Call it a 25 million what if why new comments from President Trump have the media folks getting social media on their side over exxon. And later on, steal a xwas gebaa taco why fans have a new reason to tune into the world series and why prices are sky high for the seats. It is thus, octobuesday, octobe this is boais worldwide exchan got too much time on my hands all right, good morning, good afternoon, good evening from wherever you may be im Brian Sullivan throwing out a little styx and here is another song quote see if you get it. 2020 24 hours to go and maybe the markets want to be sedated that after yesterdays 400 point haircut for the dow and 1. 5 drop on the nasdaq the markets nervous about the nancy pelosi imposed stimulus deadline in 24 hours and maybe also starting to think about much higher taxes if we see a blue sweep but right now, the futures are reversing just a bit not indicating that they will gain back what we lost, but dow futures are up 150 and of course context alw
Going after one company that is very close to home we are closing to a working vaccine than you might think so says biotech expert here with us on this tuesday, september 22 this is cnbc. Good morning good afternoon good evening welcome wherever in the world you may be watching. It is a jam packed show today nasdaq futures with an implied open actually in the green this is all ahead of another downed day and major average the dow dropping another 500 points for the third day in a row. The first fourday losing streak since september. The nasdaq is on pace for the worst month since march. Index now down 8. 5 since the first. If we lose more than 10. 8 , it would be the worst monthly performance for the nasdaq worse than the march lockdown month. It looks like nelson may have nailed it. He sent out a note saying the nasdaq could fall 20 because it was just too overextended. Speaking of all of the stocks in the index, only 10 are higher in september they include zoom, seattle genetics, ali
In a single session. Its worst ever single day. British drug giant astrazeneca halts the trial for safety review after an illness during its test. And British Airlines shares open lower ragging on the travel sector. A ton of Market Action here in europe. Lets look at how the markets are opening in the session a rebound coming together. Yesterday, the main benchmark dropped to 1. 61 in italian and french stocks. The market up and the cac 40 up 0. 7 initially, there was signs of trading coming through in the early moments on the back of this news late yesterday that they have halted their trials as one participant in the trial has fallen ill not enough to get the market down we are seeing positive momentum now. Lets look at positive sectors we have oil and gas up, telecom up and we saw the Oil Price Plunge wti falling 7. 6 brent down and we are seeing a bounce now utilities and majors are the best market. We have travel and leisure taking the biggest hit down 4. 4 we have a few stories c
Tom up mount marcy, down mount marcy, across saranac lake. Unbelievable. Jon ferro still on sabbatical. People say, why are you here . To be honest, its because i was moving. Theres a lot of that going on. While you were gone, we got some housing data. One of the things we got out there is a booming Housing Market with the haves. Lisa people who can buy houses will, although people who can be at work and avoid being tormented for being off for one week may do so. Maybe jon will prolong his vacation in order to not be lambasted for being on a sabbatical. What about you . Arent you going to do some portage . I heard you love that. Tom no, we are going to try to get the kids back to school and move forward. We welcome you back on bloomberg television, bloomberg radio. Everyone hearing about this challenge of virtual learning, back in the classroom. Simply getting people back to the office. The summary is it is not happening, is it . Lisa no. My youngest kid is beginning school today onlin
Problems persist. The white house and democrats failed to strike a deal on stimulus. The chief of staff says the differences are still significant. Julys job report looms. Welcome to daybreak europe. We are seeing red on the screen, but it is china and hong kong bearing the brunt of the losses, and in particular tencent after the president s move to ban tiktok. In terms of what we have been seeing, the u. S. Benchmark is getting close to a record this week. Global equities heading to a weekly gain, but that perhaps faltering slightly on this latest rise in geopolitical tension. We also see some weakening in the yuan. Ae dollar strengthening on broad basis, looking at the bloomberg dollar index. Acting like that safe haven again with these tensions and concerns rising. The 10 year yield also reflecting the risk of sentiment. Lets get more details on that story as trump moves to ban tiktok. The u. S. President signed an exec at of order prohibiting residents from doing any business with