a sign that we can make progress. Manus we speak with the russian president , Vladimir Putin, at the Russian Energy weak 2017. 2017. Rgy weak manus you are welcome to bloomberg daybreak europe. It is our flagship one show right here in the city of london. I am manus cranny. Anna i am anna edwards here in manchester at the conservative Party Conference. Yesterday we heard from the free brexiteers. We will hear more about frexit. Theresa may will take to the stage to tell the party to shape up, quit squabbling focus of the voters. Boris johnson seems to fall in line with the rest of the party. We need to check on the markets. The september swoon for the dollar seems to be being questioned. Manus it is indeed. The brexiteers, you we will interviews. Ur and this interview with liam fox at the trade and upon interview with liam fox at the trade. We will talk fx markets and sterling with david bloom of hsbc ahead of theresa mays keynote spee