Republican leader Mitch Mcconnell says President Trump is right to protest the vote cap. The u. S. Sanctions more people in hong kong over chinas increasing control. Washington has suspended its treaty with hong kong and ended reciprocal treatments on shipping. Haidi lets take a look at this market situation we are setting up for. It is firmly risk on after all the really bullish view overnight on account of the high efficacy from the biotech vaccine. Asx 200 trading higher by 1 10 of 1 . It is a handful of asiapacific markets there is or going into overboard territory. One of those is new zealand. We are seeing kiwi stocks of about 9 10 of 1 . We have the rbnz decision ahead of us this week but that market is up now for six consecutive sessions. Nikkei futures reversing pretty dramatically at the moment. Above looking at opening 25,000 for the first time in 30 years. Trading at thell highest since november 1991. A quick look when it comes to u. S. Futures as well. S p active futures u
Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
Sparked by a regulatory crackdown. Tencent earnings are out later today. Kongs of hong prodemocracy lawmakers resign as beijing tightens control. Carrie lam supports banning those not deemed sufficiently patriotic. Lets look at how things are shaping up when it comes to the start of the session. It continues to get some of that rebounding onring concerns might want to stick to. Rade could berecovery somewhat stop start. It did not move on rates and did at stimulus and effectively pushed back expectation for the timing of relative rates aired the kiwi market not pricing that in all of 2021. The nikkeis little bit negative but the top x are wiping out all of its losses for the ear and looking like that momentum could be sustained. Take a look at futures up about s p hittingsaw the the 10 week i. High. Prodemocracy lawmakers in hong kong are set to resign en masse after beijing passed a to ban politicians not sufficiently stock. I would not say that for members remaining in a Legislative
One veterans long struggle, and why a Defense Department employee is now speaking out. And murder hornet mission. How crews use dental floss and a vacuum hose to find and destroy the first nest found in the u. S. You heard them correctly. Dental floss and a vacuum hose. First, heres todays eye opener. Its your world in 90 seconds. Heres what we have to do. Were not going to control the pandemic. We are going to control the fact that we get vaccines. Therapeutics. The white house chief of staff mark meadows says the United States wont be able to get covid19 under control. They are admitting defeat. This is the greatest failure of any president ial administration in the history of america. Mike pence will stay on the campaign trail despite news some of his staffers tested positive for the coronavirus. I think hes taking all the precautions. And my understanding is hes tested negative. Vice president mike pence plans to preside over the Supreme Court confirmation vote for Amy Coney Barret
Now in the days and weeks that will decide how germany will fare in this pandemic in winter. We see that we obviously have very special infection dynamics in germanys largest cities. Patients on ventilators for. My top priority is possible not to have to bring economic and public life back down to the level that was necessary in the spring. We have to appeal to our population we dont want to have a situation like the resume prousts for a situation like there is in spain. We dont want to 2nd lockdown. Germany marks a year since an anti semitic attack that left 2 people dead. Ladies and gentlemen it is not enough to condemn an attack like the one in hundreds of targets and then to return to business as usual. Welcome to the day chancellor Angela Merkel the mass of 11 major cities in germany have agreed a package of new measures to stop the spread of coronavirus germany fear is a growing 2nd wave of the virus after infection rates in cities like berlin and frankfurt reached a key threshol