Strong. The risk off fee here is tangible. The sap inp germany. What if you bought shares friday . Francine we understand that it could probably infect or touch the european stocks. We have the october german business confidence, 92. 7. Lets get to the bloomberg first word news in new york city with ritika gupta. Ritika House Speaker nancy pelosi says the chamber could pass the pandemic relief package this week. Still, a deal with the white house remains elusive, and the republican led senate may not act before the election. Both sides accuse each other of moving the goalpost on the legislation. President trumps chief of staff theymeadows is says will not control the pandemic, that the government response will be on vaccines and treatment, not containment. As president mike pences chief of staff and two other staff mirrors have tested positive. Staff members have tested positive. Amy Coney Barretts nomination to the two republicans are being accused of using political power before elec
President trump who has been flooding facebook and twitter with unfounded messages that the election was stolen. The new administration expected not to play so nice with big tech. Expect more public engagement, public oversight, and regulation. Those stories in a moment. First, u. S. Stocks paring gains. Markets widely mixed at the end of the day on a bit of an ugly close despite intraday record highs. For more on the markets, lets hasto Abigail Doolittle who been watching the ups and downs. Abigail, what are we seeing here . Abigail if you had a dollar for every time i said this, you would have a nice pile of money. It was another wild day. Stocks surging out of the open. The dow up nearly 6 . Russell 2000 hitting its first record high, more than 6 . At the close, we had stocks pullback to some degree. The dow closing up. Where we had losses, the nasdaq 100 down 2. 2 . The faang complex, those make a cap stocks, down 3. 2 . The reopening trade clearly doing very well with pfizer which
President macron criticizing erdogan for his insertion a regional power. Jinping, president xi opened a meeting to map out the countries next fiveyear plan. It could push the economy passed the United States within a decade. The latest roadmap will center around technological innovation, economic selfreliance, and a cleaner environment. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 in london, and 1 00 p. M. A. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. The s p 500 heading for its biggest decline in seven weeks. Thanks to surging virus cases, the stimulus logjam, and general malaise. Virus cases rising in the midwest and the potential for fresh lockdowns already happening in europe is driving investors to sell.
And patients have changed their behaviors, as a consequence in concerns of drug availability and shortages, what are stakeholders doing to ensure the disruptions do not occur in collaboration between the public and the private sectors, what plans are being put in place for the distribution of this corona vaccine once it becomes available, we will discuss all of this and much more with the smartest minds in health policy, before we get underway he is entered a few housekeeping notes at the hill event and the comes special letters, the hill rx supply chain. Sibelius resources which provides strategic advice to companies, investors and nonprofits and is my go to person when it comes to issues of knowing what a smart Healthcare System looks like. So, great to see you. Let me ask you, to get to the point, you oversaw many of the institutions that we are now looking at today to help save this country whether its pushing the time curb, developing a vaccine, whether its on how you approve the
This is just over one hour. Hello and welcome i am editor at the hill, thank you for joining us for covid19 and a responsible rx supply chain, or Virtual Event looking at the resiliency of the Prescription Drug supply chain during a Global Pandemic. Id like to thank our sponsors the Healthcare Distribution Alliance for their support of todays program, the coronavirus pandemic has upended our lives and forced a new normal upon us, what accommodations can be made for lifestyle choices but little flexible lead to health care, patients with chronic disease and those most at risk from the coronavirus access to regular medication is in the choice and matter of life and death in a pandemic the Healthcare System and patients have changed their behaviors, as a consequence in concerns of drug availability and shortages, what are stakeholders doing to ensure the disruptions do not occur in collaboration between the public and the private sectors, what plans are being put in place for the distribu