leave rates at zero through 2023 that lit a fire under the 10-year yield. take a look at the 10-year treasure true yield. this morning it was at .91. it it spikes 2 basis points up to .93. it has moderated just a bit, but still as fear. seeped out of the markets, that yield was higher. the prospect that money will remain cheap to borrow is definitely certainly a boom, but it was during this news conference where the dow, the s&p and the nasdaq along with the russell is taking aim at a report close, all of these indexes came off their lows. the dow turned positive a second ago. it needs a gain of 18 points, the s&p needs to see 7 points to the upside it s already up 10 to see new records. look at financials. they were all negative before his speech, and right now most are positive. let s call citi flat on the session. gold, interesting behavior here. gold yesterday moving higher, and we do today see the yellow metals continuing to jump another $9. commerce bank is calling
consumer stocks like kimberly-clark and chi pochi pot lay showing signs of strength. we ll take a deep dive on the debate over how and when to reopen the economy we ll speak to the mayor of las vegas, who has called the a stay-at-home order in nevada total insanity and florida s lieutenant governor and we ll speak with cme ceo terry duffy about the wild swings in the oil market those negative prices. and billionaire harold hamm s call for an investigation of crude futures trading. let s drill down on the big stories we are watching. 59 minutes left of trade mike santoli tracking the market rebound. phil lebeau has fresh comments from delta s ceo on the back of earnings and meg tirrell with the latest on the race for a vaccine. mike, start us off with the market and the rebound we re seeing today yeah, sara. down about 5% in the s&p 500 from friday s close through two days of trading, getting back in a very gentle way i will say today, kind of low-volume trading. about hal
going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, there s little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. it briefly shocked stocks higher but now we ve drifted back down towards the lows o the day a number of big interviews this afternoon. jack lew on the economic response cme s ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue he ll join us to discuss the pain that s being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. charlie from ariel investments is with us for the hoyer hour. meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. first, the new york fed just announcing that massive liquidity injection
coronavirus confirmed in the u.s. new york, new jersey and connecticut are banning all gathering over 50 people and closing dine in restaurants and bars following that recommendation from the cdc. u.s. airlines are seeking 50 billion dollar in government assistance and if approved, it would be the industry s first broad bail out since after the september 11th attacks we have full team coverage this afternoon. bob is monitoring conditions at the new york stock exchange. rick is out at the cme watching the bond market. bob, we ll begin with you. third trading halt in the last six trading sessions. that s this morning after the open 9:30 or so. 15 minutes the s&p down 7% these trading halts have, at least, served to slow the markets down a little bit and do bit put a bit of a break on things we ll keep an eye on that. we re continuing to see this bifercation in the market. health care and staples are out performing this has been the trend since thursday here. market gainers,
it s a good discussion for you guys to pick up. be well, thank you very much. welcome, everybody, to an important show tonight i m brian sullivan the virus outbreak rattling nerves that s a live look outside thes that zach. normally at is this time, times square would be packed with tourists, theater goers, commuters right now it is eerily quiet. the president saying the virus could stick around until late summer the impact being felt from main street to wall street. the dow ending the day down roughly 13%. an incredible 3,000 point drop by far, the biggest point drop ever apple down 12% microsoft lost 14% today every s&p 500 sector finished deep in the red, perhaps the most incredible move of all, bogue down 23 pshs, to $129. boeing was a nearly $400 stock just a few months ago. the selloff comes despite unprecedented action for the federal reserve, which did little to ease people s concerns we have full team coverage for you tonight. let s kick things off with bob pisan