Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earnings along with master card and ensurers anthem and humana, after the numbers attention to microsoft, facebook, tesla, markets are higher, take a look at futures, gain at the start of trading, dow futures right now showing a gain of 180 points, three quarters of 1 . S p is up 25 and nasdaq higher by 93. This after the dow, nasdaq and the s p 500 erased early gains yesterday to actually end lower. Dow industrials were down 32 points at 4 00 oclock on wall street yesterday and nasdaq down 122 and s
Plus price of gasoline continue to go plummet. Mornings with maria begins right now. Lets check markets this morning. Closing out the week in europe, european indices are higher across the board. Ftse 100 is up 173 points, cac quarante up 231 and dax up 349 points. Bank of england cut rates of wasnt tenth of a percent, marks rally in asia overnight. China keeping lending rate unchanged but said the future easing the likely. Markets in japan are closed and the markets were higher across the board. Korea up 7 and a half percent overnight. Hong kong, better than 5 . Check out oil prices. They are surging. The price war is racing on. Take a look at crowd oil, 267 higher at level of 27 a barrel. Yield of 10year treasury currently lower but at 1 even 1. 050 . Thats down 10 basis points this morning on 10year. Senate republicans announcing covid19 relief plan complete with checks to american citizens and Small Business protections. Here is how the direct payments break down. 1,200 for individ
Gma. Decision d millions of americans head to the polls this super tuesday. The biggest day for the democratic nomination by far. 15 crucial contests, joe biden picks up three big endorsements overnight from his former rivals. Folks, this is a team. Bernie sanders looks to build on his lead. The political establishment is getting nervous. And Michael Bloomberg appears on the ballot for the first time. Our Powerhouse Political Team spread out across the country covering it all. On air stunner. Longtime cable news anchor Chris Matthews abruptly announces his retirement on his show overnight after complaints from a guest about inappropriate comments. And royal reunion. The queen and prince harry meet for hours trying to patch relations after his royal exit. What the queen said about harry returning to royal life. We certainly do say good morning, america. Very busy morning. Super tuesday. Biggest voting day of the year by far right now. Well take a look at the voting getting under way in
Military honors to hundreds of vets and families. It is march 5th. Here is todays eye opener, your world in 90 seconds. News on the first death in the state of california related to covid19. California declares a state of emergency. Another cruise ship is held off the coast of california because of coronavirus symptoms. I havent touched my face in weeks, in weeks. I miss it. Im glad to say i endorse joe biden. Mike bloomberg announced he is ending his campaign, pledging his considerable resources to joe biden. Certainly put a lot of money in this race. Chief Justice John Roberts slamming Chuck Schumer from making threatening comments towards two conservative justices. The search continues to locate survivors from the deadly tornadoes that ripped through parts of tennessee. Tense discussions, over military involvement in syria. All that. Walking over a volcano, nick wall end as latest extreme event. All that matters. Hosted a video of Mike Bloomberg licking his fingers eating pizza. Wro
Certainly the same as it had been in the past the labor market remains strong. Economic activity is rising as a moderate rate, these are the same phrases used in the prior statement in september job gains, Unemployment Rate has remained low Business Investment and exports both have weakened the fed says. Inflation remains below the 2 target the fed says a sustained expansion, stronger labor market and inflation near the target are the most likely outcomes uncertainties about this outlook remain one more time, let me go over the phrasing that the fred changed here before the fed said it would monitor the implications of incoming information for the Economic Outlook and act as appropriate to stay in the expansion. Now the fed is saying it will monitor the implications for the Economic Outlook as it assesses the appropriate path of the funds rate, guys, back to you. Why is that an important distinction, steve i think one has been used its been taken by the market to mean a rate cut is com