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 industrys 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, well begin with you. Third trading halt in the last six trading sessions. Thats 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 well keep an eye on that. Were 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, if you look at so
Now, the s p 500 up 15 were just about 30 important off the session lows the nasdaq adding 20 on the sex. All three, by the way, on track to snap four week losing streak. Kelly . Mellissa, thanks august has been the rough month for the marks, the s p down more than 3 what needs to happen bob pisani is looking for the roadmap for the bulls. Maybe we needer it to be september. Thats what i want. The bulls cant wait to get out of august. Theyre hope for more stable Global Economic data, number one theyre hoping for more help from central bank easing and theyre hoping, most importantly, no radical downward revisions. Earnings estimates for the third and the Fourth Quarter earnings are the key here. So far other than notable energy and materials flatish remains the buzz words in 20 fine. But the bear versus plenty of am fix, too trade wars are hurting growth and earnings prospects that are out there. We seen lower yields thats submerge as the new worry overall, traders are freting Central B
Im melissa lee. Stocks trying to carve out some gains. Dow, the data on the american economy. Offsetting nervine nervousness highest close in more than a month. Materials and industrials are the best performing sectors. Forget the Government Shutdown forget the trade war even brexit, there is a whole new fear in this market. Bob pisani is here at the nyse to explain, bob . Im calling it fear of missing out. I know its overused but fomo is back in a big way and youre right, china is taking a bit of a backseat to this let me explain here. Weve seen it drift up in the last few days. Earnings releases come out managers behind the benchmark and up almost 5 you cant underperform in 2019 as the market down and then underperform in 2019 when the markets are up thats bad for managers. Financials have been oversold, making it easier to buy as the earnings that have come out okay and the markets cheaper in general. 15 times forward earnings. 17 times, just six months ago. Earnings expectations ar
The FBI and Rio Rancho Police Department are seeking the public’s assistance to identify the Tan — now Grey — Pants Bandit, who is wanted for multiple bank robberies in
FBI, Rio Rancho PD seek public's help identifying 'Grey Pants Bandit' yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.