Beijings anger appeared Cotton Australia says chinese mills are being told to halt imports. The last day of campaigning for saturdays election indicating the Prime Minister will be a comfortable winner. Futurese are seeing you coming online at a 10th of 1 higher. Does after we saw u. S. Stocks session. N the regular had surging virus cases in new york. Not to mention the stimulus talks in the u. S. Remains stalled. The s p 500 fell 2 10 of 1 . Financials and real estate higher. The afternoon session solve sawical shares session cyclical gains. Jobless claims unexpectedly rising last week. We also had the dollar gaining ground the most in three weeks. Take a look at what oil is doing. It remains under pressure. It is around the 40 a barrel level. We saw the continued pressure following the jobless claims data. We saw a rebound in prices and a than york session after we had data that fuel inventories were lower and that eased some of the demand concerns. Lets see how asia is shaping up.
158 billion. Following open remarks, lawmakers offer amendments focusing on high speed rail authority, face mask requirements for mass transportation, and Disaster Relief funding. Our third order of Business Today is consideration of the transportation housing and urban Development Appropriation bill for fiscal year 2021. I will now recognize mr. Price to present the bill. Thank you. Thank you, madam chairman. I guess we can assume everyones now ready for the main event. Im proud to present the fiscal 2021 transportation housing and urban Development Related agencies appropriations bills. Before i mention a few of the bills highlights i want to once again thank our Ranking Member and former chairman of this subcommittee for his unfailing good humor and cooperation and collaboration. Hes a pleasure to work with. I also want to thank full Committee Chairwoman nita lowey for her steady leadership, kay granger for her leader and the committee. Finally i want to recognize our accident staff
Matt the coronavirus spreads stateside. New cases across the u. S. Including in new york city. President trump meets with pharma executive today as the global death toll passes 3000. The fed is in play. Policymakers stand ready to cut rates but doubted they can fully offset the virus in fact. Goldman sachs sees a 50 basis point reduction this month. Berlin reports its first case of the coronavirus. Italy seeks a wider deficit to pay for emergency economic measures as cases soar. We are under an hour away from cash trading in europe. You are getting 1 to 2 gains in futures, the ftse futures up. This is after the biggest route we have seen, we saw last week since 2008 for the broader stoxx 600 european index. Getting gains in the preachers in the u. S. Are not as sharp but we are 7. 5 hours away from the start of trading there. The nasdaq, down, many contracts rising this morning. What are you seeing . Money going into risk assets. That is the theme through the Asian Session and markets
Evidence from the scene of the gilroy garlic festival while collecting new information about what. We have encourag uncovered evidence that the shooter was exploring violent ideologies. We have seen a fractured ideology. The shooter appeared to have an interest in varying repeating violent ideologies. While a final motive has not been determined, the investigators now classify the case as a domestic terrorism investigation, saying, a Digital Media analysis of the 19yearold gunmans devices revealed a list of potential targets. To make these organizations from across the country include religious institutions, federal buildings, courthouses, political organizations from both Major Political parties, and the gilroy garlic festival. Matt Gilroy Police revealed the gunman was wearing a bullet resistant vest and say a bag recovered at a nearby creek contained ammunition, a rifle scope, flashlight and a shovel. It is the same thing. He murdered three people. He put everyones life in danger. T
Higher as inflation data fuel hopes for a soft landing for the u. S. Economy. The bank of japan holds and unscheduled bond buying operation. Manufacturing contracting for a fourth straight month in another that the economy is failing to find traction. Youll kashkari says the u. S. Inflation outlook is positive but warns higher Interest Rates could still see some job losses. Christine lagarde says the ecb could hike again even after a pause next time. Happy monday. The start of a new week. And the end of the month. August and september tend to be if you look at history some of the worst two months for the s p 500. Strategists are asking, is it time to brace for a selloff . U. S. Equity futures pointing to a lower opening. As for treasuries, the question that lingers from friday is whether japanese investors will rush home in pursuit of highyield out that the bank of japan has tweeted its program. The japanese are some of the biggest investors and buyers of u. S. Debt so will treasuries