Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track
When it comes to the markets. I am looking at the european stoxx 600. They are gaining some 0. 6 . We saw a lot of tech stocks falling significantly yesterday. Stocks today may be recouping some of the losses from yesterday. There is a bit more optimism creeping into the market after we saw the tumble yesterday in the u. S. There was also concern that investors would worry about the fact that astrazeneca had to experimentalof an covid19 vaccine. Investors for the moment taking news in stride. Equity futures strengthening. The pound heads for the longest declining streak since march onward that talks could collapse over changes in the brexit withdrawal agreement. They look good on paper, but smart bid etfs have been failing when they hit the real world. Lets get straight to the bloomberg first word news. Here in london is leighann gerrans. Good morning. Astrazeneca has paused a late stage trial of its Coronavirus Vaccine after a participant became ill. The drugmaker said the decision wa
Days, ottis days yesterday that i saw, and all i can say is still cant find an entry point on tesla. I want to get into tesla but maybe it is down another 20 . Francine it is still off from the start of the year. Lets get to first word news in new york city with ritika gupta. A e it is a socalled skinny proposal. To break the logjam with democrats in the house. The bill will cost up to 700 billion, a far cry from the democrats 2. 2 trillion dollar belief package. Once again coming u. S. Infectious disease chief Anthony Fauci is counting something President Trump has said. A vaccine is unlikely for coronavirus will be available by election day. President trump has hinted that a vaccine will be ready by then. In the u. K. , Prime Minister Boris Johnson will than all social gatherings of people more than six people, a surgeon coronavirus cases to 3000 is prompting him to act. People getting together for work, weddings, and funerals. Bond market guru Jeffrey Gundlach says highyield debt de
The only stocks that are doing well right now, some of the reopening trades and some of the big laggers for the year like cruises and airlines and some retailers still in the Green Energy Stocks also outperforming. Is this the start of a serious correction or a buy the dip opportunity were diving into that debate. 59 minutes left of trade 59 minutes of of this roller coaster session. Lots of guests as well the market pulls back. Well speak with three ceos that got insight into the state of the consumer, their spending and recovery in america. The ceo of campbells soup will join us on the back of had his companys Earnings Results that stock down 7 right now plus, well get two reeds on the beaten down travel sector with glenn fogel and mark hopelinger. Well speak with nick clegg about the new policies surrounding the election looking forward to that one. Lets get straight to our top story of the day the market selloff Mike Santelli has more on the major market pull back. A big pluflush o
It is armageddon, moments ago the president told fox friends, he would not name his nomination to the court until after the services for Justice Ginsburg are completed, he said he would announce friday or saturday. He said he would move quickly, he said time for a vote before the election. Now look at this, a wall street selloff, major leagues, all kinds of problems for investors, election chaos seems to be a certainty that could even be a constitutional crisis of the Supreme Court has to decide the election and there are only eight sitting justices, there could be a tie. A second wave of virus infections has hit europe, especially britain, there are worries and comes here. China holding military maneuvers as a u. S. Envoy heads to taiwan. Grandpa got up and look what you got. The dow will be down 500, maybe 600 points at the opening bell, the s p 53 points lower in the nasdaq down 170, that is a selloff, in a moment you will hear more from the president because later on today he is he