Will try to fill in his space as he expresses his culinary abilities. Francine we will get clarification on what he is working on. Lets get to the bloomberg first word news in new york city with ritika gupta. Ritika good morning. S p global is on the verge of a giant deal in the Financial Information industry. Bloomberg has learned that the company is in advanced talks to for 44s markets billion. An agreement could be announced as soon as today. It would be the second biggest deal of the year. President trumps coronavirus taskforces propping promising a rapid rollout of the vaccine to 2 million americans i the end of the year. The Surgeon General expects that most americans will have access by early in the second quarter. He says the government hopes to quickly ok requests from two drugmakers for emergency approval of their vaccines. A group of opecplus ministers could reach an agreement on whether to delay januarys oil a fullincrease, before meeting of the cartel and its allies today.
The Federalist Society is founded on the freedoms that the separation of governmental powers is central to our constitution and that is emphatically the province and duty of the judiciary to tell you what the law is, not what it should be. The society seeks to promote both an awareness of these principles and to further their application. Now, you may notice i have an adam smith tie on today, and that is not because we have an economic historian coming to speak to us, but it is because adam smith was principally an educator. He was a professor and a private tutor, and he was beloved by his students. And marcus witcher, you have seen throughout the day, is known as a very exuberant, enthusiastic educator. I first met marcus several years ago at an institute, or you may say a conference, i spoke, and then he followed me. He later told me, and i mean years later, that he was so relieved that i went first, because i did not do such a good job, i made it so much easier for him to follow. [l
Swing up to 50 points. This is going to be a bit of a wild roller coaster this morning. We are anticipating more comments coming from the president as he continues to have these meetings at the g7. This can be very far, wide ranging and a lot of things can get comment on youll see the futures potentially move around on all of this. The nasdaq is up by 82 points. S p up by 20 coming after a big down day on the markets on friday when the dow was down by 623 points that pushed the major average down for four weeks in a row and you are looking at august being a month where well see declines very likely. The only other month we have seen declines is the month of may. Ten year looks like 1. 49 . The two year 1. 45 obviously these markets keying off everything thats happening out of the g7, too lets get right to aimen javers in france at what has been a wild and memorable meeting aimen, good luck wrapping this all up for us. Reporter yeah, absolutely, becky. Let me start with the comments the
We see a new alltime high on the s p 500. A very good morning from new york city under audiences worldwide. Alongside manus cranny and katie. Im carol massar. We are also watching oil closely backing off. We want to get to the market boards for you. It is coming after a 2. 7 gain yesterday as we continue to be concerned about escalation in the middle east. Lets bring in the team. Once again i feel like we expect it to be a quiet day but the themes continue. You see oil taking a bit of a breather. That was after a pretty dramatic tuesday that we saw. I know we were asking the question about what was going to wake oil up. What a slide its been since midoctober. It seems in geopolitical premium coming in. Im surprised the 6 is all we got in terms of the repricing. In the past 24 hours we discussed the attacks in the red sea and the u. S. Approach to iraq but the overnight news is about the conversations between joe biden and the qataris. This is about hostage release, this is about pushin
S p up six, nasdaq driving the gains were seeing today, up 83 points. All of this as the yield on the tenyear has pulled back after the adp report showed much less hiring than expected last month. Theres the tenyear just under 4. 75 and of course, we are now waiting for the Big Government jobs report on friday. Weve got all the market ripple effects covered. Bob pisani looking at what this could do to buybacks which has been a balloon under stocks for a long time. Diana olick on the impact on home builders. Rick santelli in chicago. Lets start with dominic chu on the dollar. The value of the u. S. Dollar has risen by roughly 10 over the last three months. And with an estimated 40 of s p 500 revenues coming from outside the u. S. , that rising u. S. Dollar could be a potential headwind for those u. S. Companies and their profits and revenue reports coming in the coming weeks and months, now, with regard to some of the companies that could face some of the biggest headwinds, we looked at