Page 7 - Bring Head News Today

Good, thank you. We will get started. Gov. Newsom thank you, everybody for your indulgence as we are here in the sacramento area to make a number of announcements and continue our daily briefings. The announcement today, with mayor steinberg and a rep from the county on the issue of homelessness. We are at a facility in the sacramento area that currently has 30 individuals who were out on the streets who were brought in recently to begin the process of let me back up. To basically decompress. An...

Gov. Newsom let us pull this down. We will get started. For your, everybody indulgence. As we are here in the sacramento area to make a number of announcements and continue our daily briefings. The announcement today is an announcement that is very near and dear, not only to me, but mayor steinberg, who is here, Carrie Larson from the county and surrounding the issue of homelessness. We are in a facility the sacramento area that currently has 30 individuals that were out on the streets and encam...

Beijing says mainland infection rates are falling rapidly. The virus continues to wreak economic havoc. Data shows acrosstheboard slumping china for the first time on record. Shery lets take a quick check of the markets closed in the friday session and how u. S. Futures are reacting to that emergency rate cut. We are seeing u. S. Futures accelerating losses at the open, down more than 4 despite the fact we saw another emergency rate cut by the Federal Reserve and President Trump expection x rest...

To talk about the markets. I will bring in romaine bostick. Romaine of course, the worst yesterday. 987 we retraced some of those losses today, about 6 . Almost all of the sustained buying, defensive stocks, talking about utilities, real estate, consumer staples. Utilities attractive at this stage because a lot of these Companies Pay dividends. When you talk about consumer staples, we are talking about , a lot of the goods, like food, cleaning supplies, and other sort of essential staples. Anoth...

Money at the problem and it solves one part of the problem. We are seeing an absolute synonymy of selling. Hitting every single asset class out there. Asia is down between five and 10 . You are getting Circuit Breakers triggered in korea and the philippines. Yvonne this is what makes things a little bit more real for people. We have dealt with this before with sars. But outside the region, this is uncharted territory. Trudeau nowhie testing positive for coronavirus. The pga is canceling its play...

Hitting the alltime record high on february 12th and the definition of a bear market is 20 lower than the recent highs. The markets tumbling just as President Trump is expected to meet with some of the biggest banking ceos in the world to find out how stable the Financial Market system is and what to do to keep it there. We are still waiting on word but if cameras are allowed in the room we are going to take you there and hear what they all say. This as the battle against the deadly coronavirus ...

Americans, its bad. The infection adds to the oil slump. Shery lets get you started with a quick check of the markets. We were seeing earlier losses gaining three tents of 1 , but its still early in trading coming off the worst day again since 1987 and losses accelerating and falling to session lows. President trump talked about economic disruption lasting well into the summer. The dow now falling to the lowest level in two years. Losse talking about a 30 since the peak in february. We are seein...

As previous days when it comes to losses. Romaine it is all relative. Scarlet lets check in with our reporters for more on the market action. Of the day,the end some of these mega cap tech names. The New York Stock Exchange faang index getting a big boost. Apple, the best day since 2011. Overall, the new york faang index getting its best day since the beginning of january. We had this huge move down yesterday, the big bounceback today. This index may suggest or downside is ahead. The new york fa...

Seeing. Sarah you look at equities in japan right now. The nikkei 225 of more than five percent, trading below 20,000 for the first time in over a year. What is already been very rough price action is only getting worse as time goes on. You look at s p 500 futures trading at the 5 limit from the friday reference price. 28. 1 nine. At futures continue to trade. They just cannot jump although it or fall below it. That is the first time we have seen a limit down since donald trump did win the presi...

Record highs were only ten days ago. I continue the watch bond yields as yields sink so do stocks. As yields come off their lows stocks follow. What are you watching. When you look at internals, technicals, he is with aed on every measure of being shortterm oversold we had already checked those boxing going into today then today thing got worse it was a lesson for investors and traders that oversold doesnt mean the coast is clear. You can always get more oversold what is interesting right now, t...