S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive
Going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, theres little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. It briefly shocked stocks higher but now weve drifted back down towards the lows o the day a number of big interviews this afternoon. Jack lew on the economic response cmes ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue hell join us to discuss the pain thats being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. Charlie from Ariel Investments is with us for the hoyer hour. Meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. First, the new york fed just announcing that massive liquidity injection. Cnbcs senior
World cut rates. China weakening the currency again overnight. A perfect guest to discussion the swings in the market, former treasury secretary jack lew joining us thats coming up on closing bell. First right to the market action, joining us for the hour is josh brown. Whats turning things around here oh, my god, this is like what we live for, right it was pretty dire this morning. In the last five days, i have shift fred bearish back to bullish, then bearish, then superbearish. I was lutheran for a minute now i know youre joking. I am personally highly susceptible. I know this about myself, and every investor should think about their own behaviors. Im hidely susceptible to the lines i see in front of me not that i will react to all of them, but if youre not going through that, maybe check your pulse, that is what markets are designed to do, and i think the people that radically shift their views based on price act are the people who end up paying the volatility tax what led the comeb
the threat here in the u.s. has been raised to a whole new level as a result of the israel hamas war. for one of the senators in that room, the threat is already hitting very close to home. one nevada man just arrested for allegedly making antisemitic calls to the senator. one chilling voice mail referred to finishing quote, what hitler started. our nbc news reporters are following all of the latest developments and we begin with the war in gaza and new pictures showing the site of a massive explosion at a refugee camp just outside of gaza city. raf sanchez is reporting from israel. what do we know about this? so, chris, this explosion happened at the refugee camp, the largest of the eight in gaza. it is as you said in the northern end of the gaza strip. it s close to the israeli border. we are seeing just this scenes of enormous destruction there inside that refugee camp. a local hospital official tells us dozens of people were killed. we don t have an exact number, but do
the region. our message to anybody, and i can t confirm this report, our message to anybody who seeks to escalate and deepen the conflict, be mindful of how seriously we take our national security interests. 220 palestinians killed in the west bank, 197 since the beginning of the year, and how concerning that netanyahu is opening a new war front in the west bank considering the president spoke to this himself out in the rose garden talking about how dangerous extremists in the west bank are killing innocent palestinians. it s deeply concerning. each and every one of them is a tragedy, too. it s expected the senate will move forward to confirm jack liu as ambassador to israel. how do you see his role and impact on negotiations, is there a way to i know why there is concern with israel about fuel, but in terms of power or other of those services, you talked about wanting to see restoration, is there some other package that could be moved forward that you think could pro