In europe, also watching what has been happening there, you will also see just like yesterday europe is down across the board. The biggest declines coming from france and london. The cac off 1. 6 among the big market themes, momentum stocks outperform, some momentum factor er, etf up on pace for the best ever launch since 2016 we are going to have a technical analysts on. I was distracted i asked the analyst whether it works like this with the outliar. They insist, no matter what, they did bounce off the level. The ones they mention. It hit exactly and bounced off it we have bleakly here lets say this, we manage 6 billion of assets. We want that to go up. It is risk management. We need p emto worry. We have a lot of them around today. Including me burgon county, the first presumptive case of coronavirus. Energy is in a bare market off from its high in april industrials also in correction territory. Gold on pace for its best performance. Looking at prices this morning, youll see they ar
With second largest point gain on record. Up 1,173 points yesterday for the duh industrials, that was 4 and a half percent. Nasdaq was up 334 points. About 4 . The s p 500 also higher by a quarter percent with a gain of 127 points. Coronavirus, crisis continues, california declares state of emergency as the number of patients in the golden state rises, the house passing 8. 3 billion bill to bat it will virus, the senate due to vote on that today. United and jetblue cutting flights to the United States, all that coming up. Samestore shelves, heared out of clorox and canned soups. Senator Bernie Sanders releasing ad barack obama praising him and joe biden hitting back and Mike Bloombergs expensive run to the end and is Elizabeth Warren coming next . Mornings with maria is live right now. Maria we begin with another volatile day in markets this morning. Take a look at markets overseas as we sea big selloff in the u. S. Cac quarante in paris down 91 and dax index in germly lower 120 points
Bidens bounce. The new democratic frontrunner picks up another big endorsement after rival Mike Bloomberg calls it quits. Will Elizabeth Warren leave the race next . Urgent search for survivors. Rescue crews on the ground right now after an ef3 and ef4 ripped through tennessee. How theyre using infrared technology to find those still missing. Royal return. Meghan now back in the uk for the First Time Since the royal exit preparing to reunite with harry and the queen. Abc news exclusive. The couple risking it all over the mouth of hell. Nik wallendas wife hanging by her teeth over the active masaya volcano. Then nik making history, he joins us live. And taking on the odds. If we take it just one day at a time with a positive attitude, anything is possible. Alex trebek opening up about facing pancreatic cancer on the oneyear mark of his diagnosis. How his wife jean, his faith, and all of you are keeping alex strong. And good morning, america. Hope you are all well this thursday morning.
Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt at post 9 of the New York Stock Exchange giving back about half of yesterdays relief rally as breadth remains poor and the volatility continues and we are going to begin this morning with todays market selloff stocks remain volatile, the dow falling sharply after yesterdays gains, and thats the coronavirus concerns that continue to ramp up. Organizers around the world canceling conferences an trade shows over the outbreak. Ibm joining Companies Like facebook and google in canceling their own events yesterday evening whul others like apple and netflix have pulled out of conferences that are for now still moving forward like south by southwest were joined by Jeff Richards of ggb capital and j. J. Kinehan of td ameritrade. Good morning good morning, jon j. J. , first, what do you make of this volatility, the Market Reaction especially given weve been through months and months of trade concerns that didnt lead t
Torn apart. The devastation is heartbreaking. The new images this morning from tornadoravaged nashville. The death toll climbs to at least 24 people. Dozens still unaccounted for. This morning, the desperate search is under way, and incredible stories of survival. If we would have waited two seconds, we wouldnt have made it. The latest from nashville, just ahead. Outbreak. New cases of the coronavirus in new york and seattle, where an amazon worker tested positive. Coming up, the unprecedented, new measures schools and governments are taking to stop the spread. Breaking overnight, the u. S. Launches air strikes against taliban fighters just days after the two sides agree to a peace deal. Today exclusive, we go oneonone with simone biles, the most decorated gymnast of alltime. How she is preparing for the olympics, and her new message to usa gymnastics. Theres a lot that needs to happen before we can move forward. And hearttoheart. The queens very personal message to prince harry during