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The last 20 minutes or so. Nasdaq is down 33 and 3 quarters. Now these numbers coming after signs of the spread to have virus stabilized in hot spots. That led to strong rally yesterday. Here at the close yesterday, the dow gaining and s p entering bull market. U. S. Death toll topping 14,080 but there are signs that the spread is slowing in hot spots. The cdc issued guidelines to get to workers. The Trump Administration requesting 250 billion, democrats want additional 50 billion. Fed chair jay powell will be giving us an update on the economy and actions taken to combat the impact of the virus, thats today 10 00 a. M. Eastern time. More to expect from the fed. The today is a big day for oil. We are watching the contract right now. Its up almost 5 and a half percent. The investors are watching the opec meeting including saudi arabia and russia, can they come to an agreement . All rising on hopes of a deal to cut production ....
A catalyst for shared prosperity unite businesses, nonprofits, government and citizens to combine their strength for poverty of millions of people worldwide. Please give a warm savannah welcome to michelle sullivan. [applause] thank you so much. Thank you to the savannah people feared also to savannah. My first time here i absolutely love it. I will definitely return. I also love the weather. When i left home yesterday in illinois it was minus eight. I greatly appreciate the 60s some degree weather today. [laughter] i also thank you for your time today. Take her home and treat her like everybody else. That is advice the doctor gave my parents over five decades ago. On the day i was born. This is after he took an xray because i had a bit of a clubfoot and he discovered that i had a type of dwarfism. I like to think that my parents would have done that anyway. Take me home and treat me like everybody else, but the affirmation is always nice. You may not think that was a big deal, but i b ....
Joe nowhere to hide. Really ugly back to back days to start the week. Scarlet there are plenty of places to hide. Joe 10 year treasury, swiss franc. Scarlet japanese yen. We can go on. Two charts to put this risk asset selloff in perspective. This is very simple. On bottom, bonds of top the one asset class doing well over this time period. On bottom, we have crude, copper. In white, the s p 500 down 6 . Composite in blue, down just 0. 75 may be a benchmark here. 500reason to think the s p will join the dow transports. The 200 Day Moving Average in yellow. On friday, you can see the dow transports going right through the 50 day average. When the dow transports in the past has gone below that 200 Day Moving Average, there has not been an exception. This chart would suggest more term,at least in the near for the s p 500. Worstooking at one of the performing sectors in th ....
And i appreciate very much the time we spent together last week. And general stephen lyons, so i appreciate you two, the years of service that you have donated and given to your country. As stated many times before, the Armed Services committees top priority is to ensure the effective implementation of the National Defense strategy. We have that. Yeah. We have it pretty much surprised me, senator, how we have really stuck with the from the very beginning. With that from the very beginning. It means that we must ensure that in this era of great power and competition with russia and china, that our military services are resourcing commands to address the challenge of strategic competition. This is especially true of our two combatant commands that are here today, ucom is focused on deterring vladimir putin, who has repeatedly shown his willingness to use force to achieve his ....