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Secondquarter rally to 20 . The dow jumping 18 . However, dr. Anthony fauci today, the nations leading disease expert, said cases could soar if behaviors do not change. Fed chair jay powell said getting the virus under control is just as import does the u. S. Economy itself. Abigail doolittle has been covering the ups and downs. What is driving all of this . Abigail behind the rally we had today and yesterday, i think it is just a cushion to the end of this banner quarter. Investors wanted to make sure they locked in the gains. Fundamentally, not a lot changed. There was some fundamental economic data. Little bit more positive, some Chip Companies put up some good quarters. From the factr that there could be some more Companies Boycotting but a bit of a rebound rally. Confirming the risk on mood company 10 year yield higher. Bonds are lower on the quarter. 20 on the up ....
1. 5 two year just below that at 1. 478 overnight in china, look at those stocks and youre going to see the nikkei was up by 2 , 2. 1 in shanghai, market there up by a percent and hang seng closed flat and then if youre looking at what has been happening in europe with the early trading taking place this morning, you will see mostly green arrows there. The cac up by. 9 . So is the dax. The ftse down by half a percent. Cnbc has you covered for all of the big global stories that are moving markets today were going to take you to hong kong for the latest comments from carrie lam. An update on the political crisis in the uk over brexit exclusive update on the tariff fallout for small retailers. Lets start in washington now, with the news that the the big news that is moving the markets now, trade talks with china, set to resume next month. What do you got here the news breaking last night out of beijing, the Foreign Ministry issuing ....
From the start. Global uncertainty the most important issue for their markets as jackson hole discusses threats to growth. An hong kong protest take an ominous turn. Place drug guns and fire a shot, as demonstration turned violent again. Shery lets get started with a quick check of markets. U. S. Futures at the moment plunging 1. 1 heard this after we ended the regular session friday and President Trump escalated the trade tensions against china, saying he will boost tariffs. This coming after chinas retaliatory tariffs. On friday we saw a negative sentiment across markets. The dow falling 600 23 points, the s p 500 lower by tack and Technology Energy stocks. After chairman Powell Comments at jackson hole which raised speculation now about the fed potentially easing more in the coming months. That felt 3 . Continue ....