The police in force coronavirus regulations and says he wont let corona virus deniers and right wing extremists use berlin as a staging ground for a 2nd time. The Event Organizer put out a press release saying he fears that fundamental rights are being violated not just now but also for the long term. It will appeal all the way to the federal Constitutional Court if necessary its just on. Different groups called on protesters to set up a camp and berlin the far right if tea party also wanted to participate on the demonstration cannot be banned because it might break the law law and justice must be enforced during protests i know demotes lets all do it so that some right wing extremist groups are also mobilizing to take part in the demonstrations warn observers. We are truly worried by this mobilization of foreign groups that are ready to commit violence across the country i spect form. Online there are more and more calls to drive to berlin in protest despite the ban. Lets get a break
Companies listed in new york. Tiktok remains a major stumbling block. Uber delivers, but not where we might have expected. Food shipments top ridehailing for the first time as the decade of unchecked growth hits the brakes. Haidi lets kick it off with a check of the markets. U. S. Stocks are surging, pushing higher as hopes of a stimulus to deal in congress will be imminent as President Trump says if nodeal is forthcoming, he could take action himself. The are seeing s p futures looking flat at the moment after the s p 500 pushed its fifth straight positive session overnight. Chicago nikkei futures also pretty flat at the moment ahead of the holidays kicking off next week so as you expect, we are seeing traders shifting their holdings and also assessing a flood of earnings. The aussie dollar holding that threeday again before the rba Quarterly Monetary Policy forecast. That report due out this hour. 72. 33. We heard from phil evans in the previous hour saying he sees putting clear road
The dow industrials this wednesday morning are going to go up about 170 odd points at the opening bell. S p, modest gain. A fractional loss, though, for the nasdaq which is at the 11,000 level. Stocks overall getting help from the virus relief talks. Mitch mcconnell talking compromise. Senator schumer talking concessions from both sides. Theyre looking for a deal by the end of this week. My opinion, there is no way Congress Leaves Town friday without spending at least a trillion dollars. I think a deal is coming and the market likes it. Two stocks in the news and moving. Disney, up sharply despite losing 5 billion during the pandemic lockdown. Disney plus has 60. 5 million paid subscribers, 100 million overall and they are starting another streaming service next year. All of that helps. Disney is up seven. Novavax, their phase one trial showed their vaccine to be safe and created an immune response. That stock is way up, 30 bucks a share on the upside. All right. Something different. L
That remdesivir showing the risk of death in severely sick patients is very very promising and now the ceo had to couch that with, you know, that fine print, but these latest findings require some confirmation, so again thats just in keeping with the requirements that all of these biotech giants face in coming up with potential cures and or vaccines for this virus, but a lot of fastmoving developments are keeping track of the president , and hell be in florida very soon and speaking there raising money there, and hes got a busy weekend coming up with both duties of the job, duties for the campaign, raising money, also the back and forth whose better for wall street, the president says he is, joe biden says that hes not vowing to investors or Shareholder Capitalism, and im not quite sure what other capitalism there is, but anyway, were going to explore that back and forth with the likes of Bernie Marcus who of course came to fame and built a billion dollar empire with home depot when no
Fast jobs will return to sustain that and to turn that into real consumpti consumption. Ron, were seeing spices in coronavirus infection. Were seeing spikes in hospitalizations as well if you looked at trends in other parts of the world, you know, sometimes those do tend to follow the infection rates is it based on an expectation that may not play out. Maybe we were through the worst of this when in fact there is still quite a bit of Health Mandates just assuming we have a Straight Line up into the future i think there is room for disappointment we have higher infection and hospitalization rates. Sadly i think the death rate is followed up by lag im particularly worried about how many states and local governments will have to push the pause button or reverse on reopening efforts. I think there is choppiness ahead. I think it will be until we get here it can be rolled out basically globally tobias, i know you just had a institutional client poll. As we wrap up this Second Quarter, what