Stake. And, one more reason to leave the bay area. Devastating wildfires burning through californias wine country again. We will take stock of the damage. Those stories and more. Vmware shares up today on the back of vm world. Overall, the rebound faded today. Lets get a complete picture with Sarah Ponczek in new york. We just got some breaking news out of disney. Offcompany now laying 28,000 workers in its parks business. They had been struggling in the midst of the pandemic. Many of these workers had been furloughed with benefits but now they will be officially losing their jobs. More devastating news. Weit is just a reminder that could see more layoffs as the labor market improves. On,fact that, as time goes if we do not resume normalcy, Companies May have to make amends. And that could mean further layoffs. When you look at the Broader Market today, it was really a wait and see day. Volumes across the major stock exchanges, the lowest Trading Volume in over a month. Onlly waiting a
They will maintain normal Monetary Policy for as long as possible. President trump plans a Campaign Event in orlando as his doctor says he is not a transmission risk. Australia debates evening travel curbs although the u. S. And europe are not on the list. Shery u. S. Futures are coming after, down about 0. 25 , we saw the biggest weekly increase in u. S. Stocks since july. President trump an offer to democrats. Nasdaqs futures under pressure. We have some deals among chipmakers leading them higher. Take a look at what oil is doing at the moment. We continue to move downward. Still at the 40 per barrel level. The biggest weekly gain since june. Hurricane delta and libya saying that they will start production on their biggest oilfield. We have demand concerns. Not so much since hurricane delta has been losing force. Sophie . Stocks went to a high this monday. After the long weekend, the check on free and trade this morning. We will get an outlook from india. In sydney we are watching th
Prepare for their first debate. Says it is close to compromise in australia that would force it to pay for news desk get a quick check of the market. Usurers are under pressure. Futures are under pressure. The s p 500 lost half a percent in the regular session. The volume was lower than the 20 Day Moving Average given that we had the first president ial debate coming up at about three hours. Data was positive. Consumer, its jumping u. S. Consumer confidence was jumping. Companies imported more on demand. That news sent the dollar weaker. We got some fiscal stimulus negotiations and talk about a potential deal continuing to affect the markets. Look at what oil is doing. It continues to fall down toward 39 per barrel. Thats the lowest level in two weeks. It is plunging below the 100 Day Moving Average for the First Time Since june. Top traders are saying that oil will not meaningfully recover for at least another 18 months. The resilience of the chinese economy that drives the ecocalenda
Coronavirus. San francisco has kept cases and deaths below the rest of the state by aggressive sheltering in place. Forr london breed joins me an exclusive interview as restaurants and places of worship start to reopen him and her outlook of the citys new normal. Tiktokk, twitter, and continue to crackdown on death wishes for the president. Our interview with the star of netflixs hit documentary the social dilemma. Markets soaring into the green amid optimism that President Trump will make a recovery and prospects of a stimulus deal. Investors liking what they are seeing despite the president s doctor questioning and saying that he may still not be out of the woods. Abigail certainly a risk on tone out of the gate. Investors, whether they are reassured by President Trumps health status, the earnings season coming up, whatever the risk onas we had this appetite. Technical, those are the fundamentals given the selloff we saw on friday. A panic selloff since it was never can never confirm
Employees are walking off the job after the ceo barred political activism at work. We will have a live report. Venture a longtime capitalist who just took his company opendoor public dont just for look at public and private markets amidst a pandemic and an election. First, stocks climbing on speculation a stimulus plan will get done. Doolittle, walk us through the Market Action today. Abigail something a bit new today, thats the fact that markets were relatively calm, although the word relatively is important. We did have a bullish ending for stocks, the s p 500 finishing at its best level since early september, and for the most part stocks were higher all day. There was one little wobble late in the morning here on the east coast when speaker of the house nancy pelosi said she wont accept a skinny deal on the airline stimulus are bailout for the airlines unless it is colluded included in a bigger deal. Action withe more the dow transport, another. 8 percent. About then that headline c