Washington ramps up pressure on beijing. Goldman sachs raises billions for a new fund to focus on private equity. The move comes amid rising interest in secondary investing. Haidi lets look at what the day has in store at the sydney open. We are expected a muted start to trading in asia after downward pressure coming from the u. S. Session overnight. Restrictions continue to take place to curb the the Coronavirus Spread we are starting to see accelerate again, even as we get further good news on the vaccine front. Trading marginal. The u. S. Dollar held to the lowest we have seen since april 2018. We are also seeing the aussie dollar on the back foot. Nikkei futures look like they will see a muted start to trading. Shery lets get started with good news on the vaccine front. Pfizer says final Data Analysis shows its covid shot is 95 effective. The ceo of its german partner told bloomberg about plans for mass production. Our goal is to supply up to 50 million doses by 2020 which andd go
Offerings. Sta instacart delivers from sephora and best buy and ewinger eats. So will they be overwhelmed or perfectly positioned i think this is the big question everyone swondering as is wondee ecommerce take a big jump door dash had a face plant weechlt talk abo well talk about that i want to point out our own Melissa Repco on cnbc. Com has a great piece about exactly this brick mortar issue doorbesters not really happening this year. The retailers dont want you busting down the doors they want you staying at home and ordering and theyre putting incentives in that direction all right. Moving on for now. Astrazeneca, the latest pharma giant out with positive vaccine news maybe some of the vaccines will help to get to be door busters. After the citizen kashgs the Third Company to come out with the efficacy results these are a little more mixed when you compare them with the others lets take a look. The reason theyre mixed is because they had two different dosing regimens. One of them
Utility. How we may be soon making our own power. And sugar rush halloween candy flying off the shelf. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome to wherever you may be watching lets get now to why you are probably here. Your money and the markets Technical Levels are barely holding up they are holding up in some cases. Futures are mildly in the red for the dow. The nasdaq futures are down 58 something to watch we will throughout the morning broad based indices. It was the fifth drop in six sessions here is truly your nasty stat of the morning. Nasdaq posting the fourth drop down 10. 55 this month why are we so precise. That makes the nasdaq 100 on base for the worst month since november 2008. The nasdaq 100 now officially doing worse than it did in march when the pandemic and lockdowns first hit. It wasnt just stocks. Also watch the medal gold cratering more than 2 . Gold down about 18. 57 per ounce. It was silver that stunk up the joint
To be in talks with the u. S. Government to avoid a sale. Lets get started with the quick check of the markets. U. S. Futures coming offline. Down given the rally we saw in the regular session. There was really solid buying throughout the session. A big reversal from the selloff we saw yesterday. The s p 500 saw the best day since june. 500 sectors11 s p up led by tech. Higher. T was also the nasdaq gained. And headingalling toward the 37 per barrel level. This is after it saw the biggest jump since june. There has also been expectation that u. S. Crude stockpiles would extend their streak of declines. We are waiting for the brent open but we have seen it back above 40 per barrel. Of the oil ande gas names here in asia. Lets look at how asian markets are setting up for the day given that we had a rebound we saw in the u. S. Most stocks ending off the session highs. Just half ais percent higher. Sidney futures looking much more positive. We are also getting increasing nervousness when i
Happened. The bears breathe a sigh of relief. But is it all over as soon as it started . The cash trade is just an hour away so lets see if this has legs. Here are your top headlines. With thes a big blow nasdaq down almost 5 . The s p severs it steepest drop since june. And suffers its deepest drop since june. Bill ackman tells market jitters the National Bank to challenge santander. So, a lot going on today, as well as german factory orders. They are now out. Ofth over month, the gain 2. 8 not nearly as much as a survey, which was 5 . Over the prior number, which was 27. 9 . Yearoveryear, its a drop of 7. 3 , which is worse than the survey drop of 6. 0 . And a slight improvement from 11. 3 on the prior numbers. So during factory orders german factory orders not shining light on this. Just under an hour away from the start of cash equity trading. Futures are down in europe. And remember, yesterday we were looking at gains on the dax of more than 1 . Then we closed losses of more than