Page 4 - Mark Mobius News Today

With the hopes of going ahead. The Federal Reserve move made a turnaround. That led to selloff yesterday. Dow industrials down 582 points, nasdaq down 18 and s p lower by 67. Reports that u. S. Airlines are looking into voluntary shut down of passenger flights across the country this morning. We will take about it. Ceo of boeing David Calhoun joined me later this morning on asking for bailout, suspending dividend and foregoing his own pay and shuts down. Im going to have a report for you jpmorga...

To back the bell and set to publish their own support program. Force johnson orders the u. K. Into a three weeks lockdown, sweeping new laws to breakup gatherings and fine any dissenters. Taylor meantime, i want to bring you some breaking news coming out of china. Their companies are having the worst quarter on record, according to china. The headline as it catches my eye, the economy has not gotten better as much as we thought they would be returning to work. It looks for the first three months...

Calls corporate welfare. The dow did manage to finish the day in the green, however, but well off its highs a positive, the first backtoback days in gains in the dow since early february a lot of todays rally driven by boeing, optimism around a bailout helping boeing post a 24 gain, its best day since the 1962 ipo were going to dig into all this with tonights trader panel standing by for you. Plus youll hear from new Jersey Governor Phil Murphy. That state just reported one of its biggest single...

Cable. T to highlight you could argue we are not really going anywhere. Poin the 50 basis point cut to be already priced in. We get more coming out today on the 10 year. Yields down by about 10 basis points. Crude continuing to rollover. Time now for global exchange, where we bring you todays market moving news from all around the world. From london to rome, to hong kong and new york, our bloomberg voices are on the ground with this mornings top stories. The bank of england cutting rates to help...

And thats when the Trading Halted it slowed some of the panic selling, the machine selling and at the end of the day, still down more than that for the dow futures for the dow a decline of more than 2,000 points. Youre looking at a big bounceback but only half of the declines from yesterday. Up by 1100 . It found some support and then it was down 5 and then it closed about where it was indicated to open. Right. But we kept saying what if the garden variety correction is 12 we got a pandemic what...

Year high as the coronavirus layoffs start to show u. And Oil Rebounding crude on track for its biggest oneday gain ever. Absolutely. Its up 26 though still down 17 for the week as a whole. The dow was up 500 points. Now only up 235. Lets focus in on the key stories were watching mike is tracking todays Market Action e meg is covering new developments from the Pharma Industry and kayla has the latest on proposed bailout, but mike, lets kick things off with you. Thanks. Obviously seeing a general...

The eu finance minister told an emergency call today. Manus warm welcome. I am in zurich. Its all about the bond market. Andcurve could go negative we run the risk of japan if japanification. Good morning. Did Jerome Powell cut and undercut himself . Is history showing when you have these cuts in meetings, the stock market does not take it well because you get emergency cuts, what it is really saying is the cuts are not effective to solve the underlying problem. Jerome powell did hint at that. H...

Gaining stoxx 600 are 0. 7 . Trying to still digest moves from the fed at super tuesday. We are getting data out of the euro area. It is coming in instead of the 52. 8 we were expecting. The eurodollar is unchanged. Lifts foring similar the s p future. Lets get straight to first word news in new york city. We begin with an update on the coronavirus. More than 50,000 people have recovered from the virus more been released from the hospital. The number of infections has risen. Now, to the spring m...

If she becomes president mornings with maria beginsing right now. All right weve got a big show this morning joining the conversation Mitch Rochelle is here and president and pat centers the author of persuasion lee carter is here and entrepreneur great to see you thanks so much for joining us. Good to have you back. Kevin we want to talk about growth stories this morning but we have to kib this hour office on violence overnight police clashing with protesters at the Hong Kong Polytechnical Univ...

Whether we are any closer to a phase one deal between the u. S. And china. The s p 500 hitting another reluctant record, i would call it, and u. S. Futures on the front foot. The euro study. We sought strengthen steady. We saw it strengthen against the dollar yesterday. 1070 right now. General concern about growth in u. S. Stockpiles, meaning it is trading at 56. 96. Coming up, we speak to the managing director of the fund,ational monetary Kristalina Georgieva. Dont miss that. Markets pushing do...