Another 8 today. Facebook, twitter ceos appearing on capitol hill. Mark zuckerberg and jack dorsey were on the hot seat over censorship concerns. Well have the highlights from their testimony in just a few moments. Im connell mcshane. Welcome, everybody, to after the bell. It us great to have you with us. Time now for the news happening at this hour. Fox Business Team coverage. We have blake burman today in washington, susan li and Jackie Deangelis both in new york an gerri willis coming up. She is watching the retail numbers. Blake, lets start with you, any update from washington on the stimulus talks with virus numbers continuing to spike . Potentially, connell, when you look especially down the road, december 11th. Why . Lawmakers need to come together to pass a spending bill so there is not a government shutdown. That is significant in its own right. Why is that also important . Because there is now starting to be some talk in washington about whether or not lawmakers could also ad
The bell apple, facebook, amazon, and alphabet we will also get results from starbucks, twitter, act vision and many more names. We will bring you all the results as soon as they hit. Analysis as well to help you figure out how what to do with the stock. Speaking of earnings in joel we will speak with the brandnew ceo of tapestry, her first interview since taking the job that stock soaring after getting a beside on sales in china music mike tracking the broader markets, Steve Liesman, and meg tirrell has the latest on the covid emts troo and vaccines mike, talk to us about the comeback we are seeing. A respectable bounce. Coming into the day the market was stretched to the downside after the declines not just of yesterday but the past couple of weeks. We had lost 119 in the s p alone yesterday. We are regaining not quite half of that. 3,200ish is the level just about everybody is looking at. It isnd responding, but definitely not necessarily in a decisive way bond yields up today reall
Welcome to bloomberg surveillance. Happy monday. I am Francine Lacqua here in london. Toin, a very busy week, on the u. S. Election and about 16 days. Looking at futures, the hope is that we will get stimulus, and i am looking at treasuries. The pound already up after reports that officials were prepared to water down controversial brexit legislation and a move that could revive failing talks with the European Union. Also, the yuan seann gains. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Nancy pelosi says a preelection is possible, but she has set a tuesday deadline for making more headway with the white house. President trump is confident he can persuade the republicans to back a good deal, renewing his offer to go beyond the dollar amount that is now on the table. Now china has passed a new law to restrict sensitive exports to protect national security. It provides a framework for beijing to fight back
With china while his father was a sitting Vice President. This as big tech remains under fire for blocking user access to this story. Coming up to discuss, steve bannon is here, georgia congressman doug collins and parler founder and ceo john mace joining us coming up. Were standing by for he retail sales this morning, ahead of the numbers, markets are mixed. Dow down 19, nasdaq up 15 and s p 500 right now down about three quarters of 1 point. Markets yesterday finished in the red, off of session lows by the end of trading, dow industrials gave up 19 points, nasdaq was down 54, s p lower by 5 points yesterday at 4 00 on wall street. The state of real estate, who is leading the push to flee big cities like new york to make a home in the suburbs . Plus flying right into your fridge, one airline is selling sky high meals in stores. Its making a buzz this morning. Mornings with maria is live right now. European markets are higher, take a look, the fq100 is up 41, cac is up 55, and the dax
Day for the Federal Reserve system. It is a meeting of mystery. Our Michael Mckee will be there for the press conference, special coverage this afternoon. But right now, a great conversation on some of the challenges that we are going to see. Jon ferro, to me, the major challenge, with futures up 17, you mentioned this earlier, this morning, is the two americans that are out there, that two americans that are out there right now, jon ferro, are nothing like what john edwards ever thought he would see. Jonathan just compare and contrast, tom, take the airlines on one hand you can take any sector, the retail sector, and compare it to fintech right now. Big tech on fire. Other companies, tom, literally slashing in tens of thousands, and a central bank that has to set policy for both economies. That is a tremendously difficult position to be in as a central bank right now, and that will create distortion. Some would argue that is already happening. Tom Lisa Abramowicz, within your reading,