Across the americas. Texasa sees a record as says covid19 is spreading at unacceptable rates. The u. S. Raises the pressure on Chinese Media organizations, foreigning four more as missions and calling them nothing more than began to outlets. Shery lets get you started. We are seeing u. S. Futures kicking off trading flat at the moment after u. S. Stocks rose. A pretty choppy morning session but technology did manage to lead the advanced. The nasdaq composite rising to a record high, seventh consecutive session of days. The longest winning streak since december. We did get some negative sentiment on rising coronavirus cases in dozen states. The s p 500 did lag this gain across the board. Some sectors like financial and health care under pressure as investors weigh the Economic Impact of a second wave. Take a look at what oil is doing at the moment. Wti right now falling towards the 40 a barrel after finishing at the three month high. We have some demand optimism as states have moved tow
Me. Was. Good luck may well if. Not. For the coronavirus stop the world in its tracks the battle for the future of the Us Democratic party was in full swing back. To clear options would eventually emerge from a pack of candidates with very different visions for the future of the country id like to introduce to you. The senator from vermont drew crowds of thousands as he took on the democratic establishment and promoter polled policies to improve the lives of working people i. Hate. To have. To leave it was. Like ok for although there was a lot more problems also to one night. At a critical moment the democratic establishment coalesce around former Vice President joe biden propelling a familiar face the front of the race. Where you. Can Joe Biden Donald trump oh yeah one hand or both type binders back. Faultlines followed both candidates on the campaign trail in the 2 places that may have mattered most to michigan and South Carolina. Happens up here on i think about what happened here.
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Are right about the Economic Data. This is the point where it is beginning to click in nation to nation, and we are seeing some grim data. I look at the eto screen for the United States later this week, and those are numbers. We l points that where that we have never seen before. Two year yield continues to grind this morning. Francine we also look at renminbi, given what President Trump said about chinese tariffs yesterday. Lets get to first word news with viviana hurtado. Viviana as many as 100,000 americans could die from the new coronavirus, this death toll update coming from donald trump. He said he hopes deaths would total less than 60,000. So far more than 67,000 americans have died. President trump accuses china of trying to cover up the coronavirus outbreak. He promises the u. S. Government would release a conclusive report on the pandemics chinese origins. He also says imposing tariffs on chinese imports would the ultimate punishment and an explosive Associated Press report s