Damage. China near a takeover of the airline hna, saying it wants to stem the economic fallout from the coronavirus. Cruise passengers return. The first batch of hong kong residents from the diamond princess are due back in the city today, but there is lingering confusion about their arrival. U. S. Attorney general william barr tries to invoke an old law that protected tech companies. Ike google and Facebook Paul nothing has been happening released since you have been gone. Lets check in on futures in asia today. New zealand already trading at the moment. X higher by a quarter of 1 . 1 in by 1 5 of australia. 771 millioned profits. Pretty flat. Qantas seeing an impact from coronavirus. Few catalysts to watch out for. Aussie jobs expected to rise a little and china expected to cut its loan prime rate. We have machine tool orders out of japan as well. Emily i want to look at where u. S. Markets closed today. Lets get to bloombergs taylor riggs in san francisco. Taylor risk on across the
Jonathan lets get your morning started. Live from new york city this morning, good morning, good morning. This is bloomberg surveillance. The s p 500, bouncing back from a strange day of losses, positive by zero point 6 . We said this yesterday after chairman powell spoke, the presser ended almost as soon as it started. The top line headline, restrictive with nothing else seemed to matter. Lisa taking off the prospect of rate hikes took away the tail risk of them becoming even more restrictive and repeating that they are on the right path. That was the entirety of what was accomplished. It seems like this puts it back to where it was before. It is in the hands of earnings and it raises the question of on the long end, how much will this reaccelerate . Jonathan the fed will cut as soon as the data allows. Bank of america, hes in a wait and see mode. Deutsche bank, hard to say it was a dovish meeting, but given the recent inflation print, it could have been more hawkish and its difficult
Worldwide exchange. Everyone, on cnbc, im seema mody in from sara eisen. And im in for wilfred frost. See seema, a fantastic day, a lot coming up. A record high for the dow. Take a look at how futures are shaping up here on Tuesday Morning. A lot of earning to look at, in terms of walt disney, priceline among others here on futures trading mix, Dow Jones Industrials down by 2 points, s p down by 1 point. A lot of fed seekers coming up were looking at a tenyear field at 2. 6 , so a bit higher Economic Data out of china overnight, chinese missing expectations, the nikkei off by 0. 3 and shanghai up by 0. 1 . Shaking that data caoming out of china. A bit of a mixed market. Theyve been hovering between gains and losses the dax in germany, you cant get more flatter the german dax, ftse, in uk, all up by 0. 1 of 1 overall. Seema, the Economic Data well talk about in just a couple minute but still not having that wailing effect that people thought it was going to have either in asia or europe