Annualized basis. Slightly less bad in the estimates. They do expect a contraction of more than 20 . Nonetheless, the nikkei up 2 . You looking at u. S. Jobless claims and payroll, adding urgency around stimulus in washington. The snp active futures in the u. S. Up 1 10 of 1 . The dollar still a big story in terms of the weakness. 6. 97 . Offshore at stronger data suggesting the economic recovery in China Remains on track your the bloomberg dollar index flat. This is what is happening with the dollaryen, flat essentially. The pound on a tear. Have a the boe that will meeting thursday and no action is expected. We will look at some of the commodities as well. 56,10 year yield below yelled at 55. Today we are expected to get details around a treasury in cash issuance and the economic recovery plans in the united states. Thats whats happening with oil at 43 a barrel, down 6 10 of 1 . Lets get to first word news with Karina Mitchell in new york. Karina global coronavirus cases have topped
Happen right now on capitol hill 4 of the most powerful men in the u. S. Tech industry are being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the internet Rachel Blevins is joining us now to discuss the latest developments there as a ritual who is testifying today and what led us to this point where this hearing comes after more than a year of Research Conducted by the house judiciary subcommittee and which available to 4 of the Top Tech Companies here in the u. S. To ask questions about whether they are unfairly stifling their much smaller competitors now of course were still dealing with the corona virus pandemic so this hearing was carried out virtually and the testimonies included this. Apple and google. Facebook and amazon now all of these companies have been accused of manipulating their search results to promote their own products and interest so this hearing is still going on right now as we speak what have been
Saying it was on hopes for a rate cut on friday we talked a lot on friday about just whether and i made a joke that the market shows pricing the quickest sell off. Maybe the one individual that said, i got it and felt sicker it just seemed to subside a bit. Thats right. Human bee haflor is weird. Going into a twoday weekend except the good ones where you could have gotten 1,000 new cases. Up another 1,300 showing a bit of change. I love this graphic friday doesnt really sum it up it came back that was the end of the month. Some of that extra pressure was in the systematictype trading and there is an upside air pocket i think that the fed statement on friday sent the message we are here and probably dont have a very high threshold. It wasnt needed same as december of 2018 it was words that did the job for months until we got a rate cut. The bond market was very interesting. Instead of the bond market leading the stock. Take a look at treasuries. The 10year yield hit an alltime low yeste
The latest on the series of quakes in recent days. Heavy damages and massive Power Outages reported. Live reports just ahead. Ready to talk. A bombshell reversal, from the president s former National Security adviser. Why john bolton says hes prepared to testify at the impeachment trial. Those stories, plus, the new charges against Harvey Weinstein in los angeles, as his criminal trial begins in new york. Race against time, a race to save the animals in the wild of that are ravaging that country. It hurts. It hurts. And big changes for youtube. The Major Overhaul rolled out for videos made for children. What your kids wont see when they log in. Today, tuesday, january 7th, 2020. From nbc news, this is today, with Savannah Guthrie and hoda kotb, live from studio 1a in rockefeller plaza. Welcome to today. Thank you for joining us on this Tuesday Morning. A busy news morning it is. Were going to get right to our top story. Huge crowds in iran for the funeral of the countrys most powerful
The largest leak of smart phone data ever. Revealing every move of millions of americans and its totally legal caught on camera the truck smashing into an airport employees jumping out of the way just in time we catch up with an unusual animal bringing comfort and joy to travelers early today starts now good to be with you on this friday. The race for 2020 escapes to l. A. For the final democratic debate of the year as expected one of the hottest topics of the night was the impeachment. But candidates set sights on each other debating everything from the environment to the economy. We have the highlights reporter as the debate kicked off in l. A. , the democratic president candidates wasted no time diving into the boat to impeach the president. We have a president who is a pathological liar. It is up to us in 2020. This our chance to refuse to be taken in by the helplessness and reject the cynicism. The nonpoliticians on stage. Businessman yang and steyer. Advocated turning the attenti