Goldman sachs restricting travel from south korea, northern italy. The president from india, looking much more reassuring tone than he is hearing elsewhere. Take a look. Looks like h theyre getting it under control, more and more under control. I think that is a problem that will go away. We lost almost 1000 points yesterday on the market. That is something, things like that happen. You have it in your business all the time. Had nothing to do with you. It is an outside source that nobody would have ever predicted. Neil continuing today. That disturbs a lot of market technicians who generally like to see a rebound after 1000 point hit. Just because were under water on some averages over the year, theyre up appreciably over the past year. Deirdre bolton what is driving the latest followup selloff from the New York Stock Exchange. At least if you judge by the sectors putting the most weight on the markets it seems to be the coronaviruss potential effect on the Global Economy. That is real
Been a long time since i did good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla futures were up and we were up 950 points almost on the dow but were going to start with the market selloff from the highs at least dow is up 243, caterpillar and bogey. Bob pisani is here at post nine to talk about what these internals look like this morning. It all feels tentative, the whole thing. I said this morning, theyre putting an awful lot of faith on fiscal stimulus, not monetary stimulus the traders want to hear fiscal stimulus at this point so theres two camps one is the cam whop said we are so ridiculously oversold there has to be a bounce and they have a point on historical basis. We have extreme oversold conditions we have the largest single day drop on the index since october 2008 90 downside volume. At one point 99 of the s p was down the vix over 50. I dont think people understand what the vix over 50 means its a real number over 50 the market believes theres a 50 chance th
Announcer from nbc news, the democratic president ial debate live from las vegas, nevada. Good evening, everyone. Im lester holt. Welcome to las vegas. Everything is on the line tonight with just three days before the critical nevada caucuses. Here with me on the stage, nbc news political director chuck todd. Nbc news chief White House Correspondent hallie jackson. Also joining us is telemundo Senior Correspondent vanessa hauc. And editor of the nevada independent jon ralston. The rules are there tonight. Candidates will get a minute 15 to answer each question and 45 seconds for followups. Now that the stage is narrowed to six candidates, we encourage each of you to directly engage with each other on the issues. Since the last time you all shared the stage, senator sanders, a selfdescribed democratic socialist, has surged into the lead nationally in the democratic race. Theres a new person on the stage tonight mayor Michael Bloomberg who spent millions of his own dollars to run in this
I respect him and his record. And i think that what we need to do now is honour the will of the people and get brexit done. Meanwhile, the labour leader claims a leaked government document shows the Prime Minister is misleading people about his brexit deal this is cold, hard evidence that categorically shows the impact a damaging brexit deal would have on large parts of our country. The london fire brigade commissioner strongly criticised over the grenfell disaster agrees to stand down early. The miracle of a woman whos heart stopped beating for six hours and lived to tell the tale. It feels really incredible that i survived it and im just really lucky to be here and to kind of be able to get on with my life. And coming up on bbc news. Chelsea manager Frank Lampard will be able to buy players in january after their transfer ban was halved by the court of arbitration for sport. Good afternoon and welcome to the bbc news at one. A man described by police as one of the most dangerous sex
Without getting technical, the shift in Interest Rates has raised the risk of recession. Bad news for investors. The dow is going to be down 370 points. That means we are down about 1,000 points from the middle of last week. The s p 500 down maybe 45, 1. 5 , and the nasdaq, thats on track for its longest losing streak in three years, down bigtime across the board. Look at this. Talk about a flight to safety. Money pouring into u. S. Treasury bonds and yields are tumbling. The tenyear, the benchmark Interest Rate, now yields just 1. 78 . If theres any Silver Lining here, its the likelihood of even lower Mortgage Rates in the immediate future. The price of gold, that is a sixyear high. That is also part of the flight to safety. Bitcoin, bitcoin, money is flowing in there, too. Its back to 11,800 per coin, up more than 20 in the last week. Heres what we have to start the new week. A currency war, a prolonged trade fight probably, a stock market selloff bigtime and a universal flight to so