Well also hear from thom tillis, rick gates and arkansas senator tom cotton. Markets this morning look like this. Futures indicating this morning a decline at the start of trading. The dow industrials down right now 276 points, the nasdaq down almost 201, as you see, and the s p lower by 38. Markets finished near session lows wednesday on fading stimulus hopes of. Earnings season meanwhile rolling on. This morning we hear from walgreens, Morgan Stanley and Charles Schwab among others. All the numbers as soon as they hit the tape this morning. The nfl is back in business, you can watch the biggest games on fox, fox nfl lead analyst and three time hall of Famer Troy Aikman is here previewing whats next for the super bowl and beyond. Mornings with maria is live right now. European markets this morning look like this. Weve got a negative showing there as well. The fq100 down 133, the cac down 107 and dax index lower by 363. This as we learned covid cases in europe have surpassed those in t
World is a good investment lets get straight to julia who has all of the details on this news. The big question of what content social media giants should allow users to share is in the spotlight as facebook and twitter limited the distribution of a New York Post story that claims to show smoking guns and video related to President Biden and his son. A story the Biden Campaign refute saying it wasnt asked about key items in the article twitter blocked the story on wednesday saying it violated its policy of distributing material with hacked material with personal and private information. This comes after President Trump filed an order that the scope does not permit companies to editorialize activity. Today it was said that he intends to move forward with a rule making. Now following this announcement, two democrat fcc commissioners have come out in opposition they say he should not do the president s bidding. This seems different in that twitter and facebook have sensored the distributi
Winds that could reach 40 mph. It is headed for the Tourist Centers of cancun and kosovo. It could cause as much as 10 million in damage. It is to hit somewhere between louisiana and florida. Spacex has launched a rocket carrying 60 internet satellites. They will join hundreds of others in orbit around the earth. Recent launches have been plagued by a variety of problems. Spacexs billionaire ceo, elon musk, said he checked launchpads before todays mission. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york. 1 00 a. M. In hong kong. Welcome to bloomberg markets. President trump is back in the , painting a sign of strength and vigor. Any vaccineance for approval means it will likely come after the november election. We have all the latest. We will also talk with the herbal life chairman and ceo. Ins, how much is that doggy the wi
Dow industrials up 12 points, s p higher by 4 and a quarter. We are standing by for earnings for verizon and abbott labs. Tuesday session finished in the green. Dow industrials up 113 points at the close yesterday, nasdaq up 37 and s p higher by 16. Council economic adviser chairman is here along with white house chief of staff mark meadows this morning to talk about the latest on stimulus and a lot more, dont miss it. Numbers keep ongoing on the downside to the airlines. When will we see International Travel once again. Schools reeling from the pandemic, a group to end the School Shutdown and romantic dinner making a buzz this morning. Mornings with maria is live right now. Maria european markets look like this. The dax index in germany lower by 79. In asia markets are mostly higher. Top stories that we are watching this morning. Laptop reportedly belonging to hunter biden now in the hands of the fbi according to fox news. The agency also confirming what director of National Intellige
Lets bring in our guests today, arguing that stocks might not be so close to new highs for very long mike wilson, Morgan Stanley, back with us good to see you. Glad to be back. 10 correction is the most likely outcome why is that . Its a continuation from the call we made in september where we got a 10 correction. We walrallied back all this comes back to our framework. We look at the valuation its pretty full volatility has picked up because of the events they know are out there, whether its the virus, the second wave, or the election the premium we believe is a bit understated from where it should be thats all were saying. Its full here these risks are not going away for the next 30 days theyll be with us so, look, the range we put out in august, 3,100 to 3,550 holds. Were still bullish on the vshaped recovery, the call we made a while ago we think its a new bull market. But its risk reward and the risk reward for the upper end of the rage is not that good. If the facts change, could