All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments tuss efforts and whether cash is going to the right places and the countdown to another big afternoon of earnings. Uber, roku, dropbox and trip adviserme adviser. Well bring you all the numbers you need the know as soon as they hit were off the session highs. Dow high was 430 points. Up 206 just shy of a percent s p 500 and nasdaq still up more than lets focus on the big stories mike is tracking the market rally. Meg has the latest on moderna jumping on news surrounding its vaccine candidate, b
Im Morgan Brennan with melissa lee and mike santoli live here at post 9 at the New York Stock Exchange carl and jon are both off this morning. Weve got a big show ahead with shares of uber tanking more from our exclusive interview with Ceo Dara Khosrowshahi in just a few minutes. And later, dropbox dropping in a big way with those shares down 13 . Ceo drewhouse will join us in another exclusive at the bottom of the hour. But first, well begin with whats really been a wild week for the markets with the dow down triple digits again down right now about 165 points. What should investors make of the big swings in stocks that we have seen for this week . Bob pisani has those answers from the floor here for us bob . And the answer is that it depends on what the president is doing on tariffs and what the Federal Reserve is doing the president just making comments moments ago, not ready to make a deal on china yet, and thats frankly whats been moving the markets for the last week or so you see
To have a weak dollar. Well talk about all of this coming up. Big interview in davos historically just something that is usually not said by administrations or treasury secretaries. In reality, in the shortterm, currencies will fluctuate. Thats kind of what mnuchin was saying bob rubin thought all of these things, they would just never say the it publicly. This might not be the first time that this administration voiced things that other administrations didnt voice mike allen is with us, too. Its not something where you want to add thoughts to it i dont want to revisit the last administration, but we her defense of israel and we saw the way the administration actually stuck to their card, too. Exactly so they say what would you rather have, someone that smiles at you and says we love israel, then behind their back, netanyahu is ready to pull his hair out he doesnt have hair i had the opportunity to sit down with President Trump. We talked about trade, the dollar and his message to this
So domestic politics involve complex entanglements of emotions and technical issues. It may also incorporate contradictions and inconsistencies on various key issues. In other words, it does not necessarily lead to the rush into Digital Power independence. Remaining status quo, still the majority among the taiwanese general public, but the problem is that the definition of status quo is very still in dubious. What is status quo . Theres different interpretati interpretation. [inaudible] sovereignty still cover the mainland according to the constitution, taiwan has already become independent country so that no need to declare independence. But the prc six to 1992 consensus but only on the one china part is the individual interpretation. So the one china Party Support the interpretation of the socalled status quo. So the general publics preference to status quo only reflect a desire of maintaining stability. Its a situation. It takes a different kind of policy. So even all these twists a
Available more low band spectrum. The need is burgeoning by multiples. There isnt a lot of good low band spectrum left and this is a new and novel method that congress has put in place and the fcc is to implement. Tonight at 8 00 eastern on cspan 2. More now about taiwan. Of recent discussion that focuses here on the relations between taiwan and china with topics including the political and economic issue, antiChina Sentiments in taiwan and engaging young people on social issues. From the stimson, just shy of an hour and 20 minutes. When we get going, and if we have some late arrivals, theyll just fill in. Good afternoon. Im alan romberg. I district the East Asia Program here and its my pleasure to welcome you this afternoon. To a program on what i think is a really important topic and the fact that there are so many people here i think demonstrates very clearly that im not alone in that thought. We know that the situation in the region and particularly in taiwan and cross relations is