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Going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, theres little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. It briefly shocked stocks higher but now weve drifted back down towards the lows o the day a number of big interviews this afternoon. Jack lew on the economic response cmes ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue hell join us to discuss the pain thats being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. Charlie from Ariel Investments is with us for the hoyer hour. Meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. First, the new york fed just ....
Room to run. Our special series continues with a closer look at one sector up more than 300 decade to date plus how the chicken wars are shapg up reaching new heights all of that as Worldwide Exchange begins right now tuesday september 17, 2019. Congratulations first off to the new Orleans Saints and their quarterback. He became the nfls alltime touch down kingwith 540 touch down passes. He threw four of them last night. More on that coming up first off, wall street tried to extend a win of its own stock futures pointing to major and minor losses the dow down by 13 points, nasdaq down about 11 looking at the bond market a slight tick lower. Yielding 1. 861 . Twoyear 1. 631 . Thats how the treasury shape is moving right now let us go worldwide. In asia, we did see a positivity trade there. In hong kong, up over 1 you can see there now in europe. That trade giving a little ....
Halting max production plus, iff is merging with duponts biosciences and nutrition unit it is a deal that will create a new consumer giant valued at more than 45 billion. Iff ceo and duponts executive chairman will be joining us to discuss the deal in just a few minutes. And record rally, the iss p and nasdaq new highs lets start with boeing, moving lower in the premarket, the journal is among those reporting that the company is considering suspending or cutting production of the 737 max. In response to the story, boeing issued a statement to cnbc saying it would continue to assess production decisions based on the timing and conditions of a return to service for the max. And as we know, guys, faa last week through cold water on that return happening before year end. Right i think that this is something that some people say it is a foregone conclusion. And that the reason why you didnt see this before was that the way that accounting works, something i think a great cfo would understan ....
Concerns over production of the 737 max jet. And positive news on the housing front, as home builder confidence jumps to its highest level in two decades coming up next hour, former treasury secretary jack lew will join us to discuss trade and the economy. You do not want to miss that and with us for the whole first hour of theshow, dan nathan from risk reversal advisers. Dan, good afternoon. Thanks for joining us. Great to be here. More optimism on trade or whatever you want to put it down to is a lot of this news not already out there . Are you surprised to see ongoing rallies to new highs yet again at the end of the day, you like to see followthroughs. So friday, we had a muted react. A lot of investors expected some kind of surge, similar to what we had at the end of 2017 after the big tax cut. A lot of this was priced in. I think the continuation of last weeks rally into this week is obviously pretty establibullish. Also fairly seasonal as we are looking down the barrel of a week ....
Committee no headcount in the house no headcount in the senate we had no idea was there be enough votes whether it be an impeachable case or what was going to happen and as it turned out the the matter never even got to the house of representatives and much less to the senate because the president resigned the case was so strong and so fairly may that the professional he resigned. But thats not good news so well never answer the question well we dont you know its going to happen here we still have 2 people whove been to henchmen of Rudy Giulianis one of whom is now whove been indicted for Campaign Finance violations who were active in ukraine one of them is now cooperating with the congress lets see we dont know whats going to happen we didnt know about the tapes on. Saturday at the smoking gun tape nobody knew at the end what we would find so i think the most important thi ....