Quarantines and social. Now becoming the norm streaming sites like netflix have seen their viewership skyrocket but could this traffic pose a problem amid efforts to combat cope with 19 we have a jam packed show today so lets go and dive right in. And markets throughout the west have bounced back lightly after taking a drubbing this week in the u. S. President donald trump is continuing to say hes working to stabilize the economy but working with congress to provide major additional relief to the workers Small Businesses and the hardest hit industries we want to make sure that everybody is able to continue on so that when we recover all of these companies and these. Great business is very very small and very very large its not going to be broken up and you have to put it back together that would take a long time and in europe most indices closed up around 3 percent after the europeans. Announced a 750000000000 euro package to mitigate the Economic Impact of the coronavirus meanwhile oi
Has been rising at solid rate, despite hurricanerelated disruptions. Hurricane related disruptions will affect economic and inflation in the near term. Once again the Federal Reserve open Market Committee is keeping the Federal Reserve market rate at one to 1. 25 . Trish, back to you. Trish thank you, so much, adam. Bullseye brief publisher, author adam johnson. Vision four fund, Vice President heather zumarriaga and Nicole Petallides down on floor of new york stock exchange. I will go to you, nicole first, market climbing 34 points higher as the decision was released. Pretty much as expected . Yeah. We saw them throw in the word soft about inflation, exfood and energy. That is interesting talking point. The fed funds rate for december is where were expecting that. Interesting how they really didnt give any hints whether or not they will do so, stay on the gradual pace, but the other factor, who will be the new fed chair. Trump talked about that. Even said you will like this person or
Of gains. A rise in oil prices, decent economic data, and the feds decision to embark on a more gradual path of rate hikes helped power stocks over the past five sessions. Today the Dow Jones Industrial average added 120 points to 17,602. The nasdaq gained 20. And the s p 500 rose nearly 9. For the week, all of the major indexes rose 1 or more. And its not just the dow and the s p 500 that are deserving of attention. Theres another group of stocks thats been quietly outperforming the rest. Dominic chew has that story. Reporter the stock markets made a strong comeback since hitting lows back on february 11th. And that move has taken both the large cap s p 500 and dow industrials back to positive territory for the year. For as much attention as those big guys are getting its the s p 500 midcap index that stages the best performance so far inty 16. Its gained more than 2 since the start of the year. Some investors look toward admitcaps as a possible market sweet spot. Theyre bigger and pe
Dow logging five straight weeks of gains. A rise in oil prices, decent economic data, and the feds decision to embark on a more gradual path of rate hikes helped power stocks over the past five sessions. Today the Dow Jones Industrial average added 120 points to 17,602. The nasdaq gained 20. And the s p 500 rose nearly 9. For the week, all of the major indexes rose 1 or more. And its not just the dow and the s p 500 that are deserving of attention. Theres another group of stocks thats been quietly outperforming the rest. Dominic chew has that story. Reporter the stock markets made a strong comeback since hitting lows back on february 11th. And that move has taken both the large cap s p 500 and dow industrials back to positive territory for the year. For as much attention as those big guys are getting its the s p 500 midcap index that stages the best performance so far inty 16. Its gained more than 2 since the start of the year. Some investors look toward admitcaps as a possible market
Dow logging five straight weeks of gains. A rise in oil prices, decent economic data, and the feds decision to embark on a more gradual path of rate hikes helped power stocks over the past five sessions. Today the Dow Jones Industrial average added 120 points to 17,602. The nasdaq gained 20. And the s p 500 rose nearly 9. For the week, all of the major indexes rose 1 or more. And its not just the dow and the s p 500 that are deserving of attention. Theres another group of stocks thats been quietly outperforming the rest. Dominic chew has that story. Reporter the stock markets made a strong comeback since hitting lows back on february 11th. And that move has taken both the large cap s p 500 and dow industrials back to positive territory for the year. For as much attention as those big guys are getting its the s p 500 midcap index that stages the best performance so far inty 16. Its gained more than 2 since the start of the year. Some investors look toward admitcaps as a possible market