You do. A new ceo at ford, what jim farley needs to do to get the stock out of the breakdown lane. And microsoft in talks to acquire tiktok. Why the videosharing app is so popular and what it means for microsoft investors. On the barrons roundtable, ben levisohn, carlton english and al rupe. Ben, before we get to the dollar and gold, i just want to ask you, were most of the way through earnings season right now. We knew it wasnt going to be pretty, but is we learn have we learned anything new about the health of Corporate America Going Forward . Its a lot better than people originally thought. 82. 3 of companies beat, which is a really amazing number. The last four quarters was about 71 . And historically, the average is around 64 , and they beat by 22 , so these are huge beats. But theres also worries that these numbers cant be sustained, that they were onetime factors that held to the fact that things were going to get tougher ahead. A lot of it is being explained away. Jack ben, you
A new ceo at ford, what jim farley needs to do to get the stock out of the breakdown lane. And microsoft in talks to acquire tiktok. Why the videosharing app is so popular and what it means for microsoft investors. On the barrons roundtable, ben levisohn, carlton english and al rupe. Ben, before we get to the dollar and gold, i just want to ask you, were most of the way through earnings season right now. We knew it wasnt going to be pretty, but is we learn have we learned anything new about the health of Corporate America Going Forward . Its a lot better than people originally thought. 82. 3 of companies beat, which is a really amazing number. The last four quarters was about 71 . And historically, the average is around 64 , and they beat by 22 , so these are huge beats. But theres also worries that these numbers cant be sustained, that they were onetime factors that held to the fact that things were going to get tougher ahead. A lot of it is being explained away. Jack ben, you write i
Major breakthrough in treating the coronavirus, a steroid that could cut deaths significantly among the sickest patients jay powell assuring the market is willing and able to backstop the economy. And finally, fiscal stimulus reports the white house is preparing a trillion dollar infrastructure package for everything from roads and bridges to 5g network. So, were these the three things the market needed to hit it big today . The three horsemen. Hi, mel. Hi, guy how are you well, i mean, they definitely helped, and im looking forward to Jerome Powells testimony tomorrow when somebody asks him what his favorite hardhitting question, what his favorite color is thats always riveting to me its all about the fed i think we all agree with that their commentary has been nothing short of astonishing the infrastructure supposed infrastructure bill, obviously, caught everybodys attention im hard pressed to believe that will get through this year given the divide we have, politically. The covid ne
Breakthrough theyre preparing a long promise but never delivered infrastructure bill. The s p 500 is higher by 2 . Broad rally today well speak with the House Majority whip about his call for big banks to die eventualth more information about the Paycheck Protection Program and whether it favored Big Companies over Small Businesses plus, as sarah mentioned, a major breakthrough thats what searchers are calling a new study into the effectiveness of an inexpensive steroid to treat covid19 patients you dont want to miss that interview. One of the factors behind the surge in the markets today lets focus in on the big markets. Mike santoli, we have the highlights from chairman powells testimony earlier today. Courtney reagan is covering the surge in retail sales. And meg has details on those new hopes for coronavirus treatment that we just mentioned mike, lets start with you the Broader Markets are up about 2 on the s p 500. This is an impatient. 3130 is the high of the day. There is a high
Statistics in march the Dow Jones Industrial average finishing down 13. 7 there were three drops of 2,000 points or more overall, the index traded in a nearly 9,000point range and half of the dow 30 lost more than 10 or more of their value for investors, all within a 31day month where so much changed in the markets and really, so much changed in the world. Also, you know what changed . Oil falling 67 so far this year a number of oil stocks have lost 90 of tlheir value in 2020 all because of demand destruction and the price war and the economy on edge because of, what the coronavirus. Covid19 and when the White House Press Conference Begins we will take you to any major marketmoving headlines or headlines concerning your health that you need to know from that press conference when it begins and now a daily occurrence at 5 00 p. M. Eastern time i am bright an sullivan and i know it was a tough start, and guy adami, tim seymour, Karen Finerman and chris vrone guy adami, lets do what we do