The 6th nation in the world to pass 1000000 cases spain has been tightening restrictions to help stem a surge in new infections. I dont memo real service in paris french president in my home across has paid tribute to samuel party the history teacher beheaded by an islamist last friday that he was killed after showing cartoons of the prophet mohammad to his students in a debate on freedom of expression across called the teacher a quiet hero slain by cowards. This is news from berlin follow us on twitter and instagram news or visit our website d. W. Dot com. For. More. Today Germanys Health minister the governments guardian of Public Health announced that he has tested positive for the corona virus another reminder of just how contagious this virus is here in europe the number of new infections is skyrocketing again spain has more than a 1000000 cases ireland is imposing a 2nd lockdown parts of the u. K. And germany are shutting down to winter is coming the corona chill has already arri
That there is a huge boom in kobe cases all across europe and i think the average age is lower this time were already swung all our beds are occupied. The situation threatens to spiral out of control here in germany as well. The virus seems to be spreading more and more in family settings. We need a new lock down and we need it now. It doesnt make any sense to wait till december but failure to get this right will make a cycle of damaging oxfams with all of the hardship and suffering thats entails. Also coming up should the Catholic Church support same sex civil unions pope francis says yes it is a Seismic Shift that the pontiff has been signaling for years. But its been a gay and someone whos gay and he searches for the lot and has goodwill who might a judge. To our viewers watching on p. B. S. In the United States and to all of you around the world welcome we begin the day with the lockdowns going up again here in Europe Countries have begun cold. The pandemic emergency break from spa
House. And banks ahead of a slew of earnings reports today jp morgan and citi tomorrow before the open. 59 minutes left in the session sara and we are higher across the board. The banks stocks up close to 3 for some of them 3 up for the nasdaq. Best day for the nasdaq since april. Coming up, the ceo of ho logic plus we will speak with the council on Foreign Relations richard haas about how the handling of the pandemic in the United States is being viewed by the rest of the world and how it influences geopolitics first an update on the stories we are watching. Mike mike tracking the market action, ylan moi with the latest on the stimulus negotiations and more on the coronavirus treatments mike, what is driving this rally . Good question is it possible to have a low volume buying panic . Thats a little bit what it feels like today certainly the nasdaq doing most of the work. The big cap tech stocks. Look how it aektsds affects the 17ds it looks like an acceleration higher out of the trad
Pandemic. Todyman continue if we start open up the economy . Can that continue with we start to open up the economy . And what is the recourse if you wake up in your robinhood account has been drained . Good news, Abigail Doolittle is here with us. Her account has not been drained, but she has been here with us all day. Risk on we had a nether that day. Not just a risk on week, but a second in a row. For the nasdaq, third. That september felt so bearish, and it was, but we seem to have really recovered from that. Today and this week after so many whipsaws around stimulus on and off, right now there is hope among investors that stimulus is on and a big deal could be agreed on. Nearly on the week up 4 . Nasdaq having its third up week time we have first seen that since august. A big driver for both of these indexes, amazon, up 5. 2 . There could be quite a bit of upside there. Nextf course prime day is week. Thats something investors are looking forward to. Wererming risk on, bonds down
Digital sales. More on that in a moment some hope on the vaccine front as well to mention j j entering trials with 60,000 volunteers though cases rising in many states here and abroad down 450 points. A sharp selloff in half an hour as kelly and frank were discussing on the show well speak with Ceo Marc Benioff well discuss how the pandemic changed business and his thoughts on oracle and tiktok deal plus more walmart is hiring tens of thousands of workers well speak to fubu founder and shark daymond john the stories were watching, mike santoli tracking action, sara with a look at nikes quarter mike, lets kick things off with you. Down 2 on s p. It seems as if really this rolling correction period in september has Unfinished Business to it didnt seem news driven though incrementally coming into the week, weak seasonal patterns a general sense if you were talking about an economic recovery, you werent getting fresh confirmation of that day to day of course nasdaq is in sell the rallies m