What was earlier in the day in the labor market data. 5. 5 million is well above where we were pretty covid. Continuing claims still elevated above where they were a year ago , putting a dampener on the recent equity rallies we have been seeing in the dollar, part of a broader move across anancial markets to price in brighter economic prospect for 2021. Fromased interest republicans, raising a chance for a deal by the end of the year. Underneath it all, is the job weket losing steam and can wait for stimulus once again . Joe we will learn more about the job market tomorrow and talk about it more later in the show, but in the meantime maybe, maybe. The stimulus is going to happen. There seems to be some convergence among a handful of players around the deal, somewhere in the range of 900 billion, gop senators picking it up. Whats unclear is whether mcconnell was into it, the white house was into it. The Lindsey Graham thing today, he thought the white house would get there but that is a
Biden spent 47 years outsourcing her job as an opening your borders and sacrificing american blood and treasure and in the less foreign wars. Hes for nafta and chinas entry into the world trade organization. He also claimed that biden democrats have been rig the election was surprised, if i right back at a clip in ohio, former vp, claimed that if anybody is monkeying with. The election, and is the trump circus. Watch this. He decided he would be president. When american boats, they will be heard. And when americans are heard, i believe the message is going to be m loud and clear. Were done with the chaos. If we did with the tweets and engers the haze in the failures. Irresponsibility. With got a whole lot of work to do. Were going to get this covid19 under control. The polls as tightun as a dr. Were going to get into that with rare real clear politics a moment but how is tomorrow night going to check out. Ti is there any way of knowing what we suspect if the president can declare victo
Players test positive for covid19 including stephon gilmore, the patriots play that Kansas City Chiefs on monday despite a positive virus test for cam newton. The move drew criticism and potentially exposed more players to infection. Hurricane delta made landfall just south of the mexican area of cancun, knocking out power along the northeastern coast of the yucatan peninsula. It had top wind at 145 miles per hour, weakening as it went to the shore. A watch has been issued for the northern u. S. Gulf coast from texas eastward to grand isle. Delta is expected to make landfall on friday night or saturday morning. The entire state is in the possible path. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. Vonnie welcome to bloomberg markets. Here are the top stories that we are following on the bloomberg and around the world. President trump called off hope for
Europe here. We initially saw quite a negative story coming out of europe. In the United States, maybe some stimulus talks helping propel the story a bit higher. The s p up by over 1 . The euro has come back. It is still negative on the day. We did have a 1. 16 handle. We now have a 1. 17 handle, but we have seen continuing dismal inflation data out of the eurozone. Yesterday was germany. Today it is france. A 0. 6 print. We get the final number friday. Alix totally different from the u. S. , in that we are able to generate some inflation. Christine lagarde with her strongest signal that the ecb will change its goal. She said it may be worth examining a strategy that allows inflation to temporarily rise above the target rate, similar to the feds shift. We need to thoroughly analyze the forces driving inflation dynamics today, and consider whether and how we should adjust our strategy in response. The anchoring of fixed rate expectations might have loosened. The wider discussion today i
Prepare to release a scathing report targeting apple, amazon and others well let you know what they are upset about on this thus, octoberthus, october 6. This is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from whenever in the world you may be watching im Brian Sullivan here is how your money and the Global Markets are setting up their day. Stock futures are not doing a whole lot, dow futures off about 63 points. The major averages all coming off a winning session on monday, the dow surging more than 400 points to cap off its best day since mid july but watch the small cap, once again they outperformed, the russell 2,000 up nearly 3 for its best day in months, and dont tell anybody, but small caps on straight for a fourth straight positive session, first time that has happened also since midjuly and there is a lot to focus on outside of the president s health you have 17 fed heads speaking this week. Jay powell will speak today, and then you have 16 oth