Attention to the virus to aid in war against the pandemic, live tomorrow morning for special interview you dont want to miss. Do stay with us for that. This morning pointing to higher opening. Take a look at future, up better 250 points on dow industrials, s p is up 29 and nasdaq higher by 116 this morning, this after the dow, nasdaq, s p ended down last week. As you can see better in the dow and s p. Google parent alphabet, microsoft, facebook, amazon, Technology Names reporting earnings this week and at the end exxon reporting numbers. Holding china responsible. Senator tom cotton telling me the coronavirus escaping its borders was a deliberate attack by the chinese and calling for action against the Chinese Communist party. Plus questions rolling with the health of north Korean Leader kim jong un as he remains unseen. Mornings with maria begins right now. Global markets this morning are rallying, take a look at europe indices, ftse 100 up 95 points, cac quarante in paris is up 86 an
Operation twist, where we just had a liquidity dynamics last time i was on we talked about Earnings Growth bottoming and reaccelerating of course the rate of change is what boosts the multiple so were this one of those periods where it should extend not just through end of the year, but into the beginning of next year as well. So if you think about when those rallies stalled out after qe2, that was the point where everyone realized all that liquidity didnt really boost earnings all that much and by then stock prices were ahead of fundamentals but between now and then, i think that the path of least resistance is still higher lets take a quick look at treasury yields. The fed operations is a large part of why. The ten year is yielding 1. 73 and meanwhile Chinese State media, remember on sunday the pro democracy candidate scoring a landslide victory winning almost 90 of the district down can still seats. And now beijing is calling the election a setback for hong kongs Democratic Developm
I want to focus on an issue ive been working on, which is the issue of Insider Trading. It erodes faith in our Capital Markets. It rewards insiders at the expense of often Retail Investors and is a real problem. What our witnesses know well, but the American People may not, is that there is no statutory prohibition on Insider Trading. The s. E. C. Can and does prosecute insider training through their antifraud and antimanipulation authority, but the case law that shapes this Insider Trading law is far from a solid foundation. Decisions can radically alter the landscape of what is unlawful almost overnight. Im a believer that if were going to prosecute someone for a crime we should put the crime into a statute. Im grateful both for the support and cooperation of the commission as well as the support of chairwoman waters and chairwoman maloney as well as the cooperation of the Ranking Member. We continue to work with my colleagues to refine the bill i want to give thoughts on some ideas
Disagrees. As ecb bond buying divides opinion, we will hear from Christine Lagarde, plus how negative yields are impacting the Worlds Largest Sovereign Wealth Fund. Matt i know what the big news for you was last night. Number in the u. S. Showing manufacturers in contraction was fascinating. It definitely moved markets. If you are, even sitting in the u. K. , there is no doubt that was one of the biggest market moving things yesterday in terms of increasing fears, changing the price on futures. We will discuss that. Matt we will touch on brexit. We are going to be going down to westminster throughout the morning and following the fall out of last nights vote. Lets take a look at the market numbers right now, starting with asian equity indexes after those big drops in u. S. Stocks. We see asian stocks rising. Yen bouncing back a little bit. Just an hour ago. To sellare more willing safe haven assets in the last 60 minutes. Crude oil i think fascinating. Weakness we have seen in crude oi
Welcome, everybody, to the aforementioned power lunch. Im Tyler Mathisen all three major averages are on pace for a second consecutive day of declines. Havent seen that in a while the dow down triple digits at this hour. Down 141 points. 175 points at its low earlier today. Now, boeing and apple account for roughly half of those losses that you see right there the russell 2000 and dow transports have both been slipping back into correction territory. Kelly. Thanks. Stocks are lower again today as apple drags down tech and the fed looms large. Bob pisani has more at the New York Stock Exchange. Hello, kelly. Downgrades are dominating trading today. Tech, including semiconductors are down the leadership board pretty narrow energy is up on oil strength the rest of the leaders are largely defensive like real estate and consumer staples. Retailers, though, doing well. Under armour, nike, and gap helping Consumer Discretionary elsewhere, no big news on the fed or trade today those are the tw