Progress on u. S. china trade talk as the worlds biggest economies discuss technologies consumption, investments and exports fall sharply during the height of the pandemic President Trump accepts the Republican Party nomination taking aim at the democrats accusing them of, quote, trying to steal the election. We have to be very, very careful. This time they are going to try to do it in the whole post office scam. You can see them setting it up watch them carefully we have to win this is the most important election in the history of our country. Some breaking news coming out of germany this morning. From the eve o from t from the ifo data. 92 92. 6 versus the forecast of 92. 2 you may recall back in april when we saw many lockdowns the data started to cross then and we are seeing recovery in those numbers. The ifo Current Conditions is 87. 9 in august forecast was lower and what we are also seeing in the ifo Expectations Index is up to 97. 5 in august versus a forecast of 98 so slightly
Wednesday and this morning, dow indicated down about 170 right now. S p down 21 and nasdaq down by 58 just 4. 5 from its alltime high more about what it has been doing well the nasdaq 4, 6 or whatever you dont call it the nasdaq 100. It is concentrated i heard Brian Sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10 higher or more for year to date not the full year but year to date what weve seen this year broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. Not a total surprise oil hasnt hurt either remember, it was the may contract when it expired at the end of may something theyve never seen us before wti back up to 34. 07. That tells you what people are anticipating it has rallied 70 and only at 34. Right tells you a little about what is happening here also take a look at treasury yields we are around 21 for the 10year. 10year at 0. 664 . Andrew thank you, becky lets bring
Throughout the u. S. And the world with interactive maps. Watch ondemand anytime unfiltered at cspan. Org coronavirus. I am very delighted to welcome you to our event today. Its on a conservative case for class actions, a book written by professor fitzpatrick that galvanized this debate. We have three outstanding speakers, panelists i should say. Our first is the head of the class action practice here it gets indented coach rivera key has litigated in the fitted doubtless class actions including over 20 dismissals of class action cases. So you may have a sense of where his position is on that. He is a graduate of georgetown, undergraduate and the university of Virginia Law School where he was the long review and hes also the author of a chapter in the popular better guide series on 1702 and claims, so please welcome christopher. [applause] our next panelist is professed himself wrote the book. He is a graduate of notre dame where he was runnerup valedictorian, but he made up for that w
Session, not necessarily getting worse. We want to go to global exchange. We are going to bring you todays market moving news from all around the world, from hong kong to riyadh and london, to new delhi, washington and new york. We want to begin with the markets, the overarching story of that russian to safety. Lowestfalling to the since 2016. Joining me is bloombergs dani burger. Walk us through some of the big ones. Dani today is really a day of superlatives. 2016,the lowest since gold jumping to a 2013 hi. 2013 high. As evercore strategists put this, we are in a new phase of the coronavirus outbreak. That is going to give us this kneejerk, gut punch reaction in market. Credit default swaps in europe jumping the most in two years. When you look at both of those see thestoxx 600, you ftse made down, and europe has become the epicenter of the outbreak. That means markets are already very sensitive. These are high beta markets as they stand because of the economic weakness. A lot of wha
Lebanon sinking economy after a deal to form a new government unraveled. Democratic Party Leaders in the u. S. House of representatives how announced have announced impeachment charges against donald trump and makes him only the 4th president to face a formal effort to be removed from office and response trump repeated his assertion that hes the victim of a witch hunt castro reports from washington d. C. Standing before a portrait of one of the nations Founding Fathers George Washington House Democratic leaders made a historic announcement today in service to our duty to the constitution and to our country. The House Committee on the judiciary is introducing 2 articles of impeachment charging the president of the United States donald j. Drum with committing high crimes and misdemeanors the 1st article is abuse of power for withholding security aid and a white house visit with ukraines leader in exchange for political investigations that would benefit trumps reelection the 2nd obstructi