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Stabilized but that doesnt tell you what is happening beneath the surface. The 10year yielding 0. 8 . Updates on the outbreak in america. We are now more than 4,600 confirmed cases. At least 85 deaths last night, President Trump vowing to backstop u. S. Industries saying the u. S. Will be power fully supporting those Industries Like airlines and others impacted by the virus weigh will be stronger than ever before the eight largest u. S. Banks announcing they will be jointly accessing funding from the Federal Reserve. There has long been a stigma and they are all doing it together Morgan Stanley being the first bank to do it. We should not take anything away from that decision the ceo also happens to be the chairman of the committee that put this group together th ....
Tenth Straight Record close driven by all the names that worked all winter long plus a strong read on Retail Holiday shopping numbers do not disappoint. And jobless claims fall pointing to continued strength in the labor market joining us for the hour, anastasia om row sew it is great to have you with us. Great to see you. What do we make of this its typical. We melt up into year end i mean, think about all the things that got resolved in december weve got the phase one basically a done deal between u. S. And china maybe a little bit overlooked by the usmca getting passed by the house. Weve got a lot of good enthuse. We started to see the inflection point. Whats interesting in the internals of the market is what people are buying. What do you do when the s p is up almost 30 for the year you start to look for the laggards its emerging markets, health care, energy those are th ....
Restarting next week thathelped things in asia. In europe, its a bit of a mixed picture. The dax up by 0. 1 you do see red arrows for both the cac and the ftse the ftse, well talk more about Boris Johnson who will become the Prime Minister there today ftse now down about 0. 8 stocks are flat in italy and in spain. If you check out the treasury yields here in the United States, you will see this morning the tenyear is yielding 2. 057 the big story of the morning, shares of Big Tech Companies like google, amazon and facebook, theyre under pressure after the u. S. Justice Department Said theyre opening a broad antitrust review of Technology Firms the rev ....
The Halftime Report with scott wapner starts right now. Welcome, good to have you with us on this friday, our Investment Committee at the desk today, josh brown, stephanie link, jim lebenthal, the chief Investment Officer at Boston Private Wealth is here, liz young is bny melons director of market strategy, anastasia from Jpmorgan Private Bank and lets begin with the broadcom story. Its one heck of a buzz kill today. Price targets cut across the board, lots of stocks in that space are down shortly, not jus broadcom, amd, lam research, micron, you pick it in the chips and its getting hit pretty hard the chips have two things working against them the first is theyre like one of the last t ....