Gain of about 170 points, after the biggest oneday gain since 1933. That was yesterday. Today might be a different story. At the moment we are looking at a gain of 166 for the dow, a drop for the nasdaq, maybe down 34 points, and the s p down about 11. Mixed picture this morning as investors try to get to grips with this new package and what it means for the economy. Also influencing the market, the president s statement that he would love and he used the word three times, he would love to get the economy back up and running by easter. Thats just two and a half weeks from now. It is a goal rather than an absolute. Critics say its just too soon and many state and local governments reject the president s time frame. Meanwhile, the call for Domestic Travel restrictions keeps on growing. Some officials at the white house suggested that anyone leaving the new york city metropolitan area should be confined to 14 days quarantine. As of now, lockdown, stayathome orders are in place for well ov
Next week. The brexit drama. Boris johnson skipped a News Conference as his host says the u. K. Is not serious about talks. Shery lets get you started. We are seeing u. S. Futures slightly higher by. 1 . This after the s p 500 slumped the most in two weeks. Coming after President Trump announced an initial trade agreement with japan. When it comes to the safe haven moves we saw in the last session, we had wti crude higher, the biggest gain since february of 2009. Those are being reversed with gold futures getting pressure, down. 3 . Not to mention, wti holding above the 60 per barrel level but still under pressure, down 1. 5 , this after jumping 13 in the previous session, given the previous attacks on saudi arabia and Oil Facilities. Lets see how things are shaping up in the asian markets. Sophie there may be impetus for Risk Appetite after the mixed session we saw on monday when Energy Shares rallied while Financial Firms led declines. U. S. Japan lines on the trade deal being narrow
We pride ourselves here at the library among other things on the timeliness and the relevance of our signature programming. Whether were holding forums on local issues or addressing emerging or hot button national topics. He didnt intend on the particular timeliness of tonights presentation. Christopher leonard was a busy man at the end of last week. Taking reporters calls and wrote a coup of oped articles after the death of david koch. Chris spent eight near in the the kochland, the place and the title of his book, pulling back the curtain on the extraordinary Business Empire and the potent Political Network that was put toth by the david koch and his older brother, charles, from their base three hours down the road in wichita. Anybody here had a chance to read the book yet . So, you wont understand but youll knee immediately when you get into it, as you get into it, what im talking about. Its daunting when you pick it up. Its 574 pages and thats before you get to the noteses appendix
The day. Halftime report starts now. Welcome g good to have you with us our Investment Committee at the table today. Also with us on set today is cnbc senior economics reporter Steve Liesman in a few moments, as you heard, joined by adam bain stocks focussing on the fed. The twoday meeting underway why they expect to cut rates tomorrow the question is as we asked at the top, is it the week that sets stocks on a course for a new milestone or not its possible i want to be constructive here so if youre looking at if youre looking at technicals, you can say, okay, for the First Time Since last september, youve now got 72 of the s p 500 above the 200 day, which means more than twothirds of stocks almost 3 4 are in their own structure bull market. That happened last october i dont know how forward looking it is. It is a positive especially when you consider the fact that were getting participation from across the market its not very narrow its very broad. That being said, theres junky retail
Pricing in a rate hike in the next 12 months. You heard it first out of the mouth of neil cavuto on coasttocoast, starts right now. Good afternoon. I am Edward Lawrence in washington dc. Brushing off the rate worries focused on big earnings, rally led by technology, the dow and the s p and the nasdaq up big. Lets get to Madison Venture partnerss mitch rochelle. Metareports earnings tomorrow. 11 of the 30 dow members are reporting. What are you looking for in earnings for that company and other companies for stability and growth . I focus more on the remarks on the call than i do on the earnings themselves. Earnings are back looking and the calls tend to be forward looking in the market as a forwardlooking mechanism. Any sign of optimism that responds to inflation that seems to be persistent. More stories about job cuts in the tech sector. What management has to say about whether they are creating earnings by lowering operating costs. Edward we will see First Quarter gdp estimate yester