Lauren simonetti watching the markets, Edward Lawrence reporting from washington and lauren as we close out the week we start with you. Investors are weighing stimulus, the vaccine hope against the infection, the dow is lower above 2 this week and up three weeks in a low, with s p 500 in the nasdaq again but snapping a twoweek winning streak. Take a look my dear mike, a lot of momentum for the biotech, it is up more than 50 on the week. One of five drugmakers that are testifying week on their work before congress. Also there is reports that these drugmakers are negotiated in advance purchase deals with European Union and you can see outside gains for novavaxs in a novena. Another game that we saw this week is rotation out of the big tech stocks, some investors used a source for other purchases, on the weekend amazon down seven and half percent, microsoft down 5 and netflix fell 10 on disappointing subscriber Growth Expectation for this current quarter. Investors question the momentum t
The market selloff continues and so does the search for a safe haven, the spreading virus is the main factor, dow industrials down 400 points at the opening bell, this is shaping up to be the worst week for the dow since the financial crisis of 2008. S p down 50, one. 5 or more and the nasdaq down 2 at the opening bell. The president has offered reassurance about the virus, quote, the risk to the American People remains very low. We are ready to do whatever we have to as the disease spreads. Now comes news of an unexplained case of the coronavirus in california. The patient did not travel to a virus hotspot and was not in contact with a known virus carrier. In other words it is here. Oversees dramatic action in japan. They closed all the schools until april. In italy, 528 cases at least, 12 that. Iran finally doing something. Having refused to quarantine towns or cities they suggested less unnecessary travel. Listen to what the president said about the Market Reaction. I think the stoc
44 at 10 00. Well warm into the 50s this afternoon. Even the suburbs and philadelphia. Right now, 47 in the city. The breeze blowing out of the northwest is bringing in the drier air. 43 at 7 00. By 10 00 this morning, a 12mileanhour wind out of the due north. Skies nice and clear today. Temperatures heading for the 50s this afternoon. Above the normal high of 50. Partly to mostly sunny skies for philadelphia, the suburbs. For new jersey, 53 degrees this afternoon. A nice day brewing at the shore, too. Just a little bit warmer with a high of 55. Low 50s for the Lehigh Valley and delaware. The wind is going to be right up to about 12 miles an hour this afternoon. Ill break each of these forecasts down hour by hour, show you what your day looks like when im back in ten minutes. First, Jessica Boyington watching the first alert traffic. Right. Starting on 295, cameras around the black horse pike. Near route 168. Not a lot of cars out the door. Just a few. Either direction, northbound towa
Should replace jacob zuma his exwife or his deputy. And oh i Maryam Namazie and london youre watching aljazeera also coming up a deadly landru tens of thousands of refugees are taking from turkey to greece to avoid the islands. Control of the foreign interior and defense ministries in a Coalition Deal set to give the world its young. Palestinians more for protesters killed by Israeli Forces including an activist who previously valsin both legs in an israeli asked right. And dont mention diversity why the Trump Administration is Banning Health officials from using certain words and phrases. Allow our top story this hour a tense scenes in Johannesburg South africas Ruling African National congress is meeting to select its new leader the current president jacob zuma whos accused of corruption is stepping down as head of the a. N. C. The party is deeply divided on who should. Succeed him former cabinet minister and meanies will resume or is also his exwife is vying for the leadership her m
Growth in louisiana and prohibit us from protecting our citizens and residents from future damage caused by storms and also Prosper Economic Development at the same time. With that, mr. Chairman, i yield back. The chair the gentleman yields back the balance of his time. For what purpose does the gentlewoman from ohio seek recognition . Ms. Kaptur i move to strike the last word. The chair the gentlewoman from ohio is recognized for five minutes. Ms. Kaptur and rise in opposition to these very able gentlemans amendment and while i have some sympathy for this issue, and its not a new one this bill, i believe that more consistency should be brought to the way we evaluate wetland impacts, not less, as this amendment would ensure. The charleston method has been utilized for over two decades in various districts and is a quick and inexpensive and consistent methodology for use by the regulated public and the corps. In 2006 and 2007, the new orleans district worked with its federal and state p