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Bloomberg surveillance. This is what the markets are looking at. The focus is firmly on the vaccine trial data out of moderna yesterday. The focus is of course on the fact that we could have a vaccine quicker than expected simply because it is the second trial data that is better than what analysts and watchers were thinking. This global stock rally powered by hopes that the vaccines will bolster Economic Growth was paused, partly because investors are weighing the spread of the virus. I think investors are also looking at valuations. And also, there is a bit of profit taking getting underway. Inla jumped more than 10 after hours trading after the announcement that it will join the s p 500 index on december 12. In other asset classes, treasuries drifting with the dollar. Lets get straight to the bloomberg first word news. Heres leighann gerrans. Good morning. The Trump Campaign is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning deman
GermanyBerkshireUnited-kingdom-general-United-kingdomUnited-statesZurichSwitzerlandBeijingChinaPennsylvaniaLondonWhere one states entrepreneur is the federal governments felon. And the ground is always shifting. So whats going to happen . We are going to see this issue fought out in the court of public opinion. It is in periods like this that we really see change happen. vo if recent history is any indication, it seems impossible to predict exactly what kind of change we can expect. [ theme ] bill hey, good morning everybody. Great to see you this morning. It is the its tuesday match 12th first of all. This is the full court press. Were coming to you live coast to coast from our studio in capitol hill in washington d. C. And booming out to you all across this great land of ours on current tv. On whats going to turn out to be a very busy day here in our Nations Capital and around the globe. In rome, of course, five hours from now the cardinals will cast their first votes to elect the new pope. Here in washington, d. C. , president obama begins the first of four days of salesmanship to try to get a
MyanmarAustraliaNevadaUnited-statesTurkeyChinaSyriaRussiaSyracuseNew-yorkWashingtonDistrict-of-columbiaDreamliners are closer to take off. The faa said yes to boeings battery redesign. Its considered the first step to getting 787s ready for lift off. Boeing also reportedly has an 18billion deal in the works to sell jets to ryanair. And ahead of Government Data on oil, the American Petroleum institute is noting a surprising drop in crude supples. Crude declined by over 1. 4 million barrels. Analysts expected an increase of 2. 3 million. Larry shover of sfg alternatives joins us on this wednesday for a closer look at the market. Good morning to you, and the dow is still going, larry. It is unbelievable. Traders are so anxious right now they just cant believe it continues to climb higher. What do you make of the bond market at this point . Do you expect to see some sort of grand rotation where all of a sudden stocks start to falter and money starts to go back into the bond market . You know, on a macro scale, i think there is a little bit more room to the wall of worry that we are climbing
United-statesNew-yorkBerkeleyCaliforniaJapanColumbia-universityWashingtonDistrict-of-columbiaNew-york-universityChicagoIllinoisAmericaInterfered in our election. And breaking news overseas, 1 Million People take to the streets of hong kong protesting a controversial bill of an extradition to china. The vote now postponed the city at a standstill. We will be live on the ground in just moments. How about this one, what is the deal . President trump boasts about his agreement with mexico on stopping migrants with experts concerned that the reality on the ground means that very little can actually get done. But the president says theres a plan on a single piece of paper. Thats the agreement that everybody says i dont have. No, because im going to let mexico do the announcement at the right time. This is one page of a very long and very good agreement for both mexico and the United States. Without the tariffs, we would have had nothing. As we speak, the House Intelligence Committee is digging into the issue that special Counsel Robert Mueller himself said was the number one thing he wanted all americans to take away from
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