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Quarantine it, will be a pretty strong enforcement of quarantine. The key is you have to have separation. We have to have separation or this thing takes longer to go away. But the real, really important, and i think you can say this for your country, i think we can say it for a lot of countries, for all countries hope fullly it is going a way. We want it to go away with very, very few deaths. You know, we call it cases, how many cases do you have . Relative to other countries we have very few cases. Relative to certain of major countries that really have a bigger problem than us. Interestingly i think we have the greatest doctors in the world. We offered iran assistance. Iran is having a tremendous problem and we have offered iran assistance if they would like it. We will help them. We would be glad to help them. Reporter mr. President , pentagon determined that iranian backed militia fired rockets that killed two american solders in iraq. Should they expect a response . I would rather ....
Last press conference. Even as we get the weak eurozone data and Interest Rates remain in negative territory. Nokia plunges as the tell cocuts the 2019 outlook and warns of tough competition daimler shares hit top gear thanks to strong mefrz sales the carmaker begins to double down on cost cuts. Weve got such an exciting day coming up. A lot of earnings to go to on the stoxx 600. We just got the aggregate data the pmi number has come in at 50. 2 slightly below the expectations but higher than we were back in september at 50. 1 services pmi, we have at 51. 8, just a faction below but above where we were in september the aggregate number coming in at weaker than we had. If you look at the numbers that had already come out, france pmi came in better than expected, germany weaker than expected i want to bring in a senior european economist who will be with us the next 15 minutes or so before we talk about mr. Draghi, i want to pick up ....
About 5 from their all time highs. Where is it safe to hide in this stock market we have details as power lunch starts right now and here is where we stand right now. The dow was down nearly 600 points at the lows of the day right off the open, weve come a long way back. Now down just about a hundred points with the nasdaq actually in the green, ever, ever, ever so slightly. The two big laggards are energy and financials well explain why, both down about 2 oil sinking to 50 a barrel. Well have more on that later. That would explain why Energy Stocks are down 1 3 4 . The focus is yields banks around the world are cutting rates. This is sending u. S. Investors into a selling frenzy. U. S. Stocks have bounced back, fears remain about what it means for the market we have full Team Coverage to lay it out Steve Liesman is here to ....
Nasdaq up by 33. However the new york fed, bullard as you mentioned and others are pushing back on this idea that a bigger cut will be coming the new york fed itself putting out headlines saying that speech was not about potential policy actions at the upcoming fomc meeting, this was based on Academic Research done by John Williams i dont ever recall hearing the fed walking back what somebody was out there saying a lot of fed president s have spoken to us over the last 10, 12 years at this point pushing become a bit on that. Lets look at what happened overnight in asia. You will see the nikkei was up by 2 . Big swing back for it. Hang seng was up by 1 the shanghai up by 0. 8 . Again, the nikkei reversing course after the weakness we had seen the day before. European equities this morning, you will be seeing green arrows there. The dax is up by 0. 3 . The cac and ftse up by ....
Down on the volume product in offshore. And alls ton looking at its restructuring plan. The german carmaker battles against climbing costs and weaker tee manned in china. And swedens Central Bank Lowers rates by 25 basis points, flagging two more cuts are on the cards in the second half of this year. Good morning once again. Welcome to street signs. As we mentioned, its a big day in europe. Weve got some outside moves across the board taking a look at Siemens Energy, shares up almost 10 after strong earnings and alston and german sportswear giant puma all on the upside here you see this leadingthe food and beverage sector, shares up 4. 5 we do have a downside. Bmw and skanska down just over 2. 5 bmw down pretty much 4 right now. Were going to bring you all the details throughout the show, but first lets focus on Siemens ....