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Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats ....
to report the earnings come out after the bell, where corona commentary be the main thing on investor s minds power lunch starts now and welcome to power lunch. i m kelly evans and yes, it s green across the screen today. dow having its best day since june we re back in positive territory for 2020 the nasdaq back in a record high take a look at some of those tech heavy weights hitting record highs today microsoft, mastercard, adobe, sales force. all up in that record territory. for more now on the rally and today s market bounceback including what is driving stocks higher, let s go to bob at the new york stock exchange. and it s looking a lot like mid january, kelly we were what, 30, 33.20 in the middle of january. just a couple of days before coronavirus. look at this, we re almost back there. 17 points from where we were just prior to the outbreaks and we ve got decent earnings numbers. a part of it not a will tlot of tremendous disappointment did talk about a ....
Single day for tax reform for the gop so far i am Brian Sullivan. At a National Association of manufacturers summit in washington, d. C. , 30 minutes ago, vicepresident pence talked about tax reform and called for a 15 Corporate Tax rate we are waiting a few minutes for House Speaker, paul ryan he will give a major speech on tax reform and outline what he wants to do and when he believes he can get it done after that, he will sit down with us right here on cnbc to talk everything taxes, both from individual to Corporation Tax reforms. Michelle, a bringing day ig day. Im Michelle Caruso cab rrea the yields on bonds have hit 2. 748 snap and twitter tak ....
And others were looking for higher prices. For the second time in two months, opec mebdz unable to strike a deal. This meeting was also relevant because for first time in 25 years, the saudis set a new oil minister and we heard from him for the first time coming out of the meeting. Of course, he talked it up. Listen. We are extremely happy. I think the market is in good shape. The market is balancing. Trends are all good in terms of supply and demand. Prices have recovered somewhat. I believe they will continue to recover. Spirit of the meeting is very cooperative, collaborative and all of the ministers see basically the same funneledamen. A lot to decipher in that short sound bite. Our guest is also making a long journey. Before we get into prices and market balance and everything, what if anything did we learn from the new saudi minister today . I mean, basically, i think he went on the listening tour. He really wanted to convince the rest of opec he cared. He was not impervious to t ....
The european banks. See them in the green there, but after losing 20, 30 , weve only got a bounce in Deutsche Bank of less than 1 . Royal bank of scotland up by 2 . Lets get to wilford in brussels with breaking news. Wilfred. Reporter melissa, thank you very much. Im joined in brussels by nigel farage. Congratulations, extraordinary victory last week. Big event. Seismic actually not in terms of british or european policy but even global policy. This was the little people. Ordinary people. Standing up against the multinationals, the Goldman Sachs and big politics and getting a victory. Big news. A long way to go of course until the uk actually leaves the European Union. When should article 50 be invoked . Well, i have to say i rarely agree with the president of the european commission, but what he said today we should end t ....