Abandoned any hope of a virus package before the election. He says a deal will come after the vote. Big tech prepares to defend interests as jack dorsey calls section 230 the most important law for free speech and safety. Get you started with a quick check up on how markets are right now. Sophie kamaruddin. Are set toa stocks resume losses this wednesday and you have nasdaq eminis under pressure early in the Asian Session after we sawtek shares rally. We are watching what is going on with the tech space following amd agreeing to buy a company. Results could provide support for that space. Its a busy calendar for earnings. Withec reporting today sony. In australia, the asx 200 coming online with some Downside Pressure set to extend losses for a fifth straight session while the aussie dollar is holding steady, slightly under pressure, while bond yields are easing ahead of inflation data due from australia. We see a pickup. Lets flip the chart for a broader outlook on where the dollaryen
The nasdaq just inches up. 2 . It spent a lot of time being way down of what a very ugly swoon the house of pain. I get it values is lagged investors are dumping gross stocks at some point today it is pretty much breathtaking fashion. Someone watching these rotations coming and goes over decades of observations tell me how it works well before we gotten the opening bell around 4 00, 4 15 every stock seems to be indicated higher it looks like a big broad base movement that could reverse a huge chunk of last week selloff between five and six being led by tech. There is just one problem. Inge investors have no idea whats coming in the next 48 or 72 hours or however long it takes to count the vote. Everyone is sick of the election they want to make some money in spite of it not because of it. I dont think anything will withstand the fire in the actual Election Results at least not the short term. Traders are determined to make money everyday they are refused to be deter by the virus or the
Ill kiss at the guys and the beautiful women and everyone. Trump there. Sident welcome to bloomberg, a servant welcome to bloomberg surveillance, im Francine Lacqua. Earnings in the u. S. And that could move some banking stocks. Overall, stop think stocks are dropping. Bank stocks are dropping. Period forbusy corporate earnings. After fluctuating something with workers in the u. S. Gulf heading back following hurricane deltas landfall. A major step towards reopening. News. Get the first word here with me is leighann gerrans. Has announcedon bars and clubs will closed in the worst hit parts of england. His Health Advisorys it wont be enough. He says local authorities will need to take more action to take the virus under control in some areas significantly more. Crossing to the u. S. , the confirmation hearing of Amy Coney Barrett descended into a partisan clash over obamacare, the pandemic and President Donald Trump. She cast herself as someone who puts personal preference aside, pointi
I want to thank Ranking Member klobuchar and her staff for working closely with me and my office as we prepared for today and i also want to thank our chairman, the chairman of the full Senate Judiciary committee, senator graham, for his support of this hearing. After i and then senator klobuchar giving our opening remarks, well hear from two panels of witnesses with questions from members of the subcommittee. We have Something Interesting to deal with in the senate and every time they call votes, when they call votes during a subcommittee hearing, were at their mercy. Senator klobuchar and i have both cast our votes on the first of a series of three or four. At some point, were going to have to pause or tag team as we allow other members to sit in for us, just dont be eisenhower sitting on a stone block in the direction of the greatest accomplishments the president of the United States and Supreme Commander of the forces him. Greg on welcome to todays hearing with the policy and Consu
Day. We ask your blessing upon those throughout our country who are suffering so much more each day. Keep safe the firefighters out west. Keep safe those who are responding to the destruction of Hurricane Sally on the gulf coast. Listen to the cries of those who have lost so much as a result of these natural covid rs even as the pandemic weeks its havoc in our communities. Here in the capitol impel with your spirit the members of congress who, more than any others, have the opportunity to address our nations needs. Give them the wisdom and ourage to do so working as a united force for good in these times. Lord, have mercy. May all that is done this day be for your greater honor and glory. Men. The speaker thank you, father. Pursuant to section 4a of House Resolution 967, the journal of the last days proceedings is approved. The pledge of allegiance will be led by the gentlewoman from michigan, ms. Slotkin. Ms. Slotkin i pledge allegiance to the flag of the United States of america and