News of the father of the Pfizer Vaccine shou. Our conversation with jeremy stopple min later this hour. Tiktoks Parent Company is asking a u. S. Court to intervene in President Trumps attempt to thwart the sale. We will have the latest from beijing. First, a comeback for big tech in the stock market. For more on the trade, we are joined by Sarah Ponczek in new york. Walk us through the day and how tech drove market action. Sarah we did have a tech turnaround today. After two days when the nasdaq fell. You see the nasdaq 100 back on top. You look at your other major benchmarks not staging as much of a rally. So what changed . Not too much. You could say its just a comeback. At the same time, there were headlines being here in new york city, headlines about further restrictions in the city. It begs the question about whether or not people will be working from home, stuck at home with restrictions longer than previously thought, especially with the positive news on the vaccine. With that
Latest figures show that only 25 percent of germanys and tense of care beds are available add a moment now as a result germany has also Just Announced and you partial lockdown thats going to take place starting november 2nd for overall dining andren ataman stablish meant theyre going to be closed and overnight hotel stay thats also going to be banned while schools they will remain open and i want our viewers to read this and speak of this really shows its by german chancellor Angela Merkel and explains how the situation in germany has become she says we are now at a point where we no longer know where 75 percent infections are coming from as you recall germany they were really on top of their game beginning of the pandemic in controlling their virus and Contact Tracing but it seems that theyre actually go. And the other way right now so this is just sat looking really bad for europe and it just seems cases are growing at the same time that cases and thats are growing right here in the
Out. Our conversation with jeremy stopple min later this hour. Tiktoks Parent Company is asking a u. S. Court to intervene in President Trumps attempt to thwart the sale. First, a comeback for big tech in the stock market. For more on the trade, we are joined by Sarah Ponczek in new york. Walk us through the day and how tech drove market action. Tech we did have a turnaround, this two days after the nasdaq fell. You see the nasdaq 100 back on top. If you look at your other major benchmarks, not staging as much of a rally. What changed . Not too much. You could say its just a comeback. At the same time, there were headlines about further restrictions in the city. It begs the question about whether or not people will be working from home, stuck at home with restrictions longer than previously thought, especially with the positive news on the vaccine. The that, we see stayathome trade likely to return. With tech getting hit hard the last few days, is the worst over, or is the worst still
Oh you mean theres a downside artificially low Mortgage Rates dont get carried away thats cause report. This is boom bust for the one business show you care to afford to miss im french a boring washington coming up american and european markets are slipping as coping 1000 cases are continuing to search around the globe straight ahead were going to take a look at the cases around the world and what hope there could be for markets and we take you back to canada to catch up on the extradition trial of huawei c. F. O. Men 10 and the state of the global 5 g. Race with a packed show today so lets dive right in. And we lead the program with the law. This wave of covert nineteens of fact on markets and the economy western markets are reeling as the u. S. Hit a new all time record on tuesday with nearly 72000 new cases of the crow virus reported now the pandemic coupled with a contentious us president ial election is pushing market volatility the pain european stock 600. 00 dropped nearly 3 per
Europe right now. So right now all these france spain italy britain poland and even germany theyre among the nations that are reporting spikes in new cases and thats you know they tried to slow the spread of the virus through targeted restrictions intended to avoid another tough nationwide lockdown but no matter what they have done they just have not succeeded at stopping the new surge and not just in case says but also deaths now france there have Just Announced that theyre going to go into a nationwide lockdown on friday as cases have surged all throughout their country now under their new lockdown this is whats going to be happening people will actually need. To move around and all nonessential businesses restaurants and bars theyre going to be closed now italy and new curfew that has led to 8 and. A lot down protests happening all throughout the country not poland now theyre joining the list of European Countries seeing a surge in deaths now theyre also facing a Major Hospital shor