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With the reality of inperson classes amid the pandemic. A surprise cfo shakeup is sending one stock at the center of the coronavirus sinking and tesla and when it comes to electric vehicles. Evs. You are watching Worldwide Exchange here on cnbc good morning. Im dominic chu in for Brian Sullivan today stock market indicating modest moves. You have moves with the dow implied higher higher by 26 and by just about five points. This is after the s p 500 after multiple tries and record high since february from that march 23 bottom to yesterday marks the end of the shortest bear market in u. S. History at 148 days. A 35 drop for the s p and 55 rise to those record levels we are right now. The s p not alone. Continuing to outperform coming off its 34th record close of the year just yesterday. In bonds, the 10year currently sits moving a little bit around 6. 5 or 4. 1 as the fed p ....
We have seen strength. It has reached 690. That could mean a path to a level not seen since january. The hang seng up 1. 5 . Take a look at where we are in terms of emerging markets. They are trading higher. 1 shy of a recent losses. The kospi is up. The south korean assets will be watched today as it is expected to stoper restrictions a flareup. Gold down to 1943. Lets get to first word news with Karina Mitchell in new york. Karina President Trump is welcoming a coronavirus treatment that involves blood plasma from corrupt recovered patients, saying it will be expanded to more sufferers after the fda approved its use. This makes it easier to make it accessible. Even though its full effectiveness has not been proven. The fda has concluded the treatment is safe and works. Virushas marked a grim milestone topping 3 million infections as the outbreak accelerates. New cases ros ....
Meeting to order at this time and i would like to, if i may, give just a brief overview of what you can expect. We called the meeting to order that would have been an Opening Statement of the chair and Ranking Member, Opening Statements from chairwoman waters and are witnesses will give their Opening Statement and then we will have q and a of witnesses and adjournments. The title of todays hearing is protecting homeowners during the pandemic oversight of Mortgage Services implementations of the cares act. Without objection the cares authorized to declare a recess of the subcommittee at any time. Also without objection members of the committee who are not members of the subcommittee may participate i ....
Chair, Opening Statement of the Ranking Member, Opening Statement from chairwoman waters, the witness of will be introduced, witnesses were given Opening Statement then will have two and a of witnesses and adjournment. The title of todays hearing is protecting homeowners during the pandemic oversight of mortgage servicers implementation of the cares act. Without objection that shares authorized to declare a recess of the subcommittee at any time. Also without objection members of the committee who are not members of the subcommittee may participate in todays hearing for the purposes of making an Opening Statement and asking questions of witnesses. Members are reminded to keep their video function on ....
Note a quorum is present. We we will hear testimony from e department of education implementation of borrowed eventual. Pursuant to commingle 7c statements are limited to the chair and Ranking Member. I want to thank secretary devos of being with us today and thank her for a green to hold enough time in the schedule all of the members present to have amendments confinements of questions pursuant to house rules. Especially thankful because this cheer im exercise my prerogative to go last in question order so it she were to leave early i wouldnt get to ask questions. I want to thank you for agreeing to stay with us for the fulltime. I recognize myself enough for the purpose of making an opening statement. We are here to examine the department of educations implementation of the borrower defense rule. I want to thank you, madam secretary, for appearing before the committee to discuss this important issue. Borrower defense is a rule g ....