Battlegrounds to watch in washington, d. C. Is senate is set to vote on the confirmation of judge Amy Coney Barrett after clearing a key hurdle over the weekend. Time to make the donuts. A possible 9 billion deal topping this mornings news that is sure to get your coffee brewing. Its monday, october 26th, 2020. Youre watching Worldwide Exchange right here on cnbc good morning welcome to the show im dominic chu kicking off your monday morning with stock futures pointing towards losses right now. As you can see the implied open for the dow is roughly 308 points to the downside s p is implied lower by about 39 and the nasdaq down by 129 points if these futures holds into the opening bell for regular cash Equities Trading the major averages coming off their first down week in the last three the nasdaq taking it the hardest with more than 1 loss on that side of things on the flip side, youve got the russell 2,000 small caps continuing its run higher. Seeing third positive week in the last f
But also a very special welcome to our cspan audience who will be following this event on cspan2 today, and were delighted to have you here, if only virtually, and delighted to have everyone who was been ablo participate in this discussion. This i think is going to be one of the most interesting and significant events that weve done here at hudson, particularly given the fact that we are less than a week away from the election when so many of these issues that were going to be talking about today, the question of what america is going to do, where americas going to go from here, those issues are going to be decided very, very soon. And so what happens in our discussion here i think will help us to understand as a guide to what takes place, regardless of who it is who will be sitting in the oval office come january january 21. I want to say a few words about our distinguished guest. Robert obrien was born in los angeles and graduated from the university of california berkeley with a law
A simulcast on bloomberg radio, bloomberg television. We welcome all of you in europe and the challenges there, and we will get to you in a moment, and all of you across this nation. It has been week after week at an 800,000 level, even up towards one million a month ago, and the news slow is simply extraordinary. Jon, you have been way out front on the distinction between the virus and pandemic on the continent of europe over to the united kingdom, and the difference with the United States. How urgent is it for mr. Macron, chancellor merkel, and Prime Minister johnson . Jonathan becoming more difficult, and the problem they are having is localizing the effort. Many people in parts of the country that are facing tougher restrictions are asking, what about everyone else . That is the story in the u. K. As london gets upgraded to a new tier and faces tougher restrictions. As we get deeper into the winter, it is not just about the caseload. I think they are much more keen to emphasize and
1 ,s p up by nine tens of tech leading the charge. European markets underperforming but the ftse 100 pushing on gains over the last hour. Most european markets gained early than flatlining into the afternoon. We are seeing a bit of a return to the dollar this afternoon, still trading at the 118. 119 earlier on and security markets continue to be in focus as the ecb suggests there may be rates that could be cut further. Lets start off our conversation on the u. K. Labor market which took a turn for the worse in july. Total job losses climbed to nearly 700,000 since the start of the pandemic. Tois considering plans support jobs as per the government cost Furlough Program ending next month. Businesses need support which is why many of the intervention we have put in place lasts the last through the next year. I have not hesitated to act and create effective ways to support jobs and employment and we will continue to do so. From brusselsg us is Vincent Juvyns from jp morgan. Sunak may be s
Ahead this hour. The russian opposition figure alexian of oil in the groans in agony on board a flight after an apparent poisoning hes now critically ill in hospital. Also ahead india recording almost 70000 coronavirus cases in one day but the study is suggesting millions more may have been infected without knowing it. Meant for its internal ends coach says the team is ready to begin a new era of 6 sas enter aiming to win their 1st trophy in almost a decade in the Europa League final agony said the. There we are here we go federal prosecutors in the United States of a rest and charged a former senior white house strategist steve bannon he was one of president Donald Trumps most influential advisors during the 2016 Election Campaign the Justice Department is accusing him of conspiracy to commit wire fraud it has to do with a Fund Raising Campaign to support the building of mr trumps wall along the border between the United States and mexico in a moment well speak to our. White house cor