Screen completely different from yesterday and will call it a modest rebound but it was the big tech stocks that fueled the selloff in today though stocks also seen a modest rebound, certainly not recovering the losses theyve seen over the last three days but nevertheless they are back in the green. Take a look at tesla, that stock has lost around one third of its value in just one week. But look at it go today up nearly 7 and by the way well talk to the former Vice President of tesla coming up in this hour. Also tesla rival nikola solid spike after announcing the partnership with gm and come up will talk to the company ceo about the electric Vehicle Market in the fierce and growing competition. Meanwhile talking about competition in the race for the white house joe biden traveling to battleground states michigan to tout his new made in america plan, this ahead of the president s visit tomorrow and this morning by the way President Trump nominated for a Nobel Peace Prize by a member of
Across japan there have been more than 2,600 cases excluding 712 from the diamond princess cruise ship. 82 people have died including 11 from the ship. The head of the World Health Organization says the coronavirus pandemic is set to cross some grim milestones as it takes a growing toll across the globe. The number of deaths has more than doubled in the past week. In the next few days, we will reach one million confirmed cases and 50,000 deaths. He says he is concerned about the rapid escalation of infection. There are already more than 800,000 confirmed cases and over 40,500 deaths globally. Hes also calling on governments to ensure Vulnerable People have food and other necessities as more countries issue lockdowns. Meanwhile, china has begun releasing the number of people who have tested positive but show no symptoms. However it has not disclosed how many of these socalled silent carriers have been confirmed since the start of the outbreak. During the news conference, w. H. O. Offici
Ahead of the Conference Call to the g7, leaders, a lot of focus will be on whether they will step in with coordinated action or words to assuage the markets. Ahead of that, markets are rising. The stock europe 600, 4 and the that saw a lot of losses because of the epicenter in europe still in italy, up today. The dax up. S p futures, gains across the board. A caveat. Yesterday, we saw similar gains and they peter off as the day went on. Today, there is expectation from g7 and that the fed will possibly step in. Lets get to the bloomberg first word news in new york city with Viviana Hurtado. With an update on the coronavirus. Governments around the world preparing for emergency measures to fight the outbreak. Drugmakers hope to have antiviral treatments ready within the month and vaccines by next year. Of cases number worldwide, topping 90,000 but reports suggest over half those people have now recovered or have been released from the hospital. Central bank, it has cut rates and signals
To begin trading today after the ipo last night at 17 a share. 19 and 20. Not 21,000. The markets completely crashing through new record highs. Closing about 21,000 for the First Time Ever with a powerful 350point rally. Marcus today traded around the flat line after the powerful note yesterday on the upside. Nasdaq, s p 500 down fractionally. This is of course a big tree after the huge rally yesterday. European markets look like this. Ft 100 down a fraction. Cac and dax up a fraction. Markets mixed. The nikkei average was up almost 1 in japan. Shanghai composite tomas was the hang seng. Yahoo security problem headed Marissa Mayers pocket. The ceo says she will not be paid or cash bonus following the breach of a hundred million User Accounts. Two all beef patties at your doorstep. The plan to expand delivery. Plus pizza hut laces up for march madness. In time for the tipoff. All the stories this morning. German attack about it, dagen mcdowell. Recon Capital Partner kevin kelley and Fox
Adam . This crime was an attack on one of the more Vulnerable People in our community. Mrs. Cox, the victim, thinks she may have been targeted at her raleigh home. We talked with her earlier this evening. Reporter we talked to her out on the front porch. The home has been in her family for generations but this is the first time she questioned the safety here. He scared me to death. I dont think i will ever get over it. Reporter last week the 85 yearold just finished running errands and a trip to the when i got home he was sitting across the street right in front of my house. Reporter it was a man in a small brown car. Cox says by the time she parked her own car he was at her door with a gun in his hand. He said dont worry about the money, hand me your bag. Reporter it was not couple hundred inside of the bag she was worried about or her id or credit cards. Of my mommy and daddy together, the onpicture i have of them together. Reporter another photo her son when he was a baby. The first