Three virus levels. Investors are not buying the idea that the sectors prices have finally passed. The Company Behind k pop sensation bts prepares to take the stage in seoul. Big hit hopes to be a big hit on the korean stock exchange. Paul markets are just opened here in sydney. For a look at whats going on, lets go to sophie. Sophie sydney stocks gain ground. 1 , resuming the advanced after stalling and to retreat from a march i on wednesday. We have the likes of bhp and providing a boost while banks are under pressure and focus is on the rba governors speech in which he signaled the desire for more state funding while indicating that there will be a lower for longer rate environment, likely to see further easing ports 10 basis points, also indicating there will not be rate hikes for at least three years unless there is more sustained progress on jobs and inflation. Those remarks did see pressure come through on the aussie dollar, seeing an earlier push. Flipping the board to check in
Small Business Committee meet for a hearing on preventing fraud and abuse in the Paycheck Protection Program. Before we begin id like to take this opportunity to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. All members are reminded that theyre expected to adhere to these standing rules including decorum. During the covered period designated by the speaker the committee will operate in accordance with House Resolution 965 and the subsequent guidance from the rules committee in a manner that respects the rights of all members to participate. Please keep your cameras on. Also please remember to remain muted until you are recognized to minimize background noise. If you must participate in another proceeding, please exit this one and log back in later. In the event a member encounters technical issues that prevent from being recognized for their question i will move to the next
Arrows dow futures indicated down by about 260. Weve seen down 300 this morning. Nasdaq also down sharply down by 200 points and the s p 500 down by about 37 so significant declines after two other days of losses also playing out in the treasury markets as well. If you want to take a look at what is happening there, yields have gone down, right now the ten year is yield iing below 0. a lot of this has to do with renewed lockdowns in europe. Lets get to karen cho who has more on what is happening there. Thank you very much we are witnessing losses across the markets as we contend with more news flow around more severe restrictions. Weve been hearing the last couple hour 24s that there may moves announced later on today, reports from various Media Outlets suggesting that london will move to a tier two restrictions the london mayor has spoken suggesting that the Health Secretary will reveal the changes in the house of commons. No mingling between households currently there is a rule of si
To participate in another proceeding please exit this one and like back in later. Any that a member encounters technical issues that prevent them from being recognized from their questioning i will move to the next available member of the same body and will recognize the member of the next appropriate timeslot provided they have returned to the proceeding. In the event the witness loses connectivity during testimony or questioning i will preserve their time as staff address technical issue. I may need to recess the proceedings to provide time for the witness to reconnect. Finally remembered to remain muted until you recognize to minimize background noise. Over the last few months the outbreak of covid19 has led to an unprecedented Public Health crisis and creating a dire economic crisis for small firms. Three out of four businesses are experiencing a decrease in revenue and over half of Small Businesses are concerned about being forced to close. Small businesses across the Food Supply
The funds reinstate the evictions to prevent even bigger housing crisis . Mr. Speaker. The senate is grappling back into session and we continue to watch for ministers just need time at cspan. Org. Now live to the senate floor here on cspan2. Mr. Lankford mr. President. I have three requests for committees to meet during todays session of the senate. They have the approval of the majority and minority leaders. The presiding officer duly noted. Mr. Lankford mr. President , we are once again in a conversation about freedom of religion and the free exercise of religion and what that means. There is simply i would argue that it means the ability to have any faith, to have no faith at all, change your faith, and to be able to live it out. The ability to have a faith as a part of who we are. Its our most precious possession within us. Its not that. If its something less than that, the free exercise of religion has limitations on it, then its simply the freedom to worship or to have a name fa