One hundred thousand cases a day. New york expanding the list of states on quarantine list as well. Markets this morning the first day of the Third Quarter, futures indicating this morning we are going to see a decline at the start of trading to kick off Third Quarter. Dow futures down 109 points and s p futures down 9 and a quarter. Yesterday u. S. Markets closed strong Second Quarter in the green in hope of additional stimulus. S p 500 yesterday up 47 points at 4 00 oclock on wall street. Markets had their best quarter in more than 20 years, take a look. Secondquarter numbers, up 17 on the dow, 30 on the nasdaq. Defunding the police, new york city cutting the Police Budget by 1 billion, some including like alexandria ocasiocortez says it isnt enough. Ray kelly will join me live at 7 30 a. M. Eastern joining me on the movement and what it means for already rise in crime throughout the country. A new era of trade begins the u. S. Mexicocanada trade agreement is in effect. Wilbur ross w
Hong kong and tokyo reporting record tallies. And singapore heads to the polls for an election overshadowed by the pandemic. Voters will be asked to wear disposable gloves at the ballot box. How marketscheck of are trading. U. S. Futures plan at the moment, after a mixed finish in the new york session. The s p 500 and the dow fell. Viruse news of resurgence, not to mention to tensionsnot to mention escalating with china. Financial shares drag to the index. Dragged the index. The Energy Sector was down for a third consecutive session with the worst three days in about a month. Take a look at what oil is doing, because we are seeing it continue to dip slightly and below the 40 a barrel level. Key libyans that a oil field resumed production, threatening more barrels into the oversupplied market. Lets see how things are shaping up for the asian markets. Could beppetite fitting this friday with asian stocks mostly lower. This has we are seeing violence concerns virus concerns you raised in
Sharing demand, david, and today grocery delivery. Yeah, thats what we will be talking to him about of course, was it their second choice is certainly a question we will want to explore and when will the company get to cash flow positive. Remember prior to the pandemic, carl, there had been some important promises made by uber in terms of when they were actually going to get to that point and then of course its all had to change as a result of what theyve seen in their core business which we also will talk about as well. As we take a look, mike, as a market that is going to at least open lower, although certainly unclear whether that will hold incredible momentum yesterday and some of these names, i mean, that we talk about so often, but just this morning, looking at the market caps of amazon at over 1. 5 trillion or tesla at 254 billion it really is quite something. It is, and those are the names, thats the area of the market called secular growth, you know, call it, you know, actuall
Arizona, and hospital cases in california all marking new highs. Plus top advisers to President Trump are set to urge the u. S. To undermine the hong kong dollar peg to punish china for its crackdown in the city. Ons get a quick check up how markets are set up for the open. Here is Sophie Kamaruddin in hong kong. Sophie in asia this wednesday, we are seeing a mixed start to the session with focus on china and if mainland stocks can keep up that rally we have seen for six days. Futuresd 14 so we have in the green for the most part. Hang seng futures settling higher after the rally did stall in hong kong on tuesday. Switching out the board, checking in on the hong kong dollar, which continues to have the 7. 75 mine as they continue to defend the peg, we are seeing little reaction in the curb. Jumping into the terminal for a big picture book, low 200 pips after the spike we saw in may but staying elevated on economic and political uncertainties. Tracking any reaction to a bloomberg report
The u. S. Imposes visa bans on chinese officials in retaliation for beijings policies and called the un and the e. U. Have also called for action to defend human rights in china but will the International Pressure lead to change this is its own story. Hello and welcome to the program on iran come on the United States is taking its 1st steps in response to beijings National Security law to hong kong secretary of state mike pompei it is imposing visa restrictions on Chinese Communist Party Leaders he didnt reveal any names but he says they current and former officials believed to be responsible for undermining human rights and on kong which china says the law is needed to restore order after months of protests that have turned violent at times its bypassing hong kongs legislature to push through the measure the law would ban socalled axis of the asian and terrorism and for the 1st time allow beijing to set up a Security Office in the territory the Chinese Embassy in washington is urging