Street ceos are heading there this afternoon to discuss solutions in the next hours, as investors await some relief. Kelly . All right, tyler, thank you very much. We are all over this major moment for the markets today meg terrell has all the latest numbers on the coronavirus, which is now being called a pandemic bob pisani is watching another thousandplus point drop for the dow. Rick santelli is out in chicago watching the bond markets. Eamon javers is at the white house where a lack of details on the stimulus plan is adding to this selloff. We begin with bob at the New York Stock Exchange. Robert in the absence of nif positive news out there, the markets keep drifting lower. Heres the dow we had a little mini rally going here, not dramatic, but a mini rally. And around 12 30 right here, we had the word from w. H. O declaring it a pandemic here i think that took a little bit of steam out of the market as you can see, were sitting near the lows for the day. Whats moving . Three things
Testing limit down down by 5 as far as they are allowed to trade down before the open the number to watch this morning is down 136 for the s p. We have touched those lows and bounced off. We are not far off dow futures are down by 4. 74 . Nasdaq down 4. 6 after the opening bell, there are other Circuit Breakers you with watching. They would be kicking in with trading halting over a period of time down 7 this morning if that were to happen, youd see a 15minute halt after trading started. Next is if markets dropped by 13 . Then the third level is after 20 . That would be a halt of trading for the day. We have not seen these tested since 1997 until the last week of trading thats what we are watching so closely. If you take a look at the treasury market, you see the 10year note is 0. 71 . We got back to. 8 or so yesterday. With the yield, i was hoping they would have sold off talking to folks yesterday worried about what looked like it was better than going and maybethere could be problems
Word that the Trump Administration has completed a phase one drug deal with china. Thats calls for pushing back on tariffs on chinese goods. 50 billion in exports scheduled to kick in sunday. Well find out if that is the case. Michael pillsbury is here to join us on all of this. Wall streets vote is already in. The dow surging ahead 225 points, and the s p 500 up 26 points. The nasdaqs 117th close in the trump era. Two principle aspects to the trade agreement reached between china and the United States. Economically what benefits each country. What does each give up and what will rehave as a result in balanced reciprocal trade and politically what are the up reply cases for u. S. National security . With us tonight to take up all of that, dr. Michael pillsbury, hes director of the center for chinese strategy at the hudson institute. Good to have you with us. This is an extraordinary step forward. It is, however, still clearly unformed. What are your thoughts . I think its a tremendous
Word that the Trump Administration has completed a phase one drug deal with china. Thats calls for pushing back on tariffs on chinese goods. 50 billion in exports scheduled to kick in sunday. Well find out if that is the case. Michael pillsbury is here to join us on all of this. Wall streets vote is already in. The dow surging ahead 225 points, and the s p 500 up 26 points. The nasdaqs 117th close in the trump era. Two principle aspects to the trade agreement reached between china and the United States. Economically what benefits each country. What does each give up and what will rehave as a result in balanced reciprocal trade and politically what are the up reply cases for u. S. National security . With us tonight to take up all of that, dr. Michael pillsbury, hes director of the center for chinese strategy at the hudson institute. Good to have you with us. This is an extraordinary step forward. It is, however, still clearly unformed. What are your thoughts . I think its a tremendous
Word that the Trump Administration has completed a phase one drug deal with china. Thats calls for pushing back on tariffs on chinese goods. 50 billion in exports scheduled to kick in sunday. Well find out if that is the case. Michael pillsbury is here to join us on all of this. Wall streets vote is already in. The dow surging ahead 225 points, and the s p 500 up 26 points. The nasdaqs 117th close in the trump era. Two principle aspects to the trade agreement reached between china and the United States. Economically what benefits each country. What does each give up and what will rehave as a result in balanced reciprocal trade and politically what are the up reply cases for u. S. National security . With us tonight to take up all of that, dr. Michael pillsbury, hes director of the center for chinese strategy at the hudson institute. Good to have you with us. This is an extraordinary step forward. It is, however, still clearly unformed. What are your thoughts . I think its a tremendous