Mark Cabana News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ceos. We have industrials in housing covered. The initial jobs claims yesterday as well as a second potential wave of the virus in the u. S. , lets get to the unemployment claims continuing their decline. Jay powell said yesterday there may be millions of people who do not get back to their jobs and it may be a while before they find jobs again. Joining us is Michael Mckee. If we had gotten this jobless claims number a few days ago the market would have said, it is not as bad as we thought, and today the narrative is different. Michael i would not try to put what the market will say into my wo...

Time now for our top market moving news from our new york team. Joining me Bloomberg Opinion columnist brooke sutherland. What were some of your Key Takeaways . Brooke i think what is interesting is target talks about First Quarter comparable sales being up, but nearly all of that was from digital. Digital comparable sales were 141 in the quarter. Those sales come at a cost. They are more expensive. The natural supply chain dynamics of delivering products to homes rather than having them purchased instore is more expensive for target, so you are seeing that market squeeze. Clothes,rent buying ...

The moves in europe have been tremendous. A 58 basis point move upwards for the 10 year in italy. Moves. Re huge a big selloff in the bond market is not going to make the equity markets happy. You have limit down at one point for s p futures. The dollar keeps performing higher and higher. At some point, that is going to wind up crimping the Global Economy as well. To wrap it all into a neat bow, you have crude, the bottom falling out for that market. Goldman says they see brent coming to 20. Time now for global exchange. We are going to bring you todays market moving news from all around the w...

And oil down 6 to 2860 and change oil now on pace for its worst month ever and here is a stat that really sets the tone for how things have been and it comes from our friend ryan detrick at lpl financial. It markets the serventh straight session that was up or down and this breaks the previous record of six such volatile sessions set all of the way back of november 1929, a true sign of the times. All of the markets rising today. It is clear that we are in unprecedented times for the markets and the economy, but we are here for you here on cnbc with the folks working tirelessly around the clock...

Yields down by about eight basis points, once again under 1 for the 10 year. Time now for global exchange. From hong kong to washington to new york, our bloomberg voices are on the ground with this mornings top stories. Want to beginning asia. Total coronavirus cases around the world is now above 95,000. Cases seem to slow in south korea, while switzerland reported its first death. With us now is sophie kamaruddin. Is reporting an increasing number of recovery patients, roughly 62 of those who have been diagnosed who have been discharged from hospitals. The number of fatalities reported wednes...