Highs on the news with the money flowing to value and cyclicals. Havens are clawing back some ground today. Retaliation. The European Union will impose tariffs on 4 billion of u. S. Goods starting today. The eus trade achieve calls on both sides to drop countermeasures. A very good morning. If you think about it, we had that tantalizing, parabolic move, i would say, in this market yesterday evening. I was here late. Isar rationing around the markets i saw rationing around the markets. This morning, we face i suppose reality. Feels like a massive night out and this morning was a bit of the hangover reaction. Michael purves says it perfectly, talking about the vulnerabilities of the vaccine narrative. If the republicans gain control of the senate, this is very much so for them less onerous to want to do a fist lee onus less onus for them to want to do a big fiscal package. Lets take a look at what we did see yesterday, that euphoria manus is talking about. I want to show you the close ye
8 55 utc. The epicenter was at a depth of 40 kilometers. The center is recommending people in the area to remain observant and exercise normal caution near the sea and no action is required. Japans Prime Minister Suga Yoshihide will leave vietnam for indonesia for talks with president joko widodo on tuesday. Translator i want the two countries to work closely on various issues including the coronavirus and the economy. I want the summit to establish such a relationship. In the meeting suga is expected to emphasize that as a key member of asean indonesia is a Strategic Partner and the two countries share basic values like freedom and democracy. Suga hopes the nations will agree to Work Together over a range of regional issues including chinas growing maritime presence. He wants to arrange a meeting of their foreign and defense ministers soon. Suga also plans to accelerate negotiations on the transfer of defense equipment. Indonesia has the highest total number of coronavirus cases in so
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panel of Witnesses Today is the economic and security subcommittee. He focuses on the very important topic that i think has a lot of bipartisan interest in. And that is the economic and geostrategic challenge that the rise of china poses for the United States. Much as today, but in the future. China, communist party, Peoples Republic Party of china. Unfair trade practices, intellectual property theft and market manipulation and very prominently in my view, m nonreciprocal treatment. Not just an economic room but in many realms. It has been a force in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds Fastest Growing economies. Averaging close to 10 percent growth from 1979 to 2016. In 2014, china was the Worlds Largest economy and nursing power bases according to the international monetary. I believe there is a strong bipartisan
Well talk to an influencer and you have no idea how much i want to be an influencer about how she is making money on tiktok. Later, godiva chocolates is remolding its business amid the coronavirus pandemic the ceo will be here to tell us whats working and a lot is working for this company in the consumer space power lunch starts right now thanks welcome back welcome to power lunch. You can see that tech continues to dominate the market today the sector up more than 2 outperforming everybody else thats in large part to apple up 3 today shares of apple are now up about 50 on the year. Its been an incredible run. That brings the companys market cap to 1. 9 trillion and change. Were within tuouching distance of a 2 trillion dollar market cap. Also take a look at nvidia today. Its up more than 85 this year. Nvidia has been a monster. Tesla up about 4 to just under 1500 share. Theres one wall street analyst chasing shares well have those details shortly. Tyler, back to you congressional lead
Bangladesh have been miffed devastated by the storm dozens of people are dead and the pandemic is complicating efforts to assess the damage and bring relief. And the coat of arms by david reaches a green milestone 5000000 confirmed cases and 300000 deaths were lost the World Health Organization cases also urging and when the 2nd wave is likely to come. To us beaten up and illegally deportation human rights accrues to the east in groups of physically assaulting migrants and forcing them in fact to turn. Hello im christine want to welcome to the program chinas legislators have announced that they will consider legislation that could limit. Opposition activity in hong kong a spokesperson announced that it will be discussed during the 7 day session off the annual parliamentary meeting the move comes in response to hong kongs prodemocracy demonstrations last year the full proceedings officially begin on friday. Phebe kong has been following the story for us and joins us now from taiwans cap