Annualized basis. Slightly less bad in the estimates. They do expect a contraction of more than 20 . Nonetheless, the nikkei up 2 . You looking at u. S. Jobless claims and payroll, adding urgency around stimulus in washington. The snp active futures in the u. S. Up 1 10 of 1 . The dollar still a big story in terms of the weakness. 6. 97 . Offshore at stronger data suggesting the economic recovery in China Remains on track your the bloomberg dollar index flat. This is what is happening with the dollaryen, flat essentially. The pound on a tear. Have a the boe that will meeting thursday and no action is expected. We will look at some of the commodities as well. 56,10 year yield below yelled at 55. Today we are expected to get details around a treasury in cash issuance and the economic recovery plans in the united states. Thats whats happening with oil at 43 a barrel, down 6 10 of 1 . Lets get to first word news with Karina Mitchell in new york. Karina global coronavirus cases have topped
Fifth straight day with over 10,000 new cases if military medics aiding hospitals in texas and california. High gear this week this week we have eight dow components including ibm, cocacola microsoft, intel and american express. Analysts are expecting steep decline in earnings and revenue due to the coronavirus. On wednesday, investors have a close eye on tesla. Following ition electrifying rise and been the leadership in the market. Meanwhile futures kicking off the week in the red take look at where were looking at for the opening of trading this morning. Dow futures are lower by 31 points and nasdaq is up. 6 and a half, s p 500 futures right now down five points. Last week the dow and temperature s p were at for a third week in row but a nasdaq snapped two week winning streak last week as you can see. 2020 race is on about 106 days before election day 2020. New fox news poll show presumptive candidate joe biden holding lead over President Trump but race is narrowing. Were taking a l
Trevor noah. Trevor lets kick things off with some good news. Ill give you a home to remember what that is. When the coronavirus pandemic hit, scientists said it could be a year to 18 months before we got a vaccine, but just Like High School seniors on prom night, things are moving faster than expected. Encouraging news as several companies rush to develop a vaccine against the coronavirus. There are promising results in early trials of at least three potential vaccine. One developed by the university of oxford astrazeneca. Results say it is safe and produced an immune response in patients. Another in cansino biologics, is said to have presented i cant bodies in a month. Another pfizer and biontech. Trevor this is exciting. Not one, not two but three vaccines . And isnt the story of life . One moment you have too little, the next moment youre overwhelmed with options. Three vaccines . Which one do i choose . The chinese one, the oxford one. This is so hard. Can i get a scoop of each. Y
Results say it is safe and produced an immune response in patients. Another in cansino biologics, is said to have presented i cant bodies in a month. Another pfizer and biontech. Trevor this is exciting. Not one, not two but three vaccines . And isnt the story of life . One moment you have too little, the next moment youre overwhelmed with options. Three vaccines . Which one do i choose . The chinese one, the oxford one. This is so hard. Can i get a scoop of each. Yeah, a scoop of each. Part of me likes the fact they arent made in america. America is one country where people will let politics to stop them from getting the veeps. I dont want that trump vaccine. Im resisting a Biden Vaccine is a liberal trap. You think its a coincidence that coronavirus has the letters a, o and c in it . Now, as hopeful as this is i please remember there are a lot of steps between now and a full vaccine. I mean, need to finish the trials, they need to ramp up the vaccine production, plus they need to pro
Is said to have presented i cant bodies in a month. Another pfizer and biontech. Trevor this is exciting. Not one, not two but three vaccines . And isnt the story of life . One moment you have too little, the next moment youre overwhelmed with options. Three vaccines . Which one do i choose . The chinese one, the oxford one. This is so hard. Can i get a scoop of each. Yeah, a scoop of each. Part of me likes the fact they arent made in america. America is one country where people will let politics to stop them from getting the veeps. I dont want that trump vaccine. Im resisting a Biden Vaccine is a liberal trap. You think its a coincidence that coronavirus has the letters a, o and c in it . Now, as hopeful as this is i please remember there are a lot of steps between now and a full vaccine. I mean, need to finish the trials, they need to ramp up the vaccine production, plus they need to produce over a billion lollipops, because i dont care if its the covid vaccine, if you give me a shot