Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou
600,000. Los angeles is facing a new lockdown. Tokyo and hong kong reporting record numbers. Australia is set to deliver a new budget, may be the biggest blowout since world war ii. Lets take a look at how we are setting up when it comes to markets. Ures this is how it is shaping up when it comes to the future contracts. A Third Straight week of gains when it comes to the s p, managing to withstand the lakesession latesession wound. Slow but steady rotation away from growth in tech. Much more going into value. Futures are up by about 0. 1 . Positivity when it comes to the trading in tokyo, just about 0. 2 higher. Chicago nikkei futures are higher, all eyes on whats going on in brussels with now three days of negotiations in the eu to reach this agreement on the stimulus package and hand out details. We are hearing details, including that the netherlands and austria remain the strongest holdouts in the eu recovery talks. A bit of anxiety playing through when it comes to the eurodollar t
Retail certificate going to zero not every biotech will keep growing every day. Thats the way it feels on a gay when oil imploded. The stock market got slammed because of it. Dow losing 592 points. S p sinking 1. 79 , why, of course its got a lot of tech and biotech. I dont blame a soul for being confused here. Buy, buy, buy a. Sell, sell, sell. The situation is, confusing were in Uncharted Waters now. It doesnt lend itself to easy explanation. We have to take them one at a time because some of these are so extreme they almost feel like science fiction. Like the price of oil falling to negative 37 and change today. Yeah, thats right you heard me, negative 37, minus sign lets start with oil as that meltdown was terrifying to watch. At dawn crude was a buck and a half, little below 20, seemed okay by the time the stock market opened it was down to 11, negative whoever owned the oil last had to pay someone else to take it off their hands. Next thing you know it was negative 10, negative 2
A religious gathering potentially exposing them to the virus. More business the company in gaza this rehiring staff to can fill huge demand for medical clothing. Stand with sports including an Emergency Fund for football clubs a big and small struggle during the Global Health crisis will governing body pfieffer says its planning to dig into its 2700000000. 00 reserves to help get them through it. So the number of deaths in spain from coronavirus are continuing to rise so thorough its use of recorded 849 fatalities in just the past 24 hours that is the highest figure so far and its the 4th day where more than 800. 00 people have died and this brings the total to more than 8100. 00 spain is now the 2nd worst hit country in the world after italy lets go straight to marjah where who joins us from madrid in march are the figures im afraid bleak fill us in on the latest if you. Yes well if we take a look at the evolution of the number of infections in spain in the past 3 days we can see that
Cases and new york has opened its first drivethrough testing facility the doctor behind that program is going to join us in just a few minutes here kelly. All right bill, thanks our team of reporters is covering this story for us bob pisani is watching this rally fade and then try to come back today Rick Santelli is tracking the bond market where yields are moving up. Eamon javers is at the white house awaiting a press conference from Speaker Nancy Pelosi any moment now and from President Trump at 3 00 p. M. Eamon, what can you tell us . We got new information from the white house. The president was scheduled to hold a meeting with ceos and got as list of the ceos here and this gives you a sense of what the president is working on right now. Theyre saying that it included in this meeting are richard from walgreens, Brian Cornell of target, Doug Mcmillon of walmart, Steven Rokowski of quest, matt from roche and a number of other ceos i apologize for butchering some of the names in the p