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The market selloff continues and so does the search for a safe haven, the spreading virus is the main factor, dow industrials down 400 points at the opening bell, this is shaping up to be the worst week for the dow since the financial crisis of 2008. S p down 50, one. 5 or more and the nasdaq down 2 at the opening bell. The president has offered reassurance about the virus, quote, the risk to the American People remains very low. We are ready to do whatever we have to as the disease spreads. Now comes news of an unexplained case of the coronavirus in california. The patient did not travel to a virus hotspot and was not in contact with a known virus carrier. In other words it is here. Oversees dramatic action in japan. They closed all the schools until april. In italy, 528 cases at least, 12 that. Iran finally doing something. Having refused to quarantine towns or cities they suggested less unnecessary travel. Listen to what the p ....
Your thanksgiving table. Which is only a few weeks away. Great way to start the show. I will definitely say there is a toxic atmosphere developing for ipos. News this morning that endeavor is delaying going public. Thats an entertainment and Sports Company and this is the second time its delayed. Weworks ipo also clearly in trouble. More on that in a moment. Pelotons debut yesterday was not good. The offering price, 29. It closed the day at 25. There are a lot of new companies that people might like to buy into. But it seems that the valuation of many is just too high. May i use the toxic word again . Try this. A toxic environment for vaping. The cdc reports that 52 jump in vaping related lung illnesses. This is now a hot button issue with a Legal Industry under sharp attack. Vaping came in as an aid to quitting smoking. Its not looked at in the same way now. Lets change the ....
How that turns out and beijings reaction to it may well have an impact on our market today. We will show you that protest. Second, that recession signal, the inverted yield curve, well, as you can see, it is no longer inverted. The tenyear yields more than the twoyear, the way it ought to be. But i want to show you this. Money is pouring into americas 30year bond. Its yield has dropped below 2 again. Why . Well, germanys bond has reached yet another new low, negative yield, minus. 7 . Really crazy stuff. All right. You may think this is a crazy headline, too. President trump, according to the wall street journal has suggested america buy greenland. Varney company is about to begin. No, i think the longer the trade war goes on, the weaker china gets and the stronger we get. Were taking in massive amounts of money, billions and billions of dollars, as you know, and i think the longer it goes, the stronger we get. I have a feeling its going to go fairly short. Chinas lost millions of jobs ....
says ukraine wants to be part of the e. u. and not the russian empire, germany, chancellor is also due to address the event today. and america s worst school shooting in a decade prompts renewed coals restricted gun control. president joe biden says he s sick and tired of the 5. ah hello, i m terry martin. thanks for joining us. russia continues to pound ukraine s eastern don bass region. moscow has made taking the industrial heartland its main objective . after failing to capture the ukrainian capital, keith, russia says it will continue the offensive until it achieves its goals. ukrainian forces are doing their best to push back russian troops despite heavy shelling in this village now back in ukrainian hands. residents tell of their fears as the russians arrived. but i don t think you can we try to keep out of the way miss? i mean, yeah, well, maybe we should go back to the basement. she says that a little bit as a team of associated press film, russian artillery, ke ....
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