Page 3 - Program Everything News Today

Edition of squawk box, which is starting right now. Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Weve been watching with the u. S. Equity market and things are under pressure dow was down by 600 points on friday and adding to those losses today dow futures right now down by 273 points earlier this morning we were down by 350, so this is some improvement from a half an hour ago. The s p is down by 28 points the nasdaq off by ...

Be playing into sentiment. All of the sub indices in the s p 500 are lower now. A real pause in earnings reports from the Oil Companies to amazon, down 7 after saying it would likely spend all of its operating profits on covid related preparations to protect employees and customers. Also saying that revenue increased, which was a positive sign out of amazon, but again, investors selling that stock today. Barrelil was above 20 a , so i bit of a recovery, if you want to put it that way. It certain...

Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the ...

555 dow points. Ahead on todays show, were going to dive into this plunge in oil prices, what it means for the u. S. Economy and jobs to the financial losses reverberating through the market right now plus we will speak with illinois governor j. B. Pritzker and former commerce secretary Penny Pritzker, his sister, about illinoiss battle against the coronavirus and the race for more protective gear and testing. Lets focus in on the big stories were watching with 58 minutes left of trading. Brian ...

And you told your club members this morning were done selling for now. You raised the cash for when or if the market starts to revert to its old ways. Weve been selling into this strength and have to set up for another leg down why . Were about to go into earnings. Mcdonalds this morning reported some bad numbers and withdrew forecasts. We may see more of those once april 14th comes around. Its earnings season when we come back from the holiday, i think well have earnings cut earnings cut. I don...

But the leadership of mount sinai, new york presbyterian, new york confronts 599 deaths yesterday. Us thatis just telling spain actually showing increasing deaths moments ago. I think you are going to see a little bit of dispersion in the data daytoday. The u. K. Has had a couple of days when the death toll has come down, but i think there will be some degree of variance, particularly as it shifts its epicenter in terms of the regions it is affecting. In the u. K. , the epicenter is moving to bi...

The state of connecticut so i run a Small Research unit dedicated to understanding the criminal Justice System work for the office of policy and management and one of my responsibilities is to recidivism studies and out of and then the state of connecticut and then in criminal justice and then prepare people to see a lot of good news. So in terms of recidivism is 60 percent of the people to be arrested those are not good numbers. And with the criminal Justice System and wont go into detail and t...

The additional 1 million will allow us to recapitalize the loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the ad...

The additional 1 million will allow us to recapitalize the loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the ad...

Loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the additional dollars. Next piece is the 2 million allocation fo...