Thanks to pfizer well have a vaccine by the end of First Quarter that news sent the market soaring. The dow is only surging 830 points that tech heavy nasdaq, the demand of so many stocks that did well under covid19 tyranny lost in an astounding 1. 53 . What a bifurcation it is also the time. We are in the middle of a spike of infections. New cases are exploding over the country, over 100,000 a day and even the weekend we are much treating it in the spring that only matters if we have enough hospital beds a lot of people are having cavalier attitude. Hey, you are fine unless you are old. Well, guess what, a lot of us are old. The sense is understood and respected. When you have more than 100,000 new infections everyday, you are looking at a lot of fatalities we need this the truth is we tried to fight the pandemic state by state. That failed. Europeans are failing too, i know, asia is doing great. If we were serious of Contact Tracing and social distancing and wearing masks, we may be
Equity futures lower on the ftse. The s p 500 went down. Bid into the bond market. Into the bond market we go, negative almost 60 basis points on a 10 year. Its like a throwback to our days together five years ago. There is some weight to this. Good morning. Annmarie certainly, it is. Were so excited to have you back. An absolute gladbac bloodbath, nymex dropping below 39 as the resurgence of cases in europe not going to bode well on the demand side. The supplyside worried about libyan oil barrels. Softer. A bit this is the prospect of fresh stimulus. That helped treasury yields rise. Jonathan thank you. Lets get the first word news this morning. We can do that with laura wright. Laura china is laying out a new plan for Economic Growth this week in beijing. President xi jinping is holding a meeting to decide on the next fiveyear plan. Its expected to focus on technological innovation, economic selfreliance, and the environment. But the event is closed to the press. Key decisions wont b
Attention with democrats forced to take their convention to nominate joe biden online. Oil and gas drilling approved in Alaskas Arctic National Wildlife refuge environmental groups vowed to fight the trumpet ministrations move. A conservative south korean pastor who spearheaded antigovernment protests is blamed for a growing cluster of corona virus infections in the sold region. Is being lined up to become the new barcelona manager. Said to be fired after the clubs humiliating Champions League. The belorussian president has told striking workers there wont be new elections until opponents kill him for testers across the country have made it clear they want Alexander Lukashenko out these are the latest pictures from downtown in minsk where thousands of been out in force because shankar has said he may be willing to redistribute power but he wouldnt do it under pressure mohamed has more on the days events. In the capital of bella ruse extraordinary displays of defiance by state. Company
A bessel from its own fleets during an exercise. In saudi arabia slashes budgets increases taxes as it deals with record low oil prices in the coronavirus and. In Sport Premier League clubs are meeting to discuss whether or not the season can be finished a plan aimed at reassuring plays it safe to train again will be central to that source. Coffee with friends a shopping trip or a visit to family all back on the agenda for millions more people as corona virus restrictions are lifted in some of the hardest hit countries france has been locked down for 8 weeks but people there can now return to shops headdresses and take public transport after its lowest number of deaths since march spain is opening outdoor cafes churches and mosques to keep it. Shopping centers and schools in the netherlands india is restarting part of its train system despite a jump in infections that the rail network which is relied on by tens of millions of people every day has been shut down since late march at in C
A united move to throw him out of power. Im a lazio rounds up hundreds of migrants again it says its an effort to contain the pandemic. And its full the president of spains top Football League says june 12th is the target date for action claims the risk of players catching coronavirus during games will be principally 0. Coffee with friends a shopping trip or a visit to family are all back on the agenda for millions more people as corona virus restrictions are lifted in some of the hardest hit countries france has been locked down for 8 weeks but people can now return to shops head dresses and take public transport its lowest number of deaths in 7 weeks much of spain is opening outdoor cafes churches and mosques to keep its Shopping Centers and schools in the netherlands india is restarting part of its train system despite a jump infections there the rail network which is relied upon by tens of millions of people every day has been shut down since late march and in China Shanghai is dis