Arrows dow futures indicated down by about 260. Weve seen down 300 this morning. Nasdaq also down sharply down by 200 points and the s p 500 down by about 37 so significant declines after two other days of losses also playing out in the treasury markets as well. If you want to take a look at what is happening there, yields have gone down, right now the ten year is yield iing below 0. a lot of this has to do with renewed lockdowns in europe. Lets get to karen cho who has more on what is happening there. Thank you very much we are witnessing losses across the markets as we contend with more news flow around more severe restrictions. Weve been hearing the last couple hour 24s that there may moves announced later on today, reports from various Media Outlets suggesting that london will move to a tier two restrictions the london mayor has spoken suggesting that the Health Secretary will reveal the changes in the house of commons. No mingling between households currently there is a rule of si
Beijings anger appeared Cotton Australia says chinese mills are being told to halt imports. The last day of campaigning for saturdays election indicating the Prime Minister will be a comfortable winner. Futurese are seeing you coming online at a 10th of 1 higher. Does after we saw u. S. Stocks session. N the regular had surging virus cases in new york. Not to mention the stimulus talks in the u. S. Remains stalled. The s p 500 fell 2 10 of 1 . Financials and real estate higher. The afternoon session solve sawical shares session cyclical gains. Jobless claims unexpectedly rising last week. We also had the dollar gaining ground the most in three weeks. Take a look at what oil is doing. It remains under pressure. It is around the 40 a barrel level. We saw the continued pressure following the jobless claims data. We saw a rebound in prices and a than york session after we had data that fuel inventories were lower and that eased some of the demand concerns. Lets see how asia is shaping up.
After the election we start off with the stimulus shocker that sank stocks melissa, the president announced this on twitter saying that he had made a generous offer, but that House Speaker nancy pelosi was not negotiating in good faith. He wrote trump had a call with the treasury secretary and the Top Republicans in the house and senate to talk about another relief package mnuchin and pelosi were to get on the phone to hash out a deal, but clearly that has been upended. Pelosi was in the middle of a call with her caucus when it came out i am told that privately she responded by questioning the president S Mental Health and suggested that it may be impairing his thinking what she said was melissa, pelosi and ma knnuchind a phone call at 3 30 was there any indication she what give in i dont think she was willing to do that a shocker out of d. C. This afternoon. That had an Immediate Impact on stocks which saw stocks immediately reversed i think brian was the only guy on the desk who said
The Ingraham Angle from washington tonight. Just tonight Defense Secretary lloyd austin announced each branch of the u. S. Military will schedule a 60 day standdown to allow each service to have needed discussions on extremism in the ranks. We will talk about this in same course of action with ron desantis and Newt Gingrich and moments. But first, no ransom for Hostage Takers. Thats the focus of tonights angle. This week, i reminded why a Record Number of americans turned out to vote for donald trump in november. Like Tens Of Thousands of people would show up at his rallies and wait for hours and extreme heat and bitter cold. They stuck with him during Shame Impeachments and the mueller investigation. They did all this because to them, he was a lasting standing between their families in the leftwing mob. Before trump, conservatives had become used to milquetoast Establishment Republicans whose first instinct is to buckle when criticized in the New York Times or washington post. Even th
Democrats and even some are public and say that President Donald Trump executive orders are and ovaries because constitutionally hundreds controls the federal purse, they were not saved they are planning to legally charge the orders but it is not off the table. It has the illusion of saying going to have a moratorium on evictions it says we are going to ask folks in charge to study if thats feasible. If the democrats want to challenge us in court and hold up wanted if it to those hard working americans out of a job theyre going to analytics planning to do. Reporter if there are legal challenges the money can be tied up for months and the timing is unclear when or if americans will see that extra money from the executive orders. The speaker called the president s announcement unworkable, weak and narrow. The next deadline is at the end of september, congress will have to figure it out by then. Democratic leaders seem to suggest they will come to an agreement eventually. The bottom line