panic or price spikes. than 52na listing more times oversubscribed. we will assess investors appetite with the ceo, joel silverstein. haidi: that is a market highlight but in the meantime, let s take a look at how the set up in asia is faring given we did have the resounding tech rebound. sophie, what are you watching? at .8%.s&p e-minis stock futures pointing higher come of this ahead of the session that brings philippine trade data and a decision from malaysia. beth are split. the malaysian economy is showing signs of a rebound. korma she orders are due. we may see a pickup in cap exeter and by the auto sector in japan. from south korea, we are waiting on an announcement of a fourth extra budget that is expected later this afternoon ahead of that we have kospi futures looking a little bit lower. we have the kospi set to be the best performer in asia this month, up 2.1% so far in september. a quick check on the offshore yuan just holding steady after rebounding on that dolla
in the corporate world office cash and apologies for historic racism. critics say people want more than just words and serious action is needed. let s get you a look at the markets. we had a whipsaw session as these comments from jay powell really causing investors to take a step back and consider the amount of risk being put on the table with this record rally we ve seen this year. we are seeing on the downside when it comes to trading in u.s. futures. down by 4/10 of 1%. chicago futures, also pointing like a down stock when it comes to trading. over in tokyo, i should say. in sydney, a downside of 1.4%. interestingly, we are seeing that strong rotation from gross into value stocks in the australian market. new zealand, on the downside of .25% despite rough data that suggests credit card data for may saw a bounce in consumer spending. story, back to our top the federal reserve sent the most dovish signal it could after they didn t. make a policy change kathleen hays is here.
to the importance of signal of folding below a 1% year yield. the two-year is many people will be discussing emergency fed action. francine: yes, i think that will permeate through what we look at everyday, bond markets around the. world let s get to the first word news first word news in new york city with vienna or title. viviana: we begin with the first moving developments to the coronavirus fastbreak. the japanese island of hokkaido went quiet after the governor declared a state of emergency. new zealand and lithuania putting their first infections. south korea has more than 2000 cases. the u.s. is moving to expand the number of people being tested. health authorities say they will test anyone with unexplained severe respiratory illnesses. j.p. morgan is joining other corporate giants in restricting travel, the bank saying international business trips will be limited to a social travel only. previously they had limited travel only two regions hard-hit whether coronavirus.
bigger issue with algorithms. kailey: john legere. details on that, plus a story about wework s toxic phone booth. jason: and a special summit on security. they have got a new exhibit called revealed: the hunt for bin laden. kailey: we have much more ahead on that. we begin with our top stories. in the politics section, it is lights, camera, impeachment. jason: house democrats count on public hearings to bring to life testimony that has already been given behind closed doors. here is billy house in d.c. billy: what we saw was some real concern on the part of state department officials about back channel diplomacy by rudy giuliani, and evidence, hearsay evidence, secondhand evidence of what they were hearing trump was up to. kailey: billy, what s next, and how long can all of this really go on? billy: well, what is directly next is this upcoming week of four hearings, four separate hearings, including what could be the biggest one, that of eu ambassador gordon sondland, who
ecurity. they have got a new exhibit called revealed: the hunt for in laden. kailey: we have much more ahead on that. we begin with our top stories. in the politics section, it is lights, camera, impeachment. jason: house democrats count on public hearings to bring to life testimony that has already been given behind closed doors. here is billy house in d.c. billy: what we saw was some real concern on the part of state department officials bout back channel diplomacy by rudy giuliani, and evidence, hearsay evidence, secondhand evidence of what they were hearing trump was up to. kailey: billy, what s next, and how long can all of this really go on? billy: well, what is directly next is this upcoming week of four hearings, four separate hearings, including what could be the biggest one, that of eu ambassador gordon sondland, who s the one who may have had the most direct contact with president trump on whether or not he wanted to withhold aid in return for investigations. the