Vaporized. We are at 9529 for that. The selloff comes as President Trump is minutes away from arriving in dallas, texas. Now, once he lands, hes going to head to a 4 00 p. M. Roundtable with faith leaders and police to discuss issues from racial inequality to Police Brutality. The Dallas Mavericks Basketball Team just held their own discussions with local police and current and former nba stars, including shawn marion. How has the nba team managed to strike the right tone . The ceo of mark cubans team is here to tell you. Shes here in a fox business exclusive on making the business of basketball both diverse and inclusive and of course we will ask her about the upcoming restart of the nba season next month. If you have to pick the underpin of all innovation today, you would have to say its a teeny tiny square of silicon with transistors on it. No wonder team trump is looking to lure foreign microchip companies away from china into the United States. The state departments point man is h
Market gaining ground after the president signed the 484 billion tumulus bill into law, this provides billions in aid to Small Businesses, hospitals and a lot more small loans to start rolling out monday. He said he wants to help the oil and gas industry. One company is in the middle of the pandemic is biomed, this is the nations biggest independent reducer of ventilators. We are going to talk exclusively the ceo of companies lifesaving equipment being used in the cova 19th battle. Last night nfl draft, not without its usual fans, we both tell you how they are raising money to end the coronavirus pandemic. Less than an hour to the closing bell, lets start the countdown. We begin with breaking news right now, once again, we are looking at the white house, live pictures there. The president mean at any moment with nasa officials. About their contribution to the fight against the coronavirus crisis, including a new ventilator designed from nasa. We will take you there when we get that in
Just a few minutes ago we hit another record low. The nasdaq of course is obviously under stress as well, down triple digits. Then of course, the Dow Jones Industrials completely lower by 1,862 points, although i would point out the low of the session is a loss of 2,096. Let me take you back to four minutes after the open. Stocks fell so aggressively that the First Circuit breaker as its called, the level, level 1, to halt trading kicked in and that exact trigger would be the s p 500 hitting level 1, a loss of about 7 at that time. Now, after 15 minutes, this is what the dow was doing earlier on the new york Stock Exchange, after 15 minutes of the halt, stocks then reopened and thats when the dow promptly fell 2,046 points. At its low, 9 50 a. M. Eastern time exactly, coming within 200 points of a bear market level. In the last 15 minutes, the dow hit another new intraday low so we can change that 2,158, 2,158. Lets talk about oils response to this deadly Coronavirus Impact on the glob
Points. As the coronavirus outbreak shows no sign of slowing here in the united states, the s p and nasdaq are going to expand after earlier rallies. Down three and a third , nasdaq down two and a third period in what will be possibly the most important hour of trade this entire week, our market power panel among them manage more than 1 trillion is here. Whether he sees any Entrance Point and Eric Freedman on the one sector he loves in both good times and bad. As new york governor orders the entire estate to shelter in place, one of the biggest hospital chains is kicking off Clinical Trials in partnership with gilead, the two Companies Close to a vaccine. The man, the doctor overseeing the study of patients who have tested positive at the hospital gives us a scoop on how quickly his team can get the job done. Movie theaters across the nation have gone dark. The Box Office Receipts are plummeting. Amc theater ceo adam of Amc Entertainment on his Companies Fight for survival and how much
One famous wall street name. We will get the very latest from the white house. And the daytona 500 overshadowed by a final lap crash that sent ryan newman to the hospital right there. There goes his car. Also sent denny hamlin to victory lane. The man of the hour himself will join us in moments on his second straight victory in the Great American race. Incredible stuff. Less than an hour now to the closing bell, im Ashley Webster in for liz claman. Lets start the claman countdown. Ashley all right. We have this fox business alert. The jury has just returned from recess during day one of deliberations in the Harvey Weinstein case. The jury made up of seven men, five women. Weinstein is accused by two women of rape and criminal sexual acts. Weinstein also facing two aggravating counts which could keep him in prison for life and of course, we will bring you all the latest developments in this case if the jury returns a verdict. Thats going on right now. Well, as the markets search for dir