10ly plans on spending billion euros a month. Biden uses his first call with Boris Johnson to reaffirm his support for the good friday agreements. A lot to talk about this morning. Under one hour until the start of the European Equity trading session, futures look flat. Ftse futures, dax futures, a bit of a mix. Yesterday europe was up strongly 1. 5 or more on the major markets by the close. We come into today with a continuation of themes of the previous day, selling out on tech, getting back to value. Lets get to u. S. Futures, looking more buoyant and having to do with what we did not see in the u. S. Session yesterday. Things are not as strong across the board. Nasdaq down by 0. 3 . U. S. Futures looking have we seen that rotation playing out in terms of the tech versus value story . It is in play in asia. It is inch deceit a japanese equity market doing well. See the interesting to japanese equity market doing well. Part of this has to do with what is going on in tech, a crackdown
We stock with the rally on the eve of the vote tomorrow every seconder finishing in the green. The rally after the market hand in the worst week since march. So what does todays Market Action tell us about tomorrows big vote guy, what do you say hi, mel you like my election haircut. I see. Really took it down. Really tight, nice. High and tight. Interesting. Whats it tell you today, i think a lot of people squaring up ahead of the election the vix suggests theres still a lot of concern the six vix at one point traded up to 37. 5 obviously elevated last week saw huge move from 24 to 40. It absolutely mirrors of the move of june 8 to june 11 when it went from 20 to 40 and sms went from 32. To 50 in a Straight Line so the moves are identical, i think if theres a concession speech tomorrow morning this mix of 38 probably has 28 handle theres no concession speech i think the 38 vix remains thats the way im looking at the world right now. Lets be clear, concession speech by either candidate
And a very tight one to a handful of states cant be called at this point just because the tally is to close the margin. Is too close and yet so going to be tracking for. Well east today for sure and least a few days to come as we take a look at the big wall and you can see that biden has a lead in the Electoral College to 38 to to 13. James even talking about how this count is far from done in their 60s talk a little bit more about also the battle for power in the senate which also is. Up for grabs still at this hour. It is and it seems like a lot of these senate. Voting down ballot sort of follow it follow along party lines to right from the top of the ticket places that democrats thought theyd make inroads turns out voted in line with pretty much how the president ial election has been going so far so lets give you a quick look on the National Scene democrats were able to flip one seat. And that was in the state of arizona, they also got colorado, but them last, alabama so that kind
Election day in what could be the most volatile week of the year. But, tech is still lagging. We will preview upcoming earnings. My exclusive interview with snp ceo klein. Could this mean bad news for the rest of tech . First, the earnings parade continues with posting its annual profit forecast with new accounts searching. Net new accounts jumping 55 from a year earlier. We will get to that in a moment. First, Abigail Doolittle has been looking at the broader markets today as we head into the big day. A lot of anxiety going into tomorrow. How are investors digesting it . Abigail anxiety describes it well. More jitters on the part of stock investors. Another wild day. Sharply higher. Afternoon, then finishing up just a little bit after the close. Investors were selling the tech stocks, or some of the tech stocks, and buying up some of the cyclical, growth sectors such as energy, industrial, materials. On the other hand, volatility, still very,0 fix very elevated. The investors are conc
Let me senator theres no rejoinder to stop the people who station from voting you know overwhelming numbers and terry came back this democracy. Biden will imprison. Your people your families in your house while letting rioters roam free and loot your streets or loot you store under pardon there will be no school no graduations no where it is no tanks. No trees trees no we sure dont 4th of july there will be no future for our country other than that hes going to do a great job. Super typhoon goni one of the most powerful this year is hitting the eastern philippines. The Weather Agency says it crossed the coast with catastrophic lee violent winds gusting up to 280 Kilometers Per Hour about a 1000000 people have been evacuated from its projected path britains Prime Minister has announced a new 4 week lockdown in england coronavirus cases in the u. K. Now exceed 1000000 or nonessential businesses will close and people are being cars to work from home schools will remain open as anger and f