Big internet companies, that was the worst sector yesterday. Investors bidding those higher into earnings. One note, something that is not different, supporting the idea fundamentally nothing has changed, investors looking past it, we have a lower low on the s p 500. Sharply,ave oil down heading to the worst week since april. Commodities, and wrist asset down in a bait way. David to add one further complicate in fact are, look at the 10 year. We are above 80 basis points again. That is a risk on reaction. How does that fit with commodities . Abigail great question. You have bond selling off. The 10 year yield back in the top part of this years range, suggesting it will make a move for 1 . That will be wrist on because it would mean investors going out of bonds and could also pressure stocks. On the week, bonds are rallying. On the week we have a big haven bid, big haven bid for the dollar. The dow and s p 500 heading for the worst week since march. We also have crude oil down in a big
The Prime Ministers Office to demand his resignation on wednesday. On thursday, Government Police moved to quell the protest, by reuters are reporting that state television said it was necessary to maintain peace and order. In addition to the ban on gatherings, the publication of any news or online messages judged to Harm National Security is also prohibited. The huge antigovernment protests have come at a time when the king, who spends most of the time outside his country, is in the thai capital. Then str they are demanding change in the political system, including a new constitution and reform of the monarchy. Moving to france where the city of lights will be going dark. A nightly curfew will be in effect starting saturday for paris and other major cities, as the french government grapples with a resurgence of the coronavirus. Translator the message i want to send is that i need each of you, we need each other to stop the spread of the virus. The government declared a new Public Heal
Germany. Where exactly. Was fun and learn a lot of our sculpture history. Travelogues extremely worth a visit. German car giant dimer agreed to pay more than 2000000000. 00 to settle emissions cheating claims in the United States to deal comes 5 years after german car makers were 1st exposed for widespread dirty dealing we are American Consumers are ready to forgive you for gas. Also want to show us jobless claims have dropped but tens of millions of americans are still out of work and waiting on more help from the government. German travel giant to we post enormous losses a day from receiving another lifeline from the government. This is the new business im paid for it from welcome to the show Darren Miller is to pay more than 2000000000. 00 to settle claims about emissions cheating in the United States the bulk of the money will go to u. S. Authorities but the further 700000000 satisfied to cover lawsuits from consumers revelations of widespread emissions forward among german Car Com
Tens of millions of americans are still out of work and waiting on more help from the government. The german travel giant to leave post enormous losses a day for receiving another lifeline from the government. This is a business im paid for and some welcome to the show daryn miller is to pay more than 2000000000. 00 to settle claims about emissions cheating in the United States the bulk of the money will go to u. S. Authorities but the further 700000000 to cover lawsuits from consumers revelations of widespread emissions fraud among german Car Companies emerged in 2015. Lets talk more about this with the Business Correspondent to in new york yes is this a good or a bad day for dire. Its always good for a company if you have a price taken to a dime though was prepared to earlier this year they set aside the money so in that respect its a good day on the other side its clearly comes as a time when every one of most companies of the world are in dire need of money all whats going on was t
Good Tuesday Morning im Carl Quintanilla with david faber and jim cramer coming to you live from separate locations this morning coming off that 7 rally and futures build as optimism about flattening the curve goes into a second day more talk of another round of congressional stimulus oil up about 2 , as we await the opec plus meeting and exxon slashes capex about 30 . Mnuchin and kudlow on the tape this morning saying the white house looking to reopen the economy as soon as Health Experts give the green light but thats going to be met with skepticism today look, ive got to hand it to them in terms of trying to make it so theres enough money for small and medium sized business to get open. Theyre doing it theres no limit to what theyll give i think the Community Banks, no limit to what theyll lend i really like that the other side though is the customer and weve got to find a way for the customer to feel confident i know i will feel continue if i dent when i see everybody else wearing