London. The markets are actually on the up today in hopes that we will get some kind of stimulus in the u. S. Lets bring you exactly what we are looking at. European stocks are opening higher. Again, there seems to be progress in washington toward a fresh stimulus package. The dollar falling on thursday after ending the fourth quarter. The Tokyo Stock Exchange halted trading after its worst breakdown. Coming up later, the world pose halts. Etf trader we will speak to ishares stephen cohen. The first, lets get to bloomberg first word news with laura. Laura continued because of Economic Uncertainty due to the pandemic, disappoint lenders such as jp morgan, which had already indicated it wanted to resume buybacks. The potentialed Coronavirus Vaccine from Oxford University and astrazeneca. The socalled rolling review allows them to see a trial basis of what is ongoing. Rises to the investigation that led to a halt in the trial. The format of the president ial debate is changing after the f
Tomorrow. We will have our fed coverage as usual. Then onto an exceptionally busy end of the week. Theres no question about it, you wonder where this stimulus debate will be in washington by the end of the week and into the sunday talk shows. Jonathan 98 days until the election, you would think washington, d. C. Would get it together. Just as the economy starts to roll over, as that recovery starts to plateau, the collective will to do a whole lot more fades. That is the story, and it is always the story you when you exit the immediate crisis, the collective will fades. Tom Lawrence Kudlow still talking about a vshaped recovery. I am looking at the 3m and 16 , 20 s, unemployment. Where is the recovery . Jonathan as of q3, theres your v. After that you rollover. That is what everyone is expecting, even with the reopening. Everyone expected that mechanical lift as you go from shut down to reopen pretty much every economist expected it to fade as we got deeper into the summer. The big con
Have come on the show saying this was started by the you Recovery Fund, but also inflation is better than expected in europe today, and that growth figure not as bad as it could have been. It is clear that the markets are moving, but i think in general they are buoyed by the Massive Technology earnings that are seeng a lift overall, as we parts of the economy in terms of technology, deliveries, things like that, that are outstanding at the moment. Tom Stephen Engle with us moments ago, and he will join us in the hour, our lead hong kong reporter. This is carrie lam in hong kong, at a not unusual press conference. Stephen engle reports that we could get some announcements out of this rather extraordinary, particularly on the election as well. Are ratherhis that extraordinary, particularly on the election as well. We will get to the data check in a moment with bonds and Foreign Exchange on the move. With first word news, here is ritika gupta. Senate republicans want to go on record sayin
Latest salacious details on the case against britains sun newspaper. Early today starts right now glad youre with us this morning. Im Frances Rivera and im phillip mena. A lot of questions about safely moving forward as the coronavirus spreads rapidly across the country at least five states have reached single day records of new cases. The Top Health Official in tulsa say President Trumps rally likely contributed to a spike in cases in oklahoma a few days before the event. The city recorded 89 cases in one day. Between monday and tuesday, tulsa reported nearly 500 cases. The ivy league canceled all sports for the fall semester due to coronavirus concerns. A decision whether fall sports could be played in the spring will be made at another date Stanford University is cutting a third of their varsity sports and ohio state suspended teamworkouts after their last round of covid testing renewed concern about dire shortages of protective gear doctors in houston are already reusing n95 masks
The dawning realization of what we are seeing across all of latin america, but, yes, it was a testimony of dr. Fauci. I would point out that an hour and a half before dr. Fauci spoke, there was very difficult inflation data, disinflation the, deflation data in United States of america, and that seemed to shift the mood. Francine and also it is , a pretty bigood plunge, and a lot of people say this is only a taste of things to come. Thats get to first word news in new york city with richie but the lets get to first word news in new york city with ritika gupta. Tolda the head of the cdc the committee that the u. S. Is not out of the woods yet on from. Anthony fauci warned that communities that ignore guidelines for reopening are in danger of new outbreaks. He said he has a confrontational relationship with president trump. We are waiting to see if Jerome Powell gives anything away about what he will do next. Time, he. M. New york may announce doing something about mass unemployment. He d