Fears. Republicans are sounding more optimistic about fresh fiscal support while u. S. Virus cases spiral. Good monday morning. 6 00 a. M. In london, 7 00 a. M. In brussels, where brexit negotiations are taking place over the weekend. Lets see where we trade this monday morning. We did not get a brexit deal. What we do see after the friday rally, the s p 500, the doubt, the russell the dow, the russell, all hitting new highs. The u. S. Plans to add sanctions on about a dozen chinese officials. The msci down about 0. 2 this morning. Many futures are down 0. 3 . 10year yield on friday inching closer to 1 , a level we havent seen since march, steepening on the t the largest steepening since 2017. This is on fresh stimulus talks. The pound, we saw some softness. The pound is the barometer for brexit, and brexit negotiations resumed in brussels yesterday. Signs one of the biggest obstacles to a trade deal is close to being resolved. U. K. And eu are hoping to finalize the deal, but another
Arizona for biden. Dow is up 191. Were going to start with disney though and a surge for shares this morning following the strong earnings last night and that enormous pop for disney plus subs. Julia boorstin is going to break that down for us hey, julia carl, disney plus accrued 73 Million Subscribers. The companys 120 million paid Digital Subscribers are a bright spot the company says suspension of the next semiannual dividend is in part to priority the direct to consumer initiatives. Its very clear what the new content has subscribers. I think youll see continued increase in investment and then that will fuel some of the growth that christine will talk about at the Investor Conference that we expect on december 10th. The company says theyre reassured by booking trends that cruise ship bookings for next year are very strong pushing to open disneys closed california parks, he called californias restrictions arbitrary. Were very encouraged by the prospect of a potential vaccine. Were e
Nevertheless, there is a huge amount of false and misleading information strong winds, especially in the sloshing on line about what some south. Strong went combined with a high tide means they could be the people claim to be the risk which is chance of flooding. All the details com pletely people claim to be the risk which is completely unfounded. The potential throughout this mornings programme. Risks of taking the vaccine are its sunday the 15th of november. Unfounded. An agreement between our top story this morning is a call for social Media Companies facebook, twitter and google and to face tough financial and criminal penalties if they fail to clamp down others and government to take steps to work with Public Health on anti vaccine content. With a Coronavirus Vaccine authorities and also to sign up to a on the way, labour wants principle of not profiting from any the government to bring in emergency laws to deal with what they describe as dangerous online material. Misinformation
Deaths, and germany reports is highest fatalities since april. Brazil is resuming trials of chinas vaccine amid claims the original was political. Joe biden held his first calls with political leaders in tokyo and ellis and dolores seol. And calls for stronger twoway ties. He also wants to meet biden as soon as possible. Korean president moon called for a stronger aligns with the u. S. And said they agreed to Work Together on the virus and climate change. Financial markets in the philippines will remain closed as another powerful storm heads across. At least one person has already been killed. Currency and trading has been suspended. The typhoon is the 21st storm to hit the philippines this year. Winds gusting to 250 kilometers per hour. It is then forecast track towards vietnam. Global news, 20 four hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. Im Karina Mitchell, this is bloomberg. Lets get a look at the
Nonessential work, movement and gatherings are prohibited between 10 0 oc0 p. M. And 5 00 a. M. Dr. Mark galley says cases are rising higher and faster and more stringent actions may be needed if we cant flatten the curve quickly. We know and weve seen in the past that covid goes from zero to 60 Miles Per Hour very quickly. That were in a place today but that can rapidly change. Maybe not statewide, maybe just in the hand full of counties but further restrictions is what we hope to avoid. We hope todays actions, our collective coming together, our resol resolve to keep our protective behaviors up will stem the tide and bring the surging numbers down. Now the states 14day Positivity Rate is at 5 . Up from 3. 3 just two weeks ago. The Santa Clara County is one of the counties affected by the curfew. The Sheriffs Office saying quote the sucurfew will be anotr tool to enforce the law. The primary focus will be on more serious crimes in the community. We heard from San Francisco county not