Effective, it brought down the market up the day about 39 points s p 500 had given a run for the money. We are below that 2,800 level. S p up about 4. 5 keeping in mind the treasury yields right now, the 10year seems to be yielding 0. 606 andrew, ill send it over to you. Well give you an update now on the pandemic numbers. Global cases have reached 2. 7 million with 869,000 in the United States. The death toll in the u. S. Is nearing 50,000 new york cases have hit 263,000 and new jersey over 100,000. Georgia plans to reopen. They have the most confirmed cases with over 21,000 well talk about that throughout the morning. Yesterday, new york Governor Cuomo shared early results from the study of 3,000 people that said one in five new york City Residents tested positive. That means as many as 2. 7 million in new york already encountered the virus and survived and never knew it questioning the available of the test but said new yorks test was reliable enough to determine immunity thats base
Im Courtney Reagan. Stocks trading again in another fa narrow ray but another high. A volatile session for oil. Saudi arabia and three other countries cutting ties with qatar raising concerns about supplies. More on this as oil prices fall. And whats moving. A major cancer conference under way in a number of biotechs rallying as a result. Loxo and puma among them. Herbalife down 6 of its latest outlook. Brian . Here is what else is happening this hour. Csx shareholders approving a proposal to reimburse 84 million for arranging the hiring of a new ceo hunter harrison. The ceo of mantle ridge, by the way, is the vice chairman of the board for csx. In the skies the good times continue to roll. Airlines globally are collectively raising their profit forecast. The Industry Group that represents more than 200 Airlines Says the profits should top 31 billion this year. Thats about 1. 5 billion more than previously forecast. And the Supreme Court scaling back the s. E. C. s power to recoup prof
You. Hollywood legend best knownek for her role in the sinking inkn the rain collapsing fromollaing apparent stroke. Rent strok one day after the death ofth o Carrie Fisher. R well look back at her life andd legacy and how hollywood iswoodi remembering her. The search for missingng bethesda man goes cross countyoy he hasnt been seen in weeks. Ie who just used his cred deadde card . Ca retaliating against russia. I we can learn how the white housh plans to punish the kremlin forf reportedly interfering with thet us election but the move couldou drive a deeper wedge between the president and his successor. Or well tell you why. And later, the countdown to 2017 from security to spending d to stepping up your party game. M were getting ready for theor te celebration of the year. Y good day at 9a starts now. Very appropriate song forg f many reasons today. Od good day d. C. It is 9 01 on thii im maureen umeh alongside erin, steve, wis dollar. Dla holly has the morning off. More coming up on
Barbie girl for throwback thursday. Good morning. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Throwback thursday, and were throwing it back with onehit wonders. Thats unfair. Im sure they came back with a second one. Im sure you knew it. I dont think they did anything else. At least one in the uk. Lets check in on the Global Markets after that big reversal yesterday in stocks where the dow was up about 200 points, we were sitting there and tlen it clothen it closed lower. A number of factors, including what cramer called the equity bad mouthing, saying how some see stock prices overvalued. The yields were kind of in search for direction all day yesterday. A bit lower this morning. 2. 34 is the yield on the tenyear. That was after a strong adp report on private sector jobs showed 263,000 added during the month. That was sort of weighed down throughout the morning by sentiment and by the fed minutes. I think worth talking about the minutes in more detail because
Good morning, everybody. Im becky quick along with joe kernen and Andrew Ross Sorkin. Joe, nobody can put anything by you. Youre right, it is 2013. Our top story this morning, call it a breather or a break, but the winning streak has been snapped after an eightday run for the s p 500 giving background. Not much, but it is enough to stop the longest run in eight years. The s p 500 dropping about three points, but the index still remains a hair above 1500 and some people will tell you thats pretty important. The dow finishing lower after bouncing around the flat line all day. The dow standing at this point at 13,833. But the nasdaq showing some signs of life thanks to roadway bound in apple shares. The nasdaq closing at 3154. Apple shares up about 2 yesterday. Also yesterday on squawk, jpmorgan strategist tom lee made the case for the dow hitting 20,000 in the next couple of years. When we look at multiples, you have to keep in mind mid cycle s ps are at 13 been were at 1257. Triple yiel