It is armageddon, moments ago the president told fox friends, he would not name his nomination to the court until after the services for Justice Ginsburg are completed, he said he would announce friday or saturday. He said he would move quickly, he said time for a vote before the election. Now look at this, a wall street selloff, major leagues, all kinds of problems for investors, election chaos seems to be a certainty that could even be a constitutional crisis of the Supreme Court has to decide the election and there are only eight sitting justices, there could be a tie. A second wave of virus infections has hit europe, especially britain, there are worries and comes here. China holding military maneuvers as a u. S. Envoy heads to taiwan. Grandpa got up and look what you got. The dow will be down 500, maybe 600 points at the opening bell, the s p 53 points lower in the nasdaq down 170, that is a selloff, in a moment you will hear more from the president because later on today he is he
Retail, restaurant, travel, all the same things. Chef tim love, thank you for joining us appreciate the optimism. Have great day. Its felt in the market you too, chef love the dow at session highs up more than 650 points. Yeah. Nice rally here. Well see you this afternoon good morning, everybody. Welcome to squawk alley. Im Carl Quintanilla with Michael Bloomberg and jon fortt coming to you live with separate locations. Session highs up 660, s p 3k since march 5th. Positive headlines on the health care front and fundamental front as countries around the world accelerating the lifting of restrictions 10year 70 basis points not matching last weeks high. Were going to keep our eye on that of course the historic reopening of the New York Stock Exchange our bob pisani has more on todays return hey, bob of course, carl, you and i speaking with Stacey Cunningham just after the opening this morning, stacy was on the floor and a big get for her, Governor Andrew Cuomo ringing the bell with her i
The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t
Higher, the nasdaq also turning positive for the year. And all 11 sectors finley in the green on the s p 500 but, hey, dont look now because over there, in the bond market, yields are still trading near alltime lows, the 10year grows a bit but at 1. 06 yesterday, of course, below 1 so were doing something a little bit different at the top tonight. Everybody ready . Go. Do it, brian. Were going around the table. And i want each of you to give our viewers a simple answer to a sifrp question starting with guy adami. Yes, sir why were we up 1,100 point. The short answer is i have no idea, brian. Thank you. If you ask me to ask, i think joe biden had a lot to do with it you brought up that. Maybe in rert expect, the Global Central Bank nonsense or lunacy kicked in. Maybe we were in an oversold condition. But i got to tell you last night sitting here the same time given the close with the fed news we absolutely retest the 2,900 level. Clearly that didnt happen today. With that said, you know
Is already forced thousands from their homes. And in big changes for african footballs Biggest International tournament the 2021 africa cup of nations in cameroon will start in january. Now russian and syrian warplanes have resumed attacks on province syrias the last remaining rebel held area and thats despite a cease fire that was supposed to come into force on sunday at least 21. 00 people have been killed in recent days the White Helmets rescue group says its recorded more than a dozen violations of that cease fire will have more on the die humanitarian situation in edges but 1st this report from cutting up has what area. The damage caused by one of several airstrikes in the northwest part. Its a bit like survivors trying to salvage whats left i emergency crews combed the rubble to recover the body of a child was there civilians were among the casualties and it lip city i was. Delighted to david to point out that in the afternoon it lapses he was targeted by stroke or 23 jets they h