Changes ahead of its big hong kong listing. New controversy for one of wall streets most powerful Investment Banks this time over Sexual Misconduct allegations. And then ditching sin city, yes, ditching it, one of the biggest casino operators in the world on a plan that would focus the company entirely on mccaw and singapore. Youre watching Worldwide Exchange right here on cnbc on tuesday, october 27th, 2020. Viva las vegas good morning im dominic chu in for Brian Sullivan today. Lets begin with stock futures right now showing relative stability after big losses yesterday. You can see here the s p implied higher by just about seven points the dow implied higher by 37 and the nasdaq by 36 not large gains by any measure implied. However, after yesterdays losses they could be viewed as somewhat stable. A closer look at the dow futures over the past 12 hours were well off our session highs as you can see here and just a hair below the lows of the level we saw in the overnight session as yo
Have a small declines for both small cap and energy and some of those other cyclical sectors. Taking a bit of a break today. Maybe we earned a bit of calm after the storm. Thank you for the update. Affordable care act really got attention yesterday. First, in the challenge to it in the Supreme Court of the united and then from president elect biden who said hed improve, not replace, obamacare. President elect biden well ease headquarter on you and your family. I promise you that. As i said, ill protect your protect it like i like its my own family. Weve been unfortunately consumers weve been significant consumers of headquarter. That starts on building on the Affordable Care act. A dramatic expansion of headquarter coverage and steps to lower headquarter costs. David we welcome one of the arc Affordable Care act, jonathan gruber, professor technical nd assistant to the Obama Administration helping draft the legislation what became the Affordable Care act. Professor, thanks for being wi
And the markets already have a little bit of a hangover, seeing double vision the day after celebrating the dows historic leap to 30,000. The dow and the s p are down. Dow is down about 193. The s p lower by 7. But the nasdaq is sprinting to a record high. Will we see a record high close for it . We will be watching that and much more in this final hour of trade. Los angeles is exactly ten hours away from officially shutting down all Outdoor Dining for three weeks to try and get ahold of the superspreading of the coronavirus. Now we are getting word that the Companies Ready to move record numbers of your online holiday packages may have to shove those aside temporarily in order to deliver lifesaving covid19 vaccines when they are ready. But thats great news for iheart media whose live concerts precovid attracted hundreds of thousands the arenas around the nation. The stock has nearly tripled from its lockdown lows. The ceo bob pittman is here with the radio giants new secret weapon as
Writeoff. As Boris Johnson promised more testing and tracing, which we dont have in the uk, we could sxr would have avoided a second lockdown. President trump raises questions about voter integrity in his rallies as democratic joe biden leads ten points days ahead of the election. The American People will not be silenced over a 90 Million People have already voted. Already voted. Theyve had enough theyve had enough theres too much on the line to sit it out chinas factory activity roars to life in october, expanding at its fastest rate in a decade, sending asian markets higher well, a very warm welcome to street signs. We have a packed week for you, which kicks off with some data lets look at the eurozone final manufacturing pmi for the month of october the eurozone figure has come in at 54. 8, higher than the flash estimate of 54. 4 in terms of whats actually been seen across the eurozone, manufacturing growth in the eurozone soared in october, but the recovery from the severely depres
At the oxford astra. Zeneca vaccine has shown from it. Should have been bring you up to speed plus as market top of the optimism for a covert vaccine. The treasury has halted extensions for emergency relief programs. When to break that down, what that could mean for a swift economic recovery and later tensions continue to rise between the United States and china. As the white house is mulling, new moves against the peoples republic with a packed show today. So lets dive right in. And we leave the program with more positive news in the development of a coping 1000. 00 vaccine after zeneca on monday said late stage trials of its vaccine can it showed it was 90 percent effective, becoming the 3rd drug maker to report similar results. Now the drug which is being developed with Oxford University has long been seen as one of the top contenders in the vaccine race. Now during a Video Conference call, representatives from astra zeneca and Oxford University spoke about distribution and how Comp