Industry leader this hour. Masayoshi son the company is forecasting a massive loss for the year has investments in startups shery lets get you started with a quick check on the markets. U. S. Futures supported at the moment after u. S. Benchmarks ended the session mixed. This ahead of earnings season kicking off officially tomorrow with j. P. Morgan and wells fargo reporting. Afterutures up. 3 , this the s p 500 rallied almost 25 from its march low. Nikkei futures also gaining ground. 4 . We had a little bit of strength for the japanese yen in the overnight session as we saw more safe haven bids play out during the u. S. Trading session. This of course as we saw japanese stocks falling in the previous session. We have been trading most markets away on holiday. Today, only india is off. Crude prices rebounding from losses in the previous session. We had seen crude under pressure despite opecplus managing to strike a Historic Deal to cut output by nearly. 1. Market sentiment guided by wh
Well, tech is holding up well given it has high multiples coming into this part of the reason tech is the answer to some of the issues particularly working from home, things like krits tricks, zoom, microsoft, amazon, have outperformed it appears this is going to be somewhat of a permanent change theres a spike but even coming out they could benefit we would like to see more breadth within tech. Its been big and focused. Last week was interesting. As we started to get a rally in tech we got a sense for whats going to perform on the other side, services,semis, smaller cap names. We dont think were there yet but looking for infection rates to come down, pmis to improve. The economy is on the mend and then hopefully on the other side steve, its interesting over the past day we see some little moves in this environment that might suggest something. Yesterday microsoft announced changes to office 365, calling it microsoft 365 planning to open up access to teams and features in teams to more
The future of agriculture. This is a fitting theme for the secretary to announce something that we have been working on a usda called the agriculture innovation agenda. We are excited to share more with you this morning. I am joined in this room by many of you that are working to shape the future of our agricultural economy. It is important that we take stock, not only of where we are today but also of where we need to go to meet a growing Global Demand with rising standards of living in a time where producers are dealing with uncertainties in the farm economy and the conditions needed to farm, including the climate. Our chief economist, doctor rob johansson, will provide an indepth overview of the state of the farm economy. There is a lot to taken in 2019, it was certainly not a typical year. There were many factors influence in the economy including extreme weather, trade and policy changes an importing and exporting countries to name just a few. Following doctor jays top, the secret
Good morning everybody. If you could please find your seats. I would like to welcome everyone to usdas 96 annual outlook form. The u. S. s oldest annual meeting. Im the deputy secretary of agriculture and is great to see everyone here this morning. This years team is the innovation imperative, shaping the future of agriculture. This is a fitting theme for the secretary to announce something that we have been working on a usda called the agriculture innovation agenda. We are excited to share more with you this morning. I am joined in this room by many of you that are working to shape the future of our agricultural economy. It is important that we take stock, not only of where we are today but also of where we need to go to meet a growing Global Demand with rising standards of living in a time where producers are dealing with uncertainties in the farm economy and the conditions needed to farm, including the climate. Our chief economist, doctor rob johansson, will provide an indepth overv
Home prices up 3. 8 year on year. Roadmap begins with a turnaround tuesday. Stocks set to bounceback as markets attempt to recover from the worst drop since 2018. The drug maker shipping the first batch of this Coronavirus Vaccine as the World Health Organization warns the outbreak has the potential to become a pandemic. And the top performer sector just last week losing more than 200 billion in market value yesterday and set to fall again at the open today. As stocks come off, as we said, the worst day in the couple years, the coronavirus numbers continue to climb both in and outside china. Total confirmed cases exceed 80,000. Deaths surpassing 2,700, heading into the session the downd at s and the s p are in negative territory. We have croatia, bahrain added some. The Iranian Deputy Health minister tested positive. You cant read all the headlines theyre coming too quickly. And i think iran and italy are the two that i think people are focused on. But all these others, they always in