The most successful ceos on wall street and beyond busy. What one big box is telling analysts amid panic buying its friday, march 6, 2020 and Worldwide Exchange begins right now. Good morning welcome to the show. Joining me the entire hour, Citi Private Bank global strategist who will write down all of the headlines for us now to this mornings top stories and breaking news. Wall street is once again licking its wounds after a wild day of trading yesterday a wiswing of more than 3 . Just four days, up 1,300, up again. You can see the dow is indicated again down 515 points. It is important, weve seen about 200 points in deceleration levels all of this coming off yesterdays moves. All the major averages are in socalled correction territory those were record highs. Those moves are happening with the treasury yields and benchmark hitting its lowest level in history listen to what double lines told us yesterday i think we are pretty low right now. I think maybe well get to 80 basis points i
Out. A little bit of brinksmanship, or brinkmanship, i should say, as joe corrected me. Less is more there are a couple more brinks, a couple senators youve got to wonder about. Okay, then. What happens with Susan Collins, what happens with lee from utah, who said hes undecided lee who mike lee . Oh, mike lee. Who wanted got two first names its confusing i dont trust people with two first names. Do you yes, generally. You do . Yeah. I think its confusing. Well youve got three, youre fine. Ive got three, three names some people say andrew ross, two first names, even though no, im talking about when your last name is a first name. Chris christie . Theres a lot of them, bill george, ted david. I just made that one up. I dont really think there is a person by that name. All right, lets look at what else has been happening in the markets. The tenyear note, one weve been paying attention to, too. Earlier this week you saw the tenyear pushing above 2. 4 , but now were back below 2. 36 . A cou
Stock to talk about. Japans Prime Minister, shinzo pledged to lower Corporate Tax rates. The shenzhen composite index rose more than 3 . That is its second gain in a row. Indicate u. S. Stocks will open higher. S p 500 closed that more than 2 yesterday. Europe is being told it is time to act, and governments must take in 160,000 refugees from Northern Africa and the middle east. European Commission President Jeanclaude Juncker urge to the continent to share the burden. He spoke to the European Union in france. All of us should remember that europe is a continent where nearly everyone has at one time been a refugee. Our common history is marked by millions of europeans fleeing from religious, political persecution, from oppression. Ramy he did not use the word quotas, but he said it must be compulsory. There has been a shakeup at United Airlines. Ceo just my sick and two other officials are out. It has to do with a federal investigation into ties with the port of new york and new jersey
It is both a military mess and a political mess. Embattled iraqi Prime Minister Nuri Al Maliki made his first Public Comments since the u. S. Air strike, saying he will not step down. He says he plans to file a legal complaint against the new president for a clear constitutional violation. Troop movement overnight in baghdad had people wondering, is a coup under way . Is he starting one or preventing one . This is video of fierce fighting on the ground in iraq yesterday. Helped by u. S. Bombing raids, the Kurdish Forces overtook isis. Well have a live report from erbil, the capital in a few minutes. Scott has our top stories. Kinder morgan consolidating assets in a 44 billion, bringing all of the companys publicly traded units under a Single Corporation, rather than the current Master Limited partnership structure. Buzzfeed is expected to announce a new cash injection today that could value the company at about 850 million. The New York Times reports the online media startup just close