On further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. It was down by 1. 3 , s p down by 1. 4 and the nasdaq off by 1. 5 . However, this morning the stock futures are sharply higher this started last night around 10 00 p. M. When President Trump posted a flurry of tweets, one of them calling for airline and Small Business payroll support immediately. And another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. And as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. Ylan mui has been following all of this and has more good morning. And just hours after the president walked away from the bargaining table, he appeared to take three steps back calling on democrats to pass targeted relief first it was that 25 billion for the and i remember industries Payroll Support Program and 135 billion fo
This is boom bust so one business show you cant afford to miss for in washington coming up tensions are on the rise between russia and the European Union is sanctions have been imposed over the poisoning of electing a volley straight ahead we bring you up to speed on how the escalation could affect business between the 2 and amid the ongoing trade war between the worlds 2 largest economies china u. S. Imports have exploded leading up to the 2020 president ial election later i want to bring in 2 experts on International Trade on what the trade gap means in these critical times with a packed show today so lets dive right in. And we lead the program with the European Union stating wednesday that it will impose economic sanctions against russia after russian Opposition Leader alexei no bawly a corruption investigator and longtime opponent of russian president Vladimir Putin was reportedly poisoned with a nerve agent now according to German Authorities know bawly is in germany. And is now r
Competition and illegitimate sanctions but also by creating instability on our borders. And joining us now to discuss this boom bust cohosted investigative journalist bents one whos been following the story now but i want to start with what we know about the poisoning of alexina bali. Yeah we actually dont know a whole lot about it according to reuters there is some information he was traveling apparently between siberia and moscow in august he became violently ill he was an air flight into germany where doctors began to treat him and they say that he was poisoned with some kind of a nerve agent and so the details of exactly how he was poisoned are not known at this time and the fact that russia and specifically certain members of the russian government have been accused by the french of the germans as being responsible for this is a little bit strange because we dont have any details surrounding that having said that it was enough as you just said for the e. U. To say that theyre goin
These critical times with a packed show today so lets dive right in. And we lead the program with the European Union stating wednesday that it will impose economic sanctions against russia after russian Opposition Leader alexei no bawly a corruption investigator and longtime opponent of russian president Vladimir Putin was reportedly poisoned with a nerve agent now according to German Authorities no bawly is in germany and is now recovering this week e. U. Foreign ministers agreed to impose sanctions on russian officials fish tales and organizations blame for the poisoning these sanctions according to Russian Foreign minister Sergei Lavrov are not surprising and could lead to further economic strains between the 2. The question is not just whether business as usual is possible but with the any business with the European Union is possible a tool the e. U. Behaves arrogantly towards us and looks condescendingly down with russia demanding answers from us for all the crimes it imagines we
Europe here. We initially saw quite a negative story coming out of europe. In the United States, maybe some stimulus talks helping propel the story a bit higher. The s p up by over 1 . The euro has come back. It is still negative on the day. We did have a 1. 16 handle. We now have a 1. 17 handle, but we have seen continuing dismal inflation data out of the eurozone. Yesterday was germany. Today it is france. A 0. 6 print. We get the final number friday. Alix totally different from the u. S. , in that we are able to generate some inflation. Christine lagarde with her strongest signal that the ecb will change its goal. She said it may be worth examining a strategy that allows inflation to temporarily rise above the target rate, similar to the feds shift. We need to thoroughly analyze the forces driving inflation dynamics today, and consider whether and how we should adjust our strategy in response. The anchoring of fixed rate expectations might have loosened. The wider discussion today i