This comes after a rally this comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. Index slipped by 1. 5%. One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, and wall street will also have to contend with seasonal headwinds, as september has historically been a challenging month for stocks. In other news china has announced a probe of canadian a former edge of the governor of new york has pleaded not guilty to acting as a chinese trade and technology partn| to 1ips will be trade and technology partn| to acting ll be trade and technology partn| to acting as e trade and technology partn| to acting as a chinese guilty to acting as a chinese agent. 0scars allege they agent. 0scars allege they followed orders from beijing to followed orders from beijing to advance china s interest. In advance china s interest. In exchan
Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 yesterday and we are seeing expectations of negative rates dissipate even further. Unlovedtors rotate into areas, it may not mean the end of things that have been successful so far. John praveen is Portfolio Manager for qma. He joins us on the phone from new york. We are talking about what happens to big tech given the rotation trade gaining a more solid footing. Is it the behavioral changes, chan
Few hours ago. The Spokes Person for the t. P. S. That appeared on the regional to gray and state Television Without television went off around the time that the reports of the bombardment started with. The t. P. S. Leadership have said that the attack has begun, and they have described it as a heavy bombardment of the city. The European Union has called the killing of irans Top Nuclear Scientists, a criminal act, and deserving all parties to exercise maximum restraint. Irans president is blaming the assassination on israel gunmen ambushed a vehicle vehicle carrying must in fact reside in his bodyguards, the tehran on friday. Iran has said it will retaliate. Large rallies are being held in france against a new villain in that restricting the filming, and publication of Police Officers images. Critics say the legislation is an attempt to gavin media and shield Police Officers from public scrutiny. In india, hundreds of police and part of military personnel have been deployed to control
Clearance. A grand reopening. Thee johnson will outline strategy today, expected to include an increase in Community Testing andriy incorrect reintroduction of tougher restrictions. Biden iselect joe said to have landed a longtime advisor as his secretary of state as the president reportedly moves closer to banning tech exports to dozens of chinese companies. 7 00 and in london, from first, and 10 00. In three weeks, there will be a vaccine for everybody and herd immunization. This is the standout note from fauci. We will vaccinate. 7 of the population. These are big ambitions. Annmarie they certainly are and the news over the weekend from the head of warp speed saying we could start in potentially three weeks, but it is only going to be december 10 when the fda looks at approval for the pfizer vaccine. You made a good point this morning, the fact this is the developed world. What remains in the developing world could be a difficult picture. Isus a question for markets if so risk on, t
To be buried. Thousands of people lined the route to watch the procession. U. S. President , all trump says that he will leave the white house of the Electoral College confirms a victory of president elect joe biden. Its the closest trump has come to conceding defeat. Michaela has more from washington d. C. Your. The electors in their respective states will confirm the votes, which at the present stands for 306. 00 Electoral College votes for joe biden, 232. 00 for donald trump. Now at that point, a president saying he will accept the Electoral College is a decision. Although it, he considers it as a fraud. Well, thats not strictly true. He has got no option, but to accept that decision that is a constitutional point at which the next president is confident by the Electoral College. The next step is for congress to certify all of those votes. And then the inauguration on january the 20th astra zeneca is considering running another global trial after it admitted its Coronavirus Vaccine