A beautiful new york today. Good morning in washington boston. Early good morning out in san francisco, to all of you across this nation on sirius xm. We also say good morning to anna edwards in london. Why are we doing this . It is august. Ferro is off. From whats is off abramowitz is off. I said, i want anna edwards, and here she is. I am going to go optimism here with bob doll any moment, with home depot and walmart and all that. Explain to our american audience the place of Marks Spencer in the United Kingdom psychology, and what it means that one in 10 bodies will be shown the door. This isnt necessarily a very optimistic way to start the hour, but Marks Spencer, a huge retailer that was on every high street in the u. K. It is going to be getting rid of one in 10 of its staff, mostly through retirements and the like, but it is not just about covid19. This is a secular trend that has been affecting the retailers. Not only do they have to deal with the fact that a lot of their custo
Family members argue thats not the case and since most of the country reopened just a couple of weeks ago more than 20 states are now reporting an increase in corona virus and. Today marks the 21st consecutive day of nationwide protests following the death of george floyd over in minneapolis minnesota but now a Deadly Police shooting involving a black man in atlanta is triggering more demonstrations and moments ago the mayor of atlanta addressed this latest shooting all of this as new congressional legislation is being introduced to address Police Tactics across this country are to project is just ahead of the white house with more on these latest developments fair. Woman as you know ive been covering these protests since the beginning we are on day 211 of the biggest changes that were seeing here is remember those big 10 foot barricades up those fences well those fences are. An hour down and you can see behind me open to the public is Lafayette Park where 2 weeks ago President Donald
The nasdaq is 1 higher. 715. 80. The yun at crude oil is rallying again after inventories earlier on were a massive surprise. 34 a barrel. Calmern calm her vix vix, below 28th. Lets get a market check with taylor riggs. Onlor a trend going underneath the service is it is the big caps outperforming the small caps. One of the day got performers today outperforming the nasdaq and the russell 2000, the. A lift off in 10 year yields, up to 70 basis points. Hsbc told me yesterday that their target is still around 50 basis points. You still see that 10year range where it has been the last few weeks. I want to show you a chart in my terminal. We have been talking about the rally in European Equity markets after an announcement of their recovery fund. That means it is catching up to the s p 500 on a former pe basis. The s p is about 27 times the european index. Pe up to about 20 times on a basis. I want to take a look at the home index. Forooks like it is losing the first time after a nineday r
Iran after the government admits it and suddenly it accidentally shot down a ukrainian jetline. Washington aso china and the United States look to sign a phase one trade deal. Begin reporting with j. P. Morgan, citi, and wells fargo numbers due this week as Goldman Sachs says it plans to double its headcount in china. Good morning. David good morning. Matt good morning. We are looking at futures showing gains across europe. Take a look in terms of the dax and ftse futures. Cac futures are down just a little bit but we do see a gain on dax and ftse futures, just slight, but they are green arrows nonetheless. We see gains in terms of u. S. Futures. In fact, much more strong in terms of u. S. Futures much more strength in terms of u. S. Futures. Atdaq, s p, and dow jones. 3 . Anna lets take a look at where we are. That does seem to be on the move. It was flatter than that perhaps , just half an hour ago or so. Highera tentative push on asian equities. We are without japan. The philippines
Signature of the president of the united states. The ukrainian jet that fell from the sky the government has obtained evidence that indicates a rapid dissent of the boeing 737 was not caused by a mechanical issue or pilot error. The Ukraine International airlines jets plunged from the sky minutes after takeoff, killing all 167 people aboard. Witnesses say the jetline was on fire as it plunged. Britain passed a major milestone on the road to brexit. Prime minister johnsons authored legislation putting in and to gridlock. They voted in favor of the Withdrawal Agreement bill which passes to the upper house of loris. Prime minister johnson once it passed before the end of the month, so the u. K. Can leave on the scheduled day of january 31. Global news, 24 hours a day on air and quictake by bloomberg powered by more than 2,700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, i am vonnie quinn. Live in