This hour. But the city where it all began is getting back on track. China lifts travel terms in wuhan, ending 11 weeks of lockdown that disrupted the lives of millions. Shery we are seeing kiwi stocks gaining ground. We had seen u. S. Stocks under a lot of pressure today. There was a lot of volatility. U. S. Futures continue to fall 3 10 of 1 . We have surged as much as 3. 5 in the u. S. Session, but that really wasnt supported through the end of the trading day. Bk futures also down nikkei futures down after japan unveiled the 108 trillion yen stimulus package. We have seven prefectures that declared a state of emergency. Current account balance and trade balance this hour. We have crude at the moment rebounding after falling to the weakest level since the start of the month. Trump hassident threatened to withhold funding from the world health organization. He has been telling reporters at the latest coronavirus White House Briefing that he is considering doing just that. Bealso said
We are seeing once again some interesting divergence within the market. The dow climbed to another record and rise for the six of the past seven sessions gaining more than 1 , the s p is on his heels, almost a quarter of a percent. The lag once again is the nasdaq. Only up one third of 1 . A strategist of bloomberg estimates talk about paying attention to that nasdaq underperformance might mean that some of the rumbles we got last week in the rotation out of Technology Going into year end, that movement might not be over. Something to continue to watch their. Also, we are talking about the big deals this morning that we have been talking about scioscia for several weeks. Now it is official. Cvs agreed to buy aetna. That isading well below analyst are asking questions about antitrust approval. Particularly after the Justice Department sued to block at ts purchase of time warner. Orther instant implication more of what this is a reflection of is working broadly and health care. Take a lo
President trump thank you all very much. Mickt to congratulate mulvaney who has been confirmed finally. We waited a long time. He is going to be absolutely correct. Great. Ive known him for a long time. Unfortunately the budget we are inheriting, essentially inheriting, is a mess. Finances of our country are a mess. We are going to clean them up. The things that we have been doing including negotiating deals that have artie been negotiating, we collect renegotiating on airplanes and lots of other things, military items. Many more planes free, we are going to save you lots of money. We have already saved a lot. Billions and billions of dollars that we have saved. We have an office work to do as the National Debt doubled over the last eight years. Our debt has doubled. I want the American People to bew that our budget will directing all of our departments and agencies to protect every last american and every last tax dollar. We are going to be spending the money in a very, very careful m
President trump thank you all very much. Mickt to congratulate mulvaney who has been confirmed finally. We waited a long time. He is going to be absolutely correct. Great. Ive known him for a long time. Unfortunately the budget we are inheriting, essentially inheriting, is a mess. Finances of our country are a mess. We are going to clean them up. The things that we have been doing including negotiating deals that have artie been negotiating, we collect renegotiating on airplanes and lots of other things, military items. Many more planes free, we are going to save you lots of money. We have already saved a lot. Billions and billions of dollars that we have saved. We have an office work to do as the National Debt doubled over the last eight years. Our debt has doubled. I want the American People to bew that our budget will directing all of our departments and agencies to protect every last american and every last tax dollar. We are going to be spending the money in a very, very careful m
Senator grassley you want to be first . You set up for big meetings this week. What are the takeaways . Sen. Grassley concern about what is going to happen as a result of repealing the Affordable Care act, what is going to take its place. The other one is immigration, and the other one is general dislike of what trump has done to this point. What do you think there was a question about Steve Bannons comments at cpac. I think he said his vision is destruction of the administrative state. Do you think that is the right vision . Sen. Grassley i think what he is talking about is just those things that administrators do beyond what the law allows. For instance in the case of waters of the u. S. , epa ruling. That is being held up by the courts in ohio, i guess. Nationwide as well. Then what the president did on legalizing 4. 5 Million People that he figures he can do by administrative orders. The courts have said that is illegal. Before scalia died, the last opinion he wrote was on the epa