The three most important things investors should be thinking about right now. Big Tech Companies hit by coronavirus, how supply chains are hurting apple, amazon facebook and more. A Morgan Stanley with a 13 billiondollar bill of what it means for investors and soaring ahead of their flight playing the new space race barrons table tonight we will start with reshma. The market hit a new high this week and started falling down to 400 points, one half percent. Coronavirus clearly one of the concerns. The scope is unknown at this time. We have more cases in japan and singapore the last couple of days, the numbers out of china keep skipping around. Their economy is not up and running yet. The chinese economy, some millions of people were quarantined, many render travel restrictions. Goldman has an estimate of all the days that have been missed its like two months of unpaid holidays. Its crazy so factories and production lines have been stopped and investors are really waiting to see what hap
The three most important things investors should be thinking about right now. Big Tech Companies hit by coronavirus, how supply chains are hurting apple, amazon facebook and more. A Morgan Stanley with a 13 billiondollar bill of what it means for investors and soaring ahead of their flight playing the new space race barrons table tonight we will start with reshma. The market hit a new high this week and started falling down to 400 points, one half percent. Coronavirus clearly one of the concerns. The scope is unknown at this time. We have more cases in japan and singapore the last couple of days, the numbers out of china keep skipping around. Their economy is not up and running yet. The chinese economy, some millions of people were quarantined, many render travel restrictions. Goldman has an estimate of all the days that have been missed its like two months of unpaid holidays. Its crazy so factories and production lines have been stopped and investors are really waiting to see what hap
The others by his wealth and dealings of minorities and women. But no matter who the democrats pick, he or she will have a formidable task beating an incumbent president running a strong economy. Right now President Trump has that going for him as we head into november. Mr. Trump is already campaigning on the countrys solid job creation for 2,205,000 jobs added in january march the fourth month in the past year we saw employment gains of more than 200,000. Hes also touting of course low unemployment with historic numbers for africanamericans and latinos. Two groups that have not giving him much support in the past. And while Economic Growth has been good, not great, economists see little threat to recession anytime in the near future. On wednesday, the federal rate serve release management january meeting showing members felt the outlook for the economy was even better than december. A new wildcard has emerged recently. The coronavirus. Its in china would spilling over into that countr
This morning that the economy added 224,000 jobs last month, far more than expected. The Unemployment Rate ticked higher to 3. 7 , in part because more people enter the labor force, but that number is still historically low. And while thi latest jobs report is clearly positive news about the economy, itay make it harder for the Federal Reserve to cut Interest Rates at its meeting later this month, and that sentiment pulled stocks back from their alltime highs we hit onednesday. Do industrials fell 43 points to 26,922. Nasdaq was down 8, the s p slid by 5. Ylan mui h more on americas employment picture from washington. Reporter americas jobe market is ogain red hot. It even surprised president trump. Numbers this t morning. Jobs. K it was 224,000 those were really unexpectedly good. And our countryes contio do really well. Really, really well. So were very happy about it. Reporter businesses across almost every sector of the economy added jobs laston. Professional services added 51,000
Peace process. The president s announcement could have serious ripple effects on the world even the pope is weighing in recognition of jerusalem is the news from the president of the United States. This marks a departer from democratic demonstrations of the past here they continued to keep the embassy in tel aviv not moving into the touchy question of what the status of jerusalem ought to be the administration will not move to jerusalem immediately they said the process will be kicked off by the president of the United States. It could take some period of time, possibly years before an embassy is built in jerusalem and the site located and security put in place and the Embassy Opens and begins functioning in jerusalem the president is expected to recognize that it is the capital and that is expected to touch off reaction among palestinians who very much view East Jerusalem as the capital of a palestinian state. We will see what the president has to say here at the white house in a coup