Tread the virus spread between people to the highest level. To the lowest level. Abigail very risk on. The bulls rushing back in. S p 500 up for a fifth day in a row. Longest winning streak of 2020. This is the first time we have had a fiveday string of gains. That tells you the degree and strength. Individual stocks having positive news. The nasdaq had a new alltime high. The stock, the chips index, same thing. Faang index driven by the likes of amazon and tesla. The fangs, those are the stayathome stocks. You were mentioning the virus data still being pretty bad. Realworld. Een the last couple of days, it has been a global rally with asian and european stocks. The new york faang adex really doing its best on yeartodate basis. Then it is the chinese tech stocks, the cqqs. Up 22 . S s p 500 and European Tech etfs up just about 6 . That has to do with those European Technology indexes. Nokia, somerickson, of these other companies. Tech, one of this years star winners right around the wo
G7 leaders hold a teleconference today to discuss the response to the outbreak, but anything short of a coordinated call for stimulus could be negative for stocks. European companies feeling the impact, as bmw confirms a case at its r d facility in munich. And, super tuesday in the u. S. The race for the democratic nomination for president tightens. Andwith Buttigieg Klobuchar gone, which candidate benefits most . Lets take a look at futures. We have gains in europe, but after the huge drops we saw last the, they pale, and after big 5 gains in the u. S. Yesterday they really pale in comparison. Surely up almost 1 , but everything rides on the g7 Conference Call and what it concludes is coordinated action. Anna u. S. Futures looking more muted, as you can see, but in the last half hour or so a little uptick again in u. Ds. Futures, which is interesting. They pulled back, on the earlier report saying the g7 statement would stop short of detailing any fiscal and monetary measures. Lets lo
Evacuated from the ship testing positive for the disease go into isolation here in the u. S. And now the new warning from apple about the virus and a temporary iphone shortage. Breaking news, Michael Bloomberg qualifies for his first democratic debate, set to take the stage tomorrow. The new poll just out this morning showing the billionaire surging to second place. Boy scout bankruptcy. The 110yearold organization now filing for chapter 11 as they face hundreds of sexual abuse cases. Inflight fight. The woman who filmed this video of a passenger hitting her reclining seat is speaking out now as she threatens to sue. Oneonone with dwyane wade the nba legend opening up like never before, speaking live for the First Time Since his daughter came out as transgender. His incredible message and the documentary revealing a side of him you havent seen, only on gma this morning. And its eilish, billie eilish. The grammy award winner now the youngest artist ever to record a james bond theme taki
Decision tomorrow. Ok cutting rates during the sars outbreak. Stimuluspecting fiscal measures out of south korea, not to mention a hong kong budget so lets get a check of the markets with our cross assets reporter. Downading at session lows, 1. 9 . The nikkei two to five bringing yeartodate losses to more than 6 . Beensi 300 stocks have paring some of the losses, but still down. Hong kong done more than 1 . Fluctuation in 0. 25 . Ow up 0. 5 i want to look closer at the technicals when it comes to the nikkei 225. When you are in a deep selloff, when does it end . Can bees moving averages looked at as Technical Levels of support. It already dropped to the 50day and 100day moving averages. Moving average currently holding, bouncing off that level. We will see if we can close above it. If not, it could portend a super selloff. Lets get more Market Reaction in korea. David ingles is in hong kong. What stands out to you . On top of the price declines in the south korean won , for example, we
Offers not just rides, but health care, payments, hotel booking, plane tickets and more. We met up with anthony tan in seattle, washington where they set up a new office to grab some of americas top tech talents. Joining me today on studio 1. 0, anthony tan and hoo ling tan, cofounders of grab. Lets start at the beginning. You met at Harvard Business school. How did you two find each other . The first year we were in Business School we were in different classes. The only times we met was when we were looking for asian food. It was only the second year we got to know each other because we both serendipitously took the same course called business at the base of the pyramid. Over that semester i discovered , this is the hardest working guy very and i was so glad he sat next to me because i was constantly looking at his notes. She did not do homework. She copied my homework. Emily are you ok with him saying that . It is the truth. Everyone knows that. [laughter] emily you came from a big a