Election delay. Another wave, the u. K. In france report record daily virus cases. Good morning. Session volatile yesterday on wall street. Action, s p 500 futures are in the green. Flat on the year on the index. Alongside 50 up 0. 5 asian equities. Dollar index had a firm week, little change this morning, but we are up or the 1 , biggest weekly gain since april for the dollar. Nymex crude getting a lift, 40 a barrel. U. S. Equities, a volatile session fluctuated yesterday erasing this years gains briefly. The jobs data disappointed on top of stimulus talks. Dani burger is digging into it for us. Dani anyone trading yesterday is suffering from whiplash. We did get the s p 500 erasing yeartodate gains, and today it 0. 5 , unclear whether we will get that are not. We had converging forces between hopes for forces, poor jobs numbers, and new housing data that was optimistic. Thing that might comfort about what we saw yesterday, we are getting close to a correction. We need to drop 0. 8 on
Daily virus cases. In some cases, records. Chancellor warns of an unemployment tragedy. Markets tick higher in spite of the dire warnings across europe. Europeile section on ends in the green after the s p dipped into negative territory. The trillion dollar gap. A 2. 4mocrats draft million stimulus bill. As mnuchin says he is ready to talk trump. We will be following this closely for you. Lets take a look at what futures are showing. Pointingfutures higher. We are looking at gains of 0. 4 . U. S. Futures also pointing higher for this friday, about 0. 25 . The pain in which contract you look at. The c anday in the gmm . The asian equities session going to the upside. Futures pointed out in the asian equity session, up 0. 4 . Indonesia, australia, india, all those markets moving to the upside. Is pushing us upwards just a little bit. We are all about the physical right now. The fed talking about the need for fiscal stimulus. Very much talking about the you of things as side well. Lets go
Im Francine Lacqua in london. European stocks edging higher. U. S. Futures pinning hopes on the american stimulus package. The dollar is slipping. I am also looking at treasuries pretty much steady. Texas crude oil steady at 40 a barrel. Lets get to the first word news. In the u. S. House democrats have started drafting a new stim in this proposal of roughly 2. 4 trillion. The plan could get passed by the house next week. While smaller than the package in may, it is larger than what Senate Republicans say they can accept. President trump has excepted he will go as high as 1. 5 trillion. Your Governor Andrew Cuomo says he does not trust the Trump Administration over a vaccine. He vows the state will independently review anything authorized by the federal government. Polls show a growing mistrust over a vaccine. New york may require travelers from europe to abide by its 14 day quarantine rule. In the u. K. , rebel numbers of the conservative party are threatening to seize the power of pa
Withdrawing the amendment. If there is no further debate, the amendment we are back live at the House Appropriations committee. Theyre working on 2021 spending levels for the defense, commerce, justice and transportation department, as well as the department of housing and urban development. The markup is excited to go into the evening. You are watching live coverage on cspan. Chair lowey for what purpose does the member from california rise . The member of california . Thank you. I havent amendment at the desk have an amendment at the desk. Chair lowey the clerk will read the amendment. I ask unanimous consent to dispense of the reading. Chair lowey without objection, the reading of the amendment is dispensed with. Thank you. This amendment is straightforward. It would block a president from starting a war with iran absent expressed authorization from congress. This amendment consists of language that the house is already adopted as part of h. R. 550 in january of this year. Let me be
Black community much better than many. A little while later the president continued with many mike as a 5foot 4inch massive debt energy that does not want to be on the debate stage of these professional politicians. No boxes please. He hates crazy bernie in well with enough money stop him. Bernies people will go nuts. Through dat. I added that part. President has also been lying after bloomberg for his past support of stop and frisk policies. The trump too said he supported those policies. Bloomberg tapping sensing trump is a bit of pickle on that topic is also going on the offensive and tweeting quote donald trump, we know many of the same people in new york. Behind your back they laugh at you and Carly Cordova barking clown. They know you inherited a fortune and squandered it with stupid deals and incompetence. I have the record and resources to defeat you and i will. If anything gets under the skin of the president s of thought of something richer than him. And people laughing at hi