Cases, we talk about it every day. We need to im starting, i dont know what youre hearing, im starting to see anecdotal evidence that things are slowing down a bit in the economy. Im getting that too. Im getting people who are saying, i really would want to make a big spend, this is in terms of the big tech spend, for instance, i got to figure out what is going on or when are people coming back, are people ever going to come back . This stay at home versus go back to work, we thought it was resolved, we thought that things it was just a matter of time before you go back to work and those involve big Corporate Capital spending decisions and i think that those decisions are right now on the balance, because people dont know whether this thing is just going to continue to rage. I think we can expect it to continue to rage for the foreseeable future until the vaccine is widely available. There are people people are starting to curb their behavior thats what im referring to, and there are c
Mccabe grilled on capitol hill yesterday over the russia hoax, defending the investigation. But admitting he would not have signed off on the fisa warrant to wiretap carter page again, the very latest coming up. Markets this morning are rallying. A triple digit move this morning with the dow industrials up 190 points, nasdaq up 120 of, s p 500 higher by 25. This after a mixed day on wall street yesterday where Technology Stocks took a hit and cyclical stocks found new life. We will get into it with the dow industrials up 262 yesterday, the nasdaq down 159 at the close and the s p 500 yesterday down about 5 points. Jobs in america, employers are seeing a growth in job openings that rival prepandemic levels. Where are the jobs . We investigate. Plus, insure your bird, Financial Coverage for the centerpiece of the big thanksgiving day meal making a buzz this morning. Mornings with maria is live right now. Maria lets check european markets this morning. We look at a gain there was well. Th
Multiple seeking challenges in the rise of yonperforming loans, so m second question is on banks. The general counsel discuss the onond containment measures european banks . Thank you. Thank you very much for your question. Tltro is a longterm refinancing scheme that is really intended help the financing of the economy because banks are offered very attractive terms in order and provided that the lind to the economy. It is not that they lend to the economy. It is not that it was a very generous package of refinancing without any conditionalities. The banks are going to only be eligible to the very attractive rate of 100 basis points provided that they lend at least as much as they did to the economy. So that is number one. It is an encouragement to finance the economy. And all sectors of the economy, not just large corporate accounts. It is focused on small and mediumsized enterprises. Through the enlargement of collateral pools, we make sure it can reached the small osborne orders and
Hour, likely to confirm thirdquarter results that beat forecasts. The first since the patriarch. It may losewarning Legal Protection over user content. Lawmakers accuse platforms of abusing their power for political speech as the election nears. First, lets get you started with a quick check of the markets. Sophie kamaruddin in hong kong. Sophie after the steep losses we saw for u. S. And european stocks, we are looking for a downside move here in asia with earnings also in focus and we have u. S. Futures edging higher early in this session. We do have aussie shares under pressure, off by. 4 this morning. This after the tech lead rebound we saw wednesday looking shortlived. And set under pressure, falling 3 after recording a 42 slump in profit. Those results coming in line with analyst estimates. Check out the aussie dollar holding about 70 but trading near a nine day. It could be in the making the next few days. Metzler about the board to check in on some other assets in focus. We are
Timeline for a meeting. Hasident trump warning he he is looking other Companies Including alibaba. Proving theto be adage, first in, first out. It could be the only major nation to grow this year. New zealand reports more infections, weakening its reputation as a covid19 beater. The Prime Minister is preparing to speak. She may delay the election. Shery lets get a quick check of markets. U. S. Futures rising at the open. We are seeing futures up to tencent 1 . This after u. S. Stocks ended the session mixed. Fluctuating throughout the session for much of the day. Just to fall slightly negative territory with utilities and health care. Recover any the u. S. Has slowed. We also have stimulus talks remaining at a stalemate. The nasdaq fell to 10 sub 1 while the dow was fell 2 10 of 1 . Signs of been some Energy Demand recovery in the u. S. That is gaining tracking gaining traction. Crude gaining a quarter of half a half of 1 . Same for brent crude, which is nearing 45 a barrel. We had ame