Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what
You can take a day off fromy worrying about your packages. Ohhh yeahhh just connect your myq® app to key. Ohhh yeahhh get free ingarage delivery with myq® and key by amazon. The breaking News Coverage tonight, President Trump is experiencing shortness of breath. Here is leaving the white house late today wearing a mask appeared to be walking without any problems scott on the chopper without assistance is now at walter reed Military Hospital less than 24 hours after the world learned he had tested positive for the coronavirus. So theres some questions here obviously with the the president temporarily out of commission. How will things you know be operating in the white house the president of course also sent out a video message on twitter this afternoon saying that hes doing well the positive tests come after. President trump aide hope hicks tested positive. The virus has killed more than 205,000 americans and has now spread to the highest reaches of the u. S. Government white house O
The president s condition tonight the president was said to be feeling fatigue and has had a fever, but tonight a source tells news nation. The president is also experiencing shortness of breath. Earlier today, he was taken to Walter Reed National military Medical Center out of them and abundance of caution. President trump was seen wearing a mask walking and giving a thumbs up on the south lawn before boarding marine one to the hospital. The white house says the president will be working from a president ial suite and walter reed for the next few days and at this point there has been no transfer power to Vice President mike pence following the diagnosis. President trumps doctors said he was given an experimental antibody cocktail to help his body battle covid19 in addition the president has been taking other supplements including a daily aspirin. A person who has this infection about 20 will be hospitalized. The for people over 65 is much higher than 20 of it is concerning and hes alr
Discussing just that, an early return to work. 9 40 eastern time today on this program. There is outrage at Speaker Pelosi loading up the stimulus package with a host of items unrelated to supporting workers and industries. For example, canceling post office debt, the return of obama phones, same day voter registration, 35 million for the Kennedy Center for performing arts. What has all that got to do with getting money to people who have just lost their jobs, millions of workers thrown out of a job. However, treasury secretary mnuchin and senator schumer did meet last night, and they suggested that a 2 trillion rescue package, stimulus package, is close. Well see. All this has given the market a shot in the arm. For much of the morning, we have been limit up for the dow jones average and at the opening bell, the dow will be up, what, 900 points, maybe more when the restrictions of the limits on trading are off. S p, nasdaq also up 4 , 5 . Clearly, investors like the 2 trillion rescue
Political backlash. To rule ea is said himself out of the running for hsbcs top job. Berkley Ceo Jes Staley is expected to leave by the end of 2021. Manus a warm welcome to daybreak europe. The official of unicredit says mustier is staying at the italian banks. That is the headline. You have the jes staley story this morning, a little banking stories. For me it is about the conversation i had with axel weber on the weekend on the sidelines of the g20. Very clear, equity markets are underpricing the gravity, longevity of the potential risk from the coronavirus. That sums it up. And mustier is staying at the italian bank, good news contin. Nejra absolutely. Who would want to take the top row at hsbc with so many challenges . In terms of the coronavirus, seems like investors are trying to find the bottom of this crisis. I think it is pretty fair to now, even ifright some of the rhetoric coming out of the g20 was a little more contained than what markets are reflecting. I think that was do