With the conducting of normal activities in the midst of this coronavirus pandemic. Here is how you can express your thoughts. For those in the eastern and central time zones, 202 7488000. If you live in the mountain and pacific time zones, 202 7488001. For you medical professionals in the audience, it is 202 7488002. You can text us at 202 7488003 washington journal. You can post on our twitter fee d. It was the Gallup Organization posting a poll yesterday asking people what they would like to see as far as returning to normal before they themselves return to normal activities. 80 said the one thing they would like to see is a mandatory quarantine for anybody testing positive for covid19 followed by improved medical therapies for treatment of covid19. 73 of those participating said they had to see a significant reduction in the number of new followed by 68 saying the availability of a vaccine to prevent covid19 and 61 saying they needed to see widespread testing to identify and monito
Go, it is the only index that is higher for the year. Lets bring back our investment strategist at allie on global advisors. Something romaine mentioned, the low volume. They, down about 14 versus average. In may and gosell away. How much can we rely on these doesnal trends to work, or that go out the window because we are in unprecedented times . Coincidentally, we are at a point where markets are at a bit of a crossroads here. We are just beginning this reopening process. Very much the coast of the country, where the High Economic stillnancial hubs are, largely closed. There is a lot of uncertainty on what lies on the others of this process. I think the market move does put us at a point where we may be priced to a very positive or at least the baseline stable scenario. You is interesting, and probably noticed this as well, but the dichotomy in the market from a sector by sector perspective is striking. Financials, energy, industrials. These are sectors you would expect to start movi
Lauren simonetti watching markets for us. Edward lawrence with new reporting from washington. Same story for Hillary Vaughn on capitol hill today for us. Lauren, lets begin with you on the markets . Lauren i cant hear but i can tell you what happened in the markets today. A lot of whiplash. The market was fixing positive news with negative news. The big news today was the fed stimulus, right . Also the numbers from the coronavirus seem to be improving. So at the end of the did i we cannot say that the dow is up the best since 1938 but it was higher by 281 points. Check out the s p 500. It squeaks out its best Weekly Performance since 1974. What a week for the stock market. Despite the negative news, one in 10 American Workers has lost their job. We got those jobless claims this morning. Take a look at the airlines, guys, it has been a spectacular week for them. Names like american airlines, united up. Some of them double digits. Up all week. I have do have to tell you as you know the n
The latest. Dani definitely a mixed session. The stoxx 600 down. It is a macro heavy trading day between the u. K. Election, Central Bank Decisions and that the tariff deadline, we have traders on the sideline. Expandedy has really for sterling. Cable down about 0. 1 , but still trading at that 1. 31 handle. This is a conservative government priced in. Upside is really limited. We have seen sterling fall after the poll showed the conservatively it cut by about half and the concern is the Hung Parliament that would throw into concern the outcome of brexit. Some strategists have said that sterling may fall as low as 1. 22 if we do get a Hung Parliament. Brent down about 0. 5 tonight. We are seeing brent trade just under 64 a barrel. The aramco ipo hitting the 10 limit with shares surging so far today. Looking at some of the individual movers we have seen in the market. Jd sports is one of the biggest lacquers in the stoxx 600 laggers in the stoxx 600. Its biggest shareholder sold 2. 4 of
Its stronger half of the trading. The korean won jumping most in five weeks and all of this ahead of the tariff deadline as well. A little bit of a risk on sentiment coming through in asian equities and assets today. Absolutely. And youre seeing it with futures trading in singapore. Having a look at what is going on there we are seeing an uplift. We could add to the near half percent gain we saw in the nifty session. Nfte. The dollar is falling against its Indian Counterpart the rupee , half a percent down in the last three trading days. The bloomberg dollar index erasing the gains we have had this year. 10 year yields a spike up as well. It is a time when we are seeing not just a lack of any Interest Rate cuts a perhaps a pause in Monetary Policy is the general feeling. Quite a few rate cuts priced in as the market is adjusting itself to factor in one or two next year. There are looking also at shadow banking and how some liquidity in the market is helping to unfreeze this troubled pa