Page 6 - Bloomberg Quicktake News Today

Infections heading towards 16 million. Hong kong says the situation is increasingly severe. Has extended the Wage Subsidy Program beyond september to protect the economy from fallout from coronavirus. Shery a quick check of how the markets are trading. We are seeing u. S. Futures kicking off unchanged. This after we saw u. S. Stocks rally amid encouraging vaccine news, this time from the university of oxford and astrazeneca. The s p 500 finished at the highest since february, turning positive fo...

Back to the office. Jonathan ferro, Lisa Abramowicz and tom keene. Justews flow this morning in this hour is extraordinary. We are going to take time with david coston on the equity markets. Just importantly, lagarde at the bottom of the hour. Ecbthan we will hear from president Christine Lagarde. The struggle continues to get a clean read on the u. S. Economy. Tom it is two worlds. Its about finance and Morgan Stanley and great. What its really about is we really lose perspective on the tangibl...

The elon musks qualifies for a package as teslas average market valley reaches a milestone. The big test comes today as the electric car maker reports. Welcome to daybreak europe. We are seeing a little bit of a mixed picture in the as ingestion, perhaps slightly slower for asia index. We have some breaking news coming through just now. Akzonobel saying covid19 will continue to impact the second half of 2020. It also says that headwinds related to covid19 eased during the quarter, so that is a q...

Order ending preferential trt for hong kong and said he would sanction chinese officials responsible for crackdown on political dissent. He has taken this opportunity to attack everything from what he calls the china virus, the who, and his democratic rival joe biden. Of course, he has taken the chance to really talk up market gains we have seen recently. Absolutely, and talking about the prospects to get a vaccine in the u. S. And what he says will be record time. A pretty wide range of issues ...

Thise talking about dispute between america and china over intellectual property theft, which means that the u. S. Gave very little notice to china when closing its consulate and that is analogous to this deteriorating relationship that seems to be deteriorating fast. Tom flareup absolutely captures the moment. Now with a news update our first word news from new york city. Discussing, china calls it an unprecedented escalation. The u. S. Has ordered the chinese consulate in houston to be state, ...

We spoke this morning and we dont know how much they are paying for this vaccine supply. We dont know whether they will have the right vaccine so many questions on how administrations and i ministers at access to vaccines for their citizens. Tom the virus dynamics are just particularry, make note of the glide path of texas and south carolina. In new york city with our first word news here is ritika gupta. InsistsMitch Mcconnell that businesses, schools, and other organizations be protected again...

Chancellor unveils his 30 billion pound stimulus package. We will get reaction from the labour party, his counterpart joining us shortly. Life aliveds london, sitting in for francine in the early part of the program. The london market is the real laggard. Well. X in germany going s. A. P. s numbers certainly a big weight in the dax and a big help in those efforts. We do see a little bit of stalling in the risk on moves. We see some of the oil price moves, down by. 7 . Checking ino worth on. Ange...

And california all marking new highs. Australias second largest city is back into lockdown as infections search. Surge. Officials say significant action is needed. Shery we saw this years longest rally come to a halt with the s p 500 selling off for the first time after a fiveday rally. Over an have concerns Economic Impact of the pandemic and virus cases rising. 10 of the 11 sectors on the s p 500 lower most of them down by 1 . At onedaq composite, point, touched an intraday high and finished. ...

Chancellor of the u. K. On how he plans to ensure economic recovery from the pandemic. This is what the markets are , however,n, the virus it appears european stocks are climbing after promised renewed support for airlines. Shrugging offo be virus worries that were seen in the u. S. Markets and focusing actually on what is happening closer to home. The dollar is strengthening, treasuries edging higher, shares primed in japan and south korea on below average volumes. Now lets get to the bloomberg...

Texas is making face masks mandatory, while florida yet another record. The u. S. Senate approves sanctions on chinese officials over hong kong, as the u. K. Says it will not back down on a path to citizenship for around 3 million of the citys residents. Shery lets get a look at how markets are trading. We see u. S. Futures coming online down 0. 1 . We had gains across the board. You saw the s p 500 higher by 0. 5 . Materials and energy were up more than 1 . We had more positive Economic Data, b...