For you with Jackie Deangelis watching these markets today, Edward Lawrence has some reporting from washington, well get to edward in a moment but on a friday afternoon jackie we start with you. Reporter well, lets take a look at where the markets finish for the day because the dow started a little bit higher there was optimism about reopening but that petered out because you can see that the dow is down 207 points the s p finished for the day by 17 and the nasdac managing to get out a small gain of three points there but also early optimism about some commentary coming from china about its commitment to the phase i trade deal too, but what really took the wind out of the sales was this report coming out of apple saying that its going to close close to a dozen stores because of spikes in coronavirus cases across the country that have raised concerns so when the market sees apple is a little bit worried the market gets a little worried and they said in a statement and ill just give you
Flooding and landslides. Lets begin with the increasing number of covered 1000 cases worldwide saturday saw the biggest single day rise since the pandemic began with more than 212000 new infections globally the majority of those were in latin america which is now got more cases than europe mexico has been reporting record new infections its now got the 5th highest death toll in the world in israel officials have ordered thousands of people back into quarantine as they deal with the worst surge in new cases since the outbreak began the government has also resumed its controversial phone Surveillance Program to track cases and theres a Record Number of new cases in the philippines its government has been easing quadrantid restrictions well for more on the situation in latin america lets go to our sandals im p. F. C. Whos live for us in bogota so mexico now the 5th highest death toll in the world whats going on there at all the central. Yes rob saturday was another record day in the numbe
A one east reply. As malaysia counsels to contain the code 19 barks coulthard she said been carrying out military style operations across the capital kuala lumpur. In the name of Public Health and safety theyve rounded up illegal Foreign Workers. When you look at these riots you cant help but think is the practical reality of dealing with a pandemic or is it racism. Were treating them like animals this is not the way to treat a migraine what could these little. Human. But you know the levee. Break the window but i didnt need to go to get that i know my foot with each other. When i went to east investigates why so many foreigners of bains locked up in malaysia is locked down. While the poor. Margaret neighborhoods around the sage any identified as areas with high infection rights have been locked in behind bob wire and barricades. This is part of malaysias response to carded 19 across the city people are being taken from their homes fingerprinted tested for the disease and shipped to va
With any recovery increasingly week. And the senate backs a bill to punish china for tightening its grip on hong kong. U. S. Banks may be hit if they continue to do business with beijing. Shery u. S. Futures flat at the open, after we saw u. S. Stocks jumping in late trade. Major indices all gaining at least one present in the regular session, after fluctuating through most of the session. We saw some moves to buy the dip. We have the pandemic in the u. S. Raging. The s p 500 rising the most in a week. Only banks were solidly in the green after regulators eased the volcker rule that will free up capital. We also had mixed data in the u. S. Jobless claims higher than forecast for a second straight week. Take a look at what oil is doing. We are seeing upside pressure, up 1 , around 1 , above 39 a barrel for wti. We saw whale under pressure earlier this week, but russia slashed exports of its crude to the lowest in at least 10 years. That gave crude prices a boost, haidi. Haidi as you men
Worldwide trade has been slashed. Postnba future, we will hear from lebron james. Feeling more risk as we head into the last trading session of the week for asia. Lasttrading flat after the halfhour of frenzied gains, s p 500 up 20 loss in the previous session. Nikkei futures at the moment looking flat. Dollaryen holding at 107. Gainingg dollar index with the exception of the kiwi and aussie dollar. It feels like we will see modest over in spite of concerns increased virus numbers, particularly in the u. S. And globally we are averaging 150,000 new cases per day. The underscores uncertainty. The senate in the u. S. Approving a bipartisan bill that would limit banks doing business with chinese officials involved in hong kong. Tom mackenzie is in beijing. It still has to be signed into law. Given unanimous consent, how likely is it this will be enacted . Tom very likely at this stage. It has bipartisan support in the house and it has been signed off in the senate. It will end up on trump