S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive
Investors see less chance of new regulations, equity futures writing rising in tokyo and hong kong. In china tries to reassure the Business World that it is open to trade. Concern of the moran sealer approach. Shery breaking out of south korea. We are getting the currentaccount surplus in south korea for the month of september, widening to 10. 21 billion. We had seen a previous surplus at around 6. 5 billion. This has widened to over 10 billion. The goods surplus coming in at above 12 billion. We have seen continued surplus for the current account in south korea. Consecutivee a five months surplus, not to mention exports in october contracted a little, but in september they rose for the first time in seven months. South koreag pmi in so weoday twoyear high, are getting a widening of the surplus. Haidi pcb numbers crossing the bloomberg, betterthanexpected, eating the analyst estimates on the bloomberg, Third Quarter 1ome coming it at just billion, better expectations than 850 million.
This trillion budget deficit the australian budget deficit turmoil withs in tensions in china and the virus lockdowns. Shery lets get a quick check of the market. We are seeing u. S. Futures coming online a quarter percent higher at the moment. In the broader context of things, the s p 500 goes down for the fourth consecutive week. On friday we did see some misfires and after the market closed we had news that stimulus count had resumed stimulus talks had resumed between speaker of the house nancy pelosi and steepener nguyen. W steve mnuchin. 4 . Is down it did manage to stay above that 40 per barrel level but we do have concerns over the virus search. The dollar seeing its best week since april. Haidi we are seeing currencies in asia at this early part of the session holding pretty steady. We are seeing some downsides when it comes to trading already. Isare looking like tech possibly following the lead in the korean and japanese markets. In asia, it is a muted first half of the week w
National security prompted President Donald Trump to weeks ago threat an ban on both apps. Today secretary ross said the clock is ticking. For all practicing purposes will be shut down. Reporter the Trump Administration fearing these chineseowned platforms can exploit security gaps and harvest data from u. S. Users in in theory, it argues it threatens u. S. Foreign policy and the overall economy. Were not going to do anything to jeopardize security. Reporter users will no longer be able wnload either app or receive upgrades. If you want to become a tiktok user, you wont be able to download it assuming the Trump Administration action actually takes place. Is that the same for we chat as well . You certainly wont be able to download we chat. Based on what you like, it gives you content that they think that youll enjoy, and like he and my friends can look completely different, like if you do dancing videos, or comedy videos. It really caters to you. We chat is geared for communication, pa
Individuals are seated six feet apart. There is no room for the public to attend and the press is working as a pool bang and the hearing may be watched gaveltogavel online. Both of our witnesses, dr. Collins and sargent general adams are participating in person. Some are in person, some are participating by videoconference. The office of attending physician has advised that editors and witnesses may remove their masks to talk in the microphone since our chairs are six feet apart or more. That is why my mask is off and i am more than six feet apart and when i am in a hall or walking on the senate floor, i wear my mask. We are grateful to the committee, the sergeant at arms, the press gallery, the architect at the capital, all who have helped us maintain a safe environment for this hearing. Votesd like to say that began at 11 15 but we will continue the hearing so that all senators will have a chance to participate and if necessary i will ask someone else to reside during the time of vot