A treatment. Bt just topped the stock 600 on the report with the Biggest Group preparing to fend off a 15 billion take over bid. Getting back, bytedance plans to sue the u. S. Government as they look to fight the executive order banning American Companies from working with it and Oil Stocks Jump as the u. S. Prepares for a twin storm scenario the gulf coast braces impact for two Tropical Storms set to hit at almost the same time this week a vaccine developed in the u. K. Ahead of novembers president ial election. According to the financial times, the u. K. Food and Drug Administration is awarding emergency use authorization in october for the vaccine that was developed by astrazeneca heres how its trading near the session. 2. 4 plus on the boards and also across to the European Markets this morning optimism around vaccines and treatments right on the outset and some of the gains continue 1. 4 not much as you can tell not even one along the boards here lets take a look at the markets in
Im yousef gamal eldin in dubai. Quite the risk on session. Lets get you the state of play. The signals were getting between the u. S. And china are encouraging. S p 500 many futures are higher. Quite a few gains in the european stocks story, as well. Tech and cyclical sectors, including autos, are leading those gains. Fund managers are overweight on 2018, according to the latest bank of america survey. Telling bonds standing out, paring middle of the gains. Treasury study in the United States. Eurodollar at 118. 16. Little upside, weaker dollar story weighing on broader g10 space. At a net long position, the least bullish in three weeks according to the latest data. Lets check in on your bloomberg first word news, will be get you some of the other stories were watching, starting off with president donald trump. He says a coronavirus treatment that involves blood plasma from recovered patients will be expanded to more sick americans. It adds to therapy even before researchers fully unde
3 yesterday so it is the year to date momentum names in technology and large cap growth that are taking things there cloud stocks, the Broad Software group, ecommerce, all those baskets are up 2 or so today, so you know, at a time when people are unsure about the fiscal package getting through and maybe what the pacing is of the domestic economy, kind of the old reliable move is whats working for now but as you say, the Broader Market is kind of on the softer side for the start. Julia, a bunch of Technology Names that have dipped their toe or maybe a couple of legs into media also higher this morning looking at amazon, up 1. 5 , alphabet up a little bit more than that. Netflix itself, which is all in on media, of course, up better than 1 . That trend continues and of course, we have to point at tesla, those shares up about 5 and just look at tesla, up 290 year to date, john, just really striking in the context of Everything Else today. Yeah. Needhams chris wrestler is going to join us
Americans in towns on the southern border suffering the worst from covert 19. And turkey finds a massive natural gas reserve in the black sea a discovery which could dramatically reduce the countrys dependence on Energy Imports. Russian doctors treating one of the kremlins biggest critics have agreed to let him fly to germany for medical treatment the doctors in siberia backed down after initially insisting alexina valmy was too unwell to be moved the Opposition Leader collapsed on a plane on thursday after drinking tea that his aides believe was laced with poison of ali supporters accused russian authorities of trying to stop his evacuation or a challenge reports. Whats going on inside this regional russian hospital is army slightly clearer than whats going on inside the body of its most famous patient with a plane waiting in to take it on conscious elect say no need to germany doctors spent most of the day saying he was too sick to move then late on friday a change of position also u
Includes a long serving cabinet secretary. Critics say that abe failed to deliver on promises. And one of chinas is conglomerates says it is optimistic about recovery. We hear exclusively from them later this hour. Arey lets look how we shaping up in the asian sect session. A muted outlook when it comes to asia. Sophie that is to be expected this morning. Malaysia and the philippines offline, those markets closed. S p addingfutures, 1 10 of 1 . A muted start for asian stocks. Havee earnings sprint, we withnames reporting along Cooper Energy and australia. Lets focus on new zealand. Efforts being made for trading to resume as normal on monday. We saw them close to record high on friday. Operators saying it is working with Security Partners to implement additional measures. Arrangements are in place to allow trading if the website goes down. Japanese politics front and center with several names in the running to replace shinzo abe. Japanese stock volatility picked upfriday, the yen firmi