Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up 41 and nasdaq higher by 138, one and a third percent, this after concerns of new china relations to china. Scope memo is out. Outlining authority to former special counsel Robert Mueller, it reveals probe went beyond and completely openended. The fallout coming out. People are working out and playing video games, pelaton surging 66 , the company boosting Sales Outlook and the stock flexing muscle as well. Stock up 17 in premarket. Fortnite becoming one of the most Popular Video games ever surpas
Recognized the importance of the Airline Business and our retaining Critical Service and keeping our team employed. Its extremely important and great news. Doug, you already said you plan to apply for a loan from the Treasury Department in the over 25 billion bucket thats been set aside for the Airline Industry beyond that, do you expect to have to borrow more in the months ahead from the private market in order to continue to fund the operations the way you want to have them funded thats unclear, phil. It depends so much on how demand recovers, when demand recovers and how quickly. What i know is this, we as an industry asked the federal government for 50 billion of assistance, thats what we got, 50 billion of the assistance. Thats what we believe we need to assure we can ride through this clearly you can go to more dire circumstances than where it stays like this for an extended period of time, but from our own projections it stays like this through the second quarter, a gradual reco
Energy stocks and financials are leading the overall market, while safe havens outperform well discuss the impact on the coyne vines. Dr. Anthony fauci will join us he is part of President Trumps task force on fighting the virus. Steve weiss is join joinin for the hour. What do you. I think the market should take it in stride. Weve had other Companies Come out and talk about the virus they make chips that go into handsets in china and primarily asia, also tmobile here they had they were lowering their forecast youve had other come out. And ive talked about it on the Halftime Report but we all spoke to micro, but in it continues, invariably it would continue in my view you take opportunities to get further invested if youre underinvested in certain names, because its a one or twoquarter phenomenon. It wont impact what i view as the supercycle in invests particularly in semis. So what the market is pretty much ignoring today are what a lot of people ignoring, the test it is companies, su
Listening to him say i dont watch the stock market seems fanciful given that he tends to be firmer on his trade rhetoric when the market is close to alltime highs when he frames things these way i wait for the moment he stands up in an arena like alabama and says all those Treasury Bonds the chinese hold, how did they get it . They stole it. Thats where hes headed if hes around another four years, thats where its headed. Youve raised that point before it seems a natural conclusion and it would be totally in character. Not paying you back. Threatening not to pay back totally, right . Treasury. Remember this conversation because when he says it in front of one of his crowds, theyll cheer. Theyll cheer. Markets wont no, they wont. Brings up the mindset of President Trump where he looks at the stock market at record highs and says we can afford Something Like this today because were doing well thanks. Congratulations on paper back. Michael lewis. Good Tuesday Morning welcome to squawk alle
They have being a waitress and waiting for their big day. I think it is harder to be elon musk than tom cruise. Many of these so companies, instagram, uber, the people running them didnt just have a lucky break. The stories were years and years and years of. Engineering. They have qualifications that i cant even imagine. Tonight at 8 00 eastern on cspan skew and a cspans q a. Nations governors are in washington, d. C. This weekend for their annual winter meeting. On saturday, one of the sessions focused on improving the quality of Early Childhood education. Speakers included actress jennifer garner, and mark shriver with the save the children action network. This is an hour and a half. Governors and distinguished guests, please rise for the presentation of the colors, followed by our national anthem. Presenting the colors today is the district of Columbia National guard, performing the onal anthem is please remain standing until the guard exits the hall. Who, say can you see by the don