But those hopes may be shortlived. Democrats proposed a new plan but republicans worn a wide gap remains. Mitch mcconnell says the plan contains poison pills. And australias plan to have women hold at least 40 of leadership roles in asx 200 companies. Aberdeen has already signed up. Shery heres a look at how markets are trading. We are seeing u. S. Futures coming online, down. 2 . This, after u. S. Stocks ended the session higher wednesday. Also the last trading day of the quarter for u. S. Stocks. Haidi mentioned talks and hopes for a stimulus package in the u. S. The house has delayed the vote on that bill, trying to get more time to reach an agreement with the white house and treasury secretary. The s p 500s on nine sectors out of 11 higher. Health care and financials led the gains. Showingitive ecodata, u. S. Companies added more than 700,000 jobs in september. The dollar weakness, a third consecutive session of losses. Not to mention before the quarter, just posted its biggest qua
He would be the first one to say there was so much more to do celebration of his life will take place over the course of six days it kicked off saturday after these events he will lie in state at the Georgia State capitol on wednesday thursday he has a celebration of life theres several more days where he will be remembered and it does feel as though people are coming together at this time to kind of highlight the choices, the brave choices he made with his career and the impact that had on civil rights legislation, among many other areas thats right. I was just look at this shot of Senate Majority leader Mitch Mcconnell and nancy pelosi both standing by in a socially distanced set up the aerial shot that was stunning and will be an image that stays with us as a marker of this time with bipartisan in such short supply in washington, the memory of john lewis is something that has brought lawmakers, policy makers from both sides of the aisle together both mcconnell and pelosi are schedul
Haidi welcome to daybreak australia. Counting down to asias makeup major market opens. Shery the top stories this hour. Treasury yields hit some of their highest levels since 2007 head of fed today. Instacart making davids cash gains on its trading day. Haidi oil prices are presenting the fed a quandary, adding to inflationary pressures. Shery indonesia ion of critical mineral trade deal with the u. S. As the green transition accelrys. We will hear from the indonesian president. We are seeing a little bit of green but not a lot of movement. We have the s p 500 down to a three week low. This on the eve of the fed rate decision. The expectation is for the fed to deliver a hawkish hold. This with the fact that we do have Higher Oil Prices, not to mention traders were watching hot canadian inflation data. For more clues of where global prices are going. Take a look at treasury yields which rose across the board. The fiveyear and 10year yields adding the highest since 2007. Youre watching w
S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live for days like this, watching the dow and the impact of china spread across the globe. Bob pisani, anything with any china or Commodity Exposure is getting pummeled. Dow up 240 yesterday, down 240 now. Its a wasted week so far. Put them up, Materials Energy and industrials to the downside. Thats the big losers. Some of the obvious names and their impact from china. We always talk about casinos, wynn 70 of revenues in china, and yum brands 50 of its revenue in china down 5 . Those are the easy ones
Not be going. We have the inauguration covered walltowall step by step. Adam shapiro, this is interesting. Hes about to walk the path for you live that trump will follow friday. And former ambassador howard reveals the challenges he faced eight years ago. Hes the guy who put together the obama inauguration back in 2008. I have to ask. Will any executives be on the list . Maybe not as trump iced them out again saying their prices are too high. They move overseas to dodge taxes. Epipen maker guilty on both those counts. Food activist robert here live. Are trumps threats already saving patients money . Plus first the elephants and now ringling bros. Circus is putting the entire show out to pastor for good. Did the greatest show on earth really get trampled by elephants or did the creepy clown scale put the nail in the circus cough in . Who wants to be clowned anymore, you know . The markets are closed on this Martin Luther king holiday and so is the competition. But not us. Pinch me. Im l