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The uncertainty is out there in the election and particularly on pandemic news worldwide. Jon ferro, we are touching 50 on futures. On radio and tv, we will do more data checks throughout the hour. Rro in withn let fe his famed cross asset that a check as well. Three big figures out on vicks. What is the data on the screen that matters to you right now . Jonathan i just think the news flow out of europe has hijacked the whole agenda morning. The data is looking at the banks and bank equities, particularly in europe. I think the banks this week are down 6 , 7 in europe. Thats where the story is, more restrictions. Macron a little bit later this evening. Reports out of france suggesting a onemonth lockdown. Chancellor merkel talking about proposing restaurants that proposing closing restaurants and bars for a month talking about proposing closing restaurants and bars for a month. It is winter now in europe. That the idea right now not only is the virus increasingly severe throughout euro ....
A simulcast on bloomberg radio, bloomberg television. We welcome all of you in europe and the challenges there, and we will get to you in a moment, and all of you across this nation. It has been week after week at an 800,000 level, even up towards one million a month ago, and the news slow is simply extraordinary. Jon, you have been way out front on the distinction between the virus and pandemic on the continent of europe over to the united kingdom, and the difference with the United States. How urgent is it for mr. Macron, chancellor merkel, and Prime Minister johnson . Jonathan becoming more difficult, and the problem they are having is localizing the effort. Many people in parts of the country that are facing tougher restrictions are asking, what about everyone else . That is the story in the u. K. As london gets upgraded to a new tier and faces tougher restrictions. As we ....
Radio, Bloomberg Television across this nation and worldwide, what you need to know. Moonshot. Let me get to it. Futures, the high for the day. Dow futures up 19 points. Nasdaq futures up 1. 7 . Forest thend ndard and poorest 500 friday, echoing a matter of it is when, not if. It doesnt matter when we get that fiscal stimulus. We will get the fiscal stimulus area that seems to be the message from so many people we speak to. Tom Jonathan Ferro already explaining some of his other properties to us here on our simulcast worldwide. Lisa abramowicz, the political story front and center. Do you link the political story to what we see in market activity . Lisa you certainly see that across wall street analyst reports, saying that joe biden solidifying his lead reduces the election. A contested the lack of uncertainty is what is giving people confidence to go ahead and get long ....
Kennedy nixon. I dont know if we will see element of that, but you will see way over the 80 million four years ago for clinton and trump. The interest is ginormous. Jonathan it is a spectacle. It is golden tv. Does it have consequences . That is the question. Monmouth university come out with a pole that said just 3 they are very likely to hear something that will impact their eventual vote choice. We will all be watching. Will it have consequences . Tom let to get the theater out of the way right now. This is very important. This is case western reserve university, one of our great science and engineering institutions, and the richest , secretary 1800s hayes to roosevelt. This is the history of dow chemical as well. And in the 20th century, it is a city that has been flat on its back for a decade for decades. Joe biden if can speak to these people, and President Trump as well. Jonathan in d. C. , there is still something to talk ....
Im Francine Lacqua in london. European stocks edging higher. U. S. Futures pinning hopes on the american stimulus package. The dollar is slipping. I am also looking at treasuries pretty much steady. Texas crude oil steady at 40 a barrel. Lets get to the first word news. In the u. S. House democrats have started drafting a new stim in this proposal of roughly 2. 4 trillion. The plan could get passed by the house next week. While smaller than the package in may, it is larger than what Senate Republicans say they can accept. President trump has excepted he will go as high as 1. 5 trillion. Your Governor Andrew Cuomo says he does not trust the Trump Administration over a vaccine. He vows the state will independently review anything authorized by the fe ....