Election delay. Another wave, the u. K. In france report record daily virus cases. Good morning. Session volatile yesterday on wall street. Action, s p 500 futures are in the green. Flat on the year on the index. Alongside 50 up 0. 5 asian equities. Dollar index had a firm week, little change this morning, but we are up or the 1 , biggest weekly gain since april for the dollar. Nymex crude getting a lift, 40 a barrel. U. S. Equities, a volatile session fluctuated yesterday erasing this years gains briefly. The jobs data disappointed on top of stimulus talks. Dani burger is digging into it for us. Dani anyone trading yesterday is suffering from whiplash. We did get the s p 500 erasing yeartodate gains, and today it 0. 5 , unclear whether we will get that are not. We had converging forces between hopes for forces, poor jobs numbers, and new housing data that was optimistic. Thing that might comfort about what we saw yesterday, we are getting close to a correction. We need to drop 0. 8 on
Poet louisa glick is honored for her unmistakable poetic voice. Im Claire Richardson and welcome to the show berlin has been declared a coronavirus hot spot as the number of new cases that passed a critical threshold the german capital had already announced the introduction of tougher restrictions the countrys a Disease Control agency is also warning that the spread of the corona virus nationwide could become a quote under control if people fail to keep to hygiene and distancing rules german chancellor Angela Merkel says she doesnt want a repeat of what happened in spring when europes a large just economy went into lockdown. More than a foot has a new infections in the past day thats germanys highest rate since april when the kountry was to knock down has minister yen span want of growing complacency in the population and called for responsible behavior the next 6w8xw people cooperate the chances of the virus spreading will drop dramatically like that if theyre good at this and they ma
By was johnsons plan passes its first hurdle in parliament. But he faces big obstacles in the house of lords. Heated debate President Trump clashes with california state officials over whether Climate Change is causing wildfires in the region. And the acts falls at the the citi,lls at citigroup resuming job cuts. Anna absolutely, lets talk about the jobs market, specifically in the u. K. , we are getting jobs numbers coming through. Jobless claims arising by 73,700 in august. To give you some context to that, that is lower than the previous number. In the prior month, jobless claims numbers rose by 94,000 in july. Perhaps if you are looking at that rate of change or the pace of the surge we have seen in jobless claims, it is not as much as last month, but we are living in a very strange o job market in the uk given the furlough scheme that is keeping in a lifesupport certain businesses thereby limiting the number of jobless claims. In the unemployment rate, the same applies. For threeo
Hours. Thats going to be the issue, some drifts of smoke coming into parts of the bay area. Not all of us will start to see that smoke today as we look at what were expecting mostly for the north bay as well as the inland east bay. Thats where we will have the moderate air quality looking better for the south bay. Well talk more about whats ahead in the forecast coming up. Mike, how is it looking now for the morning commute . The big view, kari, shows us green sensors as we would imagine. In oakland we dont have the overnight construction but we did have a crash, the second one of the morning for the nimitz. Its on the shoulder. Over here a look at 680 south of 24 heading out of walnut creek weve gone to green from red over the last ten minutes. I think the overnight crew there has cleared from just south of the walnut creek interchange and things are moving nicely on the freeways. Slowing out of the altamont pass. Back to you. Americans remembering and reflecting on Justice Ruth Bader
President trump refuses to commit to if he loses the election. He says he could try to accelerate the vaccine approval process ahead of november 3rd. Just 6 00 a. M. Here in the si of london. Ma us in is off today. Lets get a look at the markets. The nasdaq dropping below 3 . The benchmark in asia down more than 1. 5 . Futures, there you all in the red. Move over the board. Lets look at what happened across as set. The dollar still on course for the strongest week since april. Were up. 1 of a percent. Trading below 1900. Citi says more upside. And Morgan Stanley taking the flip side. Well talk about that later. The crude just under 4 a barrel. John authors hes without a piece. He says this bout of stock market angst looks much darker. Earlier sell offs is an intent to correct excessive prices in companies. Dominant he said we took things too far as we might have taken things in completely the wrong direction. Lets digest all of this with georgette, senior analyst. We had this selloff.