Swan number three, hurricane zeta. We will show you exactly where it is right now and how its crushing oil, natural gas and energy stocks. At its lows the Dow Jones Industrials had fallen 908 points. So when you combine that with the previous two days, thats a drop of more than 1700 points. The s p 500 and the nasdaq are also struggling hard right now. We have the s p down 94, the nasdaq down 332. Look, now we see octobers gains wiped out for those two indices and oil getting crushed in the aftermarket session, down 5. 25 . We are now at 37. 51 a barrel. This is not helping, either. Three tech giants, facebook, twitter, alphabet google, adding to the nasdaqs woes. Their shares hammered as their ceos faced congressional scrutiny from both sides of the aisle during a very contentious hearing on capitol hill. We are about to show you the key moments and then our tech panel, top guys in the industry, will translate what it might mean for the stocks. Will the renewed lockdowns invite a supp
Alltime high of 70plus thousand on a sevenday average. Steve weiss, turn to you dow down 10 from its high no, we dont have control of the virus. We dont have stimulus were not rounding the corner. We are, as dr. Scott gottlieb said on squawk entering the most difficult phase of the pandemic we have yields lower s ps down for three Straight Days what do we do with this today, steve . Well, ive taken off a number of positions ive added some shorts, added some puts to protect stocks for earnings theyve done a little bit, but ineffective when you look at the carnage thats out there in stocks like u. P. S. And microsoft, which both had good quarters im very cautious on the markets. Were through earnings earnings hasnt been a lift. Even though its a good earnings quarter, put it in perspective its still down 16 year over year so, markets are way overvalued corona is a big issue. I dont see returning to march lows because i checked the number of cases in china and south korea and the philippi
A controversial social Media Building closed in turkey smocks concerns about freedom of expression. Thank you very much for joining us we begin in india where Health Experts say theres been a shop increase in the number of corona virus infections largely due to poor infrastructure nearly 48000 cases where reported on to say bringing the total number to more than 1500000. 00 the regions of delhi my russia and tamil nadu account for more than half the new cases and as a 3rd worst affected nation after the u. S. And brazil with more than 34000 deaths and a medical survey is revealing alarming sistas 6 about the spread of the virus in mumbai more than 4000000 People Living in the city slums have had the virus that tests on nearly 7000. Randomly selected people there found 57 percent of them had bodies for the virus about 40 percent of mumbais population lives in shanties and its home to asias largest slum with an estimated 1000000 people the survey suggests a high rate of infections withou
A controversial social media bill passed in turkey spocks concern about freedom of expression. Thank you for joining is. The most populous country in the world not to have recorded a single coronavirus related death and after being virus free for months it says its making preparations for a major wave of infections dozens of cases have been reported in the central city of don where a Strict Lockdown is now in place infections have also been reported in its 2 lodges cities the capital high noise and hoshi mean city the vietnamese government says the entire country is now at risk of infection as spring in our correspondent scott highway has in bangkok for scott vietnam was seen as a Success Story in containing coronavirus but is now on high alert. It absolutely is although you know you we you know you look at the last 3 months there what wasnt one case of locally transmitted coded positive case so obviously when we saw what happened over the weekend and then last weekend there was there
What they say about a potential vp pick. Ready to play. The changes coming to wheel of fortune and jeopardy to get them back on the air during the pandemic. And zooming into the future. A rare look inside Buckingham Palace as the queens daughter tries to teach mom how to use a Video Conferencing app. Good wednesday morning, everyone. We begin with the new government report warning that 21 states are now in the socalled red zone when it comes to the coronavirus. That means doctors are recommending more restrictions in those states to stop this virus. A fema memo obtained shows deaths from the virus rose by 30 in the last week. With the u. S. Death toll about to surpass 150,000, President Trump falsely claimed last night much of the country is free of the virus. He also once again defended the drug hydroxychloroquine. Meanwhile as parents across the country try to prepare for school this fall, a Major Teachers Union warns teachers may go on strike if they dont feel safe. Abcs Megan Tevri