Bloomberg surveillance. This is what the markets are looking at. The focus is firmly on the vaccine trial data out of moderna yesterday. The focus is of course on the fact that we could have a vaccine quicker than expected simply because it is the second trial data that is better than what analysts and watchers were thinking. This global stock rally powered by hopes that the vaccines will bolster Economic Growth was paused, partly because investors are weighing the spread of the virus. I think investors are also looking at valuations. And also, there is a bit of profit taking getting underway. Inla jumped more than 10 after hours trading after the announcement that it will join the s p 500 index on december 12. In other asset classes, treasuries drifting with the dollar. Lets get straight to the bloomberg first word news. Heres leighann gerrans. Good morning. The Trump Campaign is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning deman
Worsen, suspending imports of australian coal. Disney jumping a late trade on a management shakeup and a focus on streaming through a newmedia unit. We hear from the ceo. Check of howget a the markets are trading. We are seeing u. S. Futures coming online pretty much flat. We saw u. S. Stocks climbing to an almost sixweek high we had a rally. The s p 500 gaining ground. We also had financials pretty strong, gaining more than 1 ahead of earnings season. Jp morgan and citigroup reporting tomorrow. It was really about this years trade that really led the rally. The nasdaq composite gaining more than 2. 5 . Amazon soaring ahead of its prime day. Apple also jumping. The product unveiling but its price target was raised by rbc Capital Markets. Take a look at what oil is doing, reversing some of those losses it saw during the u. S. Session when it fell below 40 a barrel. Gulf operations restarting after hurricane delta. Sourcesention, libya saying we could see output there doubling within 10
Finalizing a blank check operation around the frenzy. Haidi trying to take that winning streak into a seventh straight session. Retrading pretty optimistically. We are seeing gains about. 25 when it comes out the gate. The aussie dollar trading on the back. We are seeing gains for almost two weeks straight now ahead of the federal election. At kiwi dollar is sitting 37. We are seeing almost no change through the open. Have nikkei futures not doing much at the moment. Is at a oneweek high the u. S. Dollar dollar. 15 on year. E than from those that we saw in session. Operations restarting. Speak, theng, as we morning training trading has been lead due to the storm. We are talking about the Tropical Storm being upgraded to a storm signal eight. Options have been delayed. They will make a further later, but there will be no morning a warning isuch lowered. Dominating across the markets. Lets turn to tom mackenzie. We have been talking about trade tensions when it comes to australia. Haidi
Set the record straight on the administrations handling of covid19 with new documents that show the president s actions taken, and the very latest russiagate bombshell this week more than a dozen government issued phones belonging to members of Robert Muellers Team Including lisa page and andrew w eisman, has been wiped clean, entirely. Obstructing justice is against the law but will they pay a price . Congressman devon nunes investigates with us, also this hour the former super bowl championturned republican congressional candidate Burgess Owens is here on his race in utah and why he believes biden will be remembered as the democrat who lost the black vote et al that and a lot more as we look ahead right here right now on sunday morning futures. Maria but first this morning President Trump has added 20 names to his list of potentially Supreme Court nominees this week including three republican senators. Tom cotton from arkansas josh ho lly from missouri and my next guest the first gue
In a scheme to raise funds to build a wall along the Us Mexico Border. Russian Opposition Leader alexina volley is in a serious but stable condition in hospital speculation grows that hes been poisoned. And a massive one day tally for corona virus infections in india is testing finds 29 percent of new delhi residents have antibodies because at 19. And in sport in turmoil as coach says a team is ready to begin a new era of success and her aiming to win their 1st trophy in almost a decade in the Europa League final against sylvia. Welcome to news out top story the u. S. Secretary of state has requested u. N. Sanctions be reimposed against iran because iran has violated the terms of the 2015 nuclear deal that request would in theory begin a 30 day process that could result in a snap back of sweeping u. N. Sanctions but the validity of the u. S. Case is complicated by the fact that washington withdrew from the Iran Nuclear Deal 2 years ago. Says under the sanctions that iran would stop it