Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu
Of taking harsh new policy action against beijing and lets get to Kayla Tausche in washington kayla . Melissa, todays policy announcement by President Trump was essentially a doubling down on pretelegraphed policies that the administration had already announced. Today from the rose garden, President Trump said that the u. S. Would be terminating its relationship with the world health organization, that it would be suspending entry into the u. S. For certain students and researchers that it finds to be affiliated with Chinese Military arms, that it would be starting a study of the Chinese Companies Accounting Practices and exactly what their role within the Financial Markets is with the potential delisting on the table there and studying the economic status of hong kong any possibly eliminating special treatment for that territory in the wake of beijings new National Security law and most of that was already laid out by white house or Administration Officials in the weeks leading up to
Most expect it to end in the Fourth Quarter of this year. If that does not happen, that could really take a chunk out of the rally and make 2020 difficult. Plus, trade. That agreement still has to be signed. President trump indicated that could happen over the next few weeks. Then we are looking at phase 2. 2020 could bring some new risks that are not priced in, at least not now. Kurt certainly something we will be following. Thanks to bloombergs Abigail Doolittle for that update. The final stretch of the Holiday Season and shipping deadlines loom. Amazon cites a decline in fedexs delivery performance. Here with us, spencer, who covers amazon for bloomberg news. What is happening here . Spencer you basically have a big fat vote of noconfidence in fedex from amazon as we enter the Holiday Season. These are the dates that people decide, will i buy this online and hope it gets here in time for christmas or not. Amazon has narrowed the amount of time people are willing to make that call. A
Calls for 2020 what sectors he is betting on. We examine streaming content providers. As disney and apple enter the fray. Peacockl 2021 hold as enters the market. A partial trade deal between the u. S. And china will ease a key risk for investors. The index rose in the wake of the agreement. For more, lets bring it bloombergs Abigail Doolittle. Is this all about the trade agreement . Abigail interesting question, because the euphoria we are feeling today, it would seem that way. Rallyis has been a huge year. 40 ,tocks into october of so we do have solid gains after that fact. The tone was set earlier in the year. Last year, we had that horrible first horrible Fourth Quarter. This year, going into the end of the year, it feels as though traders and managers really trying to hang onto those gains and stoke them. We seem to be having more of that response happening today and probably into year end barring a shocking sort of event that seems unlikely right now. Upgraded today on nonrecover
6070 , some defenders have been in advanced positions since 2014, the new law will actually come into force in midmay, but already this week ukrainian consulates abroad stopped providing services to men of mental age, as such actions were explained in the Relevant Ministry and lets see how the preparations for the increased mobilization are going, then we will discuss together with the lawyer oleg mytsik in our studio it. Questions, long queues, heated arguments, reproachful insults, what a man should serve, you document it, and other documents, in ukraine, you serve. On tuesday , april 23, hundreds of ukrainian men abroad, who came to pick up pre ordered documents, could not receive them. In. The foreign divisions of the stateowned enterprise initially reported technical problems with the document, but within a few hours the minister of Foreign Affairs Dmytro Kuleba published a post in which he announced the ukrainian state has decided to suspend provision of Consular Services to men