1 ,s p up by nine tens of tech leading the charge. European markets underperforming but the ftse 100 pushing on gains over the last hour. Most european markets gained early than flatlining into the afternoon. We are seeing a bit of a return to the dollar this afternoon, still trading at the 118. 119 earlier on and security markets continue to be in focus as the ecb suggests there may be rates that could be cut further. Lets start off our conversation on the u. K. Labor market which took a turn for the worse in july. Total job losses climbed to nearly 700,000 since the start of the pandemic. Tois considering plans support jobs as per the government cost Furlough Program ending next month. Businesses need support which is why many of the intervention we have put in place lasts the last through the next year. I have not hesitated to act and create effective ways to support jobs and employment and we will continue to do so. From brusselsg us is Vincent Juvyns from jp morgan. Sunak may be s
Throws its weight behind the World Health Organization and says any vaccine success will be shared by all. President xi says cooperation is vital. It was really this help vaccine help on this vaccine obnoxious safety but also the immune response effort to see vaccine that really de u. S. Stocks higher. We did have the s p gaining more than 3 . U. S. Stocks surging the most in six weeks on the promising early results. That has led to a pretty steady sense of positivity. We are seeing u. S. Futures as well as trading in new zealand. Australian futures among one of the asian features that are trading up by over 2 . In fact, the highest since march 11. We are seeing highs for hong kong and japan futures going into the start of trading in asia. Lets get more on china. Xi jinping is promising to make any Coronavirus Vaccine universally available once it is developed. This as he reiterated beijings support for the World Health Organization. The pledge is part of efforts to defuse criticism of
For hedge funds. The Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you back with us on this friday. We have a super sized Investment Committee, josh brown, jon fortt, steve wise, meghan shoe is here, kate moore, also with us today, deproveco lake owes. Lets win with the market stocks as we know by now are lower. It is the move in key areas like bonds that we are watching very closely today. Kate moore, ten year hits 145. The ten i dont remember keeled down 30 to date 30 year yield record low is this a sign that a Tipping Point for stocks is in fact closer i dont think so many things have been affecting the bond market. The liquidity push from Central Banks into the bond market i dont think we should take too much signal from yields today and say at this point we are at an inflection and that equity markets have tosell off as a result everyone is looking for an excuse there is a lot of uncertainty, a lot of anxiety about the move we have ha
Well. Since 1999 more than 700,000 people have died from a Drug Overdose in the United States. Increased opioid addiction and a production of deadly synthetic opioids have exasperated american staggering overdosed death rate. In 2017, more than 70000 people died from Drug Overdoses making it the leading cause of injury related death in the United States. Of those, 60 involve prescription opioids and illicit opioid such as fentanyl. Americans fared no better against Opioid Epidemic in 2018 when more than 10 Million People aged 12 or older of abused opioid in 2 Million People suffered from an opioid use disorder and on average 130 americans died each day from an opioid openers. We did not know that some cost and disrupted lives or untimely deaths from widespread misuse of prescription and nonprescription opioids but we know from our family, our neighbors and our friend who bear the enduring lost loved ones that the opio crisis is not over. We must continue contending with this crisis. Th
And i believe senator durbin has some opening remarks. We will dive into the witness testimony as well. 1999, more than 700,000 people have died from a Drug Overdose in the United States. Increased opioid addiction in the production of deadly synthetic opioids has exasperated americans staggering overdose death rates. Than 70,000 people died from Drug Overdoses, making it the leading cause of injury related death in the United States. Of those, 68 involved prescription opioids and illicit opioids such as fentanyl. Americans fared no better against the epidemic in 2018 when more than 10 Million People aged 12 or older abused opioids. 2 Million People suffered from an opioid use disorder, and on average 130 americans tied each day from an opioid overdose. Cost and know the disrupted lives and untimely deaths from widespread misuse of prescription and nonprescription opioids. We know from our family, our neighbors and our friends who bear the enduring imprint of lost love ones that the Op