Abandoned any hope of a virus package before the election. He says a deal will come after the vote. Big tech prepares to defend interests as jack dorsey calls section 230 the most important law for free speech and safety. Get you started with a quick check up on how markets are right now. Sophie kamaruddin. Are set toa stocks resume losses this wednesday and you have nasdaq eminis under pressure early in the Asian Session after we sawtek shares rally. We are watching what is going on with the tech space following amd agreeing to buy a company. Results could provide support for that space. Its a busy calendar for earnings. Withec reporting today sony. In australia, the asx 200 coming online with some Downside Pressure set to extend losses for a fifth straight session while the aussie dollar is holding steady, slightly under pressure, while bond yields are easing ahead of inflation data due from australia. We see a pickup. Lets flip the chart for a broader outlook on where the dollaryen
Positive he did it in a tweet by saying flotus and i tested positive for covert 19 we will begin our quarantine and Recovery Process immediately we will get through this together our white house while the Top White House doctor rather is released a memo spot speaking about the president and 1st lady saying they are both well at this time and that they will remain at the white house during their convalescence it goes on to say the president will continue carrying out his duties while recovering weve also heard from the 1st lady herself also tweeted to say she and President Trump are in quarantine at home along a trump says theyre both feeling good and all her upcoming engagements have been postponed she also encouraged everyone to stay safe. Our White House Correspondent Kimberly Halkett joins us now from washington d. C. And kimberly the eyes and ears of the world will be watching out for any update on the state of health of the u. S. President what is the procedure when are we likely
Arrested the Chinese Foreign ministry saying that u. S. Sanctions on hong kong and chinese officials are violating International Law. Now sanctioning u. S. Lawmakers including senators ted cruz and marco rubio. Twitter nation a move for tic took wall street journal reporting for preliminary talks are held between social media giants, where this leaves microsoft, ahead. Turning to the futures, market it is this morning the s p 500 and nasdaq posting their second straight winning week. The dow was the big winner up 3. 8 attack a look at the markets last week. Moving on to the origins of the russia investigation senator Lindsey Graham revealing new documents to Maria Bartiromo that he says show the fbi misled the Senate Intelligence committee. The fallout, ahead. Unrest in america, chaos erupting in chicago looting reported across the city, after a Police Involved shooting. And another riot in portland. The unrest continues. Plus amazon warehouses could be coming to a mall near you. Morni
Good morning to you wherever you are. Im Frank Holland in for Brian Sullivan lets get right to the markets and take a look at the stock futures this morning its been a wild week on wal ve street today it looks like the dow could open down as much as 150 points amid new concerns over covid19 but the nasdaq, its run keeps on going. Leading to another new record high its 26 for the year on pace for the third weekly gain in three weeks. Now to the global markets. Karen tso. Shes in our london newsroom with more on that. Good morning. It has been a weak finish for those asian markets today. Negative news coming out of hong kong with fresh coronavirus cases. 38 new cases local transmission and decided to close schools again from next week that throws cold water on these markets. And the rest of the markets to be very much focused on the bull run for the Chinese Market take a look at this. A lot of investors piling into chinese stocks this week and that has taken them to the highest level in
Florida sees its biggest oneday rise, some of hollywoods biggest names test positive. And chinasotest crackdown in hong kong seem to have spurred a reaction at the ballot box, voters have turned out in the hundreds of thousands. Lets look at how the week is setting up in asia. A pretty positive lead, asian stocks will keep the rally going. About half a percent after the u. S. Stock rally extended that weekly gain on friday. The s p 500 outperforming the nasdaq for the first time in two weeks. That bifurcation will continue. Nikkei futures up 0. 3 . Trading in chicago after a three i Third Straight weekly decline, continued concerns about another wave of virus cases in tokyo and elsewhere in japan. 1 ney futures setting up for 1. 6 higher. New zealand, blue signals when it comes to trading kiwi stocks after that threeday selloff, up 0. 7 . The level of Foreign Investors piling into the kiwi market suggests we will see further outside with that golden cross, crossing the 200 day dma patt