Top banks in frankfurt. A Brexit Debate almost. There is huge symbolism. When you line up the five banks above j. P. Morgan in germany, they clearly have a european heritage and they are the lone american bank. Francine we will have plenty more on that. Others will follow suit. Lets get to first word news in new york city with ritika gupta. Prime minister Boris Johnson is warning difficult months to come for the u. K. In an address to the nation, he , theled to britons tightening of rules coming with higher enforcement and tightening said we do not need this stuff and we should leave people to take their own risks, i say these risks are not our own. Tragic reality of having covid mild cough can be someone elses death knell. Andka republican senator trump critic mitt romney says he supports moving forward with a confirmation vote, all the crushing democrat hopes for stalling and nominee until inauguration day. President trump plans to announce his pick on saturday. The u. S. Pound to ke
China the stock set to add 100 points to the dow in todays session. There is a countdown to election day 41 days to go, former Vice President joe biden heading to North Carolina today, meanwhile President Trump also getting ready to announce his pick for Justice Ginsburg Supreme Court seat, democrats threatening for pack the court if it is filled before election day. Justice ginsburg will lie in her pose at the Supreme Court building and then on friday she will become the first women in history to lie in state at the u. S. Capitol building, also happening on capitol hill, dr. Fauci will testify before the senate at 10 00 a. M. Eastern and Jerome Powell will testify before the house select subcommittee on the pandemic. And the president expected to speak to veterans and their love and a coward. It is a live action show today and Varney Company starts right now. With your help, your devotion and your drive, we will keep on working, we are going to keep on fighting and we are going to kee
U. S. One report says the case has already been pulled. Jack ma seeking more than 17 billion in hong kong as a dual listing. It says it does not need cornerstone investors. We have the latest on this blockbuster sale. Shery he was futures coming online flat after u. S. Stocks fell to an eight week low in the regular session. Warnings from various fed officials of the need for more fiscal stimulus. We saw the selloff continuing. Volume below the average over the past 30 days. 11 sectors on the s p 500, all of them lower by more than 1 . Energy the worst performer as we continue to see Dollar Strength rising against every g10 peer to a seven week high. Oil is extending its losses. We saw some gains earlier in the new york session stop bullish york session. Gains limited by fed speak over the economic recovery. Haidi lets look at how the Asian Session is shaping up. Taking a look at new zealand stocks, we continue to process the rbnz rate decision. A steady beat of the drum roll toward po
Goldman sachs talking up a Strong Economy for 2020. Jpmorgan talking up another market rally next year. And our longterm guest is again talking about a market melt up. Look what we have right now. We will open the dow slightly lower, maybe 40 points down, but the s p is going to go up a fraction and the nasdaq is going to go up about a quarter of 1 percent. Now this, the down side of Americas Energy independence. We are producing so much oil and gas that chevron has had to write down its shale assets to the tune of 10 billion dollars. We are energy independent, that is good, and gas is cheap and getting cheaper, and thats very good, yes, it is, another trump win. Big show as usual. Varney company is about to begin. Im not sure about that animation right there. It is kind of wrong, but i believe weve got a sound bite for you. Are we going to play that one . Yes. There was and never has been any evidence of collusion, and yet this campaign and the president S Administration has been domi
“Peloton needs someone who knows the industry,” Lou Lentine told The Post. “I’m running the same company but smaller and we are doing the same things every day but better with fewer employees and less debt.”