Has the details from Los Angeles. Evan, what do we now . Well, this was a bit of a Surprise Gambit that we had in court here, just about 20 minutes ago here in Los Angeles Dana Hunter bidens attorneys asked for him to enter an unusual plea. Its called an Alford Plea where Hunter Biden would accept whatever punishment that judge doles out, but he maintains his innocence and instead of Pleading Guilty, hes maintaining his or is attempting to maintain his innocence. Of course, as expected the Justice Department does not does not agree with this and they objected in court to this request from Hunter Bidens attorneys and now the judge has called for break for a couple of hours while he considers what steps to take next. Now this is unusual as you pointed out as i pointed out, today, obviously was the first day of Jury Selection and this trial this is a Hunter Bidens second time going on trial earlier this year, he was found guilty on gun charges in delaware. And these charges have to do wit
Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
And local mayors criticize Boris Johnsons traffic light system for his chief medical officer says the plan does not go far enough. Down on itses streaming business, taking the fight to netflix. We bring you our interview with three weeks,ithin we will have a new u. S. Election. President trump returns to the campaign trail to fight that fight in florida. I am trump now they say immune. I feel so powerful. In there and kiss everyone in that audience. Guys and thehe beautiful women and everybody. I will give you a big, fat kiss. Matt we are just under an hour away from the start of cash weity trading in europe and are getting german Economic Data here. You take a look at your , you can see the cpian september harmonized wasnt dropped. We are not getting the inflation that the ecb wants to see here. You can see the futures picture is a little bit mixed. You do see euro stoxx 50 futures down. We see gains on ftse futures of , gains on dax futures are just fractional. But most European Equi
Bonds elsewhere in the world. Thechinese yuan weaker than dollar after the pboc trying to rein it in. Lets go back to that stimulus stalemate we have been talking about. Remaining deadlock in washington, with President Trump and House Speaker nancy pelosi blaming each other over the lack of progress. The president has sent shifting signals on the amount of stimulus he wants. Pres. Trump republicans want to do it. We are having a hard time with nancy pelosi. She thinks she can influence the election. I think they are hurting themselves by not doing it. Kailey joining us now is kevin cirilli, bloomberg chief washington correspondent. What are the odds we are going to get a deal before the election, and if we do get one, what are the odds that it can actually pass the senate . Kevin in terms of the reporting i have done, i think there is a high likelihood there will be a deal by the end of the calendar year. Whether or not it happens before election day, that is a large unknown. To be can
Constitutionally. Barrett is expected to cast herself as a judge committed to keeping her personal views out of rulings. Shecrats are concerned that will rule against abortion rights if she is confirmed as expected. Pope francis met with a cardinal accused of child sex abuse in australia. He became the most senior catholic official to be convicted of child sex abuse. In prison13 months before australians high court acquitted him in april 2020 of charges involving two choirboys in the late 1990s. Global news 24 hours a day on air and on bloomberg quicktake, 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. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following. U. S. Equities start the week in rally mode. The s p up nearly 2 now. Hooper with christina about all of this optimism. Thats study showing proportions of americans dying from coronavirus is the high