Page 9 - Circuit Breakers News Today

Stocks will surge when this is over. Now look at this. An overnight tweet from the president. Quote, the United States will be powerfully supporting those Industries Like airlines and others that are particularly affected by the chinese virus. Big bucks coming. The president is clearly on board with the rescue plans that deliver trillions of dollars to industries and individuals. Who gets help and how its delivered, thats going to be hotly debated but there is a new sense of urgency to push that...

Eventually it is scheduled to dock at port of oakland around noontime today. 3500 people on board, some people have tested positive for the corona virus. There was some debate, ali, whether or not the port of oakland was the spot for the ship to dock. It was determine that had where itll come is indeed the port of oakland, not San Francisco. Thats because of the size of the ship and the size of the port of oakland, what it can handle. Oakland mayor raised her hand and said, yes, we rise to the d...

Breakers were triggered first thing this morning across assets. 59 basis points on the 10 year yield. That is about a 10 basis point shop. A tiny bit of money coming out of u. S. Treasuries, maybe a little bit of stabilization. Crude oil down 17 . Did we think we were coming into this this morning . 34. 25 on a new front on a war between russia and saudi arabia on oil prices. The dollar index is weaker by the more than. 8 . The yen is the strongest currency versus the u. S. Dollar, trading at 1....

Good monday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt at the Stock Exchange it is a historic day of trading. We will begin with the selloff which did include a break with Circuit Breakers richard on the stress test for stocks, mike santoli on the crude awakening in oil prices as the saudis launch a price war. Rick santelli on a bad yield trip for treasuries and Steve Liesman on the fear and the feds response bob pisani, lets begin with you and think ...

About 800 points on the dow. Youre still looking at a loss of greater than 5 a huge story today the crude oil crush as the saudis initiate a price war. We should think about it in terms of the speed and velocity of decline the s p the is down about 17 . We hear about the news with are the russians and saudi arabia. The problem i have is you have a very healthy patient being the market now it appears to be in intensive care we dont seem to have any doctors around to treat them in intense iive car...

Youre in the low 50s currently later today, its 60s whether youre at the coast or further inland were all the same boat on that one talking more about any chances of rain we do have in your forecast. Still ahead rob just a minor wait at the bay bridge toll plaza most of the folks heading into San Francisco got in early. So were getting some early clearing here at the pay gates, a minor way for some of the cash buyers and fast trackers but this is great. Compared to what we saw earlier when traff...

Thank you. Reporter we got rain during 2 1 3 spot palm springs just the weekend, thank goodness shy of 2 days in phoenix an that we dont have to worry inch and three quarters, a lot about the dry stretch. There may be more on the way if of rain for the desert. Youre going to spring training youre to the south. 40s and 50s, better off on the activities. Weekend when the system comes down from the north but this is wednesday and thursday very good event for monterey, iffy and 60s on the temperatur...

One Infectious Disease doctor in washington with buckets of nasal flu swaps wanted to test those for covid19 it was told by the federal government no. Doctor helen hsu said screw it and started testing and found positives from patients who had no contact with the wutang clan. Hundreds of doctors, researching clinicians all across the country putting their energy toward solving this horror. But they are having to sidestep the federal government to get anything done. We are a little late but not a...

Senator and former president ial candidate cory booker Just Announced hes backing the former Vice President in the democratic race. Well talk to him live. And harry and meghans finale. The duke and duchess of sussex are making their final official opeerns this morning before leaving britain this morning and their royal duties. Its monday, march 9th, 2020. Well have the latest updates on the coronavirus right after todays eye opener, your world in 90 seconds. I think we have no concept of the sco...

Parts here today. Some are literal. The princess cruise ship is one. Theyre watching throughout the day as it makes its way to the port of oakland. It is supposed to dock around 3 00 this afternoon. Well talk about that, oil off the bat with our buddy phil flynn out in chicago, price futures group, senior strategist at cme. We talked about it last week, phil. You and i were going back and forth about russia and saudi arabia. Now we have the true price war breaking out that has consequences in pl...