2020 season tonight right here on nbc weve got your preview early today starts right now good morning im Frances Rivera im phillip mena. Dangerous wildfires continue to flare up and force evacuations on the west coast. Officials confirming at least six deaths in the last 24 hours. A strong winds cause these infernos to spread across multiple states. Some of the images look like theyre from another planet. These photos were taken during the day in San Francisco the sunlight blocked by the smoke and embers more than 14 now firefighters are hard at work in california battling 28 massive fires that have already destroyed a record shattering 2. 5 million acres Washington State is facing de station. One town south of spokane was almost completely marked off the map. I remember sitting on my couch praying and crying for australia and praying and crying for paradise and yeah, you dont think its going to happen to you. What did you lose inside . Everything. Oregons governor is warning that this
Average stock down 6 . It has been one portion of this market which is absolutely ripped through 2020. Lisa are we at the phase of recovery where you can go into more cyclicals, given the fact that you saw a bit of an increase in treasury yields . Treasury yields coming back down today. We are going to be getting data, though, i date 30. One thing i am at 8 30. One thing i am watching is the jobless claims, still expected to come in at over one million americans in the past week, even though it is expected to come down. A. M. Aen 40 5 10 45 a. M. Conference from Speaker Pelosi on the road to nowhere. Each week that this goes on is more pain. Selling 26, u. S. Billion of 30 year notes. Strong demand all around, which has given investors some comfort that the bid isnt going to dry out. Jonathan starting with equities, equity futures this morning looking like this on the s p 500, against a bond market that is doing ok. On thefutures unchanged s p 500. In the market, in the bond market, a
Geostrategic challenge with the rise of china poses for the United States, not just today but in the future. The communist party led people were public of china through unfair trade practices, intellectual property theft, market manipulation and very prominently, in my view, nonreciprocal treatment, not just in the economic round but in many realms i has been a fore in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds fastestgrowing economies averaging close to 10 growth from 19792015. In 2014 china overtook the United States ass the Worlds Largest economy purchasing power parity basis according to the International Monetary fund. I believe that there is a strong eipartisan interest hopefully we will see that today in establishing a longterm economic United States strategy with our allies that focuses on reciprocity, intellectual property theft, and ultimately, from the United States perspective out competing the chines
Because the Senate Just Passed another 500 billion bailout. Bailout, lets say of the last bailout. As we quickly ran out of money thats why the dow surged 457 points s p soared 2. 29 nasdaq 2. 81 house of pleasure Payroll Protection Program was supposed to be for Small Business, right . In the end a ton of that money ended up going too big businesses, Public Companies that was a back rub and sing i feel like a chump. I guess i should be more cynical about politics, just trying to help Small Business. However, if you ask me, that wasnt really the big story of whats going on. See, theres something bubbling underneath right now under the surface. And if anything, it makes me want to be less cynical about corporate america. Thats right corporate america. See, this market is rewarding businesses that have foresight and originality and most importantly, heart i dont want to sound too sappy, i dont know how else to put it. The stocks of good corporate citizens are thriving here mark benioff,
Is the most loyal of them all, mornings with maria live right now. Maria top story right now 2020 democrats facing off in las vegas tonight, Michael Bloomberg making debut on debate stage ahead of nevada caucuses, democratic rivals taking him to task all night over controversial statements as well as wealth, Hillary Vaughn joins us with some of the highlights, hillary, good morning to you. Mayor Michael Bloomberg finally grade fellow candidates and that gave them a chance to finally challenge him face to face. A billionaire who calls women fat broads and horsefaced lesbians and no im not talking about donald trump, im talking about Michael Bloomberg, democrats take a huge risk if we just substitute one arrogant billionaire for another. I dont think you look at donald trump and say we need someone richer in the white house. We couldnt have to choose between one candidates who wants to burn the party down and another candidate who buys the other party out. I worked very hard for it and i