Haidi very good morning. Im haidi stroudwatts in sydney. We are counting down to asias major market open. Shery i am shery ahn. Here is how markets are looking right now. U. S. Futures rising at the open. Stockster we saw u. S. Seeing its worst day in about three weeks. Investors were concerned about the prospects for more government spending. We saw some conflicting reports on whether or not that is coming. The s p 500 lost ground, 1. 6 . All 11 sectors were down, led by energy stocks. It also drags down cyclicals and small caps which managed to stay in positive territory. A bearish reversal from the gains briefly seen around the open. We had record cases in europe, fears of a doubledip recession. Take a look at oil because its also under pressure and headed towards the 40 a barrel level. Oil fell in the regular session as well with warning of an uncertain outlook for oil demand. See how things are shaping up for the asian markets. Here is Sophie Kamaruddin. Sophie this tuesday, you h
Thedual listing could be biggest share sale in history. Softbank makes headlines again. Amassedid to have 20 billion in a stock trading movement despite a skeptical response from shareholders. Lets take a look at how markets are trading at the moment. At this as we are just getting some line through when it comes to the reserve bank of australias assistant governor. They are giving a speech saying it is more complex to assess the policy stance than it has been in the past. Due to the economic and fiscal conditions at play. We will continue to monitor some of those comments and we are also looking ahead to the rba Meeting Minutes as well. We are seeing downside in the first couple of minutes or so, trading in sydney on 5. 1 and then new zealand, that market is back to modest gains as we continue to process the outcome of the victory we saw from the Prime Minister and her resounding reelection effort over the weekend. The nikkei 225 seeing upside when we get into the open of. 25 of where
In a surreal display that alarmed Public Health experts, trump reved his mask before entering the white house potentially infecting the dish anyone inside. We will get the latest. Then we speak to Kristin Urquiza, whose father died from covid 19. My dad was a healthy 55yearold. His only preexisting condition was trusting donald trump. And for that, he paid with his life. Week, Kristin Urquiza attended the president ial debate sitting just feet away from President Trump. She is now in selfquarantine. Plus we will speak to a College Student in vermont who is doing what the white house doesnt want the cdc to do trace the contacts of people who may have infected or been infected by President Trump. All that and more, coming up. Welcome to democracy now , democracynow. Org, the quarantine report. Im amy goodman. President trump returned to the White House Monday after being hospitalized since friday for covid19. He will continue treatment at the white house. On monday night, trump walked ou
Disney has postponed its plans to reopen disneyland in anaheim, california, indefinitely. We will talk about that. It was a volatile day on wall street. Stocks rising nonetheless. I want to bring in kailey leinz, who has been following it with a choppy session, but still ending about 1 higher. What happened . We saw the fluctuations between positive and negative territory until the last hour of trading. We saw the furious rally into the close. Likely people taking advantage, using it as a buying opportunity. One caveat is the volume was about 17 below average for the past 20 days. Obviously, investors trying to take advantage from yesterday, despite the fact we are seeing worsening headlines, in regards to the spread of the coronavirus. Texas and florida having to pause reopening because of researching cases. Research in cases. They took part in the rally, smallcap kind of a proxy for the recovery story. They are more domestically oriented. The nasdaq lagged marginally, but it wasnt te
Curbs. The amount of storage is 300 higher than a year ago. And global virus cases top 7 million in less than a week after topping 6 million. The u. S. And u. K. Show signs of a slowdown. India and brazil are the new hotspots. Taylor lets get a quick check of those u. S. Markets and a reminder of how they ended. Erased all the losses that we have for 2020. The nasdaq 100 continues to post more record highs. You see futures taking that in stride, mostly unchanged after what has been an astounding past few days coming up the big fridays jobs report. The optimism continues here in the monday trading. I do want to see how things are shaping up for some of the asian markets. For that, we have Sophie Kamaruddin here. Are asian markets extending some of the optimism we got in the u. S. . So, even afterestly we got warnings from slowing growth from the world bank. Kiwi stocks adding about one third of 1 at the start. Clawing back year losses as the country with social distancing rules. Austral