Talks continue into today. The s p global is in advanced talks to buy ihs mobile markets in what would be one of the biggest deals of the year. A very warm welcome to the program, everybody. Just under one hour away from the start of cash equity trading for European Equity markets. Good to be back in the studio. Thats have a look at the future is and what they tell us about where we are headed this monday morning. Futures dont look great. European features move to the downside. The Asian Session has been fairly negative. These have been record months for global stocks. Rebalancing at the end of the month perhaps is part of the story here. We will talk to the market live team about this shortly. Lets take a look at what is going on on the gmm. Some of the weakest in the weakness in the Asian Session, down one point 3 on the msci asia pacific. Indonesia under pressure. A host of emerging markets under pressure. China outperforming a little today. The Manufacturing Activity we referenced
Just because. Im. The head of the International Red cross warns of that vaccines wont solve all the problems with the virus. Are broadcasting live direct from our studios in moscow this is Art International im sean thomas certainly glad to have you with us we start in paris where protests are taking place again this weekend over a security bill that could stop the public from filming the Police Demonstrators in the french capital tore through the streets setting fire to vehicles and smashing in shops and banks the authorities responded with tear gas over 60 protestors have been arrested and several Police Officers injured. Was there for us. Well you can probably see behind me its already getting pretty good here in paris was burning and you can hear the tear gas is being left all 4 were in the middle of it at the moment and. Streaming the weve already seen clashes between the police and the protesters at the very start of this protest police being pelted with the room next with close c
87, the s p 500 is up 10. 5 this month the russell 2000, the biggest ever month live oly outperforma small caps that sort of sets the scene for us your note today to our producers to me says everything, bryn. You say, yeah, were overbought, the market is technically ahead of itself, 200Day Moving Average but wed be buyers anyway yeah, you summed it up perfectly. I think to give some perspective around that, when youre looking at technicians or technical calls, the 200 Day Moving Average, over 90 of stocks in the s p are over their 200 Day Moving Average when that number gets above 80 , thats typically a time to take a stand back as a trader as an investor, though, as we are, you want to take a look at that and say, hey, if we get a selloff, which im sure well get because thats just the price of admission for being an equity investor, we absolutely want to be in stocks because what are your alternatives cash or bonds . And both of those offer you no yield and so we also think that next
Long. Then we are looking at cracking down on china. The Trump Administrations latest efforts to keep american money out of chinas military. New executive order coming up. Office of trade and manufacturing director Peter Navarro is here to discuss china and threat. Take a look where we stand with the dow industrials, 1 , nasdaq up 96 points and s p higher by 32. This falls a dismal day on wall street yesterday. The dow industrials were down 317 points, nasdaq lower by 76 and the s p lower by 35. Meanwhile the future of a Coronavirus Vaccine, new measures President Trump is taking in order to increase access once its ready for rollout. Alex azar is here live in 8 00 a. M. Hour. Elon musk has some questions. Why tesla chief has said about the results from four separate covid tests and then back to the shack, iconic miami eatery is reopening doors and providing you the seafood experience, we will take you there. Mornings with maria is live right now. Maria lets take european markets this
The transition process starting to kick in. Tom not only the good news, but just as much as there was no bad news today, and that gives a lift to equities and other adjustments in the market. Jeffrey currie will join us from Goldman Sachs, which is wonderful. Futures up 27 and we will talk about the data in a moment, but yes, chair yellen front and center in this historic moment for our politics. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika President Trump is finally calling on his agency to cooperate in the formal transition process with joe biden. That follows weeks of inaction. The General Services Administration Made its official made it official with its acknowledgment that biden was the winner of the election. Still, President Trump says he will contest the outcome of the vote. Formeren has turned to fed chair janet yellen to be his treasury secretary. She would become the first woman in the job if she is confirmed. She is likely to wi