To the right with his choice of amy coney barrett. It would make it a 63 conservative split. Hitting a high know. Aims top behind bts raise 800 million in koreas largest ipo in years. Lets take a look at how we are setting up for the asian trading session. They hope to follow the momentum we saw in the u. S. Session on friday in particular with these gains in tech stocks. S p futures looking pretty positive,. 3 . Optimism as we get to the open in tokyo. A quiet first half of the week. We do have japanese throughput later on this week as well as decisions out of the philippines as well as india. Disney futures up by. 3 , as they continue to see growing concerns about the impact on the economy when some of these fiscal support measures start to peter out. We do have some optimistic news when it comes to the listing in victoria. New zealand off by 1. 5 . Dragged down by some of the dairy names. Tom the clock is ticking on tiktok. We are in our way from trumps ban that takes place midnight
We will have the latest on that well tell you what to buy heading into the final strep of the your palantir just began trading. Alex karp will join us in a couple minutes for a first on cnbc interview more power lunch starts right now. Hi, everyone first two big public debuts. Palantir just began trading moments ago, and asana opening up higher as well, plus starbucks higher as counsel upgrades the stocks, saying its actually a good thing for the company. The chip maker micron is lower after reporting earnings yesterday. You can see shares taking a hit, down about 6 . Brian, over to you the idea if we get a democratic sweep of the white house and congress, fiscal stimulus could be very generous for a very long time also noted the thought we might be getting closer to a new round of coronavirusrelated relief, so lets get to ylan mui with the latest on the negotiation. The ylan brian, the treasurysecretar is meeting right now with the speaker of the how in person in one last push to try
The opioid epidemic. The Justice Department announced the settlement today. Purdue has proposed a separate 10 billion settlement to resolve state and local claims. Onbal news, 24 hours a day, air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. Vonnie welcome to bloomberg markets. Exclusive interview with former Federal Reserve chairman Alan Greenspan, his thoughts on the state of the was economy and the stimulus logjam. Markets are now lower and bouncing around on speculation whether lawmakers will finalize a stimulus deal. After thea announces bell today, all but guarantee to report a fifth consecutive profit. Markets,heck of the the major indices are down at this point, about a quarter of a percentage point of peace and they had been higher earlier. The dollar index is partially to blame at 92. 5 so lots of weakness for the dollar index partially thanks to sterling. Brexit trade talks are on
Plan, but Republican Leaders warned the gap remains wide. Mitch mcconnell says the plan contains poison pills. Bloomberg economics cuts its growth forecast for japan, saying the recovery is weaker than expected. This hour brings a survey showing what business thinks. We are getting breaking news crossing the bloomberg. President trump has moved to sign an order which would expand u. S. Mining, citing a threat from china. President trump has moved to expand rare earth mining in particular according to an official. We know china has in recent years have a huge presence when it comes to rare earth mining, which is used from everything from cars to mobile phones. Officials say President Trump has moved to expand rare earth mining for the u. S. There is a political element where union votes will be key going into the election. We will get you more details as they get to us. Lets take a look at the thursday session with sophie kamaruddin. Miers we are watching across the region following tho
The last few moments on this headline from larry kudlow, the president s top economic adviser saying that the president now wants to do a deal on stimulus lets go to washington and get filled in a little more. Scott, the president tweeted on the state of the discussions over another Coronavirus Relief package. He said that the negotiations are moving along he encourages the negotiators to go big this as you mentioned white house economic adviser larry kudlow saying that there has been a plan that president signed off on. It is relatively broad based now what we know is that House Speaker nancy pelosi and the treasury secretary are supposed to talk again sometime this afternoon. They had been in almost Constant Contact almost daily contact and we know that president said he is willing to go beyond ppp, direct checks and aid to the air Monica Lewinsky and do something bigger exactly how big . Thats what the negotiators will be talking about, im sure, during the phone call later on today.