Jerky market from the premarket to now any trends youre picking up i wouldnt say trends that last too long. I think this kind of choppiness, a little bit of aftershock navigation is what were trying to deal with right here. I do think it shows you what happens in these tightly compressed markets like oil when you have a hint of something oou, you know, going the other direction and you will get this exaggerated pop. Were in the zone in a less extreme way with equities too. Right now today weve traded within yesterdays range so even though it seems like weve been popping all over the place, weve essentially sort of operated within the bands that we set yesterday i dont think yesterdays 4 decline necessarily did too much damage to the idea that perhaps were in this bottoming process, maybe a week ago monday was okay for a shortterm extreme low but todays rally doesnt change the sto story either that it could go either way the conversation perhaps is going to turn a little bit more toward
The Committee Meets today to receive testimony from the department of defense fiscal year 2021 budget request. Welcome our witnesses and thank them for their service in both dr. Mark esper and general mark we have a pair of marks in this morning. This committees top priority is ensuring the effectiveness of the National Defense strategy. Thats our vote that we had heard, adhere for a long period of time now. About three years. Unfortunately, the last administration we ask our military to do more with less and that got us into trouble between 2012 and 2017 we lost 150 billion to sequestration. Our Defense Budget in the readiness of our forces were devastated. I think we all understand that. As a result, when President Trump came to office, he inherited American Military and crisis, thankfully he delivered on his promise to begin rebuilding the u. S. Armed forces. He negotiated the highest level of defense spending ever, a down payment toward getting our military back to where it needs t
And joint chiefs of staff chair general mark milley were on capitol hill to testify on the president s 2021 budget request for the pentagon. They were also asked about military modernization efforts and defense funds being diverted from border wall construction being diverted for border wall construction. [indiscernible conversations] [indiscernible conversations] the Committee Meets today to receive testimony for the 2021 budget request. We welcome our witnesses and thank them for their service. After mark esper and general mark milley. Top priority is ensuring the effectiveness and implementation of the National Defense strategy. Unfortunately under the last administration, we asked our military to do more with less, and that got us into trouble and 2017. 12 we lost 150 billion to sequestration. Our forces were devastated. I think we all understand that. As a result, when President Trump came to office, he a country in crisis. Rican military and crisis, thankfully he delivered on his
Chairman inhofe our hearing will come to order. We meet today to continue receiving our hearing will come to order. We meet today to continue receiving the posture statements. We have quite a few more. This is the time of year, and we have general todd walters, and i appreciate very much the time we spent together last week. And general stephen lyons, so i appreciate you two, the years of service that you have donated and given to your country. As stated many times before, the Armed Services committees top priority is to ensure the effective implementation of the National Defense strategy. We have that. Yeah. We have it pretty much surprised me, senator, how we have really stuck with it from the very beginning. With that from the very beginning. It means that we must ensure that in this era of great power and competition with russia and china, that our military services are resourcing commands to address the challenge of strategic competition. This is especially true of our two combata
With second largest point gain on record. Up 1,173 points yesterday for the duh industrials, that was 4 and a half percent. Nasdaq was up 334 points. About 4 . The s p 500 also higher by a quarter percent with a gain of 127 points. Coronavirus, crisis continues, california declares state of emergency as the number of patients in the golden state rises, the house passing 8. 3 billion bill to bat it will virus, the senate due to vote on that today. United and jetblue cutting flights to the United States, all that coming up. Samestore shelves, heared out of clorox and canned soups. Senator Bernie Sanders releasing ad barack obama praising him and joe biden hitting back and Mike Bloombergs expensive run to the end and is Elizabeth Warren coming next . Mornings with maria is live right now. Maria we begin with another volatile day in markets this morning. Take a look at markets overseas as we sea big selloff in the u. S. Cac quarante in paris down 91 and dax index in germly lower 120 points