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Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valu ....
[applause] we love you mr. Biden we just voted and jill is off to do an interview, but thanks for taking the time to cover it. And as we are. [indiscernible] mr. Biden what i say is that there is no excuse whatsoever for the looting and the violence, none whatsoever. I think to be able to protest is totally legitimate, totally reasonable, but i think that the looting, as the victims father said, do not do this. It is not what my son you are not helping. You are hurting. You are not helping my son. And there are certain things we are going to have to do as we move along. And i think i know the local folks in philadelphia are thinking about it as well, and that is how do we deal with how do you diminish the prospect of lethal shooting in the circumstances like the one we saw . That is going to be part of the commission i set up to determine how we deal with these changes, but there is no excuse for looting. [indiscernible] mr. Biden yes. Yes on both counts. Yes, i have a bill ready, numb ....
Announcer coming up in an hour, rovnerhealth news julie discusses the future of health care, including legal challenges to the Affordable Care act. Judge Amy Coney Barrett begins two days of questions from senators in the review of her nomination to the highest court. Journal andgton good morning. The second day of hearings begins at 9 00 a. M. , but we would like to hear from you about what you saw yesterday and what you expect today. If you support the nomination, the line to call in is 202 7488000. If you oppose the nomination, 202 7488001. If you are undecided, 202 7488002. You can also send us a text 202 7488003 the line to use and include your name and where you are from. cspanwj ande are on facebook at cspan. Wednesday and thursday as well our coverage plans. We will show you some of the sights and sounds as members come in. 9 00 a. M. Eastern here on cspan, cspan ....
On further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. It was down by 1. 3 , s p down by 1. 4 and the nasdaq off by 1. 5 . However, this morning the stock futures are sharply higher this started last night around 10 00 p. M. When President Trump posted a flurry of tweets, one of them calling for airline and Small Business payroll support immediately. And another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. And as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. Ylan mui has been following all of this and has more good morning. And just hours after the president walked away from the bargaining table, he appeared to take three steps back calling on democrats to pass targeted ....
Retail sales and Industrial Production gained momentum in september. The economy is set for a faster rebound than any of its peers. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. U. S. Stimulus negotiations approach another tipping point. Secretary mnuchin and Speaker Pelosi will resume their conversations in about two hours, as the House Speakers preelection deadline zooms. How much trouble are airlines and without ....