Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the future. Watch that stock go. Peloton is up 9 at 97. I have three quick headlines for politics and money. Microsoft says russian chinese and iranian hackers are targeting the 2020 election. No impact on the stock of course but this is a clear warning. Joe biden is embroiled in a teleprompter dispute. Does he use one to help them answer questions. Surely that is out of balance but articulate president ial candidate. In the nfl is back completely protest into and thumbs you will see it all. September 11
Yet fox wagon is keeping its china production facilities shut over persisting fears of the new coronavirus initially v. W. And others planned to resume production today the move comes as analysts try to gauge how hard the virus is hitting carmakers business now the impact could be particularly severe for german brands which make between 30 and 40 percent of their global sales in china alone. Car sales in china are falling rapidly in the wake of the corona Virus Outbreak the bank u. B. S. Expects february total sales to tumble by half a clear threat to popular german brands like b. M. W. And mercedes as if that werent bad enough extended factory shutdowns and supply chain disruptions the set to lead to a massive drop in production china has so far been a Success Story for german carmakers the overall market is in recession but german brands are still growing. Folks bargain notched up sales of nearly 4200000 passenger cars in china in 2018 the biggest single country for v. W. By far dime
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