All 11 s p sectors were negative today. Four big factors weighing on the market, a new record for coronavirus cases, no stimulus we are kicking off the busiest week of earnings, and the election just eight days away. Should investors pare their risk right now . Still, well start with you. If you look at the trend since mid july, we had an up ten, down ten, up ten, now weve pulled back about 5 this is a range around urn certainly. The companies that will report later this week with the big ice on thursday, you name it, thats coming out in terms of where the megacap market tech has been eu putting in additional q curves these are headlinegrabbing dynamics that the market will feel the weight of weve been digesting the stimulus talks for weeks, if not a couple months. I think the market is rangebound. I think traders dont feel like they have to put capital to work before the elections, but i think largely the same backdrop is there were going to talk about the tenyear bond and bond yields
Billionaires index. Raise 30 5ting to billion in hong kong and shanghai. Aviation in australia. Alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. Shery. Shery breaking news out of south korea. We are getting the preliminary thirdquarter gdp numbers and we are seeing the quarter on quarter the economy has grown 1. 9 , which is beating expectations of 1. 3 and this is also coming after its first recession since 2003. We saw a contraction of more than 3 in the previous Second Quarter. Youre on your, still a contraction of 1. 3 but its a much smaller contraction than was expected and it is also a contraction that has eased from the previous quarter. We have seen growth and strength when it comes to south koreas exports and manufacturing industries. Thirdquarter manufacturing actually growing 7. 6 quarter on quarter when you look at the details in the gdp numbers. We have seen the rebound in china. South koreas biggest trading partner helping i
Infections. And 2 weeks after hosting a socalled super spreader event donald trump is set to host hundreds of supporters at the white house in his 1st public appearance since contract in the disease. Im going to get your oscar with your sports jamie butler puts in a performance when he vacation at the miami heat beat the l. A. Lakers to keep the n. B. A. Final say reason light. But its only been in force for a couple of hours but already armenia and azerbaijan a recusing each other of violating a cease fire that is featured region of normal how to block the truce was announced by russia on friday following 10 hours of talks and evolves exchanging prisoners and the bodies of those killed in the conflict hundreds of people have died since fighting flared up at the end of last month. Well armenia and azerbaijan went to war over going to qana but between 19911994 now the contested region is internationally recognized as part of azerbaijan but the majority of the People Living in these red
Then later he tweeted that he would be willing to cut some checks for americans, extend aid to airlines. Joining us now is kevin cirilli. What is really on the table right now . A small, piecemeal approach. Mark meadows was saying earlier that they are still pressing for democrats to do a piecemeal approach. That is a nonstarter with nancy pelosi. The developments coming as the president tweeting that no fiscal stimulus deal would be on the table until after the election. Should biden went on november 3, it would also mean that a fiscal stimulus deal would still come in the lameduck and even in the first calendar week of the year. Guy you are outside of the debate site for tonights debate. How consequential will tonight debate before the outcome of the election . Kevin republicans are hoping to have some type of major trajectory shift. Vice president pence is one of the leaders inside President Trumps inner circle as it relates to the coronavirus response. He is also trying to send bas
Police in france have searched dozens of homes belonging to suspected islamised militants the rates are in connection with last weeks beheading of a teacher in paris a suspect was shot dead shortly after by police the victim some of that party had used cartoons of the muslim Prophet Muhammad to teach students about freedom of expression on sunday people across france took to the streets to honor his memory. Thousands of people came to the plaster lab eprom bleak in paris to show their solidarity with slain teacher Samuel Patton it was here where large groups also gathered following the 2015 Charlie Hebdo attacks. But today people want signs saying just we are saying no or i am a teacher. Many came here to grieve but also to protest they felt compelled to speak out in support of the teacher and freedom of speech. The level before were here to defend the republic liberty equality for turnitin and secularism but it was not just in paris communities came together across the country to reme