Down 24 from the peak, and apple as well. This is been a rolling story there is noday and other topic on wall street. Futures down 1. 7 and deteriorating. We will be looking at that all morning. Francine lets get to first word news with leighann gerrans. Bloomberg has learned President Trump has discussed putting up 100 million of his own fortune for his reelection campaign. It would be unprecedented for an incumbent president putting up his own money to win a second term. Joe buddens campaign and other democratic entities have been raising more money than the Trump Campaign in recent months. Joe bidens campaign and other democratic entities have been raising more money than the Trump Campaign in bismuth. Theriticized joe biden for decision that the fda, which would approve fx income is operating free of political pressure. Biden is demanding transparency from the government while it studies the vaccines. President trump is vowing to sharply scale back u. S. Economic ties with china, t
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
Describe todays session torn between the ecstasy of victory from the near passage of a very pro business tax bill, and the agony of consternation over the russia investigation taking a more serious turn oh, yeah volatile day dow only closing down 41 points. It was down 350 at one point the s p backsiding 0. 2 a lot of pressure on the tech stocks were in an unchartered waters when the serious investigator is building a case seemingly against the president of the United States. A special Counsel Robert Mueller seems to be doing that i found myself thinking, will we have impeachment hearing, a ton of president ial pardons . How does president pence sound i defy anyone to tell me they didnt think those same thoughts when they saw the headlines that former National Security adviser mike flynn was flipping on his old compatriots. In the end though we dont know where this investigation will lead maybe nowhere. And while the tax bill looks close to a done deal, nothing could be certain there e
Authorizing Prime Minister may. We trade, to where a half hours until the open. Robert shiller Robert Shiller coming out and saying stocks are way overpriced. S p futures off by three points. Over 2. 6 r yield around the highest level since 2014. The dollar is a touch stronger as well as crude. I want to focus on what is happening in the u. K. You have the ftse 500 moving higher despite the fact the pound is getting hit or because the pound is getting hit. Up. 5 and dollar pound can dollar at an eight week low. He have to look at that weather you have to look at that to see i would be remiss if i didnt touch on valiant. This is a twoday chart all what happened yesterday when we heard they were selling out. That stock down 15 in nearing the record lows. How low can it really go . We will dissect to that later. David he doubled down and now it does it did not work out. Alix so much drama for so long and now he does it. David this morning in england, we had surprising news out of the bank
Kron4. Tonight grant lodes has a timeline of how this all unraveled. Reporter and kron4s Justine Waldman joins us live from oakland with how th scandal could get even bigger. Reporter pam but first. Pam the Alameda County district attorneys office. Calls itself a National Leader in saving young sex workers. And prosecuting those who abuse them. Pam now. The agency is looking in on itself. Reporter kron 4s kate cagle joins us live with reaction from those who have worked on this project. Reporter kate . laughter nearly half of all arrests and prosecutions for Human Trafficking in california are done by the Alameda County das office. Reporter it has been a huge effort by the da. When officers meet an underage sex worker like celest guapthey know exactly what they are supposed to do. Reporter take her or him to a Medical Center for treatment. And then home to their parents. But insteadguap who is now 18 claims she developed relationship with officers. Reporter sending naked photos and hoo