France and germany and others remove travel receptions spur tourismu. To and britains nonessential shops opened today as well. Stocks fall on fears of a wave of rhinovirus infection. Over 20 u. S. States see a pickup. Tokyo sees the most cases in over five weeks. Beijing reports another outbreak. Plus, bloomberg learns of an internal plot at nissan to take months beforeown his arrest in japan. The information comes to light and is due to face a trial in tokyo. Just under one hour away from the start of cash equity trading. Lets take a look at how far down futures have fallen, right now looking at 2. 5 drop on the stoxx 50. The benchmark index. Futures down a little bit more than that. Teachersok at u. S. As well. S p 500 emini contracts approaching 3 losses. Nasdaq futures off. What does the gmm look like . Anna ill get to the gmm in just a moment. Pricel giant revising its assumptions and expecting to take a charge in the second quarter. They see a noncash impairment and the write off
Happening with the vaccine story. Depending on which market you were looking at, one is winning out. Here in europe, the bulk of equity markets are writing higher today, and its been a good week. The ftse 100 being dragged lower by names like hsbc, which is certainly down quite sharply. That obviously relates back to what is happening in hong kong. A big impact there. You can ripple that out into what is happening as well within the commodity space. Copper trading down by over 2 . U. K. , data out of the some deficit data that is terrifying, but in some ways to be anticipated. Again, the market has largely priced that in. We are going into a long weekend. Do you want to carry risk over this weekend . The pound trading 1. 2177 on the cable rate. Vonnie hong kong chief executive carrie lam spoke a short time ago, addressing the unrest caused by chinas new National Security legislation. For more on what carrie lam is saying and what exactly is going on in china, lets get to our first gues
Reflecting what is going on on andstreets of hong kong among chinas npc members. The s p down. 1 . Its been a pretty good week. Nymex crude Oil Futures Contract is down to finish the week. Under 33 a barrel. The dollar index is strengthening, a weaker euro, as well as canadian dollar. Lets get a deeper dive into todays Market Action standing by with taylor riggs. Taylor equities coming off the bottom we had seen earlier. Now you have the nasdaq and nasdaq 100 in the positive, resuming the leadership we had seen there. Only up about. 2 . Still notable that it turned positive. Meanwhile, all the other major averages looking at losses. You mentioned some of the trade tensions that are happening between the u. S. And china. There was a new security law that some are saying could take away a lot of rights from hong kong, as well, the u. S. Passing a bill in the senate that could delist Chinese Companies listed here in the u. S. If they dont follow accounting rules. U. S. And china stocks wo
Is the condition essentially the same day two of intensive care as what we saw a day one of intensive care . Guy it appears to be, the second night in the icu, though, which is significant, so the indications are that he is stable and in good spirits. Basically that is all the information we have at this point. We simply do not know anything more. I drove past this morning, and they were delivering oxygen. But at the moment there is very Little Information about the Prime Ministers epic addition. He is not on a ventilator. I think on the Prime Ministers condition. He is not on a ventilator. Don we are really tom we are thrilled to bring are in. On the state we first word news. Viviana we begin with European Union finance ministers, on an emergency teleconference that lasted more than 16 hours, yet they failed to agree on a strategy to mitigate the impact of the coronavirus pandemic. They could not reconcile their contracting visions there big roadblock, should the e. U. Issue joint deb
Governor cuomo looking for any optimism he can find. Some geographies of america doing better in the pandemic, but the death and the rate of change of deaths refuses to bend over and go lower. With extraordinary measures being applied and something we all need to reflect on as we think about what comes next. These managing to keep numbers stable, but with extreme measures when it comes to how our society is functioning. How we reopen needs to be seen in this light, and it will be a challenge around the world for governments to reopen economies. Tom good reporting earlier from guy on the state of the Prime Minister, a conversation with Iain Duncan Smith moments ago. Our oninue with a strong the economics of the pandemic strong hour on the economics of the pandemic. Ministers. U. Finance were on an emergency teleconference lasting more than 16 hours. Strategynot agree on a to battle the pandemic. E. U. Issue joint debt to help economies recover . Boris johnson is being monitored in inten