Michael Regan News Today

What was earlier in the day in the labor market data. 5. 5 million is well above where we were pretty covid. Continuing claims still elevated above where they were a year ago , putting a dampener on the recent equity rallies we have been seeing in the dollar, part of a broader move across anancial markets to price in brighter economic prospect for 2021. Fromased interest republicans, raising a chance for a deal by the end of the year. Underneath it all, is the job weket losing steam and can wait...

We have a few updates for you all at the top this morning. First today the president is signing three executive orders to rebuild and strengthen our immigration system. These actions are centered on the basic premise that our country is safer, stronger and more prosperous with a fair, safe and orderly immigration system. Todays actions do a number of things. The First Executive order creates a task force chaired by the secretary of Homeland Security to reunify families which will work across gov...

The consumer staples, bottom fishing on companies and may think have gotten oversold. Companies could benefit from the work at Home Movement which is encapsulating this entire globe. Walgreens, have got walmart and costco among the gainers in the staples space. Theee another winner in dollar. Everyone is flocking to the dollar, the dollar index rising for a seventh straight day, claiming to an alltime high. The biggest loser against the dollar among the g10 currencies appears to be the pound. Ro...

Everyone watching parts of the economy shut down all at the same time is like nothing we have ever seen. Superlatives to compare past plunges, but everyone is trying to compare it to what experiences is this similar to. I have heard from people today, and no one had some obvious analogy, whether the cry natural whether the financial crisis, the wake of 9 11. Everyone of these past events was in some way a reminder of this, and that is what makes this so extraordinary. Scarlet and economic damage...

Banks and Energy Companies leading. The tenure u. S. Yield back up to 50 basis points. It was below that all morning. Nymex crude down about 20 . As you know, saudi and russia in a bit of a war here. 33. 22 is the price. The dollar and Oil Currencies are mostly trading with big ranges right now. Lets get to our second board to see more action. You could look anywhere today and see a lot of action. Highyield, that Circuit Breaker was triggered as well. We are down about 5 right now. Dollaryen at ...

Mark zuckerberg and Sheryl Sandberg. Thirdparty seller prior thirdparty sellers on amazon are jacking up prices. What they are doing to crackdown on illegal price gouging. But first, thousands of passengers waiting in isolation in a cruise ship off of San Francisco and waiting for the results of coronavirus test. Hastime, the city of boston canceled southwest by southwest. The markets have regrouped. Rally ands it curious left higher after dominating the fear of the spreading of the coronavirus....

Been seen in a long time. Our question for you this morning do you have money in the stock market . Are you buying or selling . Does the coronavirus have you worried about your Retirement Funds . We are opening up special lines. If you have money in the stock market and youre concerned about the coronavirus, or not, if you have money in the stock market we want to hear from you. T 202 7488000 if you do not have money in the stock market but still worried about the economic situation, or maybe no...

The Airline Industry is clearly suffering. People are afraid to fly. We know there is going to be damage to the prophets of airlines, cruise ships, that sort of thing, hotels. But it gets further than that, jesse, because oil prices have crashed with the stock markets. Mobil and chevron are struggling. One of the most alarming things going on in the markets if you were to guess what was the hardest hit sector over the duration of this, you might be surprised to hear it is the banks. Everyonen fo...

Been seeing a lot of industrials, energy companies, airlines, travel Companies Taking the brunt of the selling. Now it has spread to the leaders. 4 , then a little under worst day since october 28. I think that is one powell said neutral. All down more than 4 , basically the big laggards today. That is what you get. Scarlet the dow and s p negative on the year. Nasdaq Still Holding onto a gain of 2. 8 . Lets check in with our market reporters to say what they were monitoring. Abigail, get us sta...

Lets dive deeper, get a read of stories beneath numbers without reporters. Abigail scarlett, talking about the boy start to the year. The nasdaq up for a fifth week in a row. The top sector for the s p 500 technology up. Pretty incredible, last year having its best year since 2009. That is the degree of eying interest we saw in 2019. It is continuing. He also have Communication Services with some of those Communication Companies along with big internet names and then health care. The top sectors...