A warm welcome to you. This is Worldwide Exchange on cnbc im wilfred frost. Sa sara is off today. Lets get to the Global Market picture. Losses yesterday the dow was down 0. 2 . The s p down 0. 4 the nasdaq the laggard down about 0. 6 it was a broad selloff 10 out of 11 sectors were down te telecos were the worst sector. But we had had six straight gains for the dow and s p, and decent gains last week for all three indices. This morning were pointing higher just under a tenth of a percent for the nasdaq and s p the dow up 0. 2 this morning we saw yields get close to 2. 4 the back end of last week, but we slipped back a bit. Rising a fraction. Still not above 2. 4, but 2. 39 you can see that pick up in yields weve seen over the course of october. Lets look at asian equities japan was the stand out performer yesterday after shinzo abes resounding election victory. Today up about a half percent. Hong kong down 0. 5 . Shanghai slightly higher an update from china on the latest out of the c
Now on bbc news, click. The uss biggest rival is moving in on social media and communications, and the us is pushing back. Hard. This week we ask, what is going on in china . Hey, welcome. This week were gonna bring you up to date with one of the most important parts of the technology world. This place is a long way away from silicon valley, both geographically and culturally. And that is a place that is now challenging the wests tech dominance. I am of course talking about china. Now, in chinese there is a common phrase. Says phrase. Roughly translated it means a contradiction, like an Unstoppable Force meaning an immovable object. And over the last few years we have seen this in world politics. China, the Unstoppable Force, meeting the usa, the immovable object. This is Tiananmen Square in beijing. When i first went to china nearly 15 years ago, it was already clear that the mighty dragon was awakening, and the next Technology Superpower was rearing its head. Fast forward to 2020, an
This is bbc news, im reeta chakrabarti. The headlines the chancellor rishi sunak announces a newjob support scheme lasting six months from november he says it will save viable jobs. Mr speaker, these are radical interventions in the uk Labour Market policies we have never tried in this country before. A planned rise in vat has also been cancelled and businesses will now have longer to pay back government loa ns. Labour believes rishi sunak should have acted sooner unions say the measure will save hundreds of thousands of jobs. After months of delay, the nhs covid 19 Contact Tracing app goes live in england and wales anyone with a smartphone is being urged to download it. The latest test and trace results
show the numbers testing positive is almost three times higher than at the end of august. 600 people at Glasgow University are self isolating, after more than 120 students tested positive for coronavirus as freshers week ended. And is a little bit of hollywood glamour coming to wrexham