But how exactly can they get that done . We speak with former ge vice chairman bob lutz in a moment. It and cnbcs coverage of the coronaVirus Outbreak begins right now. Good morning and welcome, im Courtney Reagan live in times square we begin with breaking news. Stocks set to fall at the open at futures overnight hitting their limit down levels once again. We are well off the session lows at the moment. Dow jones industrial average indicated lower to the tune of 1100 points, the nasdaq down by 213 points lets check in on the etfs that track the major averages remember, these are not subject to those limit downs the dow etf is indicating a drop of 3. 75 the spy down by 3 the qqq, that tracks the nasdaq, down by almost 3 . Lets take a look at whats going on in the fixed income market and take a look at treasuries this is a closely watched barometer of everything going on with the economy and the markets. The yield on the tenyear note is sitting at 0. 38 . A rough morning in energy. Gaso
Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us suffer, we all suffer. This is a time for us to come together. Vonnie and we have breaking news. Anthem will buy signet cigna. This had been telegraphed. Were waiting for this to become official. Anthem is buying cigna. That would work out to 48 billion, creating the Largest Health insurer in the United States. A year of talks. Tom and a moment in our financial history. I wish chris halen with you chris whalen was here. Ive never seen a headline that says anthem combined company sees accretion a
New iphones go on sale as the stock feels pressured this morning. Plus, geopolitics over the market, north korea leader is say hell test a Hydrogen Bomb over the pacific. First up, though, stocks are looking to regain momentum after the dow snapped a nineday winning streak and hit an interday high early in thursdays market. War of words between the president and kim jongun. We had the sanctions yesterday of the u. S. And china and now a threat over the pacific. The escalation is notable this week, michelle. Journalists know that the statement of kim jongun came from him directly. Usually north korean media, et cetera an escalation certainly but still not that much response i mean, considering what donald trump, the president said on the floor of the u. N. General assembly on tuesday, not a huge reaction yet over the concerns markets are putting it in that file that says, its been going on for decades maybe an incremental escalation and theres no clear path to handicapping where this go
Without the damage we had we had all that bad weather yesterday. It does look like today in general will be much better, then yesterday across the board. No not just here but throughout the afternoon it will remain on the quiet side of things. We will see plenty of sunshine which is wonderful and temperatures and that humidity much lower for our sunday then what we haddon saturday after noon. We have to show you this picture from Neighborhood Network right off the about a from palmyra cove across the bridge in new jersey and a wonderful scene this morning showing you sky line of our great fair wet i, the city of brotherly love hon what will be a wonderful sunday afternoon with temperatures that are much more seasonable, and that low humidity. Storm scan three again quiet this morning, what a difference 24 hours makes. Not a cloud even, on there on our satellite image and will remain that way. Few high cloud but should remain without any precipitation, throughout the day time hours. Tem
Jersey, where officials, confirmed two tornadoes touched down yesterday, see more of the damage, left behind, and what it looked like at its worse. And, a live look at center city shows us a beautiful start tour sunday morning. Matt says it will be sunny, seasonal today, a far cry from some of the wild weather, yesterday, morning. Yes, today is sunday june 25th, good morning everyone im jan carabao lets get over to meteorologist Matt Peterson with youre witness Weather Forecast this sunday morning. We are getting a much needed break you are not kidding a complete 180 from yesterday. We had thunderstorms, dreer toy start the day out, Severe Weather that came, plowing through the Delaware Valley and then today, you went outside you would have not thought we had bad weather yesterday, unless you saw trees that were down and then just remembered what it was like yesterday morning. It is a fantastic start to sunday whether it is here in philadelphia, up in the poconos or whether you are dow