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How low can it go . Power lunch starts right now well explain. Thank you, tyler as markets lose their gains on coronavirus headlines, we have all the angles of this story and the selloff today covered for you. Meg terrel has the latest on the comments that took down the rally. Bob and Rick Santelli following the volatile moves in the stock and bond markets ameamon javers has the white hoe response. Update officials saying its fair to say were on the cusp of the pandemic according to a bloomberg report early this afternoon. Head of the fda center for buy logics evaluation and research said there is significant concern given the virus has spread to six continentcontinens we saw the first case confirmed in latin america that country getting a raised travel advisory from the u. S. State department based oen the sped of covid19 there dr. Marks saying the time lines of Vaccine Deve ....
Well see. I think people were talking about that at the time. Yes. Well do aldi versus walmart. And trade secretary mnuchin in italy to find a way of trillions of dollars in foreign earnings to be brought back to the United States. We have it live from the g7 summit. We begin with macys crushed on weaker than expected earnings. Courtney reagan with more. Once again, courtney, retail in a reluctant spotlight today. I know, isnt that the truth. Theres no signs of a turnaround for Department Stores today. Almost across the board, macys shares down 115 . The disappointing results were in line with the expectations. On the call, the cfo said she only expected the First Quarter to be the weakest. Despite its ninth straight quarter of misses, she is reiterating the full year forecast. She acknowledges the challenges, but finan ....
Statement he made midday today which well talk about. Meantime, how about stocks. The s p could see its third 1 gain this year just in that territory right now. Just under well tell you whats behind the move higher and see whether we can hold the gains were drifting down a little bit in the final hour here. And this should be very interesting. After the bell, james damore, the engineer fired from google because of his internal memo on diversity. Hell be talking to kelly oneonone to give his side of the story. Looking forward to that an hour from now. He hasnt been shy about it so far. Right. Let begin at the white house where President Trump is about to address chinas trade practices. Onlion javers eamon javers is standing by. Reporter should see that live on camera in a couple of moments. The president will sign a document which directs the u. S. Trade representative to determine whether or not to investigate any china laws or p ....