Profit increase as iron ore holds up amid the pandemic. Relations go even further. China says attacks on tiktok were bullying and rejection of fair competition. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening flat after the s p 500 and other major indices ended the session mixed. We had a rally in Technology Companies with the nasdaq gaining 1 . Selling off sos the s p 500 was dragged a little lower. Still closing at the highest level since february. The third time in the past week that the index topped above its february closing record during the session, but ended below it. Still up more than 50 from its march low. We did get more positive ecodata. A gauge of Builder Sentiment jumping to the highest since 1998. Take a look at oil because that positive sentiment over the economy taking oil for a five month high, all the right now under pressure. Wti now headed towards 42 a barrel. See how things are shaping up, here is Sophie Kamarud
Fall on year and below analyst expectations. They confirmed plans to exit thermal. U. S. China relations sour even further. Jing says the tax lets take a look at how we are shaping up for this asian trading day. U. S. Futures within shouting distance when it comes to the regular session of that february record but then retreating by the close. We are seeing not much happening when it comes to active futures contracts. The nikkei 225 looking weaker going into the open. Chicago futures trading there. The topix in the meantime remains the bestperforming market in august. We will see if it continues those gains today. Ftse futures looking like we will open up higher by. 4 . The data calendar for the day, we get the rba august meeting minutes, looking into the details of their bond buying as well as the renewed assessment of how that new victorian lockdown will barter economy in those Monetary Policy settings. Also watching crude, we are seeing weakness, just holding over 42 a barrel althou
Forward with a scaleddown Economic Relief bill that republicans introduced. National institutes of health orector and Surgeon General on capitol hill for a Senate Health hearing on Vaccine Research and development. They spoke about ongoing Clinical Trials for a Coronavirus Vaccine and the possibility of one being ready by the end of the year. Some of thescussed challenges of distributing a vaccine and the current drop in vaccination rates due to misinformation and public mistrust. Committee on health, education, labor and pensions will come to order. I would like to welcome everyone and go through some administrative matters that we do at the beginning after consulting with the attending physician, the sergeant at arms, cdc, health and Human Services, individuals are seated six feet apart. There is no room for the public to attend and the press is working as a pool bang and the hearing may be watched gaveltogavel online. Both of our witnesses, dr. Collins and sargent general adams are
The food and Drug Administration during the obama presidency. Moss from theliam Johns Hopkins Bloomberg School of Public Health talks about the global effort to develop a vaccine. Good morning, this is washington journal for september 10. In the first hour we will take your comments about bob woodward about the early assessments of coronavirus. The president saying that initially he wanted to play it down. If you want us to let us know your thoughts on this release of the audiotapes from yesterday and the reaction to it. If you support the president and Vice President call into 2027488000. If you support joe biden and kamala harris, 2027488001. If you are undecided or supporting others, 2027488002. You can text us your thoughts at 2027488003. Wj and postcspan on our Facebook Page at facebook. Com cspan. The Washington Post headline from one of the excerpts from the audio releases from yesterday, i always wanted to play it down. This is coming from Bob Woodwards book say book rage. This
With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a