Investors concerned about rising Coronavirus Infections and what that means for the recovery. Global deaths are approaching one million with record cases in france and the u. K. The Trump Administration given an ultimatum over tiktok to delay a ban or respond in court. Ban isnt trumps due to take effect on sunday. ,aidi it was a meandering confused session in the u. S. Investors seemed to be trying to work out where the lead was. Investors weighing the scanned prospects of another stimulus package against a resurgence, the second wave we are seeing across europe and the u. K. Modest gains but the s p has wiped out all of its gains for 2020. Futures trading up by. 3 at this point. When it comes to the asian trading day ahead, the nikkei 225 regaining a little bit of positivity. Modest gains of. 1 , trading in the futures session in chicago. In sydney, we are watching as to whether this surge we have seen in growth shares will continue. The msci australia index jumping to a record high c
Oracle shares rising on news the company could be the winning bidder for tiktok but it will not involve an outright sale. Bytedancehinese owner Sarah Ponczek has been following the ups and downs. Tech has been leading the comeback. Also, this latebreaking news ikola, and the sec investigating the company over shortsellers. Sarah the last i had checked, down about 8 or so after the market closed. Examining nikola based on this claim that came from the platform hindenburg. 30 , 35 ors fall so from last week. It has been quite the ride for nikola. Still up more than 200 this year but certainly getting hit pretty hard after these original allegations took hold. Now, getting even more focused with the sec taking them on. Emily this on the back of gm taking a huge equity stake in nikola. Lets talk about tech more broadly. News, continuing development. Oracle is in the leading position but a potential deal still under review. Oracle shares did rise. Walmart could still be a part of this. Sara
And i ended up writing a column about it. It began a conversation with chris that was part of his effort to develop this book and the arguments in it. Want to ask chris to take us all on a journey he has been on. He has shared some with me over the years. The book starts with a really chilling account of what would happen in the first hours and days of a war with china. Maybe that is a good place to people whyaining to we have a problem when it comes to technology. Chris thank you, david. I appreciate your friendship and guidance throughout this whole process. It has been invaluable. With the timens is spent on the Senate Armed Services committee, the better part of a decade supporting the committee and senator mccain, looking closely at the u. S. Military, how we were investing money and werent investing money and ultimately, how we match up against emerging great power competitors, first and foremost china. The reason i wrote the book was a concern i had then add have now that we are
Is the overall market. This is really helping. The dow industrial will open with a 500point gain. We were up 500 yesterday, youre up about 1100 points in 24 hours. The s p to the upside big time and the nasdaq up 76, it is a rally. Travel related going straight up as well, if there is a vaccine that works, people can take it and be safe on planes and cruise lines, we could get out and about more on a mass scale safely. Backtoschool might get help as well from the vaccine news. Hold on we are not done with big winners. Apple one a 14 billiondollar tax fight with europeans. They won, that stock is back almost, its at 394, 395 a share. Straight up this morning. Goldman sachs a big jump in profit, watch the stock grow. If the dow stock helping overall market. Your money is often running, we will have a grand old time following it for you. That is not all on the show, trump guy one in alabama beating Jeff Sessions while a wide margin. He will be on the show. Joe biden reveals his economic p
Now yemens who 3 rebels say theyve launched their biggest ever military operation against saudi arabia drones and 3 Ballistic Missiles have been fired toward saudi arabia since monday who 3 say they plan to launch more Saudi Coalition fighting in yemen says it intercepted a Ballistic Missile headed towards riyadh a Coalition Spokesman says the attack was launched from the yemeni capital sanaa towards civilian targets in the kingdom lets bring in. Hes a retired Jordanian Air force general good to have you with us so 1st of all do we know is there any evidence to establish how successful a strike this was did the missiles and drones hit their targets or not. Its very difficult to tell we need some more information the wreckage the you know sorts it would be difficult but reaching really odd that they curacy. Be planning to head that ministry of defense and some other military airport but as big as correlation i could saying because the hooty now is winning of the ground in joels some par