Writtish capital is set to see tighter virus measures. Here in germany, new cases rise by a record amount. Goldmans golden earnings. The bank posts wall streets biggest jump in bond trading so far this season. Revenue at all four divisions is up on the year. And burriss johnson tells e. U. Leaders he is disappointed by progress in brexit talks. The city of London Corporation urges both sides to avoid an act of self harm. Just under an away away from the start of european and u. K. Trading. We are seeing futures down substantially across equity indexes. 66 . Futures down. In terms of u. S. Futures, we see losses of about a third after percent, a little more on dow ubledigit on the jones and s p contracts. Anna, what do you see on the gmm . Anna lets get to that and see what is happening over in the asian session. We are weaker. We have futures pointing lower in the u. S. And you were and weaker through the asian sector as well. Outh korean sector down by. 7 . A lot to think about. The v
Other question is where what has apple become . Tom instead of the markets and the nasdaq war that we have seen , ties into apple, this was actually, francine, a huge deal yesterday. Arguably the biggest meeting they have had in three years. We are not going to go apple fan boy on it and explain all the stupid is that and the other thing. But i also want to go in with alex webb, sort of the racket that theyve got where everybody has to upgrade because this is old technology. This phone is a failure. I have to get rid of it. Francine the question i have been asked the most is, do we have 5g here, and people just dont know yet. Lets get to the bloomberg first word news with leighann gerrans. Leighann prospect of another stim list package before election day look bleak. President donald trump and Senate Republicans are at odds. The president is urging them to go big or go home. Senate majority leader mitch admitting to aly vote on small businesses. Nancy pelosi says the latest offer is no
Sanctions and claims to the South China Sea take center stage today. Stocks are shrugging it off. The dow up more than 400 points but the big tech is struggling faang, internet names that have been on fire are seeing weakness today. Were following it all 59 minutes left of trade. Certainly weve been all over the place in markets but were up as we stand with the major indexes we have a big line up of guests. In a few moments well speak with shrewsberry, cfo of wells fargo. And Robert Kaplan will join us and well speak with Michigan Governor Gretchen Whitmer an earlier biden endorser as biden lays out more details of his economic plan. Lets focus in on the big stories were watching at this hour wilfred has the highlights ph wilfred, start off with the banks here. The key focus, sara, as we expected it to be on provisions for potential bad loans. They rose from all the banks from q 1 to q 2 and rose more than expected. Wells fargos more than doubling quarter over quarter the big question
Surveillence. Is a look at european stocks. Theyre getting the most in two weeks. Its a little bit better than our preliminary estimate. We see the German Economy powering through overall. We also saw some unemployment figures that beat estimates. Commodities extending a little bit of a record run. Eurodollar, a lot of focus on the currency today. Yield is atyear 1. 95. This is a we have coming up on surveillance. We will hearing from john chen. 10 00, we will be joined by Stephen Michael smith. Cklowsmith. A they will be seeking to joshua green. Will be speaking to joshua green. Onto nejra cehic. Officials debated the risk to american outlook last month with some concerns about inflation and robust growth. The minutes of the meeting show most participants reiterated support for, quote, continuing a gradual approach for raising the target rate. In three moreiled hikes for 2018. In the United States, the worst storm of the winter season has knocked out power to thousands of homes and bu
Boy, josh, you looking a the price target increases, every day. Monday you got a couple firms, wednesday two more and thursday three and friday today, two more the stock goes over 200 for the first time ever. Morgan stanley today, 225. Goldman goes to 235. Nobody should ever listen to my opinion on netflix. I bought it hat like 70 and sold it at 100. Thats 100 points ago. I i just look, its not that i disliked it i just never felt like i really understood how it would get as big as it now is, and to some extent i still dont i understand how powerful the content is i dont disagree i pay for it myself. I just ive always looked at this segment of the market as hypercompetitive, and you know what it was and still is, but netflix is an amazing competitor, and the content, goldmans note, the content is driving stocks and if you were slow to understand that you missed a lot of it and im in that camp. Im sure ill hear i cant own it, too expensive, too rich for me those arent the kind of stocks