It has been described as a first step on a 1000 mile journey. Israel and lebanon meet on their land order to discuss a prolonged dispute over their sea border and talks overseas by the u. S. And the u. N. The streets of several french cities will be locked from this coming saturday as the government pulls out weapons in its war against covid19. In a televised interviewew, president mccrone has announced that between 9 00 p. M. And 6 00 a. M. , a curfew will be brought in for at least four weeks in the e capital and its its surrounding region and in other hotspot cities. The state of Health Emergency is being reimposed to deal with the crisis but mccrone did make it clear that a new nationwide lockdown would be disproportionate. This is a snippet of what he told. [speaking nonenglish languauage] w wlisted into the president s interview. He gives us hisis take on what s announced. He says france can get through this crisis if citizens stick together but at the same time, the president al
Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
Coronavirus vaccine trial. There are three weeks until the u. S. Election. President trump returns to the campaign trail in florida. President trump now, they say im a mean. I feel so powerful im immune. I feel so powerful. I will kiss everyone. I will kiss the guys and the beautiful women on the everybody and everybody. I was just will just give you a big, fat kiss. Good morning. Manus cranny is off on holiday. Its not even winter and england is introducing lockdown measures, including closing pubs. As the rest of europe, the United States deal with the resurgence of cases, wall street closed higher, with the nasdaq having its best athans april. All of this has me wondering its best day since april. All of this has me wondering, are Financial Markets diverging from reality . Johnson and johnson halting its Covid Vaccine study. S p 500 futures under a little bit of pressure. Msci asia relatively flat. The hang seng index has not traded at alternate due to a typhoon at all today due to
Worldwide, a number of stories, including 21 days to the election. Both campaigns gearing up and finetuning. We are distracted by Bank Earnings. Jon ferro, jp morgan doing better than good. Citigroupi am getting , on first blush giving us the same enthusiasm we heard from jp morgan. Jonathan jamie dimons jp morgan delivering the beat, and it looks like city group is repeating the action. Figurepoint out, the eps third quarter, 1. 40. A little bit of an upside surprise here. I believe we have sonali basak with us. What are we seeing. Sonali we are seeing a beat on revenue, on fixed income. We are seeing loanloss provisioning higher than what jp morgan put in, but lower than what analysts expected. Perhaps wall street has just gotten it wrong compared with the banks are expecting in terms of loan losses. They are higher than jp morgan, so we are going to want to understand why the divergence, but overall, pretty clean numbers here. Tom as we see the numbers come out, we are getting this
And local mayors criticize Boris Johnsons traffic light system for his chief medical officer says the plan does not go far enough. Down on itses streaming business, taking the fight to netflix. We bring you our interview with three weeks,ithin we will have a new u. S. Election. President trump returns to the campaign trail to fight that fight in florida. I am trump now they say immune. I feel so powerful. In there and kiss everyone in that audience. Guys and thehe beautiful women and everybody. I will give you a big, fat kiss. Matt we are just under an hour away from the start of cash weity trading in europe and are getting german Economic Data here. You take a look at your , you can see the cpian september harmonized wasnt dropped. We are not getting the inflation that the ecb wants to see here. You can see the futures picture is a little bit mixed. You do see euro stoxx 50 futures down. We see gains on ftse futures of , gains on dax futures are just fractional. But most European Equi