Continued coverage of the coronavirus outbreak begins now. Good morning and welcome breaking news, the Senate Passing an historic Coronavirus Relief package last night with a unanimous 960 vote. Chris joins us from new york what are the next steps for this bill reporter after days of partisan disagreement, the Senate Finally reached Common Ground on this vote, the yays are 96 the nays are zero. Reporter hopes to help the people blindsided by the coronavirus outbreak we are going through a crisis unprecedented. Im damn proud of the work weve done reporter sending 1,200 checks to individuals, 2,400 for families and 500 per child. Relief for the nations hospitals. Expanded Unemployment Benefits which means four months of payments for workers that will give them a sense of security they dont have right now. Think of the size of the bill you are asking members to vote on they should have the ability to have their voice be heard whether they are for it or against it passing within hours. The
Minor deal that would be open. As far as no more tariffs would be open as far as two more rounds of duties in return, they said they would be open to things. Speaking on the background in terms of noncore recession saying they still would not budge. That was an official speaking to one news source. Lets take a look at what would happen in asia the nikkei came under pressure hang seng down about. 8 and shanghai am coup about. 4 markets go up or down based on what rumor or headline at any given point on these trade talks scheduled to begin tomorrow in the United States. In europe, the bachl dax is up y about 1 looking at the treasury market, yields are higher. The 30year, a little higher than where we were yesterday the twoyear sitting at 1. 44 . Eunice yoon joins us now. Did we sleep last night. We look horrible without these thanks for pointing that out. Mine is too bright. We are going to toss to eunice ill tell you what way was thinking about on my way in. Did you hear about how many
If she becomes president and will be welcome. Definitely is stock to watch all the major indices. Democrats win the senate you tomorrow as well as we said, netflix is lower microsofts Conference Call set have to be paying attention to to kick off next hour. What shes proposing in the back to john fortt with a look Communication Services bottom, campaign right now. Clearly, there is a bank at what to expect. John, what do you make of what Oil Continues to slide down 3 aspect of that, as you said, we heard from the quarter so with the reinstation of glass far . Yes, the call in just over 30 minutes, and this is going to today, 8 for the week as a be somewhat of a victory lap for whole. Financials top the sector stiegle. Whats your take on that performers microsoft. Revenue, you recall, came in news this hour, as airline do you think thats a calculated nearly a billion dollars above point from her, to think well, executives get ready to meet expectation, strong eps and with the president
Good morning. Im scarlet fu. We have a stocks little changed at the moment holding near record highs and for the week they are set for the longest streak of weekly gain since february. This week was eventful and that we got inflation data that reignited hopes that the Federal Reserve will cut rates although the Federal Reserve has been careful to point out they are willing to be patient and want to make sure the Data Confirms disinflation is intact. You have investors looking ahead to nvidia results next week that will answer the question whether the hype in a height companies is justified. We had the 10 year yield barely moving higher, 4. 4 at the moment. Fed speak will help determine what happens next in the bond market. Overseas, new data out of china showing industrial outlet rising faster than expected. Beijing has a package to prop up housing markets. In the koran joins us now enda curran joins us now. Enda we saw at sales slump and slowed the most since 2020 two. And weakness ac
The rapid rise of weight loss drugs is generating a host of new product lines as companies hope to land on the right side of the health care disruptor.