It will beevie says to salesforce what instagram was to facebook. Planning a new set of chips to outperform intel. What it means in the next generation of macs and more. First, u. S. Stocks dropped monday amid a surge in case of covid19. We are expecting to hear more about the Vaccine Distribution as states try to outline the doses, how many they will get, and one. Lets get to Abigail Doolittle with the latest on how it is played out in the markets. Breakdown that and what is to come this week. Abigail an interesting day we have had big gains on positive vaccine news and this week the vaccine will start to be distributed in the u. K. There is some expectation that will happen next week, but we had a bit of a down day in some of the indexes. We had strength is the nasdaq 100 and other techheavy indexes. The nasdaq 100 up a nice day in a row its longest daily winning streak going back to december, 2019. That strength, emily tesla the stock up 7. 1 , continuing to store up till it will be
Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha
Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
Projects that President Donald Trump warns could lead to military offerings. To the ad. With exactly a week to go before the u. S. Election theres been a surge in early voting partly due to end despite the coronavirus pandemic more than 63000000 americans had voted by monday night stats 1000000 more than all early votes 4 years ago National Polls are giving democratic contender joe biden a solid lead although its a lot tighter in some battleground states but the coronavirus pandemic continues to overshadow the campaign infections a surging with some states concerned about the lack of hospital beds nearly half a 1000000 cases have been confirmed in the past week alone with more than 225000 deaths since a pandemic began stock markets in the u. S. So their biggest one day drop in a month on monday as concern. Grose that failure to contain the outbreak will hurt speak anomic recovery a rescue package remains held up in congress with democrats and republicans deadlocked over the details and
At a Religious School in pakistan also this hour calls for a peaceful election in tanzania after violence and the arrest of an Opposition Leader in zines a car and the toll of yemens war on children the u. N. Says tens of thousands are suffering acute malnutrition. Im joined again with the sport as paralympic sprinter blake leeper loses his appeal to her to use prosthetic legs to true qualify for the olympics but he plans to fight what he says of races decision. Thank you very much for joining us with exactly a week to go before the u. S. Election theres been a surge in early voting partly due to and despite the coronavirus pandemic more than 63000000 americans had voted by monday nights thats 4000000 more than all. 4 years ago National Polls are giving democratic contender joe biden a solid lead although its a not tighter in some battleground states but the coronavirus pandemic continues to overshadow the campaign infections a surging with some states concerned about the lack of hospi