Bloomberg radio, bloomberg television. Earlier this morning, mr. Macron in his military, earlier london at whitehall, the british military, prince charles, i believe, in attendance there, and jon, you have to wonder who shows up with President Trump today on veterans day in america that is a mystery. Jonathan we mark veterans day in the United Kingdom as remembrance day, the 11th day on the 11th month. We will see the president today, and that is important. Whether we hear from the president , two different things, and we would like to hear from the president to see where he stands on the contested election. It has been building up, particularly over the last couple of days. Tom were going to go to market right now. , one, lisaexplain abramowicz is not with us today, an important day off for her come up in the catskills trying to find the proper word for the fourth thursday of november. Dow futures up. Look at the vix, under 24. Jonathan this market is balled up. Jp morgan calling it m
Twitter and facebook scheduled to testify before the Senate Commerce committee on wednesday. Examine whether that content liability shield section 230 is still relevant and needed. This is one of the days in the market, im not sure what is happening in the overall dow matters so much to the tech story. April sl about flat on some promising iphone 12 order lead times. Then if you look it at the nasdaq zoom is up amazon, etsy maybe thats some halloween eagerness. Yeah, a bit of a mixed bag today, jon you have the stay at home names you mentioned. Tech broadly lower weve got that doubleheader again this week. A hearing following by earnings from the Big Tech Companies. And its interesting, looking at facebook and alphabet this month, theyre actually outforemaniou outperforming the big tech names. Alphabet is up 8 . Facebook up 7 again, we see the theme. The pressure is on in terms of antitrust and regulatory scrutiny yet, the stock prices not really reacting those are the two names that h
Polls. I will ask liz peek for her thoughts and more all that and more coming up on making money. Charles so after failing to hold on to early gains the market is Building Momentum to the downside. We havent gotten into panic territory but theres a fair amount of frustration especially coming to nasdaq which continues to stumble. Well see what this is all about. When it comes to the economy, well the u. S. Consumer is in very strong position right now. The lowest disposable income ever. This powered credit schwarzenegger to the highest point ever. Wall street is looking 2021 earning to eclipse 2019 although there was stronger yearoveryear estimates when you go back to july. Back then the street was looking to 32 increase. As of this weekend a 26 increase. As for now the market continues to grapple with the inability to widen the rally as the same names move higher. When the growth names falter the entire market falters and become vulnerable. Who is iroing wolf . There still fiscal stim
Markets slump as warnings from the fed on the need for more stimulus ignites fresh jitters. Powell and mnuchin take the stage again today. Partial measures. France cracks down on gatherings and bars but will not impose a full lockdown to stem a surge in virus cases. Do it like the germans. Richie soon act will set out a new crisis plan to protect jobs today. One proposal is for a wage top up scheme for workers who return parttime. Otherwise known here as we are under no an hour away from the start of cash trading in europe. Big drops anticipated for european stocks. You can see ftse futures down 9 10 of 1 . Dax futures down 1 . Down even futures more. U. S. Futures dont look as bad. Remember, u. S. Stocks took a big hit yesterday. Europe escaped losses. Europe has catch up play on the way down. Set, at least in the s p and dow, to stabilize. Anna absolutely. Thats a crucial transatlantic difference in time. We ended in very different places yesterday. Lets have a look at the gmm. You c
To do very very top i think it is. The water where all the patients you walk on and give the go ahead. This is the one business show you cant afford fairmont washington coming up as unemployment remains unpredictable. Inflation is from paul will break it down to what that means the u. S. Economy Going Forward in the United States the world over a trillion dollars and off for them to take a look at the numbers and think just. How countries are adjusting to the dramatic drop in International Travel have a lot to get to so lets just start. Its thursday and u. S. Unemployment numbers are in more than 1000000 americans filed for jobless claims for a 2nd consecutive week well the Labor Department reported it with a weekly drop of 90000 but this is down from the 1100000 the previous week now this also marks the 22nd time in just 23 weeks the jobless claims are above 1000000 claims dropped below the 1000000 earlier this month but only for one week now this was since the start of the pandemic i