Surge here. Well speak with the mayor in miami and about the spike with the virus. And an ammicable separation. Match group completing the spinoff. Parent company iac last week theyll discuss the strategy Going Forward and Online Dating during the pandemic. Lets focus on the big stories of bob pisani has the stories. Meg terrell has updates on the coronavirus and Brian Sullivan is covering Warren Buffetts new bet on the energy space. Bob, lets start with you and the markets. Yeah. The important thing about today is were up nicely but were up on lighter volume it is deteriorating a little bit from the earlier part of the day. Were once again falling back upon dependence on the mega cap tech names technology, computer services, Consumer Discretionary all of them tech oriented or continuing to lead the overall market Consumer Discretionary as i mentioned, banks still on the upside not as much as the overall Market Energy has fallen back that was an early leader i keep mentioning the mega
A look at how Global Markets fared this week as the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the ruble fell from 14 week highs against the dollar on thursday retreating still losing more than 2 percent on the day as Oil Prices Also fell lets move to asia where the shanghai composite is just slightly down for the week closing the week nearly flat this following a huge loss on wall street on fears of a 2nd wave of coronavirus case in the u. S. As we just mentioned and in hong kong the hang seng is also down for the week following similar trends over concerns of coppa 19 and the Federal Reserve i know its a great well stay put at near 0 until 2022 now the index fell 2. 3 percent at one point on friday alone following a 7 session rally now the nikkei in japan is also. Down followi
This hard to take some from somebody if you know have some replacing. We want to do this interview today and all these market move and then they take me. Off the area. So how can i tell you stop selling drugs if well hear something put the money in a box. They just mean life has almost been basically a color speech for the worse do you guys know what sickened me security positions over the last year let. Me again. You see people get all their cars and ill see you coming in the harness seems like theyll hurry up and run into the house like they dont want to they dont want to talk to her get your mail or anything like that. Thats what im going. To try every day. This is boom bust the one business show you cant afford to miss friendship or in washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd provirus wave and dimming optimism are dampening hopes of a v. Shaped recovery plus we take a look at how gold is fairing amid these Turbulen
This is boom bust the one business show you cant afford to miss in washington coming up markets across the globe have been taking a beating this week as renewed fears of a 2nd provirus wave and dimming optimism are dampening hopes of a v. Shaped recovery plus we take a look at how gold is fairing amid these Turbulent Times in which nations have moved to boost their gold stockpile and the demand for oil has been recent months but what has been the impact on the industry we have a fact show today so lets dive right in. And we will leave this program taking a look at how Global Markets fared this week at the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the room. Fell from 14 week highs against the dollar on thursday retreating still losing more than 2 percent on the day as Oil Prices
Winning streak falling by 300 points yesterday take a look at whats happening. Yesterdays session, the dow was down s p dipped back in for the year inching its way in the day before the nasdaq did power to a new record close and briefly broke above 10,000 for the first time. Lifted by amazon, apple, facebook and microsoft which all closed at record highs adding about 5 trillion. About the amount well spend in federal spending this year also take a look at whats been happening with u. S. Equity this hour both the dow and s p are under a little pressure. Dow indicated down by about 60 points s p down by 3. The nasdaq, even after all these gains is indicated up by about 17 points this morning taking a look at whats happening in the treasury market the 10year seems to be yielding 0. 797 crude oil prices are in the red. Crude oil prices, talking about the recovery theyve made. Talking about wti. Down about 2. 3 . What an improvement or a gain in crude oil prices now above 38 thank you it is