Here are your top headlines from the bloomberg terminal. The fed flags the risks. Global stocks slide. U. S. Central bank minutes say the virus will weigh heavily on Economic Activity. Also betes will released later on today. The u. S. Suspends its extradition treaty with hong kong. Beijing and washington are also set to play in resumption of trade talks after last weeks flop. The eu rejects the results of the belarusian election. The block falls short of calling for a fresh bowl even as eight individual members back that kind of mood. Move. Lets take a look at futures. We are seeing red across the board in terms of european futures. More than 1 drops on the euro stock. Ftse very widely traded. Dax futures in frankfurt. Acrossseeing red arrows u. S. Futures as well. Still looking at drops their. 0. 5 on s p, dow jones, and nasdaq. Anna . Anna we see the European Equity market having to catch up a little bit. Lets get to breaking news in london. Too late is where they operate. Numbers c
Johns hopkins universitys big moments ago we have now hit 3 million in the u. S. That is reflected in the sector composition. We see it is technology outperforming, up 1 . It is those more cyclical growth sensitive sectors, industrials, energy, materials, a very hard in todays session. David which takes us back to the coronavirus, which makes sense. Gold has been climbing. Where is the dollar . Kailey the dollar is weaker. We are getting mixed messages from each of the asset classes. A weaker dollar indicates more risk appetite, more confidence about growth. Youre not seeing that reflected in gold. Gold is at its highest since 2000 10 since 2010. Clearly there is appetite on the part of investors to hedge some kind of rest if the markets are moving higher. At the same time, the fixed is relatively modest. The vix is relatively modest. Kailey we are right around 29. It is all relative when we talk about volatility. We are not where we were in march, but we are still elevated relative to
Any information on the coronavirus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at dot com slash science. Millions more file for Unemployment Benefits in the u. S. Its the most dramatic jobs downturn since the Great Depression brother cut slowing and will the gradual reopening of businesses help to get the latest from new york. Also coming up well visit a german machine maker thats now switching gears to help stem the spread of covert 19. And calling all nurses will look at an app thats pushing for all hands on deck in the pandemic fight. This is your Business Report im stephen beards in berlin its good to have you with us. Another 3000000 workers in the u. S. Filed for Unemployment Benefits last week adding to the Staggering Number of jobless in the country but continuing the downward trend the 1st filings more than 36000000 workers in the u. S. Have filed for the benefits since the beginning of th
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