With a big bang and open up our country or certainly most of our country and i think were going to do that soon. You look at whats happening, i would say were ahead of schedule. Now, you hate to say it too loudly because all of a sudden things dont happen, but i think we will be sooner rather than later. Ashley sooner rather than later. The markets responding positively in the premarket today. The dow up 330 points. It is a holidayshortened week. No trading tomorrow. We have long weekend coming up. What will that do to the markets . We will get into that. As for oil, up as opec plus meets. We are likely to hear about a deal between the saudis and russians to cut production, although up until now, they havent seen eye to eye. In the next hour, we will hear from fed chair Jerome Powell and Senate Majority leader Mitch Mcconnell. Powell could move the market with his remarks on the economy. A half hour ago, the fed announced 2. 3 trillion in new loans available. That helped offset the neg
Largely from home, with a small handful down in the control room. Just me and a single cameraman, chris. Lets get to the latest on the coronavirus pandemic that has us working like this. Overnight a travel advisory was issued by new york, new jersey and connecticut. The advisory came hours after President Trump suggested he was looking at a quarantine for those areas, an idea he later walked back. In the last 24 hours the number of covid19 jumped to 121,000 people. The death toll is just over 2,000. And some hopeful news this morning as houston methodist becomes the first hospital to use plasma therapy to help hosp plasmaone, hoping to build up immunity in the sick patient. Well have much more ahead. Well talk to a doctor whos working inside an icu about the strain on Health Care Professionals on the front lines. Later in our sunday spotlight, the staggering Economic Impact of the virus that has brought American Business to a standstill and the wellknown retailers that may not survive.
Billion. That is the rumor promising 850 billion. That is the rumor from secretary of the treasury Steven Mnuchin. Crude also recovering. We still have a two handle, all after the vix hit a record monday. Time now for global exchange. We are going to bring you todays market moving news from all around the world. From new york to brussels, washington, and berlin, our bloomberg voices are on the ground with this mornings top stories. Futures trimming early gains this morning, then rallying. Here was more in new york is bloombergs annmarie hordern. Walk us through some of the action so far. Annmarie as you said, we hit limit up on those futures. We then went lower into negative territory, but now back in positive territory. It does look like the bears are in control of this market. The biggest plunge on markets since 1987. In europe, similar story. We were seeing a lot of gains, then went negative. Right now on the stoxx 600, we are about flat. We are seeing some Massive Gains on the lose
Dominate bonds surging, yields making new record lows today as the tenyear fell below 0. 9 opec backed the biggers cut, dependent on russias approval is thats all to come. Joining us for the first full hour, stover any link. Interesting to me, though. Week to date, only three sectors are in the red week to date the s p is up a couple . Today was basically just within yesterdays range. It is the market finding out to whats notable, though is the cyclical areas of the market getting brutally hit so were essentially pricing in a steeper slowdown today its not really just oh, the big tech stocks that were up what do you do on a day like today . Stay calm. The day to day action is taggers. What the implication is, earnings to the conomy, we cant model out that none of that so im looking at copper, looking at the tenyear. Im going to feel better im kind of quality upping my portfolio. I bought united last week. We talked about 300 to 250, nike 104 down to 85 with a 5. 1 dividend yield. And i
News that could turn the climate used insurance and forced into. Interactive content teaching the next generation about what little touch i should. Music channels available to inspire people to take action and more determined to do something here for the next generation. Sfi environment series of global 3000. Its the most wonderful time nothing here but not everyone gets to relax as retailers around the world wrap up their final christmas preparations we take a look behind the scenes out of Berlin Department store. Also on the show the iconic fetal may no longer be rolling off the Assembly Line but that doesnt mean that. Mania is over. Im twice some shoppers in the netherlands are being encouraged to slow down when they take a trip to the Grocery Store. This is your business im Kate Ferguson welcome along tis the season to be jolly at least for the 2000000000 people around the world celebrating christmas but not everyone gets to relax from baltimore all the way to here in berlin people