Last month was a huge bounce in this number, up by 24. 7 . The perimeter is that much greater. Coming introng number on the Manufacturing Index as well. At 21. Through alix a really strong number. The big news of the day in the u. S. , it jay powell and Steven Mnuchin will speak before the House Financial Services committee. Powell will stick to his call for more fiscal aid. It comes against the backdrop of a darkening prospect for continuing stimulus. The latest news is mitt romney says he will back a vote on trumps pick this year. Joining us now is Emily Wilkins. Does this make stimulus more or less likely. It feels like the pendulum shifted towards the republicans with the Supreme Court nominee. Emily this makes the stimulus funding less likely to come before the election. Both sides werent making a lot of progress anyway. For monthsighting over the amount of funding. Both Speaker Pelosi and Senate Majority leader Mitch Mcconnell are really not budging. It senate is going to pit of
Emergency use authorization to a new virus treatment using plasma from people who already had over 19. Its called convalescent plasma, it reduces the rate significantly in one big study. Investors love the positive news on the virus and with new cases in america trending firmly down we have a monday morning market rally, the dow industrial is up 270 points, s p up 28 and look at that nasdaq, were looking at again at well over 1 , 123 points for the nasdaq. This is very much a big tech rally all over again. Apple stock premarket, well above 500 bucks, Morgan Stanley says it will fight 20, 30 at 512 getting there fast. Look where it is now come up another 75 bucks, 2125. Will bring you the rest of the big tech news and a moment. Just as the republicans began their convention, joe biden brings blockbuster news about the virus, he told abc news that he would shut the economy down all over again if the Scientists Say so. If the Scientists Say a National Lockdown would save lives. Thats what
The latest edition and fans from the 70s will be happy. And a big day for the banks and what we have called the most important stock on the market today. This is Worldwide Exchange on cnbc good morning, good afternoon, goodevening. Im Brian Sullivan thank you for starting or ending your tuesday with us the Global Markets are setting up their day, futures are higher not a lot but they are up. Any green is a good sign for investors. Especially the speed and severity of the move down the markets around 2 00 p. M. Yesterday. Around 500 points were erased. The tech led the flip flop nasdaq ending lower after crossing up for the first time amazon, facebook, adobe, nvidia, et cetera. Most are higher right now premarkets. That reversal likely caused by news by california late in the day that it will roll back part of reopening imposing restrictions on restaurants, movie theaters and bars and students in los angeles and San Diego County School Districts are unlikely to return to physical classr
Interrupted by immigration protestors. The winner, Bernie Sanders, clear front runner and thats a problem for establishment democrats, their big hope, bloomberg failed and the moderate vote split every which way, they may be going to the election with a socialist president ial candidate, meanwhile in phoenix the president drew enthusiastic crowd, he mocked mini mike and wowed the crowd when a veteran was carried. Of arizona with thousands of modest slight for stock, could hardworking patriots who believe in god, family and it be investors are nervous country. I love the Unbelievable Energy about bernies showing, nasdaq in this crowd, honestly, theres Tremendous Energy in your nation, theres tremendous down maybe down 20 odd Points Energy in our nation. Coming off record high. We are in the midst of the Great American comeback, our country here we go, varney company, is stronger today than ever the debate edition is about to before. We are going to defeat the begin. Radical socialist de
Struck in september 2017. Nearly 250 survivors and victims of a london tower fire are suing American Companies that make products used at the residential complex. The suit claims healthy Building Materials helped spread the flames at the granville towers, turning it into a flaming coffin for the people who died. Whirlpool, and an insulation maker. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, and 1 00 in Hong Kong Unit im vonnie quinn. Welcome to Bloomberg Markets. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Trump threatens china again. The president saying he could impose tariffs of 25 or higher on 300 billion on chinese goods if president xi does not meet with him at the g20. Regul