People across Central America last week, and more than 100 are still missing. 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 Karina Mitchell. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 p. M. In london, and 2 00 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. Stocks are surging, the dow is up almost 5 , bonds tumbling after a largescale Coronavirus Vaccine study delivered the most promising results in the worst pandemic in a century. This as president elect biden warns of a dark winter ahead. We will get more about that large study that shows that vaccine being developed by pfizer showing more than 90 effectiveness. Tina fordham on a biden presidency and what we can expect from this lameduck session. One thing we can expect, we just got a firing. Mark esper terminated. Tr
News cribber john solomon are here, joining me in the you 8 0. Earnings season rolling of on. Big banks on deck this morning. All the numbers as soon as they hit the tape and impact on markets. Broader markets pointing to a gain at the start of trading, dow industrials up 84, nasdaq up 28, the s p 500 up 10 o 10 poin. Yesterday stocks were sluggish over weak Quarterly Earnings and halted covid19 vaccine trials. At the end of the day, the s p 500 was lower by 22. Shiny now apple, the Technology Giant unveiling four new iphone 12s ss for your convenience. Coping tips from outer space, astronauts have isolation advice for the weary public and its making a buzz this morning. Mornings with maria is live right now. European markets in the green, take a look. The fq100 up 14, the cac is up 1 andahalf and the dax index higher by 15, fractional moves this morning in europe but to the upside. A mixed story overnight in asia, as chinese president xi jinping is calling for young People Living in h
Prices decline. The asx down nearly 1 . We dont have trading in india either because it is mahatma publics birthday, a holiday. Futures are trading on the nifty in singapore down zero point 3 . The 10 year yield slipping back as anticipated. A slight move to the downside with regard to the futures contracts. You see the currencies and weakness creeping in into the dollar overnight. We have seen a reversal of that this morning. You have the yen a tad weaker. Sterling had rebounded to 1. 29. Seenis after we have brexitinduced losses. The aussie dollar unchanged. Haslinda lets get the first word headlines. Top white house aide hope hicks has tested positive for covid19. She traveled with President Trump on air force one to tuesdays debate in cleveland. The president says there is no indication he contracted the virus. Tested positive, National Security advisor robert obrien. He has spent as much time with the president as hicks has. Coronavirus infections continue to surge with the new yo
Sep currently up 0. 4 percent, on the back of protests over the weekend. Rishaad 44 minutes to go before we get trading underway in india. Nifty futures coming under pressure, down by 0. 4 . Looking at the crude oil picture, they are sustaining some of the gains we have had. A 10 rise in the last five trading days. It could be on, the march to the 100 level according to some. And a look at what is going on with the yuan, at 6. 76. We see the fiveyear loan prime rate holding study from the previous month. Holding steady from the previous month. Lets have a look at what is going on with the first word news. Lets join karina mitchell. Karina a very good morning to you. New japanese Prime Minister has held his first call as leader with president trump, with the para bowing to strengthen ties. They also agreed to incorporate on a vaccine. He may meet the u. S. Secretary of state soon. Others. Spoke with trump says he will nominate a successor for Supreme Court Justice Ruth Bader ginsburg th
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we