36 Burst results for "Dow Industrial"
Dow Closes Above 35,000 as U.S. Stocks Rebound From Jitters
"Here's Jim Tesco stocks closed out a strong week with 1/4 straight advance and the major market indexes at new highs. The Dow industrials ending above 35,000 for the first time. In the Friday session. That blue chip index rose 238 points the S and P 500 gained 44. The NASDAQ composite leaped
Fresh update on "dow industrial" discussed on Michael Berry
"Top story. The South Texas border town of Del Rio was being overwhelmed by legal immigrants earlier today, Texas state troopers at asked of shutting down international points of entry was possible more than 6000. People are waiting under a highway bridge to be processed after crossing into the United States. Fort Worth State representative and House Freedom Caucus co founder Matt Krause is throwing his hat in the ring challenging Paxton in the primary for Texas. Attorney General Kraus says he has the conservative ideology of Pakistan but without the legal baggage. Crowds is the third serious Republican challenger to Pakistan, following declarations by Lane Commissioner George P. Bush and former Texas Supreme Court Justice Evo Guzman. Ktrh news time 502 on Wall Street, The Dow Jones is closing far from intraday lows as seasonally weak trading period approaches. Now the recap of how all the major stocks fared at the end of the day. Here's ktrh Money Man Pat Shed brought to you by GM auto leasing dot com Good evening. Wyatt. Stocks Closing today Mixed The Dow industrials finishing today down by 63 points closing at 7 34,051. S and P 500 down nearly seven points 1/10 of 1% and NASDAQ barely in the green up 20 points on the day oil little change $72.61 a barrel E stronger dollar costing weakness in gold gold down by.
"dow industrial" Discussed on Bloomberg Radio New York
"That's when it comes, stands trying to hear like because it's not a popular Bangles song right now, especially, I mean it's not well known, like, say if she knew what she wants or manic Monday, or Carlisle, right? That was the go, go. That's the go. Go's Susanna Haas was the Bangles. You know, she actually used to sing in a band not far from where I grew up because I think she was actually New York East Coast based before she became kind of a West Coast are part of the West Coast band indeed. All right. Moving on. I love it. I love what David's dismissive. Yeah, he wants to talk about the chart he wants Exactly. I won't love that. That's right. I mean, good song for the chart by the question is, who are the heroes lately? In stock market? It's been big tech, right? I mean, we've seen the technology companies kind of have a bit of a resurgence here. So the question is, When do they take a fall? Well, maybe when they come out with second quarter results, At least that's the concern of Michael Shall the cheapest decade to observe at market field Asset management, and what he did kind of highlight is concerned is tracked the ratio between the NASDAQ 100 index, which is dominated by technology companies and their peers. And the S and P 500. You saw that indicator set a record in February with the NASDAQ, 103 and a half times the value of the S and P 500, then pulled back into the middle of May. And lately it's been on a bit of a resurgence up about 7% from its May 13th level, which was the low for the year. And coming within 3% of change of that February high, So you know we're now in a situation where you have to wonder how much slack these companies are going to get from investors, if their quarterly numbers or their outlook or whatever doesn't measure up to what people were interested. They're going to get done exactly my thinking. That's kind of his point to, as he puts it. There will be no room for forgiveness. I'm quoting from his report there. So if you want to know more folks, send me an email. I'll get you the chart. The explanation goes with it and everything I do. Going forward. The email address is D. Wilson at Bloomberg dot net. That's D Wilson at Bloomberg dot net. But this is right. You know, you look at how much some of these names have gone up the expectations. And if they even disappoint a little bit, I mean, we've been honored such a run with some of these names that you understand it, right? Absolutely. I mean, that's really the story. I mean, to the extent that you've seen this sort of renewed interest in you know, the Microsoft and the apples and whoever the world I mean, they're more vulnerable, and that's sort of the point exciting week for earnings coming up, and we'll get to see how they've done and whether or not that the high price or some would argue, expensive price of the company stocks are supporting what they've done and how they're looking at the future. Yeah, you start to see it next week and more so the week after, you know, based on how the results sort of line up in terms of scheduling here, the the week after next is really when things are going to get interesting among the earnings that are coming up with just real quickly, who can be watching? Well, I mean, there's always IBM. There's Netflix. I mean, nine companies in the Dow industrials reporting next week, so you know plenty to go through there. And let me tell you about my stock of the day. Go for it. Mar 10 Transport. The ticker is MRT and it's a trucking company. You know, you hear all these businesses paying up for transportation cost you figure a trucking company would be doing pretty well right? Not so much. They came out with second quarter results late yesterday. Their earnings weren't exactly what analysts are looking forward to Bloomberg survey Revenue wasn't either and they talked about, among other things, the unrelenting national shortage of qualified drivers. You put that all together you saw the stock reached its lowest level since October, and at the moment it's down 5.8%. I love transportation stocks. I love because it really tells you what's not our is moving around in the economy. There's not more than 8% this year. Look for Dave Stock of the day, just after 4:15 P.m. Wall Street time on Facebook, LinkedIn and Twitter at the one day go. That's it. MRT n the ticker in case I didn't mention it earlier, Marty and all right. Dave Wilson, have a good weekend. Let's get a check of world in National news with Nancy Lyons in.
400-Point Gain Turns Dow Industrials Positive for the Week
"Major averages ended the week with record closes today, rebounding from the previous session's losses of concerns of a slowdown in global economic growth. The Dow Jones industrial average rose about 448 points, or 1.3%. The S and P. 500 was up just over a percentage point and the technology heavy NASDAQ composite rose 1% as well. Today's comeback brought all three major averages into the green For the week. The Dow rose a quarter percent for the week, and the S and P. 500 NASDAQ were up almost half a percent for the week. The stocks that led the losses on Thursday all recovered with major gains today. Bank of America jumped 3.3% leading a bounce in financial shares. American Airlines and United Airlines both gained more than 2%.
United expands order for Boeing 737 Max aircraft
"There are a bunch of them within two C's being up so much. Boeing has been the leading gainer among the 30 companies making up the Dow industrials. Shares are up about 5% thanks to an order from United Airlines for 25 Morson in 37 Max planes. It's in a solid vote of confidence after the max is were grounded for 20 months after two crashes, Draftkings the sports
Powell Pledges to Maintain Fed’s Easy-Money Policies Until Economy Recovers
"His second day of testimony before congress federal reserve chair. Jerome powell made more reassurances that the central bank will keep interest rates at ultra low levels as planned that eased fears on wall street and pushed stocks higher. The dow industrials closed at a record of thirty one thousand nine hundred sixty two up one point. Four percent the s. and p. Five hundred snapped a five session. Losing streak closing up one point one percent and the nasdaq also added one
Stocks drift to mixed close
"Narrowly mixed today, the S and P 500 edged up one point and the NASDAQ composite Rose 73 both indexes again, notching fresh closing highs. But the Dow industrials slipped 12 points. After the closing bell. IBM reported mixed fourth quarter results. The tech giant's per share earnings of $2.7 topped expectations, but revenue of $20.37 billion was weaker than expected revenue that IBM is cloud and cognitive software segment fell 5% from a year earlier in after hours trading. IBM shares are down more than 6%. That's your money. Now we
"dow industrial" Discussed on KOMO
"Minute sponsored by Propel Insurance stocks opened the final month of the year with solid gains both the S and P 500 NASDAQ composite or any fresh closing highs. Theo S and P Rose 40 points today, while the NASDAQ jumped 156 or 1.3%. That tech heavy index now up 38% this year. The Dow industrials today ended 185 points higher way. Mo's primary testing side for its driverless vehicles is in California. But in mid 2021, it'll open a second permanent site near Columbus, Ohio. The new site will plan motion control, testing, heavy duty truck testing and testing varying weather conditions. That's your money now. Here are your political insights from ABC News President elect Joe Biden formally introducing members of his economic team secretary Treasury. I am really Pleased to be able to nominate Janet Yellen. No one is better prepared to deal with these questions, while Attorney General Bill Barb breaking with President Trump and saying the Justice Department has uncovered no evidence of widespread voter fraud bar, telling The Associated Press quote we have not seen fraud on a scale that could have affected a different outcome in the election and quote the president's attorney, Rudy Giuliani, responded with a statement insisting otherwise, though most of the Trump team's legal challenges have fallen short. And as lawmakers still try to hammer out a covert 19 relief bill and his covert 19 cases continue to surge across the country. Senate Majority Leader Mitch McConnell circulating a new proposal. This comes after McConnell met with Treasury Secretary Steve Mnuchin to try and figure out what President Trump would support. Those are your political insight. Simon has delicate Terra ABC News. Nearing the end of the Trump Administration Attorney General Bill Bar has given some protection to the prosecutor he appointed to look into the origin of the Russia investigation. ABC is Aaron Qatar Ski has more naming John Durham special counsel makes it harder to fire him. Even when President elect Biden takes office terms investigation into the beginnings of the FBI probe of collusion allegations involving Russia and the Trump campaign can now outlast the Trump administration. Attorney General Bar told The Associated Press Terms focus has narrowed on the FBI personnel who started the case that eventually was turned over to Robert Mueller. Mueller's team charged three dozen people but alleged no conspiracy between the campaign and Russia to defeat Hillary Clinton. Aaron Carter Ski ABC NEWS New York Federal investigators are looking into whether lobbyist tried to bribe Trump Administration officials in exchange for presidential Pardon. ABC Sandy Field has details from Washington. The unsealed and partially blacked out. Court documents outline a Justice Department investigation to see if lobbyists tried to pay off White House officials to get the president to pardon someone. The court papers don't identify the lobbyists or those trump officials, the documents say. Investigators sees communications between the two the president's spokesperson. Commenting on the case come, Oh traffic.
Small businesses struggle amidst lockdowns, larger companies are hopeful
"Have really taken a hit. In the last several months as a result of the covert lockdown. We're not seeing that. Interestingly, we're not seeing that in the S and P 500. Of course, the S and P 500 reflects the largest 500 companies in the United States. And they are for the most part and pretty well insulated. From the From the effects of covert. The shutdown has affected as you pointed out, primarily smaller businesses. Restaurants, uh, a lot of those types of businesses that and while that's crushing your your business owner, the larger companies no. But when one looks at the charts, we see the Dow industrials the S and P the NASDAQ the transports all rocketing to new highs. A Gordon So I think that bodes well for the for the economic health for the U. S. A. Here looking out 6 to 9 months.
How major US stock indexes fared Monday
"Steam over the final hour of the Monday session, but blue chip still finished with very strong gains. The Dow industrial's ending 834 points or nearly 3% higher. The S and P 500 jumped 41 points on the day. Both of those indexes earned intraday highs before pulling back. Check. Heavy NASDAQ Composite East 181 points, something
Nearly 900,000 people in the U.S. filed new state unemployment claims last week
"Clark. The Dow industrial average dropped more than 1% of its value at the opening bell. It's recovered slightly, but still down. That's due in part to another. A week of historically high unemployment claims. ABC is Erica Turkey has details nearly 900,000 American workers filed new claims for unemployment benefits last week. It is the 30th straight week of historically high jobless claims as the pandemic continues to hit the American economy. Major employers like ABC News parent company Disney, along with United Airlines, and all state have announced layoffs in recent weeks and Maura layoffs are expected in the
Dow Jones Rally Hit By Schumer Remarks
"On the screen today. The Dow industrials finishing today up by 35 points goes in a 27,008 17 S and P 500 up 17 points, one half of 1%, the NASDAQ, the top performer up 159 points or 1.4% On today, stocks opened higher on hopes of that stimulus package getting through well. We gave a lot of that back this afternoon. That was after comments from Senator Schumer, he said. The two sides are still pretty far apart. The house still a 2.2 million. The White House at one point make that trillion Just two trillion off 1.5 trillion at the White House. Well, we also
Asian shares gain, cheered by US rally on hopes for stimulus
"Down 65 points. Things did close up a bit. Yesterday, the Dow industrial average gaining 2/10 of a percent closing at 26,008 15. Also the NASDAQ, closing up just a bit. Closing at 6, 10,072 and Asian stocks now rather mixed shares other than China advanced today, cheered on by yesterday's modest rally on Wall Street. There are still hopes here for a fresh stimulus for the US economy. Thank you, sir. You're watching
Closing prices for crude oil, gold and other commodities
"And two of the three indices that make up the Wall Street numbers are still higher. But the NASDAQ is down 44 points at the moment, but the Dow industrial average up 160 points and the S and P. 500 is up 10 points. The hurricane impacting the oil production situation. Oil is up for a second day, gaining more than 2%. Is that hurricane closed US offshore production and an industry industry report report showed showed US US crude crude inventories inventories unexpectedly unexpectedly decreased. decreased. Brent Brent crude crude of of 85, 85, cents cents $41.38 $41.38 a barrel and U. S crewed up 88 cents at $39.16 a barrel. Gold moving higher as investors are betting on the dovish US Fed stance, but we'll get later today, but gold prices are up 4/10 of a percent The spot gold price at $1963.97 per ounce. And taking a look at the numbers
Dow turns positive for 2020 as stocks finish higher
"Closing today Higher The Dow industrials finishing today up by 161 points. Closing 6 28,053 S and P 500 up 23 points. Two thirds of 1% Netto that for the NASDAQ by 70 points, the Dow Jones industrial average officially back in positive territory on a year today basis. The game's pretty much across the board. All 11 stock sectors were up in price casinos, cruise ships and airlines all sharply higher. That's for the second day in a row. It's on news we reported yesterday. Abbott Labs has a Corona virus test. It takes this 15 minutes and costs just $5 oil down seven cents $42.97 a barrel gold By $42.30 announce that $1975 and finally for the weak the Dow Industrial's up 723 points or 2.5% with the check of your money from the Office of
Salesforce, Amgen, Honeywell up in premarket on news of Dow industrials shake-up
"A look at the changes that are coming to the Dow Jones industrial average because you are seeing movement in the shares that air going in and coming out. You've got Amgen up 3.5% Honeywell up 3.5% salesforce dot com Up 2.5% They're all going into the Dow industrials before Monday's open all this tied into apples for for one stock split, which will be complete by then They want to maintain technology as a percent of the index. Of course, you know, the Dow is Price waited, so Apple split will bring down the percentage of technology within the average. So they ad sales force they put in Honeywell. Ah to go Morte toward industrial away from just defense, which Raytheon Technologies represents an Amgen eyes replacing fighter. So you get a biotech element. All the
Dow industrials down 100 points early Friday as just four of 30 components rise
"Wall Street stocks or lower the early trading this morning, Dow Jones Industrial Average is down 33 points. NASDAQ Down 53 the S and P is down four
Dow's down 396 points as stocks hit day's lows in final half-hour
"Good afternoon. Corey stocks closing today. Lower the Dow industrial finishing the day down by 396 points, 25,008. 90 s and P 500 down 34 points. That's right at 1%. The NASDAQ Down by 89 point stocks were just flat lining for most of the day. The market's rolling over in the final hour on no riel News. Nine out of 11 stock sectors were down in price consumer staples as well as Communications, the only two
Dow industrials down 600 points early Monday; all 30 components in red
"Well it's it's ugly Dow industrials were down six hundred points earlier all thirty components in the red currently Dow Jones down about four hundred points so we're we we've gotten back a full percentage point we were down earlier today seven four hundred eleven point twenty five one ninety four S. and P. down thirty points still above three thousand nasdaq up I beg your pardon down forty points down about a half a percent this all comes down to fears on fresh cases of the coronavirus in China in investors are are on edge today because there's growing fears that there are there are you know a bit of a this man is not over let's just put it that way and then that's causing the markets to be jittery this point you can see all
Global stocks rise on economic rebound optimism
"Stocks are rising along side equities in Europe and Asia amid you bounce of stimulus and positive economic signals is coronavirus lockdowns ease S. and P. five hundred index higher two shares gaining for every one that fell textures lag behind we've got Facebook and apple both trading lower right now with the S. and P. five hundred index up thirteen that is a gain of five tenths of one percent Dow industrials up one hundred ninety points now up eight tenths of one percent nasdaq car by eleven a gain of just about one tenth of one percent
Fed's Powell says economy may face 'extended period' of weak growth
"Good morning in the market the stock market is a red screen this morning the Dow industrial average down a hundred and twenty four points trading at twenty three thousand six thirty two the S. and P. five hundred is down eight points to twenty eight sixty one and the nasdaq is down six points at eighty nine ninety six mix of the CBOE ups lightly up point oh seven at thirty three eleven in remarks by federal reserve chairman Jerome Powell this morning is sober review of where the U. S. economy stands on the beginning of its re opening he said the country could face and quote extended period of weak growth and stagnant incomes he pledged to use more fed power is needed an issue to call for more fiscal
"dow industrial" Discussed on KOMO
"Slight retreat for both the Dow industrials and S. and P. five hundred Dow he's thirty two points but the tech heavy nasdaq composite slate of one hundred twenty two points or one point four percent word that Simon property group will re open about fifty of its malls and outlet center is this weekend nearly half of them in Texas sent shares up the nation's biggest mall owner surging ten point seven percent oil futures fell again amid continued oversupply concerns June crude dipped three point four percent to settle at twelve thirty four a barrel that's your money now for what it's worth I'm Brian Clark as the corona virus spreads hope has been put in several drugs as treatments president trump last week again talking up a malaria drugs I did speak with the president of Honduras just a little while ago and I did bring it up he brought it up he said they use the hydroxy for a quick then he said the results are so incredible but studies have been inconsistent with several showing no effect on cold nineteen the latest craze is centered on the active ingredient in pepcid AC this woman gave it yourself all of the breeding issues went away and my fever was gone within you know twenty four thirty six hours ABC's Dr Jennifer Ashton warns I really worry when we hear these anecdotal reports of one patient was helped one patient fell better in medicine and science we base our decisions based on hundreds and thousands of patients so not ready for prime time yet for what it's worth Brian Clark ABC news dozens of Washington bank locations are either closed or doing business by appointment only this call was Brian Calvert tells us there are two main reasons the first is an easy gas the state's banks and credit unions are trying to help contain covert nineteen several branches of U. S. bank bank of America chase in Washington's on what fed have close local lobbies I asked what feds Brad good for how long we've expanded this now until may eighteenth and then we'll assess from there because you know we don't know we don't know how the virus is gonna move where infections will pop up other institutions like locally based home street bank haven't close lobbies they're just having you in by appointment only but there's a second reason for the closures a staff shortage several banks the staff members staying home because they're sick caring for someone who's sick or taking care of kids who are in school Glen sign Czech president of the Washington bankers association told the times even before the crisis most banks had been considering how much emphasis to put on physical locations this will only expedite those talks Brian Calvert komo news traffic in.
"dow industrial" Discussed on KDWN 720AM
"Good Friday morning America's first news continues on in this March twenty seventh AFN markets this morning Asian shares mostly tracking wall street's advance in anticipation of congressional approval of a massive coronavirus relief bill for the U. S. economy Tokyo jumping two and a half percent Shanghai adding point nine percent stocks sinking five point three percent in Australia now that ended a three day winning streak as investors reacted to the news that case is there of new infections and here in the US actually surpassed China's a total in fact the U. S. now number one India's sensex lost point nine percent after that central banks slashed its key lending rate to a decade low four point four percent of that to help the economy whether a lockdown aimed at beating the corona virus outbreak in the world's second most populous country here at home on Thursday Wall Street appeared to shrug off miserable news on unemployment as the S. and P. rose six point two percent bringing its three day rally to seventeen point six percent Dow industrials of revenue yeah resignation saying even steeper a twenty one point three percent since Monday Washington about to deliver a massive historic bill that to speed up by speed help to individuals and businesses as the pandemic takes a devastating toll not only on the economy but the health care system that's starting to crack the house is set to pass the sprawling two point two trillion dollar measure this morning following an extraordinary ninety six zero Senate vote late Wednesday president trump eager to sign that bill into law as the government are reported a three point three million burst of weekly jobless claims that's month that's more than four times the previous record thirty three point three million I think it's not a surprise remember your first nobody's fool certainly not in this country nobody's fault we are very lucky when we made a decision not to allow people in from China at a very early data say that because some people don't want to accept it but this was a great decision made by a country it is the numbers that you're talking about where the country to be a far greater far far bigger so when I heard the number I mean I heard it could be six million could be seven million it's three point three or three point two but it's a lot of jobs but I think we'll come back very strong the sooner we get back to work you know every day it would stay out it gets harder to bring it back very quickly and people don't want to stay in so I I you know those numbers down but I think you'll see a very fast turn around once we have the victory over the the hidden enemy as I say it's a hidden enemy sometimes hidden enemy is a lot tougher than somebody just stares in the face right so we'll see what happens well fed reserve chair Jerome Powell says the economy quote may well be in recession all ready the F. B. I.'s arrested a southern California man who officials say falsely claimed have developed a cure for a corona virus and solicited investments in the company said would market the medication the justice department said Wednesday Keith Lawrence middle brook told his two point four million Instagram followers that his company would return hundreds of millions in profit prosecutors say claimed it developed pedals that would prevent covert nineteen infections and an injectable drugs that would cure those already suffering now there are no known cures or vaccinations the federal case is believed to be one of the first in the U. S. connected to an alleged corona virus cure scam in the state of Texas has sued Houston auctioneer after holding an auction of seven hundred fifty thousand medical grade and ninety five face masks alleging price gouging in.
"dow industrial" Discussed on KOMO
"An epic selloff the Dow industrials recouped one hundred eighty eight points while the nasdaq composite jumped one hundred sixty or two point three percent still reeling from the ground in a year ago all seven thirty seven Max jets Boeing is now faced with airlines parking hundreds of planes and no need for new ones in the wake of the corona virus driven collapse in passenger traffic as a result the jet maker according to the Wall Street journal is considering laying off workers at its production plants and cutting its dividend Amazon dot com has temporarily closed in New York City warehouse after a worker there tested positive for cove in nineteen the employee is now in quarantine in the warehouse will step up its deep cleaning efforts as a precaution and immediately undergo additional sanitation that's your money now I'm Jim Tesco komo news more than twenty nine hundred people are now sick with the deadly coronavirus in New York state that's the highest number of cases of any state in the nation Mostra New York City which saw cases more than double to nearly nineteen hundred and one day as testing increased the number of deaths in New York has risen to at least twenty one a new study says up to twenty percent of people hospitalized with code nineteen in the U. S. our young adults between the ages of twenty and forty four the report issued Wednesday by the CDC says of those patients known to have been admitted to an ICU twelve percent are ages twenty to forty four the governor of Hawaii is saying don't come governor David Egas asking tourists to postpone their vacations for the next thirty days he's closing all bars clubs theaters and tourist attractions in Hawaii health updates there early Kasler NBC news radio if you suspect you have been exposed to the novel coronavirus a U. dub physician says you should wait a few days before you see testing Dr Alex grant injures says an exposed person without any symptoms will likely test negative for the virus we usually like you have a sense of like a fever and then that that was a good or a good reason for a test are we just been sort of exposed it's better to kind of wait for at least a few days Dr Granger answer the public's questions Wednesday during U. S. representative from elegiac Paul's virtual town hall the entire town hall can be heard on Dr Paul's Facebook page traffic still.
"dow industrial" Discussed on The Situation Room with Wolf Blitzer
"In the situation room. We're covering the fast corona virus pandemic. The stock market took a major dive today with the Dow Jones Industrial Average closing below. Twenty thousand for the first time since twenty seventeen. The death toll in the United States now stands at a hundred twenty-five with at least seventy five hundred infected president taking emergency steps today to address the crisis invoking the Defense Protection Act to expand the supply of protective medical gear and other urgently needed equipment and the Pentagon now says hospital ships with several thousand beds will be deployed to New York and the West Coast so that medical centers can focus their efforts on corona virus patients. Let's begin our coverage this hour with CNN declawed. He's joining us from Los Angeles late breaking developments out their neck. Well we'll here. In Los Angeles Guarantee. The schools were closed but there is no shelter in place order. The official word from the county is stay home as much as possible but feel free to go out and run and walk. Just try to do it alone. People are doing that now. I am not saying this is connected but within the past two days the number of confirmed cases here in La County has about doubled and we are told to expect that number to keep on taking up for between the next four and twelve weeks. The posture the metaphors are now military view. It as a in a sense of wartime president so is the response borders are closing mutual consent of the northern border to Canada will be closed to non Essential Travel Navy hospital ships the comfort and mercy now preparing to deploy to New York City and somewhere on the west coast. They don't have necessarily the the space the segregated spaces you need to deal with infectious diseases and so one of the ways by which you could use either filled hospitals. The hospital ships are things in between is to take the pressure off of civilian hospitals when it comes to trauma cases the National Guard now activated in at least twenty three states to deal with corona virus. It's the invisible enemy and we might be still weeks away from peak infection rates. We have hospitals. That are going to start to break this weekend. Not Weeks from now not months now. In the next few days the administration tells us there's a federal stockpile of ten thousand ventilators and more now on order. There's never been an instance like this where no matter what you have. It's not enough at one Washington State Hospital. They're now making their own mosques. Using supplies from craft store we've ordered millions of them but we need millions word. We might also need many more hospital beds and staff. We're reaching out to retired. Nurses retired doctors nursing schools medical schools. Ford Fiat Chrysler and GM all about to halt US production saying they'll sanitize older plants. Nationwide many workers have already been laid off like Manhattan Bartender Tanya Balcony. I just have to keep living my life. Keep getting dressed in the morning. Keep you know. Just like there's definitely that politics -iety they're constantly jet blue now calling its losses. Stunning saying typical daily takings of fallen from twenty two million dollars to an average of four. And they're paying twenty million dollars a day and cancellation credits. Some executives now. Taking a fifty percent. Pay-cut misery on misery cancellations at Chicago's Midway because the control tower closed for cleaning after several technicians tested positive for corona virus in San Francisco and elsewhere millions now allow that only for essential needs. I mean the streets are fairly empty. Note essential needs include walking the dog and jogging elsewhere. Some criticism that the young especially aren't taking social distancing seriously that are realize that they can be carrying lots of bad things home to grandmother and grandfather and even their parents a federal corona virus plan obtained by CNN shows the administration now planning for a pandemic that could last eighteen months or longer and involve multiple waves of illness. Hard to get our heads around multiple waves of illness and also around the economic impact. So let's just take one industry hotels apparently last week in the US. Nearly half of all hotel rooms were empty and Wolf. One trade body saying that if the trend continues the hotel industry alone will lose around one million direct jobs will awful situation nick in La. For Nick thank you. Let's go to. Cnn's Boris Sanchez. Right now he's over at the White House Boris the Senate just passed the relief bill. What's the latest on that front? Hey there will feel the Senate taking its first major step in addressing this corona virus outbreak. Passing this bill put forward by the House. President trump is expected to support this bill. It contains about one hundred billion dollars for paid. Emergency leave as well. As unemployment insurance and Free Corona virus testing notably some Republicans were opposed to this bill. Feeling that it doesn't go far enough The Senate Majority Leader Mitch. Mcconnell was even critical of it before ultimately voting Ford out of a sense of urgency passing this now clears the way for a trillion dollar package that Senate Republicans have been working on a sources telling. Cnn that that bill includes major relief for the airline industry as well. As for small businesses and about five hundred billion dollars in a payout. Two Americans would be sent out in two installments of checks directly to Americans again McConnell. Saying that he will not let senators go home until a bill of that scale is passed. Wolf. Enormous sums of money For this crisis Sanchez at the White House. Thank you. We're joined now by the Maryland. Governor Larry Hogan Governor. Thank you so much for joining us. In addition to being the governor of Maryland. You're also the chairman of the National Governor's Association. You had a call today with nearly all the nations governors. What are the most urgent priorities and needs right now so we had a call today with all the nations governors. We have another Call tomorrow with the vice president of the federal leaders and most of the governor's where we're going to talk directly about some of the concerns that all the governors have and even though each individual state is kind of different in their needs. We're all in this together and some of the things that you've been talking about obviously testing and making sure that all the estates get ramped up and we get all the help we can get from the Federal Government. We're concerned about issues Like hospital beds and capacities and dealing with things like personal protective equipment and and and and ventilator animators and all those things that you've been talking about on on CNN all day long every governor is dealing with and We'RE EVERY EVERY. Single Governor is taking an independent actions that they believe are necessary to save the lives of people in their states An unprecedented actions that we're all taking People couldn't have imagined just a week ago And so is the federal government and we're GONNA we're just in constant communication with the White House and leaders in Congress about what each of us can do at the federal state and local level to keep Driving and we're making decisions Not Not just every day but really almost every hour. The president signed emergency action today to address shortages of things like mass and breathing machine. How soon you believe this will make a difference in hospitals in Maryland. Indeed all over the country. Well you know. I'd hate to put a time frame on how fast it can happen. But it was a really critical decision on their part and I think Employing the Defense Powers Act and making sure we get these factories producing these things as quickly as possible. It's a big step in the right direction. The private sector is a big part of this because You know to to make sure we get these things produced fast enough and get them distributed out. It's a critical need. So you know some of these things are in the in the In the stockpile that we've been sort of getting some deliveries out to the states. Some things we have in our own supplies and capabilities in our states but some of it actually has to be produced and manufactured almost immediately and then distributed out to To those of us on the front line so we can get it to the hospitals and the people that need to get it to those people in that. That need care. I I have a friend at of the Johns Hopkins Hospitals in Maryland. There are several of them and he says they're being urged. The medical professionals there to get on what is being described as a war. Does that go for hospitals? Not only let's say in Maryland but indeed all over the country based on what you're hearing. There's no question about that Wolf. This is an unprecedented worldwide. Pandemic that no one has ever seen anything like this before We you know we've ramped up. We've had the discussions with John.
"dow industrial" Discussed on WCBM 680 AM
"The Dow industrials a sea of red please see of red Stuart Varney on fox business as the opening bell rang on Monday and just a few minutes later that's an all white right now all the screens just changed completely in the moment seven percent fox business is Kristina Partsinevelos was at the New York Stock Exchange as trading was halted circuit breakers triggering an automatic pause and the day ultimately ending with record losses over two thousand points down for the Dow just over a week since the previous record was set also driven by the corona virus and its widespread economic impacts two of the latest examples St Patrick's day parades in Dublin and in Boston canceled large public events considered too risky as the world tries to contain the spread we are going to take care of it have been taking care of the American public and the American economy president trump making brief remarks Monday evening as his coronavirus task force held a news conference he says the White House is working on payroll tax relief help for hourly wage earners so they won't miss a paycheck if they're home sick and small business loans we're also working with the industries including the airline industry the cruise ship industry which obviously will be hit but it's not clear how much help it will take to east wall street's concerns about the economic impact here why is definitely I guess you could describe as high tension early on we spoke with fox business is Christina parts analysts after the grueling day at the stock exchange where traders that came in much earlier and a lot of them don't come in at eight AM eastern time traders were here early because they were expecting and preparing for the worst so close to around nine thirty AM eastern time when markets are set to open you had a lot of yelling going on and then immediately four minutes after the markets open they also holds it in that's because their circuit breakers that are put in place if the S. and P. five hundred dropped seven percent in the markets get halted to stop stocks continuing to plummet as in the halls of for fifteen minutes and that's not a lot of commotion on the floor all the boards will turn white so they're showing red or green anymore I'm fine socks they want white and traders are just trying to figure out how they were gonna put in their trains once it re opens again at nine forty nine AM eastern time we talk about a lot of yelling it's just part of a new normals situation like I don't want you when things are fluctuating wildly one way or the other right you don't mean it was any sort of a panic situation no no I don't see that there's panic across the floor but this is just a different scenario that we have not seen here the circuit breakers that are put in place to stop traders and trading and the noise level was definitely a lot louder I don't know your sanction for it's noisy all the time people just yell at each other it's very common it's very casual into the conversation but this time around your hand traders running around holding their hand held machines which are there do you use for buying and selling and there was a lot of movement as to what was gonna happen once the markets reopened right at nine forty nine AM so that's added to the noise level here now I know that they did not end up having to hold training again but closing down over two thousand points were now here Leslie close to a so called bear market right so bear market happens when markets drop all our twenty percent off of the record highs as we came very very close to that added to this this concern going for how are we going to factor in not only lower oil prices which plunged twenty four percent but also the economic impact of the spread of the corona virus because we still don't know how bad it will get and because of that uncertainty a lot of businesses don't know if they should be stopping them poison coming in completely should they be keeping more cash on the sidelines in case things don't go really well should they stop investing in their businesses right now because it could get worse if you don't want to uncertainties which makes it so difficult to present economic impact but it seems like the consensus is we are going to see more of a slowdown with growth because of the spread of the virus waiting from a business standpoint it's not like we're trying to sit back and say you know all my gosh half the country's gonna get wiped.
"dow industrial" Discussed on KOMO
"The Dow industrials slid two hundred fifty five points while the nasdaq composite dropped sixty seven the S. and P. five hundred slipped eleven among the day's big decliners Boeing whose shares skidded five point nine percent following the disclosure of instant messages from two thousand sixteen suggesting the plane maker misled regulators over the safety of a key system on a seven thirty seven MAX word out of oracle today that co chief executive mark Hurd has died heard along with south rock cats was appointed a co chief at the database software giant five years ago was sixty two years old the company didn't provide specifics about the cause of death but her just five weeks ago announced he was taking a leave of absence due to unspecified health reasons that's your money now I'm Jim Cesco komo news political insights from ABC news the Senate's top Republican with some harsh criticism of president trump Republican Senate Majority Leader Mitch McConnell writing an open letter to the president saying that Mr trump must keep at least a limited number of troops in Syria and Iraq and Afghanistan McConnell writing in The Washington Post of the president's Syrian pull back in fighting between the Kurds in Turkey is creating a strategic nightmare for the US and that even if the ceasefire holds the U. S. actions of set back the campaign against ISIS in other terrorist ABC's Andy field in Washington McConnell rights America's wars will be endless only if America refuses to win them Hillary Clinton criticizing a member of her party during an interview hinting that democratic presidential candidate Tulsi Gabbard is being favored as a third party candidate and a favorite of the Russians gabber denied the claim and escaping to ever own calling Clinton among other things the queen of warmongers and the embodiment of corruption does your political insights I'm Dave Packer ABC news.
"dow industrial" Discussed on KOMO
"Dow industrials finished with a drop of seven hundred sixty seven points all the major indexes lost between two point nine percent and three and a half percent tough times of late for Amazon stock shares slid three point two percent today marking their eighth consecutive decline the longest such streak for the stock in thirteen years it's put a dent of about one hundred eleven billion dollars in Amazon's market value after thirty year run Microsoft MSDN magazine will publish its final issue this November current subscribers who paid for issues beyond that one will be mailed refunds at the end of the year ABC made it official today judges Katy Perry Luke Bryan Lionel Richie will all return for that no works third season of American idol the eighteenth overall for the singing competition the only addition slated for that northwest to be in Spokane on September eighth that's your money now I'm Jim chest cocoa motives now we are your political insights from ABC news Republicans and Democrats have proven that we can join together in a bipartisan fashion to address this playing president trump from the White House condemned to the mass shootings of the weekend ABC Jordan Phelps president trump called for reforming mental illness laws in making better systems to intercept hateful ideology on the internet in the wake of two deadly mass shootings over the weekend mental illness and hatred pulls the trigger not the gun the president also called for legislation to ensure that those who commit hate crimes face the death penalty but he stopped short of calling for reforming the background check system for buying guide stock market taking a hit in economists are blaming in part on president trump's trade war with China ABC's area all bigger China's latest response to trade tensions with the U. S. moving to devalue its currency making it's call it's cheaper for other nations at traits with that because the Dow and the nasdaq and the S. and P. to plunge to two month lows the nasdaq and the S. and P. to its worst days of the to your political insights to Serena Marshall ABC news Washington the president trump spoke for the White House Monday responding to the weekend's deadly mass shootings in making his most forceful condemnation of white supremacy facing criticism from a predecessor ABC's cura Phillips reports from the White House president Obama with a rare rebuke not mentioning president trump by name but clearly referencing his rhetoric writing we should soundly reject language coming out of the mouths of any of our leaders that feeds a climate of fear and hatred or normalizes racist sentiments former vice president Joe Biden other democratic presidential candidates spoke Monday at the UT das U. S. conference in San Diego by the spoke about the two mass shootings over the weekend and said president trump's rhetoric has fueled hate and encouraged acts of violence this is hatred pure and simple and is being fueled by rhetoric that is so divisive and it's causing causing people to die.
"dow industrial" Discussed on WGN Radio
"The Dow industrial average down two hundred sixty six points the S. and P. five hundred down thirty two the nasdaq is down a hundred fifteen and the Vicks at the CBO we is up more than three quarters of a point turning to the grain trade Chicago board of trade the December wheat contract up four and a half cents a bushel December corn is up four and a half cents a bushel November soybeans trading higher up to cents a bushel livestock futures Chicago mercantilist change the October lean hogs contract finally trading higher it's up thirty seven cents on Broadway the other months however trading lower in the August live cattle contract is up twelve cents a hundred weight and of the October feeder cattle contract is down a dollar ninety five cents a hundred weight and just a note to bill on Wednesday I'm glad you're enjoying a county fair because I know growing up in the city you missed all the fun but I grew up going to county fairs and of course I live in McHenry county and so this is our player in Woodstock you enjoy it or in a little worried that would suck might have just met Josh Duggar bore Zsa Zsa Gabor from green acres well in the out there that was a divorce the eva Gabor it was if you were here orient well I do do and I've been to that there are many many times and I'll be getting to other players this year but that's what I had the biz and I'm glad that you're there because it's a great player Alan of milk a cow for the first ten okay cal here's good news or and we're bringing the crowd to your place as soon as old okay bring that comes down and I have to tell you when the in the five time the Illinois state fair cow milking champion tire and he did years ago I'm just hoping to get some milk out of it that's really all I'm going for today does the kind you have to click the F. to clip your fingernails because they don't like that and the you have to kind of talk to them and brush them down with your hand to make them feel comfortable I make him feel comfortable test okay WGN sports white Sox are in Philadelphia to take on the Phillies tonight pregame at five thirty then the first pitch with that farmer in their Jackson right here on seven twenty WGN cubs and brewers a big series at Wrigley starts this afternoon now look at traffic.
"dow industrial" Discussed on Bloomberg Radio New York
"Curtis is with me in the women having a look at the prospects for the session, as we go rapidly tools that opened in Tokyo in less than an hour. Now it looks like we will edged higher here in the Asia Pacific similar to what we saw on Wall Street US stocks up a third day. The Federal Reserve struck a dovish tone in his latest policy, statement, the dollar weakened against most of its major peers. That may be a little tricky for Tokyo, Nikkei futures, essentially flat here your own Powell, which will get to in a moment. He's ready to lower interest rates. Just not quite yet. So details coming up the S and P five hundred up about three tenths of one percent at twenty nine twenty six Dow Industrial's up about two tenths of one percent. The nasdaq. Dak up four tenths of one percent. Quite a lot of movement in the bond market yields on short maturity treasuries, really tumbled the yield on the two year down as much as thirteen basis points trading here at the moment at one point seven three percent and the tenure at two. Oh, two. So that means the spread between the twos in tens is very, very close to thirty basis points now, which is much steeper yield curve, WTI could fifty four twenty eight and again futures pointing upwards here in Asia, Doug over to you. So the fed held its key rates steady today and signal the readiness to promptly cut if appropriate. Now, the statement drop the reference of being patient. Here's how chair Jay Powell put it at his press conference. Uncertainty surrounding the baseline outlook, clearly risen since our last meeting. It's important, however, that monetary policy not overreact to any individual data point for short term swing in sentiment doing so would risk, adding even more uncertainty to the outlook, thus my colleagues, and I will be looking to see whether these uncertainties will continue to weigh on the outlook and we'll use our tools as appropriate to sustain the expansion now Powell has repeatedly been pressured by President Trump to juice, the economy by cutting rates when Powell was asked about recent reports on White House lawyers exploring options for removing him earlier this year. He said, I think the law is clear that I have a four year term, and I fully intend to serve it to serve it. Incidentally, today's vote was not unanimous. Saint Louis fed Bank president, Jim Bullard sought a quarter point rate cut his vote. Marked the first descent of Powell sixteen month tenure as chairman. Well buckets also bracing for resumption of trade talks between the United States and China US Trade Representative Robert lighthizer said he and Treasury Secretary Steven Mnuchin will be meeting the Chinese trade negotiator before a meeting of President Trump. And she the G twenty summit meantime, Republican Senator mitt Romney's tried to prevent the Trump administration from using alway as a bargaining chip this week, Romney's submitted an amendment to the national defense authorization act. It says the US can ban against while we can only be lifted if come the company and it senior officers haven't violated, USO UN sanctions, while we would also have to show that it hasn't engaged in the theft of US intellectual property, and the preceding five years. A group of American corporate leaders is set to meet this week with the Chinese Premier Li ka Chung that story from Bloomberg's Yvonne man. We're told that least five UCLA os are. Attending a meeting in Beijing. They include the heads of chemical giant. Dow United Parcel Service. Jove maker, Pfizer as well as Honeywell international. The visit was scheduled previously and is not necessarily a response to trade tensions. Even so the event takes place just as President Trump. And she prepared be next week on the sidelines of the G twenty summit in Japan. Some US firms have started to explore alternatives to manufacturing in China. Google is moving some production of nest thermostats and server hardware out of China and several solar panel makers have transferred some manufacturing to Mexico in Hong Kong. I'm Yvonne man Bloomberg daybreak Asia. Apple appears to be winning in China, despite the trade Franco analysts at Morgan Stanley said the company gained market share in China the Chinese smartphone market last month. It's mainly due to price cuts and great financing. Meantime, the Nikkei reporting apple is supplies to consider shifting up to thirty percent of that. But from China to southeast Asia, Bloomberg opinion, columnist says what happens next depends on those trade relations evaluate from the cost implications of this that if there is no relaxing of those tensions than they will probably pull the trigger on this thing. I think it seems and they would the suppliers include iphone assemblers folks going in pig atropine was macbook maker Quanta, computer where it's six minutes past the hour. Let's get you caught up on global news. We have.
"dow industrial" Discussed on KOMO
"Fizzle than the Dow industrials dropped two hundred thirty eight points. The NASDAQ composite fell twenty nine while the s&p five hundred dipped Twenty-three, the strong US economy, hasn't done much to bolster the housing market. The pace of home price growth continues to decelerate data from core. Logic case Schiller show, that Seattle home prices rose just one point six percent from February to March, and we're also up one point six percent year over year last year. Seattle regularly saw double digit price gains. Amazon today denied a report that it is preparing to stop making bulk orders from thousands of mostly small vendors, Bloomberg reported earlier in the day that the ecommerce giant was preparing cut orders from wholesale sellers. Amazon toll the news organization that both had story ended sources were wrong. That's your money now. I'm jim. Cesco KOMO news. The department of veteran affairs is calling attention to it's the moment when campaign and make the connection program for troubled American military veterans campaign features stories, hundreds of veterans who are talking about the moment when they realize needed hope the moment when they've each doubt. And the moment when they realized that the treatment, or support was helping Christopher lofta says the program gives treatment options with locations across the country. The TSA is allowing children's epilepsy drug that contains cannabis to go on airplane flights. It's an anti-seizure medication. It's called EPA dialects, and it is approved by the FDA new TSA guidelines say products in medications that contain CBD derived from him can be brought onto flights. But the agency says possession of marijuana and certain cannabis infused products is still illegal under federal law health. Updates. Sara Lee Kessler, NBC News Radio. Are you burned out at work? You can now ask your doctor for an official diagnosis of the conditions ABC's. Alec stone. Any have been there at some point, Peter Gibbons in the movie office, space, generally come in. At least fifteen minutes late when work becomes unbearable. We have sort of a problem here and you need a long vacation. But when does it become true burn out the World Health Organization is adding burnout to attend book, the guides doctors diagnosing diseases, making it a legitimate medical condition. The WHO's is symptoms include feelings of exhaustion, negative feeling cynicism toward one job, and reduced professional efficiency stone, ABC news..
"dow industrial" Discussed on KOMO
"Dow industrials dropped one hundred three points, the S and P five hundred fell seven the NASDAQ managed to gain of six points. Among prominent decliners today survey monkey plunged fifteen percent. She financial officer and operating chief, Tim Malians, retiring Avon skittered eleven percent. After the beauty products company posted disappointing fourth-quarter revenue and Coca Cola slid eight and a half percent. The beverage giant expected sales will slow down this year. That's your money. Now. European aviation giant Airbus is to stop making it super jumbo a three eighty these are your world headlines from ABC news. The problem not enough orders. Airbus CEO, Tom enders standards decision to reduce their orders. We simply don't have enough to carry on much longer. We carry on until twenty twenty one. But that is it double decker planes started flying in two thousand eight more than two dozen soldiers have been killed in a car bomb attack on a paramilitary convoy along a key highway in Indian-controlled Kashmir in one of the deadliest incidents in the disputed regions history and the World Health Organization is meeting next month to develop global standards for the governance of human, gene editing. It will come months after a Chinese researcher announced that he had created the world's first, gene, edited babies. I'm Tom rivers at the ABC news foreign desk in London Amazon's decision to ditch its New York. HQ two is a setback may come was financial expert says its growth will continue. He tells komo's Ryan Harris that includes the Empire State Amazon won't have trouble finding another place to put those twenty five thousand or more jobs says Tom cock with vestry and host of komo's talking real money Amazon gets treated favorably because. It is a company that pays people. Well, it's not belching smoke into the air. So it's very welcome. Amount expect deal to continue or Amazon well into the future that includes New York where Tom says, the world's largest online retailer already has a big and growing presence says spreading out across the country is a good move while being centred here comes with risks. Both for all the transportation issues we've seen here. And frankly, there's reasons to be in other places to get support for certain political gains. Amazon may need found tells me Amazon might yet strike a new deal with New York that's favorable the more people, but for now the company stock shouldn't take a big hit. Ryan Harris, KOMO news. You could hear Tom and Don McDonald on talking real money here on komo's Saturdays from noon to two. Komo AAA.
"dow industrial" Discussed on Bloomberg Radio New York
"From the marketing perspective where the dollar spent from union heads team owners, Scott, Josh, Nick and Michael Barr. Speak to the names that power this multibillion dollar industry Red Sox CEO Sam Kennedy, National Hockey League Commissioner Gary Bettman, Bloomberg business of sports. Listen today on Bloomberg dot com. The Bloomberg business avoir subscribe on apple podcasts. Frahm lemberg world headquarters. I'm Charlie Pellett after the bell. Cisco systems gave a strong forecast for the current quarter signaling its confidence that corporations are continuing to spend on their computer networks all policies and volatile markets created more headaches for American International Group in the fourth quarter, helping fuel the insurers second straight surprise loss. Yelp reporting net revenue for the fourth quarter. That was one percent above the average analysts estimate. Shares are moving higher after hours. The Dow the s&p NASDAQ all advancing again today with the SNP up by three tenths of a percent. Dow Industrial's up one hundred seventeen points point five tenths as stack picked up five points a game there. One tenth of one percent. I'm Charlie Pellett. That's a Bloomberg business flash. Bloomberg best with June Grasso and Ed Baxter continue. From the Bloomberg interactive brokers studio, this is Bloomberg best. United rentals is up. Nearly thirty percent since the start of the year. United rentals is the largest equipment rental company in the world with over eighteen thousand employees over eight billion dollars in capital equipment and remarkable growth. So Bloomberg's David west in an Alex Steele spoke with Matt Flannery United rentals, incoming CEO about what his business says about the US economy and economy, and where it is first of all just what we're talking about right now wages, are you seeing a lot of pressure on your margins.
"dow industrial" Discussed on Bloomberg Radio New York
"Dow Industrial's down to one hundred twenty nine tenths NASDAQ down eighty six a drop of one point two percent. I'm Charlie Pellett. That's a Bloomberg business flash. Bloomberg best with June Grasso. And Ed Baxter continues. From the Bloomberg interactive brokers studio, this is Bloomberg best. It's forty seven minutes past the hour. And now, it's time for Bloomberg opinion. I'm Jonathan Bernstein, a columnist for Bloomberg opinion. Do you remember the proposals and Donald Trump state of the union speech? Probably not all of the Union's fade rapidly Trump's fade more rapidly than most because he still doesn't understand are the speech is an opportunity like last year Trump's speech was far more focused on the folks in the gallery that on policies. He engaged in some soaring rhetoric about child cancer, then asked congress for barely any funding. And then there were the recycled ideas, including school choice and parental leave. If you blinked you missed infrastructure on his biggest issue, the border wall. He just ran the same rhetoric without hinting what he's going to do if he doesn't get what he wants from congress. What matters for president in the state of the union is reaching an administration position, and then placing it on the national agenda, which means this was another way stopper. Trinity. From a president who was wasted. Plenty of them. I'm Jonathan Bernstein for more opinion. Please go to Bloomberg dot com slash. Opinion or Opie? I n go on the Bloomberg terminal. Thanks jonathan. Now. Let's check in with the Bloomberg affiliates to find out what's happening on the nation's most influential radio stations. I'm Gina Cervetti and on WBZ in Chicago. I'm reporting that westjet is rethinking its excitement over bowling's. Smallest 737 max for Netanyahu on W H A S and logo quarterly results at yum brands.
"dow industrial" Discussed on Bloomberg Radio New York
"University says United doesn't want to lose ground to other teams like Manchester City Real Madrid and Barcelona in Hong Kong, I'm Yvonne, man. Bloomberg daybreak Asia. All right games for US, stocks amid optimism on trade. That's what we have been seeing more from Bloomberg's Charlie Pellett in this Wall Street wrap an update for the Dow the s&p NASDAQ s and p picking up one percent on strength transportation, car makers and telephone stocks stocks rallied as the possibility of progress in trade talks with China overwhelmed. Skepticism about financials, Peter Chiquita's, global, chief market strategist at cantor FitzGerald. I think it's incumbent upon President Trump to get something done at least optically, however, the relationship between China, and the US pretty complete complicated. Yes. It's about trade. But it's also about geopolitical security issues dominance in certain parts of the world controlling trade routes, the S and P five hundred index up twenty four higher by one percent. Dow Industrial's up two hundred fifty six up one point one percent, NASDAQ up seventy three also a gain of one point one percent in New York. Charlie pellett. Bloomberg daybreak Asia. We're at thirty four past the hour. Let's get to Hong Kong. Bryan Curtis is there. He's been looking at market action in the early Pac rim Asia Pac rim session. What are you saying? Well, we're seeing gains right across the board here today. Doug. The Nikkei is up three quarters of one percent, and even S and P five hundred minis have moved up more. They're up about a quarter of a percent, some six and a half points. Or so per the Bloomberg reporting that President Trump wants a deal for the financial markets. That's giving a little extra lift to two considerations. And he had tweeted earlier the president had that the talks were going very, well and those talks moving into a third day today. Investors also read that as a reasonable positive. We all know that enforcement and compliance will be among the major issues, but the the end result of that is that's down the road a little bit. We won't know that they are not complying for say three to six months. And so perhaps investors are buying in the short term. And we had this report in the Nikkei that Sony would review some of its. China production of tariffs rise. That's added incentive. When China's he's comments like that added incentive for some sort of deal to be done. Limburg daybreak Asia is brought to you by sector spider. ATF's why buy a single stock when you can invest in the entire sector visit sectorspdrScom or call one eight six six sector ETF, the is a little weaker. Now, that's also providing a little bit of impetus to buy out here. The doll yen one zero eight seventy nine so a weaker yen. And that's shopping in Japan. The yield on the tenure to seventy two the oil price now backup over fifty dollars a barrel at fifty dollars and eighteen cents at the moment. Thirty five minutes past the hour. Rainy back to you. All right, Bryan. Thank you very much. Let's do the global news right now. Because US President Donald Trump will take to the air in just about ninety minutes time to present his case to build a border barrier with Mexico. Ed Baxter has global news in the Bloomberg nine sixty San Francisco newsroom. All right Ramat. Yeah. What we're hearing is his conservative ally. Are pushing him to have declared a national emergency and then to use those dollars. But Bloomberg Joe sobbed chick says that's not what we're hearing. He will say we're told that the Trump will offer something of an olive branch in some form or fashion to the Democrats who have been at at stalemate with him. He's also invited the top leaders of both parties in congress to the White House tomorrow, and he's going to talk to. Republican senators at their weekly lunch. Tomorrow's now, of course, all of that can change with a tweet to the president's case already being made by vice President Mike Pence, we need new resources.
"dow industrial" Discussed on WGN Radio
"The Dow industrial average is now up seven hundred and five points, the s&p five hundred up seventy seven the NASDAQ up two hundred fifty six and the volatility index at the CBO we is down more than three points than the current trade as we take a look at the employment report just mentioned that's been a factor today and the comments by fed chief Pablo also today an influence, and all of the eleven major SNP sectors trading higher technology stocks off their biggest one day percentage drop since August two thousand eleven today jumped three point eight percent the grain market today, if the Chicago Board of trade the March. Tweet contract. Trading of four and a half sense of bushel Marge born of two and a half cents, a bushel and the January soybean contract trading higher. It's up nine and a half cents a bushel Chicago merchandise. Exchange. That's a red screen still today with the April lean hog contract down forty two cents one hundred weight. The February live several contract down a dollar seventeen cents and the January theater Tandel contract down a dollar sixty two cents one hundred weight taking a look at some of the stocks are mid west list today..