And the world and that means anxiety as much as the covered 900. 00 virus itself staff at the worlds most Famous Museum the louvre in paris shut it down for 3 days this week demanding better protection against the virus tourists went to news to there isnt a place in the world that its not going to get to you and you cant just shut down the world and you can though shut down parts of it battling europes most prolific outbreak so far italy will close all schools and universities until mid march in an effort to stem the tide of infections and a rising death toll japan did the same last week and france has also ordered the closure of some schools affecting an estimated 35000 pupils. As dramatic for some italys decision to hold all sporting fixtures in empty stadiums spain has done so to life across the globe is changing fast the World Health Organization continues to stress the importance of containment in places with few infections in the hope of delaying the spread of the disease and to
People across the u. S. Have been infected we are going to take care of that have been taken care of the American Public and the American Economy we are going to be asking tomorrow were seeing the senate going to be meeting with House Republicans which mcconnell everybody and discussing a possible payroll tax. Cut or relief substantial really very substantial relief thats a big thats a big number. The president trying to trying to reassure markets after a pledge in the Global Stock Markets on monday wall street suffered its worst one day drop since 2008 a financial crisis then with the dow jones falling more than 7 percent so far on tuesday asian markets have shown signs of stabilizing after an initial drop on opening christen salumi reports in new york. From the opening bell investors were sounding the alarm a massive stock selloff amid growing fears that the coronavirus was evolving from a Health Crisis to an economic one as more people stay home cancel trips and reduce their spendin
Cnbc. Im wilfred frost. And im susan lee in for sara eisen. A new month, new quarter. Thats right, lets have a look at what markets are doing on this the first day of the Second Quarter of 2017. Of course, it comes off a day of slight declines on friday. About 0. 3 for the dow, a little less than that for the s p and nasdaq. And they are called higher, about 28 points for the dow. Dollar points for the s p, nasdaq got about 9 points high. The dow rising 4. 6 . The s p 5. 5. The nasdaq placing its best performance since 2013 up nearly 10 . The Small Cap Index slightly underperforming. But the rally slowed. The s p finished flat. The dow lost nearly 1 . And the nasdaq gained about 1. A5 . Id say given all the focus weve had during the month of march, susan, from some of those pullbacks and declines when you have a look at that snapshot, you have to frame it as one of resilience. Yes, we did pull back a little bit in march, but nothing too significant and still very big gains for the Firs
Exchange on cnbc. Im wilfred frost alongside susan lee in for sara again. A very good morning, susan. Good to see you, wilfred. Lets get you up to speed. Dow closing. 25 . And the oil prices were stronger yesterday. The Energy Sector was the best performing sector. Oil prices up slightly again today. Thats led to gains around the world. And gains in the u. S. Futures markets, culled high by 66 points on the dow. About a third of 1 on all three of those indices. Its interesting to point out the biggest reaction to all of the fed speaker over the month has been bonds. If you look at the bond markets down to 1. 73 . Of course, we were near 1. 9 a few weeks ago. Well get you more to the markets in just a bit. But first, breaking split cal news. Montana, south dakota, north dakota, and the most up for grabs, 475 at stake for former secretary of state Hillary Clinton and senator Bernie Sanders. But ahead of todays contest, word comes that hillary has gone over the top of the magic number of
Good morning. Welcome to Worldwide Exchange. Im wilfred frost alongside susan lee for sara this morning. Look who is back. I am back as well. Fee feels good to be back here in cnbcs headquarters. Lets take a look at the market this morning. All three of the major u. S. Embassies up over 3 . They are looking like theyre going to give up gains today following some losses were seeing in europe. The dow by 90 points. Flirted with 100 a few moments ago. Lets look at the 10 year hitting a record low falling 1. 381. Even though we saw a really in equities last week, the move for bond deals globally has been in one direction throughout and that has been buying of the bonds pushing the yields lower. Lets check in on the asian section. Well, asian stocks stumbling breaking the fiveday winning streak. Rising to an 11month high in june. You saw shanghai. Maybe more military spending to come. Across the woboard to europe no were looking at steep declines for the german dax and france cac. And will