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That the hefed puts out, down severely. We will tell you the sectors suffering the most and no, it is not travel and leisure. As the Dow Jones Industrials fall to about 323 points, that percentage is a loss of about 1. 33 but look at the russell 2000 small and midcaps losing near double that amount. This selloff comes as the u. S. Sees the highest number of coronavirus deaths in a single day, 2405. At the same time, President Trump threatening to pull funding from the world health organization. Coming up, one allamerican fortune 500 company is doing the complete opposite. Colgate palmolive teaming up to get its soap to a world absolutely desperate for safe hands. But its the virus antibodies everybody really wants. Coming up, this is the Silicon Valley disruptor that is speeding up plans to launch its lifesaving drones in america. The cofounder and ceo is about to show you, youve got to see this, how they have been delivering blood, plasma and medicine to remote regions in africa for y
GermanyNew-yorkUnited-statesGeorgiaSouth-dakotaWashingtonChinaRwandaWhitehouseDistrict-of-columbiaCaliforniaCanadaStories. We begin with ongoing protests in hong kong. President trump signed a bill backing protesters. This pump to china to threaten retaliation against the u. S. As it nears a phase one trade deal. The chinese spokesman saying u. S. Stopsuggest the sticking obstinately to its course or china will take resolute countermeasures. Where does this leave them in that phase one trade deal . Reporter it is very interesting because for several days, weve had the chutneys threatening nonspecific countermeasures, but there havent really got into any detail. The most weve had is the suggestion they might put a ban on those who drafted the bill from entering china or hong kong, which is a pretty lowkey response. The fact that we had several days of this without any suggestions without any specifics suggests beijing is grappling with how to handle this. It is clear the u. S. Once a trade deal done very soon. The chinese want a trade deal done as soon as possible. They dont want to bring in tensio
New-yorkUnited-statesJapanAfghanistanHong-kongUnited-kingdomTexasBoliviaBerkshireBrazilBeijingChinaThe nasdaq up better than 1 . Thats a rally. By the way, the yield curve is not inverted. Treasury rates are now firmly above their lows of the last two weeks. Got a question for you. Why would apple, with over 200 billion in cash, borrow even more money . They are jumping on the cheap money band wagon, issuing bonds along with cocacola, disney, deere and a host of other Blue Chip Companies. They are making hay while cheap money flows. And they will pull in money from overseas, too. Over here, corporations pay interest. Over there, not so much. In a moment, you are going to see the extent of the devastation in the bahamas and dorians track. Its strengthening and heading for the carolinas. Varney company about to begin. Stuart we start with the hurricane. It is now a cat 3 storm as it makes its way up the east coast and takes aim at the carolinas. Meanwhile, in the bahamas, more images emerging of absolute devastation. At least 20 are dead. That number is expected to rise. Jeff flock is
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