Both companies app stores. We will get into that. Check this one out. Joe biden calling for a nationwide mask mandate for all americans for three months, even if you are alone in the park. Then he takes no questions after announcing that plan. We will get into all of it for you and it is time for friday feedback which you still have time to send in your responses. Email us, varneyviewe varneyviewers foxbusiness. Com. We may read your email if you send it in now. An epic three hours ahead. David asman in for stuart varney. Varney company about to begin. David lets get a check of the markets and as you can see, the futures are down on the s p and the dow jones but up again on nasdaq. Meanwhile, its been 100 days since that march 23rd bear market low. Come in, ashley webster. Ash, we have seen a historic market reaction, a bounceback, right . Since hitting the lows on march 23rd . Ashley absolutely. Good morning to you. Since hitting those lows back in march, hundred day stretch going all
Shares tumble as the Education Company announces the departure of the cfo and also leaving, telling cnbc, there are good reasons for the change hes at a different and earlier stage of his career. There are good and personal reasons why hes made the decision he has. British recruiter hayes citing tough Market Conditions renaults chairman says there is a strong desire to make the automakers partnership with nissan work and there is no stress to appoint a new ceo in the near term. Welcome to the show a lot to get through lets start with the Monthly Oil Report to bring you some of the headlines there. Global oil demand rose by 955,000 Barrels Per Day yearon year to 101 Million Barrels in october. Keeping Oil Demand Growth for 1. 2 Million Barrels a day on higher trade growth. No change on the oil demand front. Global oil supply fell in december due to saudi cuts and seasonal decline of biofuels some interesting commentary around the geopolitical tension, iea also saying the oil market has
Sentiment data does anything for equities. The 10 year yield is back down to 1. 58 . A little bit of buying overnight after we got some comments on the impact of the coronavirus. Expedia one of those companies that seems to be immune. It has not forecast much impact from the coronavirus on travel plans and is forecasting dole digit growth. Well, datacenter growth in its chips helping that company. A much higherfor performance in the s p 500 than even the other chipmakers. Theres a halo effect on some of those as well. Guy absolutely. In europe, we are down by 0. 1 . Eurodollar bouncing back a little bit today despite some really dismal data out of germany. Copper, this is the one you want to Pay Attention to. This tells you what is happening in terms of what is happening with the coronavirus inch ira coronavirus in china, down another 0. 4 . Vonnie the death toll from the coronavirus continues to rise. Disagreements between the u. S. And china about transparency threaten the fight. Nat
All the rest. Well talk a lot about Market Movers we saw today. First here is the president , applauding that historic agreement with beijing. Together we are righting the wrongs of the past. Delivering a future of Economic Justice and security for american workers, farmers and families. Melissa President Trump and chinas top trade negotiator signing on the dotted line to formalize the phase one deal at the white house while on capitol hill House Democrats making their move official sending articles of impeachment against the president to the senate, paving the way for a trial. Connell fox Business Team coverage with all of this going on. Edward lawrence has before covering trade forever. That is a big day for ed at the white house of the gerri willis, dow 29,000 at new york stock exchanges. Phil flynn in chicago. Gerri, with the milestone and more we start with you. Reporter wow, wow. Were so excited, somebody stole my 29,000 hat. I dont even have it. First time through record territo
States the person behind that report will be here and later, carson clock. Right now carson will join us to fight back you dont want to miss it. Power lunch starts right now lets get straight down to more on what we know about the phase one deal and what we are still trying to figure out what we know is its an 86 page deal in a leather bound book outlining principals on intellectual property and currency by which both countries will abide china will be purchasing 200 billion in u. S. Goods includin up to 50 billion in agriculture goods. It will be no new tariffs so long as the two sides are abidesing by the agreement and continuing negotiations. No additional tariff roll backs are scheduled beyond the september 2019 round that President Trump announced by tweet today. Ambassador Bob Lighthizer told reporters he expects some ministe ministers, not the leaders, to sign the deal in january in washington the deal will take effect 30 days after that. I asked what happened over the last two