And local mayors criticize Boris Johnsons traffic light system for his chief medical officer says the plan does not go far enough. Down on itses streaming business, taking the fight to netflix. We bring you our interview with three weeks,ithin we will have a new u. S. Election. President trump returns to the campaign trail to fight that fight in florida. I am trump now they say immune. I feel so powerful. In there and kiss everyone in that audience. Guys and thehe beautiful women and everybody. I will give you a big, fat kiss. Matt we are just under an hour away from the start of cash weity trading in europe and are getting german Economic Data here. You take a look at your , you can see the cpian september harmonized wasnt dropped. We are not getting the inflation that the ecb wants to see here. You can see the futures picture is a little bit mixed. You do see euro stoxx 50 futures down. We see gains on ftse futures of , gains on dax futures are just fractional. But most European Equi
This week. Many center thickens are rejecting the white house proposal for a deal. There is regime change in the air. Economic policy that is edging out central bankers potentially. The focus on fiscal policy has been front and center in the fight against covid. This aid is important as Companies Like American Airlines , allstate, disney cut jobs. The shift in Economic Policy likely to be felt across developed and emergingmarket countries. This is going to have a worldwide report effect. Countries are getting more and ofe willing around the idea balanced budgets. Really two things going on at once. One is the explosion of deficit spending with respect to covid. ,retty much everywhere you look the last crisis as a share of gdp. The second aspect really is the idea of like a philosophical change. Even after the crisis, perhaps there needs to be less focus on Monetary Policy and more on the fiscal. Romaine it will be interesting to see if that handoff occurs here. You think about economic
Nominees. And, election security. It is at the top of everyones mind. What the cloud flare ceos company is doing to thwart cyberattacks. Plus, highlights from my interview with Disney Ceo Bob Chapek in the last hour. Disney plus shares jumped in afterhours trading. First, lets get up to speed with all of this market move. Tech dominating the day. Mastec registering its best day since april. Abigail doolittle, what a day. Abigail the nasdaq 100 having its best day volatilead all of this action, speaking to the big gains in august, the big selloffs in september. We now have the nasdaq and s and p trying to take back on those alltime highs. A new wants to this is this year, in 2020, these big internet stocks are considered to be quote unquote defense. The companies have really been outperforming from the stayathome trends. Apple up more than 6 . Its best day since july 31, when the stock had surged by 10 . That is the degree of the buying power. We are seeing how much the investors and tr
Worsen, suspending imports of australian coal. Disney jumping a late trade on a management shakeup and a focus on streaming through a newmedia unit. We hear from the ceo. Check of howget a the markets are trading. We are seeing u. S. Futures coming online pretty much flat. We saw u. S. Stocks climbing to an almost sixweek high we had a rally. The s p 500 gaining ground. We also had financials pretty strong, gaining more than 1 ahead of earnings season. Jp morgan and citigroup reporting tomorrow. It was really about this years trade that really led the rally. The nasdaq composite gaining more than 2. 5 . Amazon soaring ahead of its prime day. Apple also jumping. The product unveiling but its price target was raised by rbc Capital Markets. Take a look at what oil is doing, reversing some of those losses it saw during the u. S. Session when it fell below 40 a barrel. Gulf operations restarting after hurricane delta. Sourcesention, libya saying we could see output there doubling within 10