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Im burnt off its good to have you with us fears of the coronavirus have left a trail of losses around the world share prices plunging today with billions being wiped off the value of global indices for the 1st time in a decade trading a wall street was suspended after the dow jones nosedive more than 7 percent immediately after the opening bell. Was things went down hill right from the opening bell the dow jones plunged nearly 7. 3 percent. Energy Company Shares took an especially hard beating prices threaten to plummet so low the trading was suspended for 15 minutes for the 1st time in more than 10 years. Prices nosedive all over the world on monday starting in asia mainly due to fears about the economic fallout of covert 19 in tokyo the nikkei index lost 5 point one percent. In the markets a crashing and Economic Activity stops that means trouble on the field. Over the w ....
Im max foster thanks for joining us italy has extended its emergency n. C. Coronavirus measures with a lockdown of the entire country italian Prime Minister just says that from Tuesday Morning travel restrictions will apply to the whole of italy not just the north as before he says the right thing for people to do at the moment is simply stays at home all sporting events are to be called off or on a virus has killed more than 460 people across the country. And for the latest were joined from the land by journalist sylvia but carty sylvia is this a surprise. Well it is a surprise of course its shocking but at the same time many people were calling for Something Like this so the regents all the president s of their regions in and in egypt who are asking for an entire closure say has been a surprise but at the same time it ....
President trump meeting with Bank Executives right now at the white house about the state of the economy, amid the outbreak. Well bring you the president s comment from that meeting as soon as we have them. We have fox Business Team coverage. Jackie deangelis is on the floor of the new york stock exchange. Edward lawrence is outside of the west wing. Phil flynn watching action in oil and gold at the cme. Jackie, first to you. Reporter melissa, good afternoon to you, when i say the new normal expect the seesaw swings, it is not really an exaggeration. Tensions were high on the floor today, traders trying to internalize it, deal with it in the best way possible, basically saying until the virus peaks in this country and starts to fall off, you will not see an end to the volatility. Today a more than 1400 point loss. Session low was down 1689. The dow is now in bear market terri ....
This is bloomberg surveillance. These are your markets. Quite a lot going on in terms of brexit. Hopefully there is a lot going on when it comes to trade. That is what the markets are putting their hopes on. Lets get that board up for you so we look at what european equities are doing and a little bit of weakness. Stocks in general higher. U. S. Futures higher. Bonds. S in we are expecting a lot of news out of companies such as amazon. Com. 1. 2 957, all eyes on westminster and a possible vote in the house of commons behind me. That is coming up. More from our interview with mark carney at the imf meeting in washington over the weekend. First, lets get straight to super saturday. That was last saturday. Indian lawmakers voted to withhold approval from oris Johnsons Brexit deal until all the legislation had passed. The Prime Minister was then forced to send a letter to brusse ....