The Washington Post - 27.03.2020

FRIDAy, MARCH 27 , 2020. THE WASHINGTON POST eZ re A

the coronavirus pandemic

tHe MArKets

6 monitor your investments at washingtonpost.com/markets data and graphics by

Gainers and Losers from the S&P 1500 Index

Company Close

1D %

Chg

GranitePointMtgeTrst 6.81 202.

Invesco Mortgage Cap 4.92 66.

Ready Capital Corp 7.90 61.

Redwood Trust Inc6.18 60.

NY Mortgage Trust 1.81 48.

Triumph Group Inc8.39 31.

Acadia Healthcare Co 18.06 31.

Capstead Mortgage 4.93 30.

ARMOUR Residntl REIT 11.51 30.

Donnelley Fin Sol 5.36 30.

Signet JewelersLtd9.52 29.

ApolloCommRlEstFin 9.42 27.

Cedar Realty Trust1.10 26.

ADTRAN Inc 7.78 25.

Penn Virginia Corp 3.64 25.

Shoe Carnival Inc 24.99 24.

GeospaceTechnologies 6.20 24.

PnnyMcMtgeInvstTrst 12.85 24.

Coty Inc 6.68 24.

Michaels Cos Inc/The 2.78 21.

Company Close

1D %

Chg

Whiting Petroleum 0.95 -18.

CNX Resources Corp 5.05 -14.

Plantronics Inc 10.22 -13.

Perficient Inc 27.43 -10.

AMN Hlth Services 53.73 -10.

FTI Consulting Inc 105.05 -10.

Macerich Co/The 6.90 -10.

Helix En Sol Grp 1.91 -10.

Tailored Brands Inc 1.44 -10.

SouthwesternEnergyCo 1.67 -10.

Macy's Inc 5.94 -10.

EQT Corp 6.96 -10.

Bonanza Creek Energy 11.78 -10.

Noble Corp plc 0.29 -9.

Bed Bath & Beyond 4.89 -9.

El Pollo Loco Inc 8.85 -9.

Gulfport Energy Corp 0.58 -9.

WA Prime Group 1.10 -9.

Denbury Resources 0.25 -9.

Penn National Gaming 13.26 -8.

LIBOR 3-Month

1.27%

New Car Loan Natl

4.

Close

7,797.

DOW JONES

MA MJJASONDJFM

2,

2,

3,

'

6-month bill

Yield:

-0.03%

Japan ¥

109.

Markets YTD % Chg

Americas Close

Daily

% Chg

-32.9% +32.9%

BRAZIL IBOVESPA INDEX 77709.70 3.

S&P/TSX COMPOSITE INDEX 13371.17 1.

S&P/BMV IPC 35706.57 0.

5-yr note

Yield:

0.52%

$1000 invested over 1 Year

30-Yr Fixed mtge

3.79%

Currency Exchange

'

Close

2,630.

5Yr CD Natl

0.

EU €

0.

Consumer Rates

Note: Bank prime is from 10 major banks. Federal Funds rate is the market

rate, which can vary from the federal target rate. LIBOR is the London

Interbank Offered Rate. Consumer rates are from Bankrate. All figures as of

4:30 p.m. New York time.

Canada $

1.

Mexico $

23.

MA MJJASONDJFM

18,

24,

29,

'

2-yr note

Yield:

0.30%

Britain £

0.

Money Market Natl

0.

MA MJJASONDJFM

6,

8,

9,

'

1D % Change

6.4%

1D % Change

5.6%

1Yr CD Natl

0.

Bank Prime

3.25%

Data and graphics by:

6Mo CD Natl

0.

1D % Change

6.2%

YTD % Change

-18.7%

S&P 500 Industry Group Snapshot

Industry Group

Daily %

Chg

-39.5% Chg % 1Yr +39.5%

Diversified Consumer Svcs 15.

Real Estate Mgmt & Dev 13.

Aerospace & Defense 10.

Electric Utilities 9.

Health Care Providers 8.

Metals & Mining 1.

Automobiles 1.

Divers FinancialSvcs 1.

Leisure Equipment & Prod 2.

Airlines 2.

INTERNATIONAL STOCK MARKETS

10-yr note

Yield:

0.84%

Asia Pacific -23.6% +23.6%

S&P/ASX 200 INDEX 5113.29 2.

CSI 300 INDEX 3698.05 -0.

HANG SENG INDEX 23352.34 -0.

NIKKEI 225 18664.60 -4.

COMMODITIES

15-Yr Fixed mtge

3.29%

Federal Funds

0.25%

YTD % Change

-13.1%

Close

22,552.

RATES

YTD % Change

-21.0%

Bloomberg

Exchange-Traded
(Ticker) 1D % Chg
$378 $

Coffee (COFF.L) 0.
Copper (COPA.L) -1.
Corn (CORN.L) -1.
Cotton (COTN.L) -0.
Crude Oil (CRUD.L) -3.
Gasoline (UGAS.L) 11.
Gold (BULL.L) 1.
Natural Gas (NGAS.L) -1.
Silver (SLVR.L) 0.

STANDARD & POOR'S

Futures Close 1D % Chg
Copper 2.18 -1.
Crude Oil 22.60 -7.
Gold 1660.30 1.
Natural Gas 1.64 -1.
Orange Juice 1.22 0.

Futures Close 1D % Chg

Silver 14.68 -1.

Sugar 11.33 -0.

Soybean 8.80 -0.

Wheat 5.69 -1.

Corn 3.49 0.

Europe -24.6% +24.6%

STXE 600 (EUR) Pr 321.38 2.

CAC 40 INDEX 4543.58 2.

DAX INDEX 10000.96 1.

FTSE 100 INDEX 5815.73 2.

1-Yr ARM

3.31%

Home Equity Loan Natl

6.

Dow Jones 30 Industrials

Company Close 1D %Chg Chg %YTD

3M Co 136.18 3.5 -23.
AmerExpCo 93.29 3.5 -26.
Apple Inc 258.44 5.3 -13.
Boeing 180.55 13.7 -44.
Caterpillr 110.50 5.6 -25.
Chevron 76.38 10.3 -37.
Cisco Sys 40.58 7.7 -15.
Coca-Cola 44.29 6.4 -20.
Dow Inc 29.68 -2.3 -45.
ExxonMobil 38.82 4.1 -44.
Gldman Schs 165.79 6.9 -28.
Home Depot 195.21 7.4 -11.
IBM 112.89 6.7 -16.
Intel Corp 55.54 8.3 -8.
J&J 126.57 6.0 -13.

Company Close 1D %Chg Chg %YTD

JPMorgan 98.12 7.0 -30.

McDonald's 167.35 2.7 -16.

Merck & Co 73.53 7.8 -19.

Microsoft 156.11 6.3 -2.

NIKE Inc 84.30 6.7 -17.

Pfizer Inc 31.75 6.7 -19.

Prcter& Gmbl 107.38 6.4 -15.

Travelers Cos I 98.67 7.0 -28.

UnitedTech 104.64 8.8 -30.

UntdHlthGr 255.39 8.9 -14.

Verzn Comm 53.54 7.2 -13.

Visa Inc 168.88 4.4 -10.

Walgreens 45.67 10.2 -23.

Walmart 109.82 0.4 -8.

Walt Disney 105.36 4.6 -27.

Brazil R$

5.

$1000 invested over 1 Month

NASDAQ COMPOSITE INDEX

BY JOHN WAGNER,

PAUL KANE

AND MIKE DEBONIS

House leaders sought to expe-
dite the emergency $2 trillion
relief bill aimed at mitigating the
financial havoc caused by the
coronavirus pandemic amid un-
certainty about whether a rene-
gade lawmaker could delay send-
ing the measure to President
Trump.
House Speaker Nancy Pelosi
(D-Calif.) and Minority Leader
Kevin McCarthy (R-Calif.)
agreed to approve the measure
with a voice vote Friday that
would not require all 430 cur-
rent members of the House to
travel to the Capitol, given that
two lawmakers have contracted
the disease and others are self-
quarantining due to exposure to
confirmed carriers.
The leadership also is taking
meticulous steps to change the
protocol for d ebate and voting to
ensure the safety of lawmakers.
But at least one lawmaker is
considering upending the plans
for swift passage. Rep. Thomas
Massie (R-Ky.) said Thursday
that he opposed the bill, ap-
proved unanimously by the Sen-
ate on Wednesday, as it would
add to the national debt. The
libertarian lawmaker also is con-
cerned that voting without a
quorum present — the majority
of the House chamber — would
violate the Constitution. He said
he has yet to decide whether to
press the issue, which could
delay a House vote until late
Saturday or Sunday.
At the White House on Thurs-
day, Trump acknowledged that
one House member could slow
the process.
“You might have one grand-
stander, and for that we’ll have
to come back and take a little
more time and it’ll pass, it’ll just
take a little longer. But let’s see
whether or not we have a grand-
stander,” Trump said.
The planned vote Friday will
culminate nearly two weeks of
often heated debate about how
to structure a sweeping bill that
is attempting to provide hospi-
tals and the health industry the
tools to arrest the escalating
spread of the virus and to shore

up an economy that has gone

into a free fall.

The Labor Department re-

ported Thursday that unemploy-

ment claims topped 3.3 million

just last week in another blow to

the economy.

The sprawling legislation

would send checks to more than

150 million American house-

holds, set up enormous loan

programs for businesses large

and small, pump billions of

dollars into unemployment in-

surance programs, greatly boost

spending on hospitals and much

more. Trump, just before 1 a.m.

Thursday, j oyfully tweeted about

the Senate vote, part of his effort

to get the legislation to his desk

as fast as possible.

Massie traveled from his Ken-

tucky home to Washington on

Wednesday in anticipation of

the final vote.

“ What the American people

should ask is not, why is one guy

asking for everybody to follow

the Constitution, but why can’t

these other people who are get-

ting paid $174,000 make the

same trip that the truckers are

making that are bringing the

food to the grocery stores?” he

asked.

Pelosi said she was ready to

defeat such an effort.

“I feel certain that we will

have a strong bipartisan vote,”

she said at a news conference

Thursday morning.

She did n ot address t he specif-

ic issue raised by Massie but said

she is prepared to deal with any

member who objects to moving

forward with a voice vote — a s he

and some others have suggested

they might.

At a subsequent news confer-

ence, McCarthy said he thinks a

voice vote on the bill will be

sufficient. “I do not think there’s

a need for a nything else,” h e said.

He noted that there will be

time for debate on the House

floor and those members that

come to the House can make

their views known.

M cCarthy described several

precautions that would be taken

during Friday’s debate, includ-

ing wiping microphones after

each speaker and ensuring that

House members do not congre-

gate closely. Members are also

being encouraged to submit ar-

guments via video so that they

do not have to be in the Capitol,

and in a rare step, C-SPAN has

offered to air t hose statements to

create a virtual debate.

Only lawmakers who are over-

seeing the debate and those

directly scheduled to speak will

be permitted into the House

chamber during the debate, ac-

cording to a memo issued by the

House sergeant at arms. Eleva-

tor rides are limited to two

people.

The situation is so fluid that

some lawmakers do not know

whether they should attend Fri-

day’s proceedings.

Rep. Alexandria Ocasio-Cor-

tez (D-N.Y.) has already returned

to Washington, at a moment

when federal health experts

have suggested anyone in the

New York region self-quarantine

for two weeks because the area

has been the e picenter of the U.S.

outbreak.

In a brief interview Thursday,

she said she is asking for guid-

ance about whether she can

participate in the debate or just

submit a video statement.

A rising star among liberal

activists, Ocasio-Cortez has been

considering voting against the

legislation. She carried out her

own internal debate Thursday

through her Twitter account,

both criticizing Republicans for

“holding hostage” hospitals and

workers in exchange for a corpo-

rate bailout — but also praising

nearly $1 trillion in funds.

A Thursday afternoon confer-

ence call hosted for House Dem-

ocrats in anticipation of the vote

ended in confusion, according to

four people who participated

and spoke on the condition of

anonymity to describe the pri-

vate call.

All four cited a conflict be-

tween the guidance offered by

Pelosi and House Majority Lead-

er Steny H. Hoyer (D-Md.). Both

said they hoped to clear the

coronavirus rescue bill Friday

morning by voice vote, but they

offered different messages on

whether members should try to

attend.

Hoyer, they said, said that if

Massie or some other lawmaker

forced a recorded vote, that

would push deliberations to Sat-

urday and there would be no

need for any member to come to

Washington on Friday unless

they wanted to speak on the bill.

But Pelosi, toward the end of

the call, suggested that members

who could travel to Washington

should do so, in hopes of resolv-

ing any possible issue Friday.

Regardless of any Democratic

opposition, Pelosi made clear

that no one on her side of the

aisle would go the extra step and

force a roll-call vote to delay the

passage of legislation that is

certain to pass on a strong

bipartisan vote.

She also began to spell what

she wants to see in the fourth

major piece of legislation deal-

ing with coronavirus, including

more help for New York and

other states hit hard by the

outbreak. Pelosi also wants j ob

safety provisions in the next

legislation to protect those

workers who are still going to

offices, manufacturing sites and

hospitals, potentially endanger-

ing themselves to contracting

the virus.

But McCarthy, reflecting the

reservations of a GOP caucus

that used to preach fiscal disci-

pline, was cool to the idea of

Congress tackling another bill in

a matter of weeks.

“Let’s let this bill work,” he

said, before considering next

steps.

Pelosi indicated that any fu-

ture effort would involve all four

leaders in Congress. She intends

to hunker down in Washington

to work on the next steps, rather

than heading back to her home

in San Francisco, even though

the House is not expected to be

in session for weeks to come.

“I’ll be working most of it

from here,” she told reporters.

[email protected]

[email protected]

[email protected]

House leaders seek to expedite emergency aid package

cHIP sOmOdeVIllA/Agence FrAnce-Presse/getty ImAges

House Speaker Nancy Pelosi (D-Calif.) said she anticipated a strong, bipartisan vote for the relief bill. She and Minority Leader Kevin

McCarthy (R-Calif.) agreed to approve the bill with a voice vote Friday so as to not require all 430 House members to travel to the Capitol.

One GOP lawmaker

could delay measure by

pushing for roll-call vote