The dow down by almost 1,000 points the decline of 1. 8 . S p by over 8 the nasdaq a miracle come back after a laydate rally weve been bouncing around positive territory right now, the dow down around 14 points, s p up about seven points and the nasdaq up about 70 points. We are talking about a town month for the markets, we are looked at four sessions in a row. Thats the longest losing streak looking at these numbers, you are talking about these lower numbers. Month after month i think we had april, may, june, july, august are all up. Stocks only go up not in september. In an Election Year it can take on significance. The nasdaq can move. We can see it down 400 or more points can that close higher again today . Thats a good move you could look at it midmorning and then it seems like it is not the tale at this point kind of the log. Faang, tesla and the leadership move. Apple made the rally yesterday too. Gold is supposed to go up bitcoin, supposed to go up weird. Thats where you think
Welcome to bloomberg surveillance. Theres plenty going on in the markets, not withholding everything going on with the Supreme Court, and we are just about 46 or 45 days away from that important u. S. Election. The picture on the market is not great for banks. You can see actually banks were down from 4. 1 . If you look at some of the things we should be watching out for, european stocks are dropping for a third day. Rising virus cases will lead to tougher travel restrictions. Lets get to first word news here in london. Leanne concerns are mounting the u. K. May need a second lockdown to stop the spread of coronavirus. Prime minister Boris Johnson is set to be told today that the nation is at a critical point in the pandemic. There are expectations that local restrictions could be extended into london. President trump is celebrating the tiktok deal, despite it falling short on some of his key demands. The apps chinese owners will still have an 80 stake in the the u. S. Source new jobs.
Can they deliver in shanghai . Bet that heaking a can succeed where others failed. To japan ands get south korea, coming online. Began is study. Fiveyear auction. Olding around we have not been at this level since easing ramped up. We are seeing the cost be moving to the downside about 4 10 of 1 . The korean won is on the retreat as well. A little change fluctuating after a threeday event with the aussie dollar holding steady. A look at how aussie bonds are faring. The 10 year yield fell as much as five basis points. Her marks in sydney, in which he noted that week consumption growth was a surprise but he remains confident that there will be a pickup. Looking at 63uan as we are waiting for more trade details. I want to highlight mexican peso trading around a high. After not time to celebrate just yet. Paul lets get some more on that nafta 2. 0. Last minute have arisen over the new trade deal. A deal was closer, but Speaker Pelosi saying nothing has been agreed to yet. Canadian official
Supporting their economies and also containing debt and asset prices. If you look at what is happening in australia moving further into the rest of the year, maybe more, and the other side of that same coin is you have home prices. In sydney, something they have not seen in at least a decade. Another good example of that is to take it take a look at what is happening in south korea. A surplus, but it is not being driven by exports the way it should be. That is the main engine for growth. Trying to support that part of the economy and balancing fairly high household debt. And looking at taiwan, the biggest mover so far in asia this multiyear bull run. And we pushed past 10,000 at one point this year, under increasing threat. We are approaching the 8500 level at this point. The previous low was back in october of last year. Below that, we are headed to about 7900. I will leave it there for now. Back to you. Rishaad well, we had david alluding to china, and the Manufacturing Survey showin
It is the most detailed accusation yet against g. O. P. Senate candidate roy moore. An alabama woman going on the record with high profile Attorney Gloria Allred at her site describing a horrifying ordeal with moore, Beverly Nelson says about 40 years ago when she was 16 and moore was a thirtysomething District Attorney, moore assaulted her. The judge emphatically denied the claim, just as he has about the accusations made by four other women. They say theyve heard enough and they want moore out of the race. Ed henry joins us now. A lot going on tonight. It roy moore not just refusing to back down, hes actually trying to use these new accusers enemy attacks from establishment to help them politically. Moore tweeting, the person who should step aside is Senate Majority leader Mitch Mcconnell. He has failed conservatives and must be replaced. Draintheswamp. He tried to block in the g. O. P. Primary in the first place. While the Senate Leader initially said moore should get out of the all