Says the first rollout could happen by mid december. The g20 discusses the virus and the potential remedies. Shotspledges to make available to all and President Trump wont say if the u. S. Will join a global effort. Haidi we are setting up for a cautious start to trading. The aussie dollar holding pretty steady. Kiwi stocks are up by half a percent. We are seeing the kiwi dollar trading just flat. U. S. Officials say the first vaccinations could be administered in just three weeks if given the green light for emergency use by the fda. Aboutare still concerns how poorer countries will be given access to any vaccine. The vaccineke Development Team has an aggressive timeline. Be do we expected to achieved and a lot of people are concerned about equitable access. Of movingre a lot parts here. A lot of movement around the world. Drug administration has an advisory meeting that day about the vaccine. Health officials really seem to think that approval could be forthcoming at that meeting or
Restrictions in new york city is boosting education about masks and social distancing. U. S. And china ramping up tensions. Washington rejects beijings claims to the South China Sea and top senators are facing mainland sanctions. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening higher, gaining one quarter percent after stocks fell in the regular session. Sharply higher throughout most of the day and then we saw a bearish reversal in the afternoon. Marcus dealt a double whammy with data showing that virus cases surged in california, as they that makes up 15 of u. S. Gdp. Not to mention escalating tensions between the u. S. And china. The u. S. Denounced chinas claims to the South China Sea. The s p 500 at one point hit the highest level since march before falling in the afternoon. Led by tech and communication stocks. The nasdaq composite hit another record high. At the end of the session, the biggest fall in more than two weeks. Take a
House speaker blocked his bid for a monday vote. Its election day in canada. Prime minister Justin Trudeau looks to retain power but loses his parliamentary majority. Kathleen later on, Bloomberg Technology global link. We will discuss the bailout plan for wework as softbank is said to be taking control. We are taking a look at how u. S. Stocks ended today. A big day for the s p 500. A gain seven times of 1 . It gained to 7 10 of 1 . Over 3000. Importantly, it is getting close to its alltime high in july at 3025. 3006 on the s p 500. Nasdaq gaining 9 10 of 1 . Apple hit a new record. Pharmaceutical surging as they reach opioid settlements for thousands of complaint ands. The Dow Jones Industrial average lagging the other gains. 2 10 of 1 . 26,827. You. Can blame boeing. The second day you can blame boeing. The second day. When you stand back, and a lot of positive impetus today as more signs emerge that a trade war, even if it is a phase one deal which can be a sign between President T
The hong kong drama turns the page as u. S. Lawmakers vote to support the protesters and review the citys relation with china. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures under a little bit of pressure after we saw u. S. Stocks really rally throughout the session and major indices gaining about 1 . The s p 500 at one point topping 3000. Health care in financial stocks leading the gains. Johnson johnson, unitedhealth and jp morgan reporting solid results. We also have the nasdaq closed 1. 25 higher. All of this as 10 year yields gaining for the fifth consecutive session despite the fact the imf came out and cut the Global Growth forecast for this year for a fifth time. Let see how things are shaping up in asia. Sophie it is the bank of koreas turn in the hot seat today with a 25 basis point cut expected and the politically key jobless rate due as moon jaein attempts to create employment. Futures adding about 6 10 of a percent. Cindy futures
Next week. The brexit drama. Boris johnson skipped a News Conference as his host says the u. K. Is not serious about talks. Shery lets get you started. We are seeing u. S. Futures slightly higher by. 1 . This after the s p 500 slumped the most in two weeks. Coming after President Trump announced an initial trade agreement with japan. When it comes to the safe haven moves we saw in the last session, we had wti crude higher, the biggest gain since february of 2009. Those are being reversed with gold futures getting pressure, down. 3 . Not to mention, wti holding above the 60 per barrel level but still under pressure, down 1. 5 , this after jumping 13 in the previous session, given the previous attacks on saudi arabia and Oil Facilities. Lets see how things are shaping up in the asian markets. Sophie there may be impetus for Risk Appetite after the mixed session we saw on monday when Energy Shares rallied while Financial Firms led declines. U. S. Japan lines on the trade deal being narrow