The coronavirus marches on with u. S. Remaining in focus. Aussie prepares to meet with melbourne again under lockdown. The Health Care Sector sees his biggest deal this year. Siemens will pay more than 16 24 premium from fridays close. Shery lets get you a check of how markets are trading. We are seeing u. S. Futures addingng gains up. 1 , to that rally we saw on friday. Have seen the s p 500 rising for the fourth consecutive month. More positive sentiment over potential virus relief packages being released in the u. S. Not to mention the surge in tech shares. We had the nasdaq composite outperforming with Solid Earnings from tech giants. Apple, now the worlds most company valuable overtaking saudi aramco after posting other than expected results. Posting betterthanexpected results. See negativeo economic numbers out of the u. S. With secondquarter gdp seeing its sharpest contraction on record. Rating switching from negative to stable. Oil was under a little bit of pressure because of
We spoke this morning and we dont know how much they are paying for this vaccine supply. We dont know whether they will have the right vaccine so many questions on how administrations and i ministers at access to vaccines for their citizens. Tom the virus dynamics are just particularry, make note of the glide path of texas and south carolina. In new york city with our first word news here is ritika gupta. InsistsMitch Mcconnell that businesses, schools, and other organizations be protected against coronavirus lawsuits which is talking down talks over a new stimulus package. Changes inding that Liability Law be included in the legislation. House Speaker Nancy Pelosi says that shows he is not serious about a deal. Federal reserve policy makers will focus on how to jumpstart a rebound from the recession. Almost certain to keep their benchmark rate the same. The fed will make a statement at 2 00 p. M. New york time. Jerome powell will make comments 15 minutes later. Amazon Ceo Jeff Bezos p
Handling protests breaking out across the nation. Lets get straight to Julia Boorstin with the very latest. Julia. Melissa, Mark Zuckerberg did defend himself and his stance in that meeting with facebook employees. Facebook just issuing a statement moments ago saying open and honest discussion has always been part of facebooks culture. Mark had an open discussion with employees today, as he has regularly over the years hes grateful for their feedback the New York Times reporting that zuckerberg said in this meeting that of the decision not to flag President Trumps post, quote, when the looting starts, the shooting starts is what he called a tough decision but that it was pretty thorough zuckerberg reportedly saying that the companys free speech policies show that the right action where we are right now is to leave this up zuckerberg reportedly saying in this meeting with employees that he knew this decision was going to lead to people within the company being upset as well as to critic
Public. Deciding that the scrutiny directed toward him had become too much of a distraction. The resiliency of facebook, despite the backlash over big tech. I get that. Im not the ideal messenger for this right now. We have work to do to build trust. What does the future hold as we head into 2020 . A special edition of Halftime Report in San Francisco, begins right now. And we welcome you to 1 market we have a great lineup today were going to be joined exclusively in a little while by snowflake chairman and ceo Frank Slootman as he prepares to take the Company Public in the year ahead. Frederick kerrest, the cofounder of okta, that stock up more than 90 this year were joined by Brad Gerstner who helped us take stock of whats happening in the valley throughout the year. Deirdre bosa is with us, covered the ipo and Venture Capital markets closely as anybody its great to have both of you here so brad, interesting year to say the least. Uber, lyft, they go public wework blows up. What do y
Here. Good morning. Maria you have gdp, adp, alphabet of numbers and economy that is front and center in the 2020 election, right, lee . Question, theres no question about it, a lot of people are talk how its giving the president so much cover right now with everything that is going on, the democrats have to be careful how they treat this because this is an issue that the American People find dear to their hearts, a lot of Economic Data in favor of the president. Maria if theres one person thats coming across as well as anybody opposite the president would be Tulsi Gabbard and i know that youre a big supporter of Tulsi Gabbard, omid, does she look at the economy as driving force, is that part of her platform as well . Theres no doubt about it. The way she gets there is difference, start with foreign policy, we wasted 6 trillion over 18 years on regime change wars, we have a trillion dollar deficit, but 6 times that have gone to wars have havent made us safer, what can we do with money