Investors are awaiting the latest gdp data from china. Growthrg economics sees above 5 . And then just send a rv and dens historic victory. She is considering a new coalition. We have s p and nasdaq futures. You can see the and the view shirts are actually about a third, and they were pretty flat on friday. The s p 500 at 3483. The nasdaq took a bit of a beating. Was not the usual biggest day ever. Keepler sentiment helped stocks from really falling. Lets move to the oil markets. What we have here is an advance on the on the week shrinking u. S. Crude stockpiles. At what isok ,appening in the week ahead what are they going to do about their plans to cut production, boost prices. This is the big question as the week begins. Haidi lets look at gdp. The kiwi stocks are at 7 10 of 1 . Warre looking at a tug of situation. The aussie dollar rebounding ardens historic victory. She has a mandate to govern alone, but apparently this will continue. There may be an upside of half a percent. Incre
This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
Holla Frank Holland. Stock futures are hovering arnt flat after a lateday rally yesterday as investors brushed off continued increases in covid19 cases around the u. S. The nasdaq leading the charge rising nearly 1. 5 to close. Its the 25th record close for the index this year. Take a quick look at the bond market, the 10year yield trading around. 65 . Well go worldwide now karen cho is in the london news room with the overseas action. Well get to karen in just a minute well get worldwide in just a minute first, lets get a check on this mornings top stories. Of course, a lot going on with the economy. Covid19 openings and reclosings well continue to keep a close eye. Right now our leslie picker is here to join us with more. Good morning. Walt disney world will resume selling Theme Park Tickets and taking Hotel Reservations today. The Company Announced the move yesterday after suspending the sales amid the coronavirus outbreak disney will open the Magic Kingdom and animal kingdoms this
Also representatives passes a Sweeping Police Reform bill sending it to the senate where it has no chance of being approved. And liverpool fans celebrate the clubs 1st English League title win in 30 years. The u. S. Centers for Disease Control believes the true number of americans infected since the pandemic began could be as high as 20000000 and that would be about 10 times higher than the 2300000 cases that have been confirmed officials have long known many have become infected without knowing some cases are being missed because of gaps in testing meanwhile the w. H. O. Says that europe is facing an upsurge in cases its happening as countries like britain ease restrictions thousands crowded onto a beach in southern england on thursday. Pandemic didnt used to accelerate with a Record Number of the new group of those cases reported on sunday with 183000 confirmed in 24 hours last week europe saw an increase in weekly cases for the 1st time in months. Brazil has Just Announced to almost
1000 new cases a day i would not be surprised if we go up to 100000. 00 the day. Schools reopen in thailand but some coronavirus restrictions remain in place well have a live update. Mourning in the streets about is about a popular ethiopian singer known for his political songs a shock that. Hong kong is marking the 23rd anniversary of the citys return to chinese rule just hours after a sweeping National Security law was imposed its chief executive carol lam described the passing of the law as the most Important Development since the handover small groups of demonstrators gathered in the city to denounce the legislation they say the road hong kongs freedoms and shot as its status as a Major International financial center. But chinese legislators drafted hong kongs National Security law in secret without any input from the citys legislature and at record speed its details became known only after it was inactive the law will punish loosely defined crimes such as subversion secession and