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Washington has been demanding transparency and threatening to delist mainland companies. Australia is ramping up tensions with its top partner. You a quick get track of the markets. This after we saw another record high for u. S. Equities. The s p 500 and nasdaq composite soaring to another record high for a fourth consecutive session. The s p gaining ground for five sessions. Tech and communication stocks leading the gains. We are up about 55 since the march lows. We had some positive data. The u. S. July durable goods orders meeting estimates. All of that boosting optimism that the fed will keep Monetary Policy loose. With the dollar weakened, due to the strongerthanexpected eco , take a look at what oil is doing. It is gaining ground. About 43 per barrel. In around five months, the highest level. We have hurricane laura. More than 80 of oil output and nearly 3 Million Barrel ....
Washington has been demanding business transparency and threatens to delist mainland companies. Protests against Police Shootings spread to the nba. Playoff games are canceled as refused toee bucks leader court. Haidi we continue to have that lackrnaut rage despite a of very meaningful headline developments on the positive side. We are getting incremental positivity when it comes to u. S. China trade as well as daily developments on the search for a Coronavirus Vaccine as well. We are seeing futures flat at the moment, lower by. 1 after both the s p and the nasdaq hitting another alltime high. Optimism being seen in the fourth straight day of record highs for u. S. Stocks. The nikkei 225 just erasing some of the earlier moves, flat at the moment when it comes to futures trading in chicago. We wait to hear from president abes press conference tomorrow. The focus being o ....
There is no return to lockdown here. Europe shouldsays not return to full scale shutdown to avoid another hit to the economy as french daily cases hit levels not seen since april. Tech continues to drive gains. The nasdaq hits a new record, propelling stocks and futures even higher. Pfizere news on a vaccine serves as a tailwind. Plus, biden vows to end the darkness. Calling his opponent a National Embarrassment. He promises to support the working class and reform taxation. Look at the futures right now. In terms ofains tech stocks in the u. S. A new high. Now we see a little bit of a mixed picture with ftse futures pointing down, but continental futures are on the rise. Back all gaining. Lets take a look at what u. S. Futures are showing us. More green arrows. Almost 0. 2 percent on nasdaq futures right now. Alsond dow futures are gaining. What are you seeing on the gmm . Anna it seems that markets, investors taking a gla ....
Onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Welcome to bloomberg markets. Here are the top stories we are following from around the world. Ecb president Christine Lagarde five to support the euro economic recovery from coronavirus all not. She vows to maintain the flood of liquidity that has so far calmed markets. Morgan stanley wraps up the week for bank earnings. Big gains for the trading desk. Helped thedfall that group survived the brunt of the pandemic. The u. S. ,ntioned, u. K. , and cannot say russian state intelligence is hacking into research enters working to develop a covid19 vaccine. We will dig into the reports. Lets get a quick check on the markets. Certainly a risk off ....