Credit market. Thats coming up in the next hour were also going to talk to matt shay about the pain the pain out there with retailers weve heard about furloughs from gap to macys. What kind of unemployment statistics are we going to be talking about for the biggest private sector employer in the United States and do they qualify for relief in the new congressional package. Lets focus on the big stories were watching in this final hour of trade. Bob pisani joins us with a look at the quarter mike has a deeper dive on the s p 500 today. Steve has more on the feds latest move and what the economic signals are telling us. As we get ready to close out the quarter. Boy, good riddance and good riddance, exactly. Treasuries up and rebalancing. Buy stocks, sell bonds might help a little bit towards the close. Corporate Investment Grade flat and high yield down. Reminding us that in a recession, high yield tends to act. I want to show you the charts here boeing, have you seen anything go to 150
Risk assets take a beating. U. S. Stock features plummet limit dad down amid a selloff. Europe points to more losses and Oil Nosedives below 30 in new york as an opec plus breakdown see saudi arabia prices saudi arabia slash prices. The entire Treasury Curve sits below 1 for the first time in history. The yen surges the highest level in three years and gold briefly tops 1700 an ounce. Billion in counting. That is how much governments have pledged to pump into the Global Economy to combat the coronavirus. But is it enough, the current market verdict is absolutely not. Awaye just under an hour from the start of cash equity trading in europe and u. K. Lets take a look at futures. A sea of red everywhere you look for risk assets. Seene personally never futures this low. Of course i was not here for the financial crisis, but we have more than 6 drop across the board. Features down seven and a quarter percent. Drops inmassive futures. Said,o see futures, as i limit down in the u. S. They bum
In the sessionus that we had in november that he was going to try to start the trial on the second charge in september 2020. I was very happy. I said finally, we will see the end of the tunnel. We are talking about 2020. December,me on 26 when we had the pretrial, and prosecutorraid the cannot afford to have two trials at the same time. Too much work. So what did they say . They say i cannot promise the second trial in september. I am not going to commit, but certainly not before 2021. Postpone, postpone, postpone. It is always the prosecutor who prevails. This is number one. Number two is i want to see my wife. My wife. Want to see maybe for a lot of people, it would have been a lot of punishment not to see their wife it would have been not a punishment not to see their wife, but for me it was. They knew i love carol, and she is a pillar for me. Had knew this because they all the correspondence. They had the email. They were not supposed to have the email. They were not supposed to ha
Responsibility internationally she also says its time for germany to be more robust about representing its own interests. And chillies in the battles president moves to increase the minimum wage but will it be enough to quell the countrys worst undressed in decades. Plus we go to cameroon for a look at people making movies in a country where no one goes to the cinema. Hadnt a very warm welcome to you im under cheema good to have your company jelly celebrate the parody the anniversary of the fall of the berlin wall and the u. S. Secretary of state mike below is visiting the country to join in he served as an army officer in germany during the cold war period met u. S. Troops at a minute. Training camp for 4000 u. S. Soldiers and their nato partners in bavaria after that he visited the form of border village of reuters the German Foreign minister. The village was divided by a war during the cold war giving it the nickname little lamb then went to underly decision where mass protests star
To 60 degrees right now at 59 later on today do expect nice conditions a few passing clouds highs mostly in the 70s across the bay, san jose upper 70s while oakland and San Francisco. Each in the low 70s, ive got more on your forecast still to come. Thank you hn checking in on the golden gate your trip from the north bay to San Francisco looks pretty good. No major issues right now, but we do have the typical crowd from highway 37 to sandra fell by the time you make it to the golden gate. Youre in good shape. So well put it at 41 minutes from highway 37 to the toll plaza could pick of the bay bridge traffic 80 west heading into San Francisco. It is already thinning out in the carpool lanes but the cash lanes and the fast track lanes are stacked up here back up spills to the body. It but its nice and quiet. Thats how we like it 12 minutes to make it off to fremont street. Well check more bridges and drive times coming up back to you. Thanks a to one and today President Trump makes his f