hit. that move higher is huge also, amy klobuchar, not the the largest mobil game provider. strongest performance. the company's market cap is now bernie sanders, you see there, went in as the front runner. well above $500 trillion the buzz this morning is that he had a pretty strong performance. fire works were on full display as the front runner, you are in las vegas as 2020 democrats going to take some hits. faced off in the latest debate that was probably limited because so many were going after bloomberg. >> a lot playing out overnight former mayor michael bloomberg it is 5:00 at cnbc thank you for that break down of found himself on the receiving the debate end of plenty of attacks headquarters let's look at other top it is your "five@5." hitting the pause button we'll go now to las vegas. stories with frank holland this china takes new steps to help bloomberg was an early target. morning. >> we start with big banking shore up its economy over that break down some of the other key news say shake-up at the top of ubs moments from that debate we saw coronavirus outbreak as goldman sach issues its own last night appointing the former ing boss >> reporter: that was as warning over continued impact of expected but the ninth debate the virus on the markets as the next ceo effective ended up more like a pay per call it the worst kept secret. view fight night with candidates november 1 stepping down at the end of june pulling no punches and taking after leading the insurance valuation down in a huge take aim at their fiercest rival. private retail deal. giant. a meeting in washington ove plus, no celebrations at sam senator elizabeth warren dug in

today as the true cost of hard for today. early and often with an exchange set to discuss new proposals of about a mistreated woman at his seltzer hits the beer makers possible restrictions and sales of huawei-made chips and company who could not speak out and fire works in sin city as components to a chinese jet because of disclaimer. candidates turn up the heat on maker. coming from a push back from >> i hope you've heard his mayor bloomberg in his first trump slamming the proposals and defense. i've been nice to some women debate that doesn't cut it. it is thursday, february 20, saying, quote, the u.s. is open the mayor has to stand on his for business 2020 "worldwide exchange" begins right now. record >> none of them accused me of ♪ and reportedly selling control of victoria's secret valuing the brand just over $1 doing anything other than maybe they didn't like a joke i told billion according to the wall they signed those agreements and street journal >> good morning. expected to buy a 55% stake. will live with it. welcome to the show. >> warren's fundraising had the take a look at today's mystery l brands would remain in control best hour after that debate. chart. this stock is set to surge more >> and manager issuing a than 30% at the open of bath and body works chain that's the pace we are seeing statement that mayor bloomberg right now. the ceo is expected to step down will do better next week in stay tuned for the big reveal. south carolina it is a name you might remember. but remain on the board. when we come there was a fighting match between amy klobuchar and pete first, here is how stock futures are looking this morning as the and how long it will be before businesses in china can get back buttigieg, they were at each s&p and nasdaq come off record up to speed. other's throats. why sharlow are zoomin

highs. the s&p opening about flat, nasdaq similar ahead and what fidelity is the bond market moving slightly. buttigieg shaming klobuchar for saying to customer to check 10-year note and 2-year note forgetting the name of the president of mexico. their balances only to find a >> you voted to confirm the head slightly higher. zero where years of retirement of customs and border protection 2-year 1.41% savings should have been under trump who is one of the 10-year 1.55%. in europe, we are seeing a mixed we'll have more after this architects of family separation. you voted to make english the picture there. fairly flat as well. national language. marginal gains and losses for >> i wish everyone was as the cac and ftse 100, german dax perfect as you, pete let me tell you what it is like to be in the arena as well. asian trade as well. >> amid all of that, bernie generally speaking, it is green. with weigh saw some gains in the sanders, front runner, emerging relatively unscathed with his shanghai composite socialist label and option to a sticking with asia and the brokered convention proudly. latest, china again cutting its we'll see saturday whether nevada voters agree. benchmark lending as expected as >> i always like looking at the they look to boost the economy new york tabloids as i'm sure

as two passengers from the you did. do you have concerns about mild memory loss related to aging? the left-hand side of the ee diamond princess cruise ship kwaks, the daily news has, prevagen is the number one pharmacist-recommended have died. the first reported deaths in memory support brand. "bloom goes the dynamite." connection with the ship you can find it in the vitamin aisle in stores everywhere. quarantined off the coast of and the right-leaning new york japan nearly two weeks now prevagen. healthier brain. better life. post says, "black and bloom. china changing its criteria for confirming new cases was it the case that bloomberg was the focus of everything adding confusion into tracking given the fact that he is the from the outbreak. two new major corporate newcomer to this stage >> it was pretty apparent early warnings first from apple supplier foxconn. the company saying the outbreak on will lead to lower full-year i think those headlines were revenues as the company will, probably written and put in safe keeping when it was known he quote, restart operations would make his debut cautiously and maersk, which is considered those ndas have been recently which of your devices are protected by daily security updates? daily security updates... a baro meter of global trade saw well published daily? i don't know. the only thing... after saying it took him 45 i'm struggling with this. revenues slip missing some providers you have to manually download updates minutes to get his sea legs on expectations as its shipping to each device. unit adjusted to lower capacity. comcast business securityedge updates every 10 minutes stage acknowledged that he had a

to help keep your connected devices protected analysts at goldman sach adding tough time defending his record. against new ransomware, malware and phishing threats. their own fuel in a new note to every 10 minutes feels pretty good. get secure, reliable internet and voice for an amazing price. he did defend policies he would clients. strategists says the market is underestimating the risk around put forth on climate change and the virus adding, quote, while a call today. comcast business. beyond fast. taxes, some of that damage was sustained ba i'm jennie garth, and as a mother of 3, already done sustained bear market does not i know kids worry about a lot of things. >> kayla, how are you feeling? look likely, a near-term getting enough food to eat shouldn't be one of them, it has been a long day and a but here in america, that is a real worry long couple of weeks for you correction is looking much more >> it is always exciting to probable for 1 in 5 children. cover these events and the keeping a watch on the markets this is unacceptable and something action on the stage last night, surrounding in addition, minutes feeding america is working to solve. it was one you wanted to grab through a nationwide network of food banks, show members remain confident in your popcorn for and certainly feeding america serves virtually every community the u.s. economy in that rates will remain unchanged for some in the united states, including yours. didn't want to turn in early see how you can help your community. >> that's what she gets for time i'm joined by the chief visit feedingamerica.org. being in vegas for more on the debate and strategist at invesco. together, we can solve hunger. together, we're feeding america. what it means for your money, this is a lot of stuff to i'm joined now by cofounder of digest what stands out to you from a strategy standpoint about how to sand hill and strategist at approach these markets slate stone wealth, also a cnbc >> the key thing is to keep track of this virus track here welcome in, the american contributor. let's start with the base case we have a situation in which an chamber of congress in shang for you.

markets and traders, how do they conducted a survey of 100 need to approach the 2020 extended cycle where data comes out relatively well and being chinese companies and found despite many resuming election cycle what should the default be if impacted by this virus we need to watch closely operations, most are facing one can be predicted you have some good signs here. challenges with 80% saying they >> it is so easy why are we even talking about you pointed to confusion and do not have enough staff torun it just kidding confirmed cases, we do see a a full line. for me, the most important thing joining me now, the president of trend down american chamber of commerce in i look at is the economy what is important is to watch what happened in china as well in every election that has been shanghai let's talk about the biggest as outside of china where we are risk, you say it is the people, run since the 1930s, the economy seeing a continued growth. the bodies we'll draft that very carefully. why is that? we know the chinese are in is doing well, which means it will be really hard to unseat >> we look at the impacts, it lockdown staying home. we can't get people into the him. mike bloomberg is running a seems stocks in the u.s. are country either nor do they want shaking this whole thing off to go in either. highly unprecedented campaign you are seeing it in the oil >> that's right. with the amount of money he's market and in treasuries it is very difficult to get pouring in to his campaign government bonds like in europe. people into the country. these are two skilled marketers what does this now mean. it is very difficult to move running against each other fon people around. when which do we believe on the there are quarantines and consumers. >> kenny, you are a guy that's virus and the overall effects? been on wall street for years. restrictions itself. different factories are facing >> they are actually very you are still there now. from your mind and opinion, do other problems consistent in our view, the u.s. economy some are sourcing to their you think there is at least,

without risk is in an extended employees. others tend to use migrants. maybe, a front-runner candidate they'll have a harder time asset markets. getting people from the country for democrats and would they we know the fed is easy, side into the cities largely a farewell given what is happening policymakers are easy. giving views on the economy. >> if you look at the polls, with steady growth, that is they'll tell you the front supported. global investors are coming to runner is bernie sanders the u.s. for that. interest rates are kept low by in my mind, i think that's a this risk or policy. question of automated factories losing proposition for the we know given all of these democratic party risks, central banks are easy to it is the candidate that they and labor and getting lines on be tight put forward. that is keeping rates low. i will say, the more moderate >> is the u.s.'s status, i've heard it a lot candidate, mayor bloomberg, as safe haven, even calling the difficult as it was for him with stock market a safe haven. line his first debate and all the >> these business interests from negative press he's getting, i is the u.s. market justified as china, do you get a sense of think out of all of them, these member companies and ce being a safe haven even if it is bloomberg is probably the o's that they have a better strongest because he's center, things like equities more moderate, more handle or are we better >> i think it is justified appreciating how bad this could well-thought, not as bomb bass get in china. growth looks relatively good ter as sanders or warren >> it is early to say, we get a i was surprised with buttigieg

sense that government is all relative to other growth and klobuchar. markets. hands on deck doing the right if you want to get growth, the they went after each other like u.s. is a good place to go cats and dogs. the other place we should watch things they've pushed a lot of is the dollar. the dollar started to rally responsibility down to the local it is getting to get more ugly but one of them has to rise to level. against most developed cities and districts have the top. if i were supporting on the democratic side, i think currencies and many are authorities to impose approaching their highs. bloomberg will be the one in a if the dollar stabilizes a, tha quarantines. it makes it very confusing for ultimately rises to the top. >> stephanie, you do this for a businesses because the regulations are not consistent living you try to keep your pulse on support this view but wh might across regions be worries is that the dollar it is consistent in the market these things accelerates to the upside. was there anybody that stood outlast night? typically, that is associated there is a lot of effort to get did bernie sanders solidify his with global tightening businesses back running and jump conditions >> that is a market risk we'll start the economy again. front-runner position or anyone look at carefully to see how make any strides >> confusion is a running theme. is. >> taking a step back and this balances out. >> we are seeing that thinking about this by lanes, talking about how business group the progressive lane is bernie acceleration right now is forecasting sanders and elizabeth warren thank you for those thoughts we appreciate it trying to predict the time line combined, they do not crack 50% no warm welcome to newcomer of things getting up running in any one poll. to the stage for michael >> we have the experience of everyone else is basically a bloomberg as hits came early and sars

we know this is not an moderate when you pool those pool those open-ended thing often. it will end. we are anticipating in summer. tracie potts joins us from it is a question of what does washington, d.c. how we are the performances in april and may look like? together, it is the moderate your mind? those are the two months that >> ask the team working with are the big question mark. bloomberg is looking like the michael bloomberg. they are sort of explaining that also a question of offices, choice i agree, having buttigieg and this is his first time on the white collar versus factories. stage, down playing his performance. white collar and services are klobuchar fighting for table you are right, those hits started coming almost from the mostly up to speed now very beginning back in offices, back to work. scratches. it doesn't predict anything but >> billionaire michael bloomberg a race to the bottom for those a lot of businesses are still in live in las vegas tonight for two in my mind the first time debating the top work from home mode. >> do you care about the that seems to be working well. election, if you are an five democrats >> do you have any advice for it is on the manufacturing side, him as he makes his first investor >> i think you have to the supply chain is where the you have t after super tuesday struggle is happening. appearance >> no. he doesn't need that kind of getting workers in, getting the advice there will be a much more >> bloomberg surging to an medical supplies required to keep the workers safe. clearer path then you have to start worrying all-time high. that's the issue joe biden plunges to second and >> thank you about different sectors. bernie sanders takes a president of american chamber of we all know sanders and warren commerce in shanghai get in there, it will be about be sure to tune in to cnbc double-digit lead. >> that was our preview. financials, technology, energy, let me tell you what happened on health care. that stage last night. all of those will start to

elizabeth warren, less than five special report on the reassess based on the move after minutes into the debate went coronavirus. tonight, 7:00 p.m. eastern super tuesday. if the more moderates come into after him. be sure to tune in she compared what he said about still on deck, neither rain, women to what president trump had said and tried to pin him the picture whether buttigieg or snow, heat, nor gloom of night down whether he would release klobuchar, then you'll see those will keep us from revealing the back off because they are not women who sued his company from name of this mystery stock can we give you anymore hints? nearly as outspoken. nondisclosure agreements to tell they are not trying to destroy their stories. >> announcer: today's big he said, no. the health care system like they willingly signed those number sanders is a jaw-dropping 223%. agreements they went after him on the money that whole discussion is min he's spending and whether he'll that's how much shares of virgin release his tax return bogling. he said they are working on galactica are up in this year, i think it is too early. them 2020 you have to wait until there is they are thousands of pages and he cannot just do turbo tax, he a clearer picture. you have to be concerned of what said they went after him on stop and it looks like. >> mentioning super tuesday, it frisk. he said it was a bad idea. is a big deal, california is up for grabs. it doesn't stop until obama what is the strategy they have to go through to prepare administration sent people in. >> there is over 1,000 delegates his own campaign team is sort of

in play on march 3 explaining away what happened here saying it was his first time theyd 2,300 to take the there were others on that stage, bernie sanders who took some is hits on health care. delegation bloomberg has not tried to get on ballots before then mayor pete buttigieg and amy the goal for every candidate is klobuchar who mixed it up including her forgetting the to be viable you don't want to be picking up name of mexico's president delegates. at the end of super tuesday, >> there was an expectation that there should be one or two front mayor michael bloomberg was runners. going to be the target early and there should be one or two folks with a call to start aligning to often. let's talk about the other get better chances of beating candidates and some of their trump in the general performances was anyone else >> thank you both for breaking there that stood out making a down that debate from last huge stride or fall given what we appreciate it we've seen so far in iowa and let's look at other top stories we are following new hampshire? >> what we are hearing this frank has those. returning to news for mgm morning are three names, really coming out of this debate. resorts that says it was the subject of a data breach elizabeth warren who had been slipping did what she needed to unauthorized access to a cloud do to probably ge opposite server that contained limited

information for guests a report of 10 million people including government officials posted on a hacking form boeing ceo speaking out around safety concerns of the 737. facing new problems facing debris found in the fuel of some of those jets. facing his confidence in getting the 737 max fixed. ♪ yes i'm stuck in the middle with you, ♪ >> very high no one likes to feel stuck, boxed in, or held back. this airplane is going to be especially by something like your cloud. it's a problem. but the ibm cloud is different. incredibly safe. it's the most open and secure public cloud for business. pilots as the airlines feel will it can manage all your apps and data from anywhere. love it. the public will regain so it can help take on anything, from rebooking flights, on the fly confidence as well to restocking shelves on demand. >> foxconn warning that the without getting in your way. coronavirus will lead to ♪ ♪ full-year revenue figures.

it will cautiously resume because of the outbreak. coming up, crude prices welcome back gaining momentum let's get a check on stocks on the move rbc capital helena kroft is zillow reporting a fourth quarter loss the surge as more people used standing by with what they are its website to buy and sell telling her. that's after this. homes. reporting revenue from home when did we introduce siracha? flipping service from last year not soon enough. up 17% on trade. these are our sales... by product, by region... ...set against evolving demographics. boston beer down sharply you can actually see taste- trends. parent company of sam adams, dog since when can we do that? since we started working with bdends. head and angry orchard missed (announcer) people who know, know bdo. forecast the demand for the truly hard seltzer demand finally, shares of stamps.com soaring 33%.

the online postage company surging. a year ago, their value cut in half the company expects to return to sales growth what a move, 30% higher. i am totally blind. and non-24 can throw my days and nights out of sync, coming up, the gloves coming off in las vegas last night as keeping me from the things i love to do. talk to your doctor, democratic presidential hopefuls and call 844-214-2424. squaring off and went after the newcomer mike bloomberg on stage. we'll tell what you investors could be taking awayrom fthat fight when we come back after this at today's best western,

stay two nights and get a free night welcome back oil prices are edging higher for your next stay. one night, two nights, free night. today. disruptions in places like libya book now at bestwestern.com. and venezuela. facing a drop of prices in hubei province as secretary-general, saudi energy minister and others in a meeting this week iea and opec as well let's bring in a lot of letters

and helena croft, also cnbc free night. contributor in rhiad right now can we go get some ice cream? alright, we gotta stop here first. ♪ ♪ from smarter atms, to after hours video tellers will this have an impact on ♪ ♪ comcast business is connecting thousands of banks to technology global prices? it sure seems like it will that turns everyday transactions into extraordinary experiences. >> that is leading to hi there. how are you? discussions of really what opec do you have any lollipops in there? (laughing) no, sorry. we're helping all kinds of businesses should do. they had pushed for an early go beyond customer expectations. opec meeting to look at this and how can we help you? potentially do a deeper cut. we'll have a meeting on schedule for march 5. a proposal to cut thousands of barrels. that is being debated. the interesting question now is will concerns about supply come front and center

libya has seen a million barrels of production off line for almost a month we had a situation this week where the main port was shelled. the cease talk was shut down that makes it challenging in terms of what do you do ahead of the market >> you messenger the likelihood i am totally blind. of a lasting cease fire getting and non-24 can make me show up too early... or too late. or make me feel like i'm not really "there." smaller and smaller. talk to your doctor, in iran, parliamentary elections and call 844-234-2424. there. take us through how this will now you can, with shipsticks.com! play out not too long ago, we were no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead talking about the general's with shipsticks.com makes it fast & easy to get to your golf destination. assassination. >> right with just a few clicks or a phone call, it could have really important we'll pick up and deliver your clubs on-time, guaranteed, for as low as $39.99. implications for the u.s./iran

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more mercy. does this mean the path of least (vo) save over 40 hours a month with intuit quickbooks. resistance is to the down side the easy way to a happier business. opec countries do they have their work cut out for them to try to manage that supply? >> it was almost looking like the beginning of the year was set up for oil prices to be h h higher the virus story really overwhelmed concern of supply production it is important to seize control. that may take pressure off opec to cut more barrels. watch the story in venezuela as well a trading company subject to u.s. sanctions providing a key financial pipeline there, lending them $6.5 billion since 2014. if we see those impact further

the market rally taking a on venezuela oil export, that breather this morning after the could be another factor they s&p and nasdaq both hit record have to weigh in this decision you have some saying, look, we highs. fight night in las vegas as think the virus impact will wane the 2020 democrats bash former the end of the second quarter. mayor michael bloomberg in his they are saying, maybe we don't did he beat debut. need to be as constructive from something to nothing. on the other side of it, you the scare of a number of have officials saying again, fidelity customers and what they they are committed to this got when their accounts showed issue. it will be a very, very zero for their balances. challenging meeting for them the second half of "worldwide weighing all of these factors exchange" starts right now and making this critical decision >> a lot of global hot spots great to get your thoughts coming on deck for the show, >> welcome back. i'm dominic chu. casinos in macao back in you can see hear the s&p, dow business after a nearly two-week shut down. and nasdaq would open with you can always watch or listen slight declines after hitting to us live or on the go on the record highs for the s&p 500 and cnbc app back after this.

nasdaq yesterday gold stars for those to china now where the continued spread of the coronavirus is creating an interesting market phenomenon as the epidemic leaves tens of millions confined to their homes. smartphone chinado downloaded a record number of games giving a boost to the on-line gaming which of your devices are protected by daily security updates? daily security updates... industry daily? i don't know. the only thing... 222 million downloads were made i'm struggling with this. in china some providers you have to manually download updates up 40% compared to the same time to each device. last year. comcast business securityedge updates every 10 minutes making you some money this morning, that surge in gaming to help keep your connected devices protected against new ransomware, malware and phishing threats. downloads boosted one stock for every 10 minutes feels pretty good. sure this is shares o get secure, reliable internet and voice for an amazing price. call today. comcast business. beyond fast.

fidelity customers were given a scare when they saw their account drop to zero others not actually able to see their accounts others experiencing intermittent technical issues which have since been resolved. casinos in macao reopen. they were shut for a mandatory 15 days. those willing to enter the casinos were met with new regulations including having to wear masks and go through health

screenings as well >> goldman's throwing their only warning into the mix quote, we believe the greater risk is that the impact of the coronavirus on earnings may be there. while a sustained bear market does not look likely, a near-term correction is looking much more probable joining me now, richard kelly. those are some interesting words. are the markets underappreciating how bad coronavirus could be >> i think they are. i think there is a bit of auto pilot going on especially with equities i think once you start to get the bad data that's where markets are really looking at and seeing how bad

this really is >> the human toll aside, the economic numbers in the u.s. are growing and not that bad when will we see this bad economic or earnings data. >> i think this is the issue we'll just get the first surveys that we have the early part of the virus getting into them. you'll really weigh into the end of next month and see some of the trade at the start of next month. that's when we can start to put these together you get a lot of evidence and firms talking about when they think their factories will be open and what their capacity will be by the end of february and march. we'll have a lot of factories

running by capacity. the idea of a v is gone. it l be more like a u-shaped recovery it is a kwef how much is still there. >> let's assume your forecast is correct. what do your clients do to position yourselves given all the particular variables you laid out >> right now, being long on the dollar, there is risk. especially, you look at euro falling out of the bed the portfolio side is hurting euro the funding side is hurting euro the data as it feeds through coming out of asia and europe will be hurting. >> this will be a bit more dollar strength. that feeds through where, again, you look at 10-year treasuries and the limited amount of spill

over it is some what modest will be difficult to talk about higher yields at this point. you are waiting for an opportunity to belong. until we get some data through to pinpoint. you can look at the moves overnight where those florm al trading positions are going through. they are just not operating the way they once did. >> given the way everything is laid out, is there a bigger chance with the market specifically with regard to those record hayek witties >> once you get that data, there does look like there needs to be a pull back of assessment. the auto pilot we've been on isn't sustainable.

you still have central bank support. it is still difficult to break out of that trend. >> thank you for those thoughts. that does it for "worldwide exchange" this morning we are seeing slight declines in futures market we'll see how that carries over. the dow down by 14 points. "squawk box" begins right now. good morning fire works in sin city unfortunately for many, what happens in las vegas does not stay in las vegas and it is out. these candidates turned up the heat on mayor mike bloomberg i actually feel bad. during his first debate. it is tough. highlights straight ahead. stocks here all-time highs taking steps to shore up its economy. we have private deal

this morning with a valuation right down to $6 billion it is thursday, february 20, 2020 "squawk box" begins right now. let's take a look the u.s. equities this morning. there are some red arrows. the nasdaq and s&p both setting new records again. the dow is indicated down 47 points after gaining 115 points. s&p indicated down about