In the last 10 days. The u. S. And china trade new barbs. Washington rejects chinas claim to the South China Sea. Top u. S. Senators are facing mainland sanctions. Haidi u. S. China sentiments dominating again with the grim overlay of rolling back restrictions around the world. This is how we are shaping up when it comes to u. S. Futures contracts, up by. 2 after what was a truly volatile session. We had the s p 500 touching levels prepandemic and we also have the nasdaq hitting a fresh record before finishing in the red and we spoke about tesla being a huge part of that tech eventual close lower. Nikkei futures up by. 2 percent. Sydney futures escalating in the red, point 8 lower, looking like a set up of. 5 lower, this as we are expecting an announcement today that the fed of New South Wales will ease back those restrictions when it comes to indoor gatherings at pubs after cases coming from the pubs. It is now over 20. New zealand trading modestly higher, about. 25 . Some significant
Holla Frank Holland. Stock futures are hovering arnt flat after a lateday rally yesterday as investors brushed off continued increases in covid19 cases around the u. S. The nasdaq leading the charge rising nearly 1. 5 to close. Its the 25th record close for the index this year. Take a quick look at the bond market, the 10year yield trading around. 65 . Well go worldwide now karen cho is in the london news room with the overseas action. Well get to karen in just a minute well get worldwide in just a minute first, lets get a check on this mornings top stories. Of course, a lot going on with the economy. Covid19 openings and reclosings well continue to keep a close eye. Right now our leslie picker is here to join us with more. Good morning. Walt disney world will resume selling Theme Park Tickets and taking Hotel Reservations today. The Company Announced the move yesterday after suspending the sales amid the coronavirus outbreak disney will open the Magic Kingdom and animal kingdoms this
Biontech, seeing a bounce. We know that pfizer is not a hype company its a big conservative company. When it sees things that are not working it is quick to say it. When it sees things that are working it is long to say it in other words, this is not a company that is a brag Guard Company so i am very surprised to see them come out this early. They must feel a level of confidence that is extraordinary versus what they typically do. David, youve known pfizer for very long, you know that pfizer is one of those companies that i guess you would regard as stodgy and certainly not a company that likes to get ahead of itself no. You would have to put it in that category, i think, so it is interesting that this has been shared as meg said and as we know 24 patients, jim, is not a lot. Very positive it would appear at this point i think always important to mention, though, that when we talk about a vaccine we are talking about the need for largescale trials as soon as possible because, of cours
This is the us the one business show you cant afford to miss something. In washington coming up a former Morgan Stanley chairman says the u. S. Dollar will almost certainly crash thanks to Government Debt and right now more than ever and as we look at our church reopen well tell you just how much money is that stake and what both pandemic hollywood may look like have a packed show for you today so lets go and dive right in. Big news for one of the Fastest Growing messaging companies in the world as russia has now officially lifted the ban on the private messaging Service Telegram russian Officials Say the ban was lifted after the company showed willingness to help with counterterrorism efforts telegram is a messaging company with over 400000000 active monthly users and it had been banned in russia. 20 teen Communications Watchdog common a odd source said in a statement ross codd the war is dropping its demands to restrict access to Telegram Messenger in agreement with russias general P
Monthly active users which is more than double what it was just about 2 years ago now is this ban a simple or simple just to losing a fight. It was a losing fight from the start really it was very similar to chinas restrictions when it came to blocking certain sites i just facebook this ban was also pretty ineffective as vendors point out russian continue to find ways to use telegram and over the course of this 2 year ban telegram actually increased its user base in russia from 10. 00 to 30000000. 00 users and it wasnt just because russian users were that tech savvy to be able to find ways to proxy in and around it telegram was actually also quite smart about it and use a technique called domain fronting in order to get around the block for the 2 years now this method essentially host a service on another companys system such as google and amazon and effectively hides the traffic sources so as a result walk telegraph and turn to look use google and amazon holsteins there is it so it lo