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Weekly gain. Virus figures, coronavirus cases surging again, wall street still headed for strong gains for the week, s p and dow up more than 1 the past five sessions. The company beat on earnings, suspended its 2020 forecast on coronavirus uncertainty, and as well were going to be talking with the ceo of roku later this morning which also reported numbers. And jedi blocked, a federal judge haunting microsofts pentagon cloud contract after an amazon suit. For the second straight day the number of confirmed cases of coronavirus shot higher. Chinese authorities reported 5,000 new cases and 120 more deaths the death toll stands at nearly 1,400 and total cases into the range of 64,000. As increasingly guys, the conversations turning to diagnostics as opposed to the spread itself. Right there have been a number of articles that are very subjective about whats happened some of them say that, look, it could be a 24day incubation, so what they thought they were letting people go and some of it ....
The bond market flashesing a warning sign for the u. S. Economy. Germany and china both painting a negative picture, and energy financials, semiconductors are leading the declines, which are severe the dow at the low of the session down 782 were down 750 points as we speak. Chris, a crazy day for the markets. Lesss focus on the s p 500. What have been the key levels we have gone through and what are you watching from here i think its striking today feels worse than last week, but the s p trades above, so 2822 was the low, im going to guess theres probably more work to do on the down side. From the lows from may i think we need to put this into some context we need to remember that the s p is up 14 year to date weve entered this period from a position of strength thats different from the summer of 15 or the fall of 18. So i think the temptation is not to get too bearish just yet. If this is the start of a topping process, that will play out over time. Where to see those strengths . We l ....
Melissa happy valentines day, im melissa francis. We planned the wardrobe all week for you this afternoon. Were not supposed to tell them that. Thank you for joining us on markets now, and wall street is wonders where is the love . Lower despite two major deals. Whats pressuring stocks . A fascinating look at ceo confidence, pwcs u. S. Chairman is standing by. Right now, he has his annual ceo survey. It might surprise you. Calling senates bluff on spending. Lou dobbs weighs in. News on the stranded carnal cruise ship. The clock cannot turn fast enough. Those poor people. I agree. Up to speed on the markets, back to the floor, annie coal and nicole, another sideways day. Dow down six points, not far off the unchanged line for all three major averages. The nasdaq and s p squeeze out gains, the dow slightly to the downside. S p, as we talked about yesterday, right, broader average, and the dow just has 30. It moves the archings more. One thing the traders talked about from the minute i wa ....
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