Page 150 - Third Quarter News Today

Even the president took note tweeting that, quote, oil prices are moving upnicely as demand begins again lets start with bob pisani with the move higher in the market, bob, and everything contributing. Yeah. Energy really on a tear right now. On a bit of a breakout energys leading retails leading 3 to 1 advancing to declining stocks again today second day in a row with advance decline line. Breadth as we call it. We are on 100 points either side of the roughly 2850 on the s p 500. I think that i...

In the u. K. , Prime Minister Boris Johnson defends his handling of the crisis. Phillips is set to produce 15,000 ventilators per week to ease shortages. This phillips number coming through. In terms of what we are looking at, 4. 2 billion euros. Estimate 4. 16. A little bit off a beat. Phillips said it wont provide 2020. Pecific guidance one of the questions, whether they would suspend that guidance for the rest of the year. They could not really quantify the impact or duration. Manus they had ...

Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earni...

You and your family. We would love to hear from you. Our phone lines are open. For the eastern half of the country. 202 7488001 for the mountain and city time zones. 202 7488002 if you are a medical professional. We begin with the numbers courtesy of Johns Hopkins university. Around the world, 3. 1 million confirmed cases. The death toll in 185 countries is 216, almost 217,000. In the United States, the death toll has surpassed 58,000. Joining us from princeton, new jersey is the president and c...

Here are your top headlines. Blame game. President trump raised the prospect that china deliberately caused the coronavirus outbreak. This as the u. S. Pauses some tariffs for 90 days but not those on chinese steel or aluminum. Crude collapse. Wti sags to its lowest level in the 21stcentury on concerns that Storage Space is running low. The demand outlook remains gloomy. Signs of easing. Germany begins to reopen its economy as spain, france, and the u. K. Report the fewest coronavirus fatalities...

Cramer, david faber coming to you live from separate locations this morning its risk off following those onemonth highs from yesterday empire and retail sales for march were abysmal the worst on record. Below Expectations Oil below 20 earnings from citi, goldman, bank of america showed the major banks are, as expected, bracing for a wave of defaults some more than others when you look at the percentage of the total loan book at jpm and city. Jpm is the one that people decided wasnt that great. W...

What exactly comes next for the coronavirus, how governments will deal with it and if there are any faults. Lets check on your markets. Today, we have a market that seems focused on the number of affected and deaths falling. That is the good news. Many deaths, but it has fallen from three or four days ago. Equity futures are down. European stocks are holding gains. They fluctuated quite a lot. It is a big week for corporate earnings. They are trying to a tentative signs that the infection rates ...

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 ...

We were effectively at the lower bound already, so that is coming in at 25 basis points. The Canadian Dollar was already weaker before this. It is weaker now by 1. 5 versus the u. S. Dollar. Lets take a look at where we stand markets wise. We knew after the retail sales data we would like to down, and we are. Awn 2. 4 for the s p 500, and move for the 10 year yield is well back down to 66 basis points. Crude oil has recovered ever so slightly. We were at the 19 handle for most of the morning. 42...

Lineup of guests coming. Federal reserve vice chairman will join us exclusively in a few minutes for his first interview since last weeks fed meeting. Well also pespeak with the ceoo human there is a and a massive afternoon of earnings headlined by disney, ea, beyond meat and activision and well peek with actvisions ceo ahead of his Earnings Calls after the numbers come out as i said, were at 1. 9 with 59 minutes left lets moex fowlkes on the big stories. Meg has new developments on the treatmen...