It has been a choppy session. Down. 1 , while the nasdaq is up. 2 . The dollar index is strengthening. 97. 55. We had a drop in the 10year yield, we are back at 70 basis points. Lets get some details on what is moving in the market. Scarlet fu is with us. A mixed trade across Asset Classes. Certainly within equities. The backdrop is the next Economic Data we got. The philly fed numbers were interesting, in that they confirm the empire numbers from last week, back in expansion mode. Manufacturing is no longer contracting in the region. All of that is helping to lift the city index to a record high, spate ofg that recent better than expected Economic Data. Oil approaching 40 a barrel. Iraq says it will begin complying with opec production cuts and is working on a program to compensate for cheating in may. It is curious it is not getting ts and to reits utilities. A couple of movers on earnings. Kroger is the second worst performer in the s p 500, beat on the top and bottom line for next
Level iv Super Laboratory that researches human infectious diseases. Now we dont have evidence that this disease originated there, but because of chinas duplies it and dishonesty from the beginning we need to at least ask the question to see what the evidence says and china right now is not giving any evidence on that question at all. Maria we will hear from two people this morning who warned the white house and the world back in january, that the coronavirus could become a Global Pandemic of catastrophic portions, Peter Navarro and steve bannon are here and also ahead senator tim scott on part partisan grid lock on funding Small Businesses what will happen this upcoming week, senator John Barrasso also here, a medical doctor himself on how the country can safely reopen all that and a lot more as we look ahead right here right now on sunday morning futures. And china coming under intense scrutiny this week amid mounting criticism of its early response to the coronavirus outbreak. My fi
House considering Financial Relief for workers and businesses impacted by the virus. This is what the president said yesterday. We are going to be asking tomorrow, were seeing the senate, well be meeting with house republicans, mitch mcconnell, everybody, and discussing a possible payroll tax cut or relief, substantial relief. Very substantial relief. Thats a big number. Were going to be talking about hourly wage earners getting help, so that they can be in a position where theyre not going to miss a paycheck all right jim, we have a presser at 5 30, but right now dont expect specific proposals i think theyre mulling over some things. Theyll give direct support to workers, which is fabulous a lot of workers live hand to mouth. Theyre coming to work even though she shouldnt because theyre sick and this is a great holdover Small Business loans, they can expand that greatly. We have a lot of money coming into the treasury. They can waive the interest and penalties for people who file exte
Big but therent were enough. The Dow Jones Industrial average closed up 10 pois to 27,691. Its ninth record close of the year. Da the n fell 11 and the s p 500 was dow 6. The reason, boeing. The stock rose 4. 5 after the company said the 737 max could be back in service by the end of january. The aerospace companylso said it will resume deliveries of the jet next month. Phil lebeau takes a look at whats behind that optimism. Reporter with well over 300 newly b 737 maxes parked and waiting to go io commercial service, boeing is anxious to get the 737 max back in the air again. In fact, it believes that could happen as soon as january. Boeings time line calls for a certification flight by ear next nth. If there are no issues, faa certification is expected by mid decemb. So max deliveries would resume. Pilot training rules for the plane s could be by mid restart commercial flights on d planes that have been parked for almost a year. D butt expect southwest and american to begin flying the
Provider. Coming up on the tvs after words former radio host and msnbc contributor Charles Sykes with the conservative movement on america. Hes interviewed by tammy ruth, Fox News Contributor and host of the tammy bruce show. Charlie sykes, how are you . It is a pleasure and especially with the last year. If this kind of opportunity that perhaps you and i would never have and im looking forward to it. This is the book and im sure everyone watching his already seen it but what was interesting and asked to do this i was not on the opposite side of you when it comes to President Trump but the person is in your book this is not a book about donald trump. How the right lost its mind is the title and immediately youre taking a stand with the title but what i like to do is make sure everyone is watching what your background is and what youve done. Youve written a number of other books. The conservative who has supported trump and his super trump would find probably a great deal in common that