And oil down 6 to 2860 and change oil now on pace for its worst month ever and here is a stat that really sets the tone for how things have been and it comes from our friend ryan detrick at lpl financial. It markets the serventh straight session that was up or down and this breaks the previous record of six such volatile sessions set all of the way back of november 1929, a true sign of the times. All of the markets rising today. It is clear that we are in unprecedented times for the markets and the economy, but we are here for you here on cnbc with the folks working tirelessly around the clock. Bob is downtown and steve has more on the Federal Reserves move and most of the action came from inside the beltway. Lets get to Kayla Tausche with what was live with the white house response. An unprecedented stimulus package the white house is proposing, 1. 3 trillion in relief for businesses and workers whose revenues and wages are grinding to a halt the treasury secretary Steven Mnuchin putt
Key. Trade tensions, not healthy matters. President trump opening a new front slapping dozens of new terrifs on goods coming out of the European Union and more road blocks for tesla a Record Number of deliveries was not enough to satisfied share holders. Worldwide exchange begins right now. Good morning and welcome. Shares of tesla setting up for a rough morning despite posting a Record Number. Tesla shares off by about 5 the stock has been struggling this year dpoun nearly 30 first, an october gut check for stocks, the dow plunging more than 400 points on the second day of trading in the Fourth Quarter. Over the past two days, the dow has she had 3. 1 the s p down 3 to start the month as well. This is the first time in its history, in its history the s p kicked off the Fourth Quarter with backtoback drops of a percent or more a piece. This morning, stock futures pointing to what could be a modest recovery at this stage. You see hear the dow especiallyiopening by just seven points. The
I think he if hes understated he wins he has a gift for attracting our attention the opposing party his response does not seem to kenya even remember one that really mattered. In opposing yeah you know the after speech from the opposing party you know the democratic response in this years case you know has never really started late and i think sometimes by their choice they theyve had their moments and there was one occasion where it was cuomo or someone who set themselves up as a front runner the speech so it can be a moment depending on who who selected what they do with a thank you president ial historian doug weed. Coming up at the one year mark in his presidency what is the state of trump enter the no hollering zone with our Political Panel next im hala cook this is the big picture on our t. V. America. Thats right the stand. Alone white house. I know that i know rather than i think there are rather across the aisle for the kids that are. Only on that combative. Kick and. I dont t
Now. And welcome to power lunch. Im milissa lee. Holding steady this hour, dow managed to hit another record high right at the open before pulling back here. Apple one of the biggest drags in the session this after the company acknowledged cellular connectivity problem with its new watch annadarko, a massive buy back and fifth straight day of gains and near session highs on pace for a fifth positive day in six we begin here with a developing story. President trump announcing new sanctions on north korea eamon javers has the latest. Hi milissa. Alongside south koreas president moon at an event in new york city. The president saying, first, the United States had put new sanctions on north korea and also that the chinese president had told chinese central bank, told banks in china not to do business with north korean entities indicating the chinese are getting serious about exactly what he wants them to do in terms of north korean trade what the president had to say thanking chinese presi
Further evidence about the manner in which of supervision and after care of Child Migrants, and the debates and grounds are concerned within volu nta ry and grounds are concerned within voluntary organisations. During that hearing you will hear from representatives of the key institutions and organisations involved in the Child Migration programmes. We expect you will hear further evidenced in part two from Oliver Cosgrove and david hill and octagon free is, who will give further evidence about what she has described as early warnings and missed opportunities and doctor humphreys. The experts will also impart to provide more evidence about reports of sexual abuse at several specific institutions, about issues of knowledge and response more generally. Turning briefly to some logistical issues about the evidence, as you have said it is anticipated some evidence will be live, someone will be read, someone will be by video link. It is anticipated the majority of questioning of witnesses li