Page 33 - Phase Four News Today

Projections for 2021 are also being revised down. And, where it all began. China has lifted travel in wuhan, ending 11 weeks of a lockdown that disrupted the lives of millions of people. Shery happening right now, President Trump speaking at the white house, talk about how he is handling the virus outbreak, saying he will ask congress for an additional 250 billion. Take a listen. Pres. Trump it was a big, important thing. We are looking to have far fewer deaths than originally thought. I think w...

There are conversations floating about about whether brent and go negative. We are trading up 11 today. Up 1. 5 . The peripheral bond market, i massive story at the moment, as you can see. We saw a huge auction in spain earlier on, following on the heels of an auction yesterday in italy. We are continuing to watch what is happening as we build up towards an eu meeting tomorrow that could barely be make or break. The ecb talking about whether it could potentially accept grade that in collateral. ...

Of their foxholes and asking, is it too late to buy . I have great market pros that will help us today. I even have a few thoughts myself. Also, as President Trump is calling on democrats to end their vacations and give more money to Small Businesses, we are going to get reaction from camping world ceo Marcus Lemonis who says Congress Needs to get to work and get to work right now. All that and so much more on making money. Charles the market today being led bisectors breathing a sigh of relief ...

Working families in the commonwealth and around this country. He has been working diligently on the cares act that was recently passed. He is going to talk to us about that today. And we cant wait to hear about it. Were so thrilled also to have Stephanie Murray here with us today. Readl open our inbox and stephanie on politico playbook first thing every morning. Stephanie, thank you for being here. Aboutd go on and on chairman neil and im not going to because i want to kick it over now to hear f...

The nasdaq down by 25 points this morning, youll see futures are lower again. These are modest declines. The types of numbers we used to see all the time in the morning just over a month ago. Right now, the dow looks like it would open about 42 points nasdaq around 18 points. Keeping track of treasury yields we find ourselves this morning again with the yield indicated around those levels. 0. 7 and change andrew lets bring you an update on the pandemic and some of the numbers. The number of conf...

Weaker as you have no agreement over finance chiefs on what to do over the crisis. Russia doesnt think a 2 million barrel a day cut is enough to get anyone to the table. In the bond market, 17 billion worth of supply coming online at about 1 00 today. It is time for todays market moving news from our london and new york offices. European Union Finance ministers now failing to reach a deal on a unified strategy combat the economic damage of the coronavirus. Germanys finance minister olaf scholz d...

Futures searching for direction. Take a look, gain in the dow but decline on s p after wild day yesterday. Dow erasing all of its early gains of more than 900 points to end the day negative yesterday at 4 00 oclock on wall street, the dow industrials coming down from a gain of 900 to end down 26, the nasdaq down 25 and s p 4 points. Treasury secretary mnuchin seeking 250 quadrillion. If the money did run out the white house would go back to congress and ask for more. Meanwhile in china the count...

[indiscernible] pres. Trump thank you very much. I just had a great conversation with the leading faith leaders of our country. It went extremely well. I learned a lot. We are working on things that are very interesting and very positive. I thank them for being on the call. Yesterday we unveiled detailed guidelines for governors to initiate us a safe, gradual reopening of america. The guidelines provide governors with the factdriven and sciencebased metrics they need to make decisions that are r...

But most fiscal spending happens at the National Level still here in europe. The numbers are still relatively large. There is just a lack of coordination when it comes to providing aid for the more stressed out economies like italy. The core countries like france and germany are able to spend money at a National Level. Stocks are down here. Theyve rolled over in the last 10 to 15 minutes. Bundbtpye on the spread because that highlights what is happening between the core and the periphery. 1. 088...

Were very focused on that until we get over this. Obviously well not ship too much. We have excess of certain things and dont have enough of others. I just had a great talk with Doug Mcmillan from walmart and i gave him a very, very big order for gowns, for protective gear for the doctors, for the nurses, for everything and hes actually very excited about it. He is biggest purchaser of this kind of thing, of anything probably in the world and and he is very excited about it. I said what size . A...