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Correction territory, the dow has to be down at least 361 points. We are down 766. The nasdaq has to be down 145. We are already down on the nasdaq at this moment by significant 276. And the s p has to lose a minimum of 68 points. S p right now down 87. Goldman sachs now believes that American Companies will see zero Earnings Growth this year if the coronavirus becomes more widespread than it already is. Backing up goldmans call, a slew of companies revealing new warnings about how the deadly outbreak could hurt their businesses. Countdown bringing out all the big guns for this final hour of trade. The head of the Worlds Largest derivatives and futures Trading Platform is here. Cme Group Chairman and ceo ....
Good evening,on eve welcome. Well, it was a record run on wall street this week. The major indexes breaking thugh alltime levels multiple times, led, of course, by Federal Reserve chair Jerome Powells capitol hill testimony mi where he signalled an Interest Rate cut or cuts might be near. In the end welose it out with triple play of record closes. The dow rose about 244 points to 27,332. The nasdaq climbed 48, and the s p 500 added 13 and closed above 3,000 for the first time. All threendes were solidly higher on the week. And while we sit here at record levels, the market will be turning its attention to earnings season which gets under way in earnest next week. Bob pisani tells us the one thing investors mt keep an eye on. Eerarning season is upon us, citigroup kicking things off on monday. For investors it will be abo ....
Good morning its still moving to the westnorthwest it will continue that track through bahamas and cuba these are the spaghetti plots. The actual track has it looking like it will make a landfall in south florida going into early sunday morning between now and then you will start to see conditions deteriorate you have really the rest of the day today if youre in key west f youre in south florida to finish preparations and get evacuations underway alerts going on. A hurricane warning issued overnight for south florida in the purple also for the bahamas, the northern coast of cuba as well and still for the Dominican Republic this is a huge storm out there thats making its way close to the continental United States. If did downgrade to a category 4 storm, but i want to talk about that what its doing now is going through an eyewall replacement cycle. So its weakening because t ....