I will use another strong word. Panic. That is justified. Late yesterday, panicked investors drove the dow down 1191 points. Thats the biggest oneday point loss ever. Okay, thats the backdrop. Now todays reality. The dow at one stage early this morning, futures were down over 600 points. Right now we are down over 400 points. The s p down 50. The nasdaq composite, way down, another 2 lower, off 166 points. Today on this show, we will ask when do we get a rebound . Where are the bargains that longterm investors might go for . Now look at this. This, what you are seeing, is a worldwide rush to put money into ultrasafe u. S. Treasuries. The yield now, 1. 19 . At one stage earlier it was 1. 16 , an historic low. That is a classic flight to safety. Heres what happens when the Global Demand for oil falls out of bed. Sharply lower prices. At this moment, we have got, what, about i think its 45 per barr barrel. That is on the price of oil. Thats the latest on the market action. Now the latest
Delivering the first model 3 made in china today. We take a look at the road ahead as it tries to charge into the future. Plus, serving up profits, find out what could be the top restaurant stock of 2020. Mornings with maria begins right now. Say, say, two thousand, year izero,zero, party, oops, out of. So tonight im going to party like its 1999. Lauren some prince this morning. Weve got a big show coming up this morning. Joining the conversation today, New York Posted tor post editd member, Richard Fowler and stephen moore. Great to all of you here. Happy almost 2020. Storely thifutures point to gais wall street gears up to finish 2019 with record highs. The dow up 6 points this morning, s p barely higher, nasdaq down just a point. The nasdaq ended the week last week with a slight loss. It did snap an 11 day winning streak. It is up almost 36 on the year. Steven, your reaction to this surge . Yes, this is the time of year when stocks go up, the meltup at the end of the year, but 36 ga
S p and fitch approve their assessment of the u. K. s Credit Outlook, but the pound continues to slide as fears of a Nodeal Brexit mount. Fedex in freefall. The carrier cut its profit forecast for the second straight quarter. Deutsche bank called the results rest taking lee bad breathtakingly bad. A 5050 merger. Of course, one is buying. The others. We will sort out which. They will sell some of their steak but not all in peugeot. Lets get more on that major socalled merger with milan. Ureau chief tommaso i know that pr wants us to believe this is a merger of equals as so many do. Is psa buying fiat . Tommaso good morning. Good morning, matt. How many times we have discussed on bloomberg tv about the industry. Now, the deal is really announced after more than one month of talks between fiat and peugeot. The question the answer to your question is fiat and peugeot will put together their 5050 percent company. Actually, the new company will have half the shareholders by fiat and half by
The nearly 60,000 homeless throughout the county even though its on wheels is still a house megan sue bellefonte a and sharonda beavers are living in this rickety rv on the outskirts of San Francisco i lied and control and i get to change my neighbors all the time without it they say they be on the streets living in a tent over medium we flip over here, they say they can spread out and cook their own meals. Its an element of the crisis far less visible but no less painful for people like megan sue who says she was evicted from her home 3 years ago after her husband died of cancer. I didnt have the money for first last months down day when i didnt have any credit because it was all my husbands name i try to save the suit. Homeless advocates say the growing number of People Living in their vehicles has prompted a need for socalled safe Parking Spaces, the 2 largest populations that apply to a safe parking program. Seniors over the age of 62 on a fixed and people under the age of 40 saddl
More on our website, bbc. Co. Uk news, and the news app. Now on bbc news, live to singapore for Asia Business report. Trump signsa trump signs a key hong kong legislation. The move backing pro democracy demonstrators comes in the face of angry objections from china. Protests and investments. A trade minister in chile tells me why his country is open for business despite wave of violent demonstrations. Good morning, asia, hello, world. Yes, it is a thursday. Glad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets start off with the hong kong protests, because us President Donald Trump has signed into law congressional legislation backing the pro democracy protesters. The move comes despite angry objections from beijing, the us and china had been close to reaching a phase i deal to end their bitter trade war. Michael mccarthy joins end their bitter trade war. Michael mccarthyjoins me now end their bitter trade war. Michael mccarthy joins me now f