The moves in europe have been tremendous. A 58 basis point move upwards for the 10 year in italy. Moves. Re huge a big selloff in the bond market is not going to make the equity markets happy. You have limit down at one point for s p futures. The dollar keeps performing higher and higher. At some point, that is going to wind up crimping the Global Economy as well. To wrap it all into a neat bow, you have crude, the bottom falling out for that market. Goldman says they see brent coming to 20. Time now for global exchange. We are going to bring you todays market moving news from all around the world. From washington to new york, brussels, and london, our bloomberg voices are on the ground with this. Mornings top stories. The Trump Administration has promised a 1. 2 trillion dollar stimulus package, including to americans. Joining us is kevin cirilli. Where are we in getting this done . Kevin within the next week, i am told by sources. The president hasnt injected the treasury secretary S
Biden wins all 3 of tuesdays primaries. More than 8000 people globally and now confirmed to have died after catching coronavirus the number of reported cases is past 200000 in the past hour the World Health Organization says its still concerned some countries arent doing enough testing to suppress and control the a. P. To mix countries most eyes will eat test treat and trace if they dont transmission chains can continue at a low level then research ones physical distancing measures are lifted. W. Joel 2 news today equipment that isolating testi and treating every Science Fiction case and tracing every continent must be the backbone of the response in every country or moment is racing to track down potential coronavirus carriers after its confirmed cases jump to 792. 00 thirds of those a link to a religious gathering late last month that spread the virus through at least 6 of the countries a European Union ban on travelers from outside the block for 30 days has come into force as deaths
Bremmer, and Gabriela Santos the dow is down now almost 700 points again coronavirus fears sending the market plunging. The dow falls at one point more than 1,000 points at session lows all sectors going into correction territory which means 10 off their highs. Stocks are off to the worst level of the session after jay powell came out with a statement saying the fundamentals of the u. S. Economy remain strong and bond yields are plunging again sending Mortgage Rates to their lowest levels in eight years joining us for the hour, the final hour of trade is lindsey bell from allied invest. Also with us is senior markets commentator mike santoli as always to take you through the bell lindsey, what are you getting from some of your clients and what are you telling them . Our clients are retail clients. They are definitely concerned. So were telling them first and foremost, please do not panic. This is why you should have an investing plan in place. And always go back to that plan to reasses
Protesters and Police Hundreds of thousands of people continue to rally across the country against the law which they say discriminates against muslims. Plus turkish president. Says hell spend hell send more troops to support the embattled u. N. Back the Libyan Government the plan puts turkey with russia and others backing a rival libyan. Russian Security Forces raid the offices of a prominent kremlin critic. He says its part of a negative campaign against soon coming just days after one of his close allies was conscripted to a remote arctic base. Hello im terry martin welcome to the program some breaking news just coming in a passenger jet with 100 people on board has crashed in kazakhstan Authorities Say at least 14 people have been killed. The beck air plane came down shortly after takeoff from the city of la motta your route to the capital. At least 35 people on board survived with injuries. Well joining me now is nicole reese from our news desk nicole what more do we know at this
Streets of los angeles whose work says that even if youre homeless youre not. Alone im terry martin welcome to the program a passenger jet with 98 people on board has crashed in kazakhstan Authorities Say at least 14 people have been killed in the back plane came down shortly after takeoff from the city of on route to the capital no zal ton more than 60 others on board have survived with injuries. Our moscow correspondent emily sure one is covering this story and she joins us now from there. Emily what more do we know at this point. Well we know that officials have said that all the injured are receiving receiving treatment at the moment around 50 people have apparently been taken to the hospital and several people are severely injured according to officials these numbers of course could change this accident happened very recently the plane has just left when it crashed thats the biggest city in kazakhstan and it was on route to the administrative capital nor soltani thats a very frequ