States right now in washington, fragile hopes for a stimulus deal remain Speaker Pelosi and secretary treasurer mnuchin are expected to talk this afternoon in hopes of getting a deal done. A full economic recovery has a long way to go and another expert said many lost jobs may not come back. All 11 s p sectors are lower 59 minutes to go we are making new session lows with the dow down 400 points. Lets get to the market downturn we just referenced. Mike santoli is tracking all of the action no trigger but a clear response. The only trigger that seems clear at all is the mark of 2 30 eastern time, when the downturn accelerated. It seems as if it is essentially kind of getting ahead of the close, peeling down exposure we did have that good rebound into last week from the late september lows we had some positioning indicators suggesting people were full up on equity there has been a pattern of strength overnight in equity futures opening up strong and selling throughout the day it seems li
Was nasdaq and s p 500 down almost 3 . Add boycott slit sit Major Companies pulling out of advertising dollars from social media giant is costing Company Millions anding to surngd pressure and down two and a a quarter percent right now. Boeing takes flight test of the 737 max begin this is week. The stock is up on the news this morning premarket up close to 3 and Federal Reserve Shopping List essential bank releasing name of companies that it is purchasing Corporate Bonds from. Including automakers, telecommunication companies, even beverage cocacola, plus china take more steps to plan down on hong kong frms and beijing says it will impose visa restriction on americans with what they call egregious conducts on Hong Kong Related issues. Mornings with maria is live right now. Global markets look like this european indices highser with the up a third of the percent and paris up about 16 points also a third of the and dax is higher than 34 points twothirds of one percent. In asia across th
On a potential drug that might help combat the virus. 59 basis points on the 10 year yield. Stimulus, moreal details, and whether congress will be around next week. Guy there seems to be some incentive for them to stick around. In europe, stocks are at session lows. The stoxx 600 down 20 , the ftse we have beener, positive and negative and now we are negative again. In terms of what we are seeing on the periphery of europe, italy coming out and offering its response to the brunt of virus. Its economy remains flat on its back with millions of people quarantine. Btp down 13 basis points. Lets start in the United Kingdom. Punch from the u. K. To counter the coronavirus. I 39 billion stimulus package, 30 billion pounds. This coming out after the bank of england announced a 50 basis point rate cut. Although the magnitude of the economic shock from coronavirus is highly uncertain, activity is likely to weaken materially in the u. K. Over the coming months. Temporary but significant disruptio
Equally strong on that, because at my brexit deal and you are the ones that are holding it up that would pressure labour into supporting it and if you need the majority to do that, but that does not look like is going to happen. What is labour thinking on this . It can be described as confused. You have Jeremy Corbyn to a broadcast earlier where he said labours position depends on the extension, that is a Crucial Point here that it is always been up to grant an extension regardless of mps, all 27 other eu Member States needs to agree, but they toured them to abstain in the knowledge that some mps would rebel against it because some labour mps are terrified of an election and some of them give the conservatives a double digit lead and they see themselves as potential turkeys raising for christmas. I do think Jeremy Corbyn is terrified of an election . I do not think so. We look at this second Labour Leadership Campaign they fought in 2016, he comes alive in campaigns. He feels much more
Also a busy day for the autonomy and post odd as hundreds of african migrants arrive on the island of land. Producer also hey, pump celebrates 50 years. We looked at them that could see the music, shondra facade, and global culture. A whole ballpark with the school to have the nicest restroom teachers from the safe at womens world cup, including one of the 5 of frame entities. Certainly part of the sale thats for the 2. 1, its time we are the internet. The welcome to the news. Our while fi is on the hawaiian islands. We have killed at least 53 people, but officials fed that number could rise under the buildings have been destroyed. Now the fires were fueled by dr. Agitation and funds by winds from hurricane dora, state officials of cold at the law, just Natural Disaster in hawaii is history. I know the question on your mind is when can i get back to my home . Just as soon as we can try to provide a certainty that we have recovered those that have perished. And thats really our, our goa