Still prefer Online Shopping in the time of covid. Aus, facebook, historically staunch free speech supporter, they have cracked down on holocaust deniers and and have asked ads. Is it part of a trend . Recent gains have outpaced prospects for a quick end to the stalemate over fresh economic stimulus. Lets bring in abigail doolittle, following all the back and forth. Not good news for future stimulus. Also, bad news about some of the vaccine trials. Abigail there was a lot of back and forth. A topsyturvy day for stocks. Especially the nasdaq 100, down half a percent, up half a percent. To break a fourday winning streak, for the nasdaq, that was true for the s and p alsos s p 500 that index also. Disappointment that we dont have news on stimulus. Pfizer not continuing right now. A temporary pause for their covid19 vaccine study, as somebody fell unexpectedly sick. The story we have seen all year on a microlevel, uncertainty causing some really choppy trading. Wass p 500, the decline more
A new covert 19 infections. According to the refugee camps on the greek islands are at risk of a devastating corona Virus Outbreak. And on a mission to save lives cuban doctors traveling to corona virus infected countries reject criticism that they are being used to spread propaganda. Or to get in the u. S. Where President Donald Trump says he wants to see social distancing guidelines in place until april 30th to try to slow the spread of the grown a virus the u. S. Has now recorded more than 130000 infections thats more than any other country trump says the outbreak in the u. S. Is likely to peak in 2 weeks. Because youre talking about a potential of up to 2200000000 and some people said it could even be higher than that so youre talking about 2200000 deaths 2200000 people from this. And so if we could hold that down as were saying 2100000 its a horrible number maybe even less but 2100000 so we have between 10200000. We altogether of done a very good. In other developments england ste
The starliner was abandoned. Several things went wrong. It is ferguson told us hard to get autonomous spaceflight right. And may have been better if there was someone in the starliner. Wti down 1. 7 . We were talking to dan denning about that. You can have a look at tv on your bloomberg. Let us get to the european markets. A balance in equity. Carnival is up 7 . Loreal is the best performer. Thosey the ring off claims from carmakers and industrials. It is up. The british pound is sitting in the last bit of rally on this friday. 1. 30. At thecurrent head of Financial Conduct Authority has been picked to succeed mark carney. When we launch this process, we said we were looking for a leader of international standing. Monetary, and at regulatory policy. Andrew bailey we have found that. Lucye joining me is nagin. What do we know about andrew baileys tendency in Monetary Policy . We dont know much. Although we know a huge amount about history and he has been at the bank of england a long ti
The process of formally removing a sitting president in the us has officially moved to the next stage. Democrats announced they will move forward with articles of impeachment against donald trump, making him just the fourth us president in history to face the move. Nancy pelosi made the announcement heres what she said about it. Our democracy is what is at stake. The president leaves us no choice but to act, because he is trying to corrupt, once again, the election for his own benefit. The president has engaged in an abuse of power, undermining our National Security and jeopardising the integrity of oui and jeopardising the integrity of our elections. His actions are in defiance of the vision of our founders and the oath of office that he takes. To preserve, protect and defend the constitution of the United States. President trump has been tweeting furiously in response. the do nothing, radical left lets go back to hear a little bit more. President trump has always denied wrongdoing an
Passesdoing better today session. All major averages gaining and not only that, but building on the gains out of the gate this morning. Similar to what we saw yesterday where stocks had a choppy morning. Then they were up and stayed up at roughly the same level. Take a look. Ive looked at the s p 500 over the past three days. Gaine looking at a 4. 73 over that time. This is the first since december. We have not been having when he as far as this year. When i talk about the groups doing better today, we are talking about cyclical groups, economically sensitive groups. ,e have got materials particularly industrials and tech. That is the theme we have been seeing over the past several sections. Citigroup, bank of america, jp morgan. You could have taken any of the charts and they would have looked very similar to what were seeing today. I am looking at priceline, a rocket today. What is going on . Julie priceline is the biggest contributor to gains, up by 12 . The company came with earnin