California joins texas reaching one million infections. Picking a statement, President Trump bands investments and firms controlled by chinas military as u. S. Election Officials Say the vote was the most secure in american history. Welcome to the program, happy friday morning. Under one hour until the start of the cash equity trading session in europe. We have a mixed picture in futures. European futures looked negative. Yesterday u. S. And european stocks dropped around concern to the extent we may see new lockdown measures in the United States. We have a futures picture where europe is weaker, wanting to play catchup with latterday losses in the United States. U. S. Futures. 2 the upside. U. S. Futures point two the upside. Nasdaq futures are treated like havens during the coronavirus. Lets look where we are across the broader assets, weakness in china. President trump in the last few months of his presidency, focusing on the things he can still act on. China mobile and telecom fall
Gap, all falling very hard as you can see there. Well go shopping for opportunity in that Retail Sector later on, buy gold now thats the message from one top wall street firm we will debate if there is any shine left in that big trade we start first with breaking news out of disney the stock is moving lower in the after hours session as the Company Announces some very, very major job cuts. Lets get to our own Julia Boorstin with the details. These are tens of thousands. Thats right. Disney is laying off 28,000 domestic employees, hourly, sal rye e aried and executive roles. In light of the prolonged impact of covid19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic exacerbated in california by the states unwillingness to lift restrictions that would allow disneyland to reopen, we have made the difficult decision to begin the process of reducing our workforce at our parks, experiences
Stephen mnuchin speaking on the phone today regarding stimulus negotiations with a promise to speak again tomorrow and new york city is back in had the coronavirus spotlight. People refuse to wear a mask still to come, coming up on todays show, embattled e. V. Maker nick la with new lows. Well ask the former auto executive what it all means for nikolas pending deal with gm. Plus, well speak with the newly minted president of shopify about the run that stock has been on. Up more than 150 . Well ask about the recent news of rogue employees stealing some Customer Data. Harl Harley Finkelstein will be our guest. We have the latest headlines coming out of washington, d. C. For us start with you, mike a little bit of low volume churning going on today. Maybe a little apprehensive. Kind of Holding Steady ahead of these couple of known potential catalysts, of course the president ial debate and the jobs number. After 4 two day rally, s p 500 year to date, train day, we kind of had that half 1
Ramping up scrutiny. Apple and facebook said to get the most attention today the consumer you well tell you why Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching all your big money stories straight ahead if you have not been paying attention to netflix stock, one of the faangs, wow, you should be doing fine until about midjuly, then a constant slide down netflix now going negative on the year wiping out its entire 45 gain good call on the stock by need am who has been worried about netflix and said so on the show many times throughout the year netflix, a name to watch lets go to the macromarket. Stock futures are higher once again. Do you dow up 93 right now. The Consumer Confidence number at 10 00 a. M that number can and has moved markets. In the bond market, not moving benchmark 10year yield 1. 71 right now. Seeing gains in europe and asia. Nikkei gaining european markets kind of similar, we are
since the russian invasion thanks british politicians for their support, but urges the uk to give them fighterjets. writing on the helmet reads we have freedom, give us wings to protect it. have freedom, give us wings to protect it drama at disney as 7,000 jobs are set to go. the entertainment giant says it must cuts costs as streaming customers fall for the first time. and praise continues to pour in for nba superstar lebronjames after he becomes the competition s all time leading points scorer. hello. welcome to the programme. we begin in turkey and syria, where more than 12,000 people are now known to have died in the earthquakes, which hit the region early on monday morning. in turkey, there s growing anger at the speed of the rescue effort with many complaining they ve had no help trying to pull people from the rubble. while in syria, state controlled media is reporting that some 300,000 people have been forced to leave their homes. more from syria shortly. but first, l