Good morning, im Courtney Reagan live from the nasdaq marketsite in times square futures look to erase at least part of yesterdays very massive loss right now, futures are indicated higher by 443 points, s p by 53 and nasdaq by 173 points it was a rocky session over the past 12 hours. The dow futures well off session lows indicated higher by 556 points the dow plunging more than 2,300 points down 10 the worst day since black monday of october 1987 when it fell the dow and s p 500 are on track for the worse week since 2008. A sea of red in asia but now green across the board in europe the ftse 100 higher by 2 . Mat taylor is live in singapore and Steve Sedgwick in london it was a rough session for the asian markets. They were well and truly off the lows a number of markets turning back bear market turn around in hong kong still around by about 1 trade was halted amid steep falls. Up 3. 4 for the week down some 13 . Japan was the biggest decliner around about 10 at one point. No money go
Two states, vermont and virginia. And in one half hour, they will close in North Carolina at 8 00 p. M. , polls will close in another six states. Cspans 2020 coverage will allow you to hear from the candidates. Mike bloomberg rally. Bernie Sanders Party nrm vermont. We will be meet with joe biden who is in los angeles looking for lastminute votes. And with her eye on next weeks michigan primaries, senator warn in is in detroit and Tulsi Gabbard and we expect her event will begin shortly. As we show you candidate events, we are seeking your comments on the president ial primary and on democratic voters. The line for you is host our live coverage of tonights candidates events. But its not all president ial politics tonight. There are other races to keep an eye on. And steve is doing that. Ms. Stevens the net and Bernie Sanders is a winner in vermont and in virginia, they declared biden is a winner. A lot of key races in texas. The results are available on cspan. Org beginning in the 12th
That statement. Iranian leaders, they have made statements. They have largely avoided the bellicose language we have seen in the past. Overnight, leader ali khamenei says it was a slap in the face to america. They say they do not seek escalation or war. Obvious question this morning, was the attack deliberately proportionate, a oneoff that makes a point but doesnt risk a devastating american response . Can the iranians risk taking action that results in allout war . Their economy is collapsing. They are out of cash. What will the president say this morning and how will he say it . Escalation . A threatening tone . We will find out soon. Now look at this. Yet again, the market is largely shrugging off an attack in the middle east, in the middle of the oil patch, no less. When the news broke, futures showed a near 400point drop but look at it now. Down maybe 20 for the dow and all of that loss accounted for by just two dow stocks which we will mention momentarily. The s p is going to go
Not to say were on fire ten times this morning, but i need new words for all of this, the dow is up 95 in the premarket. You had a historic day on wall street, all three major averages hit record highs last night. The nasdaq marked a milestone, closing above 9,000 for the First Time Ever on the nasdaq. Jack, your reaction to what youre seeing . If youre a Football Team youre playing good special teams, offense and defense right now. The market is really on fire. And its incredible to see. When i saw the numbers come out after the holidays, that was impressive. To see the consumer so strong, people are going to work, people are finding jobs. I got so many friends that have two jobs now. Folks that dont make a lot of money, their education levels arent that high but yet theyre able to provide for their family and i think thats what really matters is the middle class is getting a boost right now in this economy. Cheryl what youre saying is that people have jobs but theyre not their wages
Track to end the week lower. Check out the bright spot. Nikc nike, the best performer in the dow. Were hours away from the last jobs report of 2019 get this, its the last one of the decade high hopes and also high on certainty. Job growth remain strong depiet an undertow of decline and Capital Spending and manufacturering. 187,000 that would reverse the 128 last month the job growth needed to keep the Unemployment Rate low indicator have been mixed as we go in. Ism service expanding. Claims have been up and fell back down. The lowest level since may in the last 12 months theres been three distinct levels of job growth it dropped back down do the 143 area then it picked back up will the real jobs number please stand up given that the fed is on the side line the economy is weakening more than already thought there werent really workers to hire well talk about that right now. We want to keep the jobs conversation its in the market for worker right now. Please welcome Jonathan Tisch. Good