Facebook takes steps to erase the Conspiracy Theory qanon from its platforms. Reporters have claimed that withrities are in cahoots child abusers to undermine the president. Severaloutage disrupts slack users. The ceo will be my guest. All of this on the night of the first and only Vice President of the bay. We will have a preview of what to expect as mike pence takes the stage with Kamala Harris. Stocks climbed to a onemonth high on renewed optimism that u. S. Lawmakers can still reach an agreement on stimulus. A lot to cover, including the reaction of these Big Tech Companies on the back of staff reports. Really a stunning turnaround from yesterday. Not so surprising. When we were chatting yesterday, it seemed that President Trumps tweet could have been a negotiating tactic. Send in the day, he did out a tweet about individual stimulus package. We see over the last few days, a 2 selloff. A big recovery today. Its best level in a month. There are investors looking past the noise and g
Concerns over u. S. National security. The Vice President ial contenders preparing for debates. Kamala harris and mike pence must convince voters that they have what it takes. U. S. Futures opening flat but watch the after our market action. Regeneron gaining more than 3 at one point with president itsalling it antibody antibody a cure. 500 inming after the s p the regular session climbed to a onemonth high, we saw quite a reversal from yesterday. Renewed hopes for a stimulus package, though a though it may be a piecemeal approach. We also have minutes from last month showing fed officials where concerned about the amount of government relief so far. Take a look take a look at oil, this after it fell below. U. S. Stocks on the rise again. Inventories increased by more than 500,000 barrels last week. To see how things are shaping up voice shopping is ahead for asian markets with stopped set to track the gains we saw in u. S. Markets. We are keeping an eye on pharma names. A move could a
Nervous and seeking that safety. Now you have the 10 year yield higher. Over the long run, if that continues, that will actually be a headwind. Today you have to take it as a signal investors not wanting havens. , the new yorkand faang complex, the mega cap tech stocks, that is down 1 . That part of the market is still weighing on the s p 500 while you have the financials and the energy and some of the other cyclical sectors doing well. David talk about that faang index. Earlier you said the real story is not the index, it is what is going on with amazon. What is going on with them . Abigail there two day prime event was last week. If you look at the stocks from that event to today, almost in a correction, down nearly 10 from peak to trough. That is not a great sign. The stock is underperforming its peers by about 5 during that same time. If you have a stock coming out of a bullish event into an Earnings Report suggests that hiphop ahead. Hiccup ahead. A the company could be under pres
Continues to face criticism journalistlling of jamaal khashoggi. The Trump Administration is wideranging Immigration Enforcement arrests last next month. Those raids would take place in cities and jurisdictions that have adopted socalled sanctuary policies. The move is seen as amplifying the president s Law Order Campaign message. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york. I am vonnie quinn. Welcome to bloomberg markets. Stocks are climbing today as lawmakers in the white house appear closer to reaching a stimulus deal, even as a bitter president ial debate raises concerns about a chaotic election. Standing by for the taping debut, set to become one of the most valuable companies. Cuts set by Job Companies in the last 24 hours. The latest as you look ahead to fridays jobs report. It check of the markets now, we are seeing
Where the world of politics meets the world of business. I owe you a word of explanation. We had some technical problems. For those of you on television, you got to see some charts for a bit. Now we are off and running. The first president ial debate takes place in ohio tonight. Kevin cirilli is on the scene in cleveland. Great to have you there. Before we get into the substance of what might be discussed, set the stage. Who will be there, what kind of arena is it, what are the rules moderator chris wallet Chris Wallace will have to enforce . Kevin 90 minutes, uninterrupted , the first time President Trump and go but it will go headtohead and both are giving clues about their strategy based upon who they are surrounding themselves with. Room given then social distance guidelines. Congressman tim ryan, a central democrat, and another centrist democrat in battleground states of ohio and pennsylvania will be meanwhile,den, and we are learning some conservatives in the farright movement of