Battery day event. He announced a 25,000 electric car within three years. The u. S. And china clash again. This time, at the virtual u. N. President trump slammed beijing for the coronavirus. Xi jinping warns no one should profit from the problems of another. Haidi lets take a look at how we are setting up for the start of trading proper here in asia. We had a reasonable session in the u. S. , that tech rebound continuing to keep things afloat. This as we continue to get a little bit more news flow as to the stopgap measure being reached between the democrats and the gop. U. S. Stocks in the overnight session climbing. Tempering some of these concerns that came through from jay powell, pointing to slow economic recovery as well as Charlie Hedman saying the recession could worsen without more fiscal support. We see the nikkei 225 flat at the moment. We saw that japan markets have been closed. Futures have been dropping. We have seen during that time asia extra pen falling 2 asia x japan
Cspan your unfiltered view of politics. Up next to house panel looks at the trumpet ministrations actions towards genderbased protections in education, the workplace and healthcare. This labor subcommittee hearing is chaired by donna michi oregon. We are meeting to your testimony on the basis of sex , examining the administrations attacks on genderbased projections. This is a completely virtual hearing and i ask that all microphones for members participating remotely be kept muted as a general rule to avoid unnecessarily background noise. Witnesses will be responsible for muting themselves when theyare recognized to speak or when they wish recognition. Pursuant to House Resolution 1965 and its accompanying resolution members are required to leave their cameras on for the entire time they are in an official proceeding. Even if they step away from the camera. This is an entirely remote hearing and as such the committees hearing room is officiallyclosed. Members who choose to sit with the
A row of losses for both the s p and the nasdaq. That is the longest losing streak weve seen there in seven months. So with all of that, a a lot to get through. A lot of angles. Fox Business Team coverage. Blake burman is at the white house. The president will be moving shortly we think. Gerri willis following the Market Action for us. Gerri, lets start with you. Reporter yeah, lets start right here. Yeah, big selloff today. Many, many, worries, stimulus, virus, political uncertainty. Money laundering among the banks a lot going on. Let me make you feel good about the selloff, originally the dow was down 942 points. Obviously correcting in the last few minutes in the afternoon, doing better indeed. That is good news. The s p flirted with correction territory. Didnt get there. So that is good news, finishing much better than expected. The nasdaq real turn around for the index down 14 point as after being down as much as 273 points. So it has been a major turn around for this market a hu
A coven bees are becoming all too political. And billions. Well. In just that comes for the displaced and the flooding ill be bringing you those stories on how they are coping. And streets turned into rivers and buildings destroyed and power knocked out Hurricane Sally is downgraded but more destruction may still be ahead. Are normally wellings of the sports news is football and go off by all means closer to a return to the English Premier League and reassurance for the International Olympic committee from the new Prime Minister of japan over the delights tojo going. On now thousands of people are settling into a new tent. On the greek island of les boss theyve had to shelter wherever they can since fires swept through their old camp 9 days ago now many of these refugees have been reluctant to move into the new camp fearing that they will get stuck there. Reports from lisbon. They came with a clear message just after 1st light an unexpected wake up call for the thousands of refugees an
The single currency crosses the key level for the first time in two years. Philip lane says it matters for monetary policy. Andy Swift Financial regulators and the swiss financial of creditart suisse over spying on former employees. Let us get some breaking news for you. Front, u. K. Housing august house prices rising by 3. 7 year on year. This is according to nationwide. 2 on the increase of month. The month on month figure is 2 . The year on year figure is 3. 7 . Very strong numbers follow other measures of stress. We have a right move for july. Know the reason behind all of this. There was pentup demand because of a lockdown. There was a tax incentive put in place. And perhaps a little bit of incentive to move to quiet, rural locations. All of that lifting housing demand. Solid numbers nationwide this morning. Lets get to the broader picture around markets, have a look at futures. For European Equity markets, fairly flat. If you excuse exclude the ftse. The futures picture giving us