the formal application caps a period of speculation that this would be occurring. we are seeing pfizer in premarket rise nearly 2%, biontech down .3%. interesting to see how this is confirming what a lot of people have expected, but adding to the risk on feel that we are seeing in markets today. the sense we are going to move past this period that has been incredibly painful economically, as well as socially. francine: let s get the details from fan from sam fazeli from bloomberg intelligence. the news is out. how quickly can some of these clearances be given? sam: good morning, francine. fdahe u.s. we have the meeting coming up on december 10. it is possible they move on that pretty quickly the next day or the day after. and then in europe, this is the combination of a process that started off sometime in early october where the companies have been filing their manufacturing , and there is no new data in the press release. so it is possible that we should get a european re
tom: it s simulcast on television and radio and we welcome all of you around the world and across the nation. if you re in that odd east coast october, it s the density of fog, for those of you on radio across washington to boston, drive careful. the fog is never it s like a london fog, jon, it s so bad. tell me london is gorgeous. jon: it s got a london feel. london is always gorgeous, beautiful. what else do you want me to say. tom: thank you. n radio it s a tapestry of gorgeosity. jon: the beautiful sky. tom: that s a postcard jon just put up. i really want to focus away from the market and data, futures negative, dow down, and we forget the claims are in this hour, this nation on a labor basis, there s no other definition, it s not an opinion, it s flat on its back and you bring that over to a debate tonight, do you think it will come up? jon: i think it will come up repeatedly, tom. at the opening of the hour, the professor said it perfectly. for people at the bottom w
spend time on and we have euro area pmi s coming in a touch better than expected but i m not sure if it is moving euro-dollar that much. 39 .80, always a good test looking at command and what it means for the world economy. point 1764 and we look at her earnings with a couple of disappointments in the banking sector. joint manufacturing pmi coming in at 51.8 instead of 51.1. let s get the first word news with laura wright. laura: the u.s. plans to act against a wide range of chinese owned software companies, not just tiktok. that s the latest from secretary of state mike pompeo speaking to fox news. on friday, president trump told supporters he plans to ban the app. pompeo said the decision should come soon. the u.k. is considering the worst case in a real of locking down london according to the sunday times. it would see at risk people asked to stay at home. the local government secretary says he is not aware of any specific plans to seal off london but the u.k. will target
else to beat still out. that s going to be tough but what what we do have today is definitely going to be one of our hottest ones of the forecast if not the hottest day for many areas so not going to be comfortable one the shelter-in-place only complicates things more a lot of times you have a lot of cool options to get yourselves to want to be such today. one of those are pretty limited downside say watch out for your neighbor, if you know someone is a bit more susceptible to the he doesn t have a c keep a close eye out for him do everything that you can that maybe help them out as we make our way into this afternoon as of right now we re still comfortable though lots of clear skies across the bay area and comfortable temperatures looks great an area that is actually going to be encouraged by sri again this afternoon peach areas on the map heat advisories back in effect while in chic are excessive heat warnings back and clay temperatures right now are still nice and comfort
a big market move yesterday that started with concerns surrounding hong kong and that means yen found a good bed yesterday. argentinaocus was in after the selloff after the surprise primary where we thought it unlikely the candidate could make it. the second time of voting since october. u.s. 10 year yield that 1.63%. coming up, we talk with the chief executive of steinhoff international holdings. do not miss that interview after 4 p.m. london time. let s get to the first word news in new york city. viviana: senate leaders in italy failing to agree on the date for a confidence vote in the populace coalition, leaving the deputy premier happy to wait before consolidating power in rome. discussions in the upper chamber continue tonight. if there is a new election, the commanding lead means he will likely be the next prime minister. global anxiety showing up in the treasury market. yield on 30 year treasury bonds approaching all-time low as the 10 year yield also fell. that one p