A w. H. O. Is launching more than 80 Clinical Trials to find a cure. And now to give us the latest on how markets are reacting we welcome back shawn hyman editor of logical investor so shawn some analysts are saying that this outlook right now is way too pessimistic and that chinas economic stimulus measures could lead to a Global Recovery especially in oil demand and theres also the hope that opec will also cut supply again by 1700000. 00 Barrels Per Day though any decision made was obviously take time to implement so where do you think this equilibrium is at and have we reached a bottom or is this still more room to fall for oil prices. Its possible that theres more room to fall if opec and plus russia doesnt actually end up coming through with those supply cuts if they dont then you could see will fall further and therefore will fall through the 50 1. 00 to 55. 00 area i think in the near term youre going to see a lot of traders get on shorts and take that lower but i think that wil
This is the one business show you cant afford and that im. Bored washington is coming to the coronavirus continues to infect several sectors of the Global Economy especially with the drop in chinese for as we break down the slope of oil and where markets go from here. The u. S. Pressure to play against while way continue to heat up as the trumpet ministration is threatening to withhold intelligence breakdown the latest in the fight for fire. And later and social media facebook c. E. O. Is on the ground in buffalo new with you what effect could this meeting have on the block new regulation we have so much to dig into i thought lets go. The ground running. U. S. Equity markets are closed today but investors are bracing for the economic fallout from the corona Virus Outbreak Goldman Sachs cut a q one while price target by 10. 00 to 53. 00 amid weakening Chinese Oil Demand as the nation is on lockdown beijing is now trying to kickstart the Economic Activities in areas outside of the who pa
Lets get a check of the first word news with mark crumpton. Ark a brooklyn man wearing pipe bomb attachment velcro and zip ties set off an explosion, injuring himself and three others. New York Governor Andrew Cuomo called the bomb lowtech and was adamant that the city remain vigilant after the Port Authority and several subway lines were shut down temporarily. All the service will reserve. Ume. Lets go back to work. We will not allow them to disrupt us. Thats exactly what they want and thats exactly what they are not going to get. Mark officials are calling this an attempted terrorist attack. Identified has been as a 27yearold. He suffered serious burns while the other victims had minor injuries. The largest of those wildfires in Southern California is moving north. Hundreds have fled their homes in Santa Barbara county. So far, the blaze has burned more than 270 square miles and forced the evacuation of 30,000 residents. Israeli Prime Minister benjamin that yahoo was in brussels toda
Stocks this year some are up more than 90 . Will investors ride the rally on into 2018 . Weve got your gaming playbook power lunch begins right now. Right now we are lower today across the board, albeit slightly telecom is leading and ralph lauren, Dollar General and target are among the top perform earns. Goldman sachs is seeing Current Quarter earnings reduced by 5 billion due to the new tax law on the verge of ending as the best performing down stock with a 90 gain, crude is holding above 60 a barrel and could end the year above that mark for the First Time Since 2013 now, with only three hours left in the trading year, the down track for roughly a 25 gain, that is around 5,000 points in one year the New York Stock Exchange is here with more facts and figures on a great year for stocks hello. Hello the big question is, will the news continue into 2018 . There was a lot of it. The s p rose 20 , the best return since 2013 when it rose 32 , just about a perfect market everywhere the s
Feeding Market Information to a swarm of japanese traders. Can you get more exuberance into this market . This fomo trade when it comes to equities in the u. S. And global, 24 billion flowing global sixth largest for inflows. ,hen it comes to u. S. Stocks 11 higher than its 200 day moving average, the whitest cap since 2013 idest gap since 2013. We do have a Public Holiday when it comes to u. S. Stocks on monday, so a wellearned rest when it comes to some of these u. S. Stocks and the recent rally we have seen. We have some breaking news when it comes to xiaomi. Considering chinese banks when it comes to their ipo, but sent to have chosen Goldman Sachs and deutsche bank, as well as Credit Suisse and Morgan Stanley, so more color on that story. Fromhotly anticipated ipo xiaomi, once a top contender when it comes to the smartphone space, a real disruptor for that space. 30 minutes away from the open. Singapore, taiwan, and malaysia coming online. Sophie taking a look at market action. Br