Fifth straight day with over 10,000 new cases if military medics aiding hospitals in texas and california. High gear this week this week we have eight dow components including ibm, cocacola microsoft, intel and american express. Analysts are expecting steep decline in earnings and revenue due to the coronavirus. On wednesday, investors have a close eye on tesla. Following ition electrifying rise and been the leadership in the market. Meanwhile futures kicking off the week in the red take look at where were looking at for the opening of trading this morning. Dow futures are lower by 31 points and nasdaq is up. 6 and a half, s p 500 futures right now down five points. Last week the dow and temperature s p were at for a third week in row but a nasdaq snapped two week winning streak last week as you can see. 2020 race is on about 106 days before election day 2020. New fox news poll show presumptive candidate joe biden holding lead over President Trump but race is narrowing. Were taking a l
Decline and that is a forwardlooking indicator on this, not so much tragic deaths but we like to focus on that is assigned to come to the process and we to go to the hospital and then you see what youre doing in the hospital in the most severe cases and ends up on a ventilator, and then sadly you die at that point but that is a logging part, if you see a downtrend in the number of people getting in to the hospital and encouraging and keeping an eye on it, the governor of new york is outlining other promising developments as well, we will get into that later in the show, minutes await the president signing off on the 484 billion Small Business stimulus measure, some are calling relief, whatever you want but it is going to be widely seen as an opening with more stimulus down the pipe, blake has more on all of the above. Hi, you see our colleagues lined up in the Briefing Room meaning they are still awaiting to go into the oval office, we expect the signing at some point later this hour,
News coverage. We begin today with the dow up about 700 points now as youll see in a moment. It has been a whip saw day for wall street as virus fears loom. The dow dipping below 20,000 but zooming back as much as 1,000 points as the Federal Reserve and the Administration Step in to calm investors. Health Care Companies are targeting the virus from treatment to Testing Solutions there you see it up. The ceo will join us this hour here is what you need know. Theres more than 5600 confirmed cases of coronavirus in the u. S. Marriott will furlough tens of thousands of workers as the hotel giant shuts down locations. We have coverage of this today we have more on the white house plans here bob is watching the market seesaw steve is all over the latest move from the Federal Reserve. Ka kayla, lets start with you. Reporter were waiting comments fr comments from capitol hill the rough contours were about 250 billion for Small Business loans and about 500 billion for a payroll tax cut. It appe
That they short. This is a startling development in a battle that has taken it to washington as both sides are preparing to meet the politicians who have it out to regulate wall street. Welcome, everybody. Im neil cavuto. This is your world. And in case those big hedge funds were looking for trouble, well, they found it for themselves. Because theyre going to put up quite a stink, quite a fight that theyre no ones tool, capitalist or otherwise. Charlie gasparino has more. Whats happening here . Neil, the speculation in these stocks has farranging implications. The markets are going nuts. The stocks are up and town. Gamestop is down dramatically. Somehow the focus get on hedge funds following comments by massachusetts senator Elizabeth Warren who thought this was a good time to crack down on hedge funds. She seems to have some support in congress, and some republicans. The Hedge Fund Business is fighting back. Theyre worried about restrict Tiff Measures from congress that curtails what
Major averages muted after the rally that closed last week. Dow and s p breaking a three week losing streak nasdaq best week in a month. Tech stocks are part of the story. Where are the buying opportunities . Christina hooper joins us with larry glazer good morning to you both good to see you. Do you think anything fundamentally changed as a result of the talks . No, but i think markets got ahead of themselves. I mean, lets think of it not as phase one, but phase 0. 5 the u. S. Thinks they made an agreement, china doesnt necessarily believe the same stocks got a little ahead of themselves, but there are always opportunities to find tech gems out there. Where are they . At least, what leads you to them in this environment now . Well, i advocated that chinese took looks very attractive, that has been beaten down since the u. S. china trade wars began seen small recoveries, but there are a lot of opportunities in chinese tech. Why do you think the administration is trumpeting partial deal