Good wednesday morning im Caro Quintanilla with jon fortt and Julia Boorstin with us dow down 800, worst drop since about june 11th, on covid worries in the europe and United States, lockdown worries in france and germany oil is down about 6 vix getting closer to 40 were monitoring the ceos of twitter, facebook as they testify on section 230 well begin with dominic chu on more on what is driving the downswing. A lot of narrative around the rising covid cases, not just in the United States but europe as well markets may be taking their cues from whats happening in europe. Theyre talking about wider spread lockdowns in germany and france and whats if it happens here in the United States. Thats playing out in the markets right now. For the s p 500 specifically, below the 3300 mark, that is below both the 50day average price and the 100day average price for those indices, so many traders looking for technical or chart pattern levels as they look at trades today the s p 500, this little rol
Election descended into name calling and interruptions the 2nd round however is now in downtown with donald trump contract coronavirus. Joining us 1 pm here in the russian capital this is the weekly. Theres been a week of deadly hostilities between armenia and azerbaijan in the disputed nagornokarabakh region strikes have destroyed multiple buildings with conflicting reports on casualties late on saturday to the explosions were heard in the disputed regions capital. Have been heard throughout sunday morning with more damage inflicted across the city on friday a Field Hospital was hit in a bombing raid several residential buildings were also badly damaged and reports just just the leader of the selfproclaimed the going to care about republic was badly injured on sunday. Also this week a steady spill beyond the confines of the disputed territory when a bordering azeri town was bombed by john claims that more than 2000 shells were dropped in that raid also says since the start of fighting
From the nsas global spying for graham. The Foreign Ministry has announced it is ending a kids old surveillance agreement. It was a joint understanding. The decision comes as new reports show cooperation corporations working with authorities to gather private data. Companies developed software to help in the surveillance. Britains a guest spy agency. It is reported to have even paid Telecommunications Customer need companies to snoop on customers. The data lines are utilized by Internet Users by other countries. We must untangle this web. Intelligence agencies are the responsibility of the government. If private companies are involved that can only happen under special circumstances. German lawmakers want to know more about the spying revelations and what the government knew about british and american snooping activities. Chancellor merkels chief of staff is to be grilled again in 10 days time. How significant is the cancellation of the intelligence agreement with london and washington