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Down without demand. Ryanair says the risks are skewed to the downside as the ceo called the new lockdown political mismanagement on a grand scale. Welcome to the program this monday morning. Just under one hour to go until the start of the cash Equities Trading session and futures look like this. It will be moving to the downside. The u. S. Session on friday, particular tech stocks taking a hit. You might expect negativity coming through. Lets have a look at u. S. Futures, a slightly different trend for us this morning. No trend, in fact. Fairly flat. Theaw a definitive move to downside on friday. There are a number of themes in play as we go into this, not least of which the u. S. Election and the fed. The chinese data we had out overnight, interesting of course for markets but really from a european perspective, we are focused on what is going on with the left story across europe and we will be thinking a lot about that and t ....
Ask yourselves now that nearly all the big tech outfits reported and a day the market rebounded from its lows. S p jumping 1. 19 and the nasdaq surging 1. 69 . All right. It didnt make back everything it lost, but like i said, nobody ever made any money panicking. If you panicked yesterday, always a better time there is a whole network of smart, rigorous Money Managers who believe apple, amazon have become ridiculously expectative. Downright danger to zone they dont welcome the possibility that these could be worth trillions of dollars im not kidding, every day same goes for their compadres netflix and microsoft. There are tons of stocks in this market way too expensive by any traditional valuation metrics. However, that does not include facebook, apple, amazon, maybe alphabet say nothing of microsoft only netflix is one that i think is a bit of an outlier this is 2020, not 2000 that being the dotcom boom with the exception of ama ....
Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup ....
Despite the threats from the box. Im brian thomas great to have you with us today the fridays for future climate protests are resuming around the world today for the 1st time since theyve had to make restrictions were put in place australias sydney harbor the very 1st to see demonstrators returning with more than 3000. 00 other climate events planned around the world today for the last 6 months or so protests have been held virtually online the movements figurehead the swedish teenager gratitude is joining an event in stockholm more than 400. 00 demonstrations are planned in germany alone organizers have pledged that all events will be socially distance. Earlier i spoke with John Paul Jose hes a climate activist and india i asked him how indias rising number of covert cases in 6000 in the last 24 hours be affecting climate protestors are. Ordered her to stand going on Many Politi ....
Cup final despite the global pandemic. Im simply so much going to thank you for joining us fridays for future climate protests are back on today for the 1st time since a coronavirus pandemic started 6 months ago the unprecedented rallies calling for climate protection went online with the pandemic began today more than 3000. 00 climate strike events are planned and they are taking place all over the world. Standing on an ice floe at 82. 00 Degrees North in the middle of the arctic ocean. 18 year old mile wants you to notice the sea of slush surrounding her. Coming down on to the level of the war with all of the around. Her. Reminded me how easily we could lose everything here she may look like a lone figure but shes one of thousands calling for Climate Action around the world from Sydney Australia to stockholm sweden wo ....