you are looking at a live shot from the white house we show that to you because in about 90 minutes, expected around 6:30 eastern time, the president will hold a news conference on the outbreak we will bring it to you live as soon as it begins. of course we have a special markets in turmoil coronavirus outbreak all joined in one hosted by the great tyler mathison in the meantime, we re going to get to the macro market, but we want to begin with breaking news on one of the biggest companies in the world, microsoft, warning its windows unit will miss guidance for the quarter because of, what else, concerns about the virus. this is the latest company to cut guidance due to the outbreak microsoft shares down 1.3% in the after market i would imagine that we had a few united and others, we will probably have a couple hundred more of these is my guess. mastercard was a huge one as well listen, microsoft on january 29th gave guidance, and this was one of the things. first of all co
hear from stanley fisher and a panel of four banking chief executives to discuss the outlook on the global economy. this is this is about one hour and 45 minutes. we are going to get ready to get started. our next exciting session. if you are talking in the aisles please take seats or take your conversation to the foyer we would appreciate it. if there are seats in the middle that people want to get to who are coming in we should have a full house for stan fisher. please make the seats available to make sure anybody who wants a seat can get one. certainly we would appreciate that. we are delighted our next panelists could join us. stanley fisher is the vice chair of the federal reserve. his agreed to a conversation with tim adams. before we are on stage we have a polling question. this is the critical question facing us other than the election, what is going to happen with the fed and the employment report this morning that was not too hot not too cold. grab your mobile dev
for more information go to our web site press.org the secretary of the navy will address the press club also kareem abdul-jabbar will be here then the secretary of education will speak to the press club audience. i will now presented with the national press club mug. [applause] the last question to you compare the of quality of soccer in geneva to soccer in brazil? it is a very challenging experience. honestly and not trying to be up politician and that social strata the different origins different countries and languages and then after cursing each other they will have a beer and everything is fine. [applause] [inaudible conversations] [inaudible conversations] cadillac ec behind me and to use this technology and they can use a lot more to drive on the roads confirms if in not fake and if unwanted dogs and from finances annual meeting. will hear from stanley fisher and a panel of four banking chief executives to discuss the outlook on the global economy. this is this
finances annual meeting. will hear from stanley fisher and a panel of four banking chief executives to discuss the outlook on the global economy. this is this is about one hour and 45 minutes. we are going to get ready to get started. our next exciting session. if you are talking in the aisles please take seats or take your conversation to the foyer we would appreciate it. if there are seats in the middle that people want to get to who are coming in we should have a full house for stan fisher. please make the seats available to make sure anybody who wants a seat can get one. certainly we would appreciate that. we are delighted our next panelists could join us. stanley fisher is the vice chair of the federal reserve. his agreed to a conversation with tim adams. before we are on stage we have a polling question. this is the critical question facing us other than the election, what is go
taking a look at the markets right now, they are getting ways down by those, the s&p down by a 30 minute percent. we are definitely off of our session lows. by as much aswn 100 60 points. we down now by about 50 points. we are at session highs even though we are a negative territory. take a look at the dow for the entire day. we can see where the right has been. at 10:00 a.m., that is when u.s. personal income and spending came out. we have been slowly clawing our way back, and you can see her at the noon hour we are just off our session highs. another thing that is affecting the markets is of uti crude, as it always has been. and that is now at session lows, down by five and a quarter percent. 5.25%. that is breaking a four day winning streak. the 10:00 a.m. mark we did see a leg down after the u.s. personal income came in a little bit worse than expected. inx: we are seeing movement the market caps today. it is an apple and google story, but i could be wrong. ramy: you ar