Goldman sachs restricting travel from south korea, northern italy. The president from india, looking much more reassuring tone than he is hearing elsewhere. Take a look. Looks like h theyre getting it under control, more and more under control. I think that is a problem that will go away. We lost almost 1000 points yesterday on the market. That is something, things like that happen. You have it in your business all the time. Had nothing to do with you. It is an outside source that nobody would have ever predicted. Neil continuing today. That disturbs a lot of market technicians who generally like to see a rebound after 1000 point hit. Just because were under water on some averages over the year, theyre up appreciably over the past year. Deirdre bolton what is driving the latest followup selloff from the New York Stock Exchange. At least if you judge by the sectors putting the most weight on the markets it seems to be the coronaviruss potential effect on the Global Economy. That is real
Bullard, a fed governor, who wants a 50 basis point cut in rates in the next fed meeting which is this month. Also helping, treasury yields as of now, not inverted. The dow industrials are going to be up over 200 points, probably erasing all of yesterdays loss. The s p up just short of 1 . The nasdaq up a full 1 . Going up at the opening bell. Now to britain. Boris johnson lost the vote on britain crashing out of the European Union. There may now be a general election and brexit may be delayed until next year. That means a trade deal with america is not coming any time soon. Now this. Winston churchills grandson, a conservative, voted against boris. Hes been expelled from the conservative party which was the party of his grandfather, winston churchill. The chaos continues. This news just breaking. Google has been fined 170 million for illegally collecting information on children, parents were not aware of that collection of information. Separately, a group of state attorneys general wi