Likely overstepped. President trump announces rapid virus tests to expand Patient Access and reopen schools. Cases continue to rise as deaths are about to past one million globally. Shery thats get you a check of how the markets are trading. We are seeing u. S. Futures coming online flat after we saw the rally in the york regular session. We saw the s p 500 jumping the most in two weeks, extending that global rally that we saw overnight. Investors really buying the dip after four weeks of losses. We had some rebalancing of portfolios ahead of the quarter end. We have the s p 500 seeing its best day since april. Banks leading the gains. All 11 sectors gained ground. The dollar rally hitting a positive in this rally in the stock market. Wti under a little bit of pressure at the moment. This after it drew some support from the u. S. Stock rally. It was at a oneweek high. We also have some optimism over a potential stimulus deal. In the broader context of things, oil remains down 5 in sept
Colleges are told to offload holdings of mainland companies. Australia signs a deal to make any covid19 vaccine for all. The government will distribute should it prove successful. More vaccine optimism playing out in australia. Lets look at how we are shaping up in terms of the u. S. Future session. Another renewed push of momentum in u. S. Markets overnight, hitting the record, propelled again by the same names. Also betterthanexpected u. S. Housing data. 2016 helping out sentiment, as well. We have positivity when it comes to the active futures trading at the moment. The nikkei 225 trading in chicago, looking flat at the moment ahead of a trade balance numbers, as well as machinery orders. We do have the topix, best performer in terms of Global Markets so far in this month of august. We are looking at broad weakness when it comes to the u. S. Dollar. The dollar sinking to his lowest levels since may of 2018. Im worried about the u. S. Economy with yet no relief package, stimulus pack
Strongs comments yet on ties to beijing. Debates travel bans. Job numbers underlie the impact on the economy. Do a quick check of trading atarkets are the moment. U. S. Futures are flat after stocks ended mixed in the regular session. We had markets really searching for a catalyst. Sentiment was a little bit pressured. Trading at u. S. Weekly jobless claims above one million for the 13th week. Andad gains in Energy Consumer staples on the s p 500, but at the same time, real estate industrials weighing on the index. The nasdaq composite did gain and ended at the highest level in a week. The dow lost about 40 points. Take a look at what oil is doing. Prices finished higher in the regular session. It is up and trading above the 38 a barrel level. We did get opecplus looking to make up for mixed Production Cut targets, boosting prices to the highest in more than a week. Lets see how things are shaping up for the asian markets now. We are looking at a mixed session for this friday. Volumes
Since the death since the disease emerged. The causing Severe Damage to the global economy. It also says australia is leading developed nations through the economy. Shery lets get a check of how markets are trading. We are seeing u. S. Futures under continuous pressure. The futures session right now. This after stocks fluctuated throughout the day. We had the risk on tone fading. This is Economic Projections pointed to the long road back to normal. We had the s p 500 falling half a percent. Finishing lobar display chair powell suggesting the pandemic could inflict permit damage on the American Economy and despite the fact treasury secretary mission says the u. S. Definitely needs additional fiscal stimulus so we could see more measures from the u. S. Government. The nasdaq composite was higher by seven tencent 1 . A similar mixed picture we saw with tech stocks rallying. The nasdaq 100 climbing to a record high finishing above 10,000 for the first time. Take a look at what the dollar i
Curbs. The amount of storage is 300 higher than a year ago. And global virus cases top 7 million in less than a week after topping 6 million. The u. S. And u. K. Show signs of a slowdown. India and brazil are the new hotspots. Taylor lets get a quick check of those u. S. Markets and a reminder of how they ended. Erased all the losses that we have for 2020. The nasdaq 100 continues to post more record highs. You see futures taking that in stride, mostly unchanged after what has been an astounding past few days coming up the big fridays jobs report. The optimism continues here in the monday trading. I do want to see how things are shaping up for some of the asian markets. For that, we have Sophie Kamaruddin here. Are asian markets extending some of the optimism we got in the u. S. . So, even afterestly we got warnings from slowing growth from the world bank. Kiwi stocks adding about one third of 1 at the start. Clawing back year losses as the country with social distancing rules. Austral