London mayor sadiq khan is set to recommend more restrictions. Bruised. Leaked documents related to troop 2 trillion in transactions, showing banks profiting from powerful and dangerous actors, even after the u. S. Introduced penalties. Low inlls to a 25 year hong kong. Plus, pet review. The eu starts an evaluation of a pandemic bond buying program. Policymakers are expected to discuss how long they should continue as well as whether or not they should widen the rules for older programs. Just an hour away now for than the start of from the start of cash equity trading in europe. Lets look at where markets are pointing us futures are pointing us. A drop in asian stocks. Ftse futures off one full percent. Concern of course about further or another renewed lockdown driving that market down further than the others. You see dax futures up 0. 8 . Look at u. S. Futures, not down as much right now. Looking at a drop in u. S. Across the s p, the dow, and the nasdaq, about 0. 5 right now. Anna f
Welcome to bloomberg surveillance. Theres plenty going on in the markets, not withholding everything going on with the Supreme Court, and we are just about 46 or 45 days away from that important u. S. Election. The picture on the market is not great for banks. You can see actually banks were down from 4. 1 . If you look at some of the things we should be watching out for, european stocks are dropping for a third day. Rising virus cases will lead to tougher travel restrictions. Lets get to first word news here in london. Leanne concerns are mounting the u. K. May need a second lockdown to stop the spread of coronavirus. Prime minister Boris Johnson is set to be told today that the nation is at a critical point in the pandemic. There are expectations that local restrictions could be extended into london. President trump is celebrating the tiktok deal, despite it falling short on some of his key demands. The apps chinese owners will still have an 80 stake in the the u. S. Source new jobs.
Basic terms of the phase one part of that deal. That is coming from the wall street journal, among other sources saying that the deal is not a finished or kaput deal at all. So well see how the market responds to that. Some mild positive reaction to all of that. The s p in record territory. The nasdaq in record territory. Both hit records yesterday. Any gain today is a record. Were following a couple of other developments. Well pursue it with the tiktok head of u. S. Policy on this giant move right now to find alternatives to how tiktok ultimately is or even if it will be sold off or kicking the companys tires. The president intrigued by that. He said he would support an oracle move. He said a couple weeks ago he said he would support a microsoft move for the company. Well speak to the novavax ceo on the latest vaccine trials. If you had gotten into this stock by the way at the beginning of the year, you would be up more than 2,000 but whos counting. Day three of the Democratic Convent
Rage in beirut thousands remember the victims of the deadly force explosion one week ago this as angry crowds renew calls for the president s resignation. Im told me a lot of well its good to have you with us the u. S. Democrats president ial candidate joe biden has selected kamelot harris to be his running mate in novembers election the senator from california is the 1st black woman to be a major parties candidate for Vice President now the decision comes a week ahead of the Democratic National convention where biden and harris will be officially confirmed to challenge President Donald Trump and his v. P. Mike pence for the white house. Lets will indeed up your correspondent in us poll who joins us from new york in new jersey is this a surprise choice. Well yes and no you know many people really speculated that she would become the v. P. Pick of joe biden because i mean shes very qualified she is African American plus her mother is from india. But some people thought that joe biden mi
Good to see you, melissa, live today from jacksonville, florida. Florida, the final stop on our swing state tour, out speaking to voters here in the Sunshine State the earlier today, all of this as President Trump prepares to formally accept the gop nomination later tonight back in washington. So a lot to do on a busy thursday. Fox Business Team coverage for you. Blake burman and gerri willis to start us off. Blake, you get to go fifth from the north lawn of the white house. Reporter and we have a little bit of news as it relates to no deal at all whatsoever for a phase four relief package because the chief of staff, mark meadows, and the House Speaker, nancy pelosi, spoke this afternoon, and pelosi has just put out a statement saying, essentially, that the talks once again went nowhere. This was the comment from the House Speaker a little while ago. Quote the conversation made clear that the white house continues to disregard the needs of the American People as the Coronavirus Crisis