Cases surging in many u. S. States. India considers new lockdowns. Facebook insists it has diversity at the top of its list. But it seems to have done little to boost black staff numbers. Lets take a look at how we are shaping up. That drag coming through from u. S. Stocks. Rotation ofsee this the highflying tech stocks. Netflix casting a very dim shadow. Missing horribly on just about every metric investors care about. Nikkei futures up by a quarter of 1 . Tsmc raising its outlook for evan revenue. Maintaining there for your guidance. Saying that they are seeing improve conditions coming out of china. Lets take a look at chinese stocks in particular as we close out this trading week. One state media article suggested it was responsible for corruption and bribery cases against china. We will continue to see if that stock stages much of a rebound. Shery of course. Also moving markets as the coronavirus. Deaths topping 585,000. U. S. Infection rates rose 2. 5 . Brazils count rose above 2
Any moment. I want to bring in our Bloomberg Markets reporter, taylor riggs. Walk us through the equity markets. Pricing seemed to deteriorate toward the close. Taylor so much volatility today, on days you would typically see from earnings. Companies reporting like caterpillar, 3m, really thinking that the worst is not as bad as it seems. All of that, like you mentioned, really deteriorating into the close. A lot of that had to do with Consumer Confidence data, showing that levels are down to the lowest since 2014. The russell 2000, 1 of the bright spots in an otherwise pretty negative day. Continued talks about states separating from the federal government and trying to reopen on their own time, a lot of these smallcap stocks are the performers today as we continue to get these talks about reopening the economy. Crude is another big story we are following today. All over the place today. Positive, negative, positive territory. About 3 act ending up higher or so. You did have some nega
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