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The 71yearold veteran politician will succeed abe shinzo who has resigned to deal with health issues. Suga supported abe as chief cabinet secretary for more than seven years. He says he will push forward abes policies to deal with the coronavirus and revitalize the economy. He also vows to push forward administrative and regulatory reforms. The emperor cerememonially endorseded suguga in his cabine line with the constitutional requirements. Suga will hold a News Conference at 9 00 p. M. Local time to talk about his priorities and the challenges hes about to take on. Well bring it to you live. Now heres a quick look at the life of the countrys new leader. Reporter nearly every day for the past eight years, Suga Yoshihide has stood here taking questions from reporters especially in a tim they faced tough criticism to unpopular policy decisions. The top spopokesperson seemed un ....
Suffering the biggest oneday loss in two years. The dow dropping 3. 5 . The worst day since february 8, 2018 the s p losing 3. 4 . The worst day since february 5, 2018 about 5 off the record intraday highs. This morning, futures trying to pull off a bit of a turnaround after a sell off for the dow we could see the dow open up by about 80 points. The s p up by 9 points and the nasdaq up by 50. It is not much but something well see can stick in this session. Bouncing back from record points in those moves, 10year note drifi dr drifting lower twoyear note yields 1. 45 gold giving back a chunk of its gains. Currently 1,653. 40 thats comex index it is a run towards sevenyear highs. The market message is stocks tend to bounce back quickly from days like yesterday. There have been 18 drops on mondays s p 500 and the following day has seen an average gain of 1 well see if those green arrows stick. Bouncing back with a big picture in asia. Remember, tokyo was the focus. The hang seng up about. ....