Performing significantly better than europe, also pointed to stock that has the u. S. Market gains against other countries. We will continue listening to the president and see if he has anything more to say. We are waiting on anymore comments from a u. S. Stimulus package, not to mention ongoing u. S. China tensions as we are getting close to that and of wecheck. Pps tiktok and quick check of stocks trading at the moment, u. S. Futures holding flat after u. S. Stocks surged briefly to a record high, reachedthat 3386 level february 19, before the pandemic. The s p 500 closed 1. 4 percent higher, tech leading gains. Nothing specific driving the rally, Speaker Nancy Pelosi saying lawmakers are miles apart on another fiscal stimulus package. The s p 500 index saw the biggest jump in over five weeks, all 11 Energy Sectors rose. Look at what oil is doing at the moment. We are seeing it under a little pressure, headed to the 42 a barrel level, after jumping in the new york session to a fivemo
The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession since the 1930s. India is set to extend its current 21 date lockdown to the end of the months to allow more time to evaluate the spread of the infection. The Prime Minister said the government has adequate supplies of medicine and protective gear for frontline workers, adding that the next four weeks will be critical. The virus is ad social emergency. In hong kongals are facing a pay cut. Announced new stimulus. The additional spending accounts for double the projected government budget. The ph
Lets get over to china correspondent in beijing for more. What are the latest developments . The economic front, we did hear from the finance minister over the weekend. There will be additional measures from china to cut taxes and fees to support the economy. We saw additional meters over bond issues at the local government level. Additional letters from policymakers to support the economy. Meet its social and economic target. The question is how much budgetary pressure china will be under and how aggressive these stimulus measures are going to be. Pboc has lowered Interest Rates ensure Financial Markets in terms of cases, 68,500 are the latest numbers in terms of infection. 1600 deaths. The rate of infections continues to slow. We had a doctor out of one of the hospital say that now according to state media, this is starting potentially to peak the rate of infection. The new officials on hubei profits, wuhan is the capital, population they are told not to leave their homes. Leadership
We have seen action from the pboc already. They have cut their mlf rate. We are also headed towards the loan prime rate announcement this thursday. All eyes on what the easing measures could look like. Lets look at the Market Action now with sarah ponczek. Sarah it is a mixed picture across the asiapacific region, but it is really just tip japan after the weaker than expected gdp, donna bowen. 7 but well off lows of the session. At one point the nikkei was down 1. 5 . Making its way back to positive territory but still seeing steep declines. Mainland stocks and hong kong stocks continuing to see upside after strong returns last week. Now making up all the postLunar New Year losses. And hong kong hang seng up. 6 . U. S. Futures extending gains after closing at a record on friday. But remember, u. S. Markets will be closed for the president s day holiday on monday. One index i want to show you is the ms ci all country world index, one that houses emerging and developed market stocks. Giv
Discusses the administrations move to hold families indefinitely. Take your we will calls and you can join the conversation on facebook and twitter as well. Washington journal is next. Host reports indicate the u. S. Is very close to a deal with the taliban to withdrawal american troops from afghanistan. Ending our 18year military presence there and fulfilling a key 2016 Campaign Promise of president donald trump. Good morning, welcome to washington journal for this wednesday, september 4, 2019. Well start the program asking about that and heres how we are going to separate the lines. If you are an Afghanistan War veteran that line is 2027488000. And for all others, please use 2027488001. Everyone welcome to post your thoughts on facebook, facebook. Com slash cspan and a tweet cspanwj. The news that came out yesterday could be affected by reports of further violence by the taliban. This is an a. P. Report posted online at Washington Times. Com. Afghan government raises new concerns abo