The prIme MInIsters Message to Conference Labour Is buIldIng a new brItaIn. A UnIon Leaders told thIs programme that wIthout a change of course the party could lose the next electIon. So what Is the Governments Plan . Welcome to newsnIght, lIve from the Labour Party Conference In lIverpool theIr fIrst In 15 years In government. TonIght well be joIned lIve by a government mInster, well hear from the leader of the one of the bIggest unIons In the country who has a strong warnIng for labour, and In a moment well hearfrom the health secretary, wes streetIng. Your InsIght TonIght comes from mp Zarah Sultana, who lost the Labour WhIp after backIng a motIon to scrap the two chIld benefIt cap. Also, a man who had to get Into the heads of both KeIr Starmer and Tony BlaIr because he wrote some of theIr speeches, phIl collIns. And the polItIcal edItor of the DaIly MaIl, jason groves, whos been coverIng these conferences sInce the last tIme labour were In government. NIck, we heard from the chance
When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
Strongso getting some data coming through and it comes to pending home sales. The month on month number blowing past expectations. We do better on a month by month basis of 8. 8 . That was well above expectations. That takes the nonseasonally adjusted year on year number two 20. 5 . This is a market that has come back in a really big way. Alix and continues to stay strong, like auto sales, undermining that fall off a cliff scenario. ,ast night, the highlights president trump, democratic nominee joe biden, which a debate, but turned out to be a boxing match. Everyone knows hes a liar. Pres. Trump you are the liar. You graduated last in your class. Mr. Biden you are the worst president america has ever had. Pres. Trump when needed, i wear masks. I dont wear masks like him. He could be speaking to hundred feet away from you and he shows up with the biggest mask ive ever seen. What is the Trump Health Care plan . Pres. Trump first of all, i guess i am debating you, not him, but thats ok. I
Successor to Ruth Bader Ginsburg this week. The democrats say there is no rush and any decision to wait for the election. Scott larson says he expects a jobs bounceback in australia has covid19 infection start to ease. We will expect the likelihood that victoria reports lower new cases. U. S. Futures under pressure now, down. 2 at the open. This after recite u. S. Stocks falling to a sixweek low last week, the tech selloff intensifies. The s p 500 lost ground for a third consecutive session. Nasdaq flat at the moment after the nasdaq 100 closed below its 50 day moving average. Pressure,crude under after oil has its best week since june. Warningsaudi arabias to opecplus cheaters and shortsellers which helped opec crisis stage a rally last week. Now under a little bit of pressure above the 40 per barrel level as we continue to see the Dollar Strength and in the last session. We do know the dollar has been under a lot of pressure and it is headed for the weakest quarter in a decade. Lets
On the agenda today, resolution on the peaceful transfer of power after the president ial election, live house coverage at cspan. The speaker pro tempore the ouse will be in order. The chair lays before the house a communication from the speaker. The clerk speakers rooms, washington, d. C. September 29, 2020. I hereby appoint Emanuel Cleaver to act as speaker pro tempore on this day. Signed, nancy pelosi, speaker of the house of representatives. The speaker pro tempore the prayer will be offered by our chaplain, father conroy. Haplain conroy let us pray. Lord, father of us all, we give you thanks for giving us another day. As the stresses of the pandemic and as economic and educational effects stubbornly continue, we ask you once again to send your spirit of peace and healing upon our nation. Bless those who labor to bring healing and teaching during these difficult times. Comfort all who are ill with coronavirus and those who mourn the loss of loved ones because of it. As the members