Reopening. What is it like to go out to dinner well let you know. A buffett solomon breakup. Well focus on another berkshire breakup making waves ahead of the open. Tsa temperature checks and massive lines out of the industryway . Some of the ideas being floated with more than a dozen out there to get the American Economy and airports going again it is monday, may 18th and youre watching Worldwide Exchange right here on cnbc good monday morning, good afternoon or good evening and welcome from wherever in the world you may be watching us thank you for starting off your monday on cnbc im Brian Sullivan we have a fair amount of green on the screen and a little optimism to start your week. We can all use some of that. Certainly we can and the markets are reflecting it. Many countries are starting to reopen and there are some positive virus trends. Fewer cases and, more importantly, a slowdown in fatalities, at least around the world. Dow futures are up about 300 points right now perhaps th
Yesterday down 86 points at 4 00 oclock on wall street. More help for Small Businesses and hospitals on the way. The senate did pass the 484 billiondollar coronavirus aid deal last night. House is expected to vote on this tomorrow. Meanwhile the white house is looking ahead to additional stimulus packages. We will talk about that. President trump to sign executive order today temporarily banning immigration to protect american jobs. The cdc meanwhile is out with a dire warning this morning saying there could be a second wave of coronavirus and might be even worse than what we are dealing with right now. That coming in the fall. More people stuck at home turn to streaming. Adding 16 million subscribers but warned that the level of growth probably will not continue as lockdown across the globe start easing up. The stock is down 188. More earnings on top this morning including at t and Delta Airlines, all that coming up. Mornings with maria live right now. Maria Global Markets look like t
Governor cuomo looking for any optimism he can find. Some geographies of america doing better in the pandemic, but the death and the rate of change of deaths refuses to bend over and go lower. With extraordinary measures being applied and something we all need to reflect on as we think about what comes next. These managing to keep numbers stable, but with extreme measures when it comes to how our society is functioning. How we reopen needs to be seen in this light, and it will be a challenge around the world for governments to reopen economies. Tom good reporting earlier from guy on the state of the Prime Minister, a conversation with Iain Duncan Smith moments ago. Our oninue with a strong the economics of the pandemic strong hour on the economics of the pandemic. Ministers. U. Finance were on an emergency teleconference lasting more than 16 hours. Strategynot agree on a to battle the pandemic. E. U. Issue joint debt to help economies recover . Boris johnson is being monitored in inten
Statistics in march the Dow Jones Industrial average finishing down 13. 7 there were three drops of 2,000 points or more overall, the index traded in a nearly 9,000point range and half of the dow 30 lost more than 10 or more of their value for investors, all within a 31day month where so much changed in the markets and really, so much changed in the world. Also, you know what changed . Oil falling 67 so far this year a number of oil stocks have lost 90 of tlheir value in 2020 all because of demand destruction and the price war and the economy on edge because of, what the coronavirus. Covid19 and when the White House Press Conference Begins we will take you to any major marketmoving headlines or headlines concerning your health that you need to know from that press conference when it begins and now a daily occurrence at 5 00 p. M. Eastern time i am bright an sullivan and i know it was a tough start, and guy adami, tim seymour, Karen Finerman and chris vrone guy adami, lets do what we do
President trump. The Investment Committee is ready to go. The Halftime Report starts right now. Welcome. Good to have you with us on this tuesday. Our Investment Committee at the table. Joe t lets begin with stocks. Under pressure as you know new tariffs in place you had that weak reading on manufacturing, investors are on edge you have the worst month for stocks historically. You have to deal with new tariffs, the economy, risks are starting to stack up against the stock market yeah. This is not a great team as you mentioned, but if were dealing with trade its painful every day. The bigger question is are we headed for recession or just headed for Slower Growth i think we are just headed for Slower Growth. Something like 2 , maybe a bit less gdp growth. Yes, jobs have been strong wages good, consumption on friday, youre running at almost a 3 annualized growth rate on top of last quarter that was 4. 7 consumption growth. The consumer is still okay and its the bulk of the growth of the