And senate . Actual negotiations havent really started yet. H we are looking at the house producing their opening offer and all the stocks and that would be a bill looking to exceed 2 trillion and maybe even 3 trillion potentially when it is finally drafted and released. Sir sidney hoyer told fellow democrat they would not vote on it before friday so we are looking to see if it gets released from house leaders today in order to give members some time to review it and 72 hours to travel back to dc to vote on it by friday. Core of the bill would be to state and local governments which are suffering from a massive Revenue Office depend on sales tax for most of the revenue where most doors are closed. That has been out for state and local governments could approach charlie and dollars and they are looking significantly at a new round of Cash Payments to individuals that would be another round of 1200dollar checks that most people got from the march stimulus bill. We are not clear on the am
It is still mixed. Analysts in the reports use words like mixed, mediocre and unimpressive to describe the result. Unlike Credit Suisse, we did see ing miss. They are feeling the pinch of lower Interest Rates. Google, herbert stumble for them. Google, a rare stumble for them. We saw staples in europe followed by utilities. Switching to the negatives, these are more telling. You will see oil and energy and materials have the worse earnings, basically seeing the growth drop by nearly 30 for energy. And more than 35 for materials. Thank you dani burger. We had more breaking news on the bloomberg. Let me bring you these numbers. It is at the low end of guidance. Cost of fx is up. Thirdquarter sales come in at 32. 8 billion danish krone. Ever so slightly soft, in line on thirdquarter sales. Thirdquarter net income, 10. 1 danish krone, that beats the estimate of 9. 6. The red headline says it raises the low end for 2019 sales growth guidance. Lets get back to earnings season, we are joined b
Ahead. Good morning. A warm welcome to Worldwide Exchange. Im wilfred frost. Lets check in on the markets after a significant selloff yesterday. We lost 20 points to 30 points on the dow right at the close. Down 1. 4 , having been down 1. 2 for most of the final few hours of trading we were down 363 points. In the midmorning the dow was down about 400 points. The s p was down more than 1 . The nasdaq down just less than 1 10 out of 11 sectors were lower yesterday. Healthcare and energy were down around 2 . But month to date the returns are impressive in this final trading day of january the nasdaq standing up around 7 even despite those couple falls, and the dow is up this morning 74 points, the nasdaq up 20 points, and the s p up 9 points in the premarket tenyear treasury note, still above 2. 7. That crossing of the 2. 7 happening with yields rising, something that has concerned some equity investors. Yields about 2. 7 still this morning. President trump striking an optimistic tone in
Explain. He cant get damage control right. He makes a lot of excuses and people have to come back and explain for him. Its on and on. This is cnn tonight. Im don lemon. Thank you so much for watching. Its hard to imagine that President Trump could have looked weaker than he did yesterday standing next to Vladimir Putin in helsinki. Well, that was until today when he couldnt even pull off damage control. It took more than 24 hours for the president to offer the weakest possible excuse for his unprecedented display of unamerican behavior yesterday. In a key sentence in my remarks i said the word would instead of wouldnt. The sentence should have been i dont see any reason why i wouldnt or why it wouldnt be russia. So just to repeat it, i said the word would instead of wouldnt. And the sentence should have been and i thought i would be maybe a little bit unclear on the transcript or unclear on the actual video. Not only does that defy logic it defies common sense. How dumb does this presi
Tough he is. Look, we all know its easy to be tough talking about somebody. When youre talking to them, thats what we saw yesterday and we saw which way trump went. Yeah, this is the president of the United States. His words have consequences, and hes had so many hes had to explain. He cant get damage control right. He makes a lot of excuses and people have to come back and explain for him. Its on and on. This is cnn tonight. Im don lemon. Thank you so much for watching. Its hard to imagine that President Trump could have looked weaker than he did yesterday standing next to Vladimir Putin in helsinki. Well, that was until today when he couldnt even pull off damage control. It took more than 24 hours for the president to offer the weakest possible excuse for his unprecedented display of unamerican behavior yesterday. In a key sentence in my remarks i said the word would instead of wouldnt. The sentence should have been i dont see any reason why i wouldnt or why it wouldnt be russians. S