U. S. Futures. We saw you choose drop immediately. Down 0. 9 . You can see the stock drop as concerns mount about the president and the first lady having covid19. This comes after a top aide that had traveled with him to cleveland and minnesota, hope picks. Hicks. She contracted covid19. The president and the first lady tested positive. You are seeing immediate Market Reaction. Joining me is the head of Investment Strategy. A lot to digest. We just learned this news. The president contracting covid19 to be this comes 32 days ahead of the election. It goes without saying we wish the president and his family and anyone that comes in the path of the virus well wishes. Howdy prepare for the risk of this event . Frameworke to have a of how things will work out over the next 612 months. , depending onerm, how far markets have come from since march. Fostering a trade war. All of that can potentially impact markets in the shortterm. Mediumterm, 612 months, we do think equities are going to be
It is monday october 5th, this is Worldwide Exchange right here on cnbc well, good morning, afternoon and good evening and welcome from where ever in the world you may be watching. Im Brian Sullivan i hope that youre having a good start to your week where ever you may be its a very light data and earnings week on wall street that wouldnt matter much anyway all the attention and focus of the Financial Markets remain firmly on President Trump and the first lady and their help as well thats the key question on wall street right now the help of the president. So that is where were going to have our focus and futures, they are higher by about 141 points the polls right now have swung wildly in joe bidens direction and agree or disagree with the validity of polls and their accuracy, investors see reduced chances of the possibility of a contested election which as we have shown you can send stocks sliding. Theres also more hope for another round of stimulus perhaps closer to the 2 trillion nu
Representative be waived onto their Committee Without objection so ordered. Welcome to our hearing on recent developments and i now recognize myself for an Opening Statement and then the Ranking Member. Does the chairwoman wish to have an Opening Statement . I will recognize her with your permission our colleague will also have an Opening Statement. The Postal Service is the crown jewel of the federal i government serving every household every day 630,000 brave individuals at every district and according to pew research 91 percent of americans have a favorable view of the Postal Service. Leaps and bounds above that of any other federal entity. During the coronavirus pandemic the Postal Service value is greater than ever as a formal component and serving as a linchpin nations responsee pandemic. Found 2020 harris poll that the Postal Service ranked as the most Important Company to americans during the pandemic because it is a constant in our lives. That ings companies it outranks compan
Good morning and welcome to bloomberg survellance. Francine lacqua here in london. The interview of the day is when we have a conversation for the Vice President from facebook emea. That we also heard from ursula von der leyen, the president of the European Commission. 225 billionlanned euros in green bonds that may have an impact on markets. Later on we look at etf. Stocks are actually rising ahead of the Federal Reserve meeting. Treasuries and the dollar pretty much steady. Crude oil extending gains. Lets get straight to the bloomberg first word news. Ruled the u. S. Violated International Rules by imposing tariffs on china. It is unlikely to lead to changes in washington. The white house can veto the decision by appealing. It has paralyzed the wto by blocking new appointments. President trumps controversial pick for the Federal Reserve senateoes not have the support needed to win confirmation, according to the number two republican in the chamber, senator john thune. Received critic
As we await clarity from jay powell in the new inflation policy. Ray dalio says fiscal and monetary injections have put the dollar under threat. Johnson revolt, boris reaches out to rebels in his own party to gain support for his plan to override the brexit deal he struck with the eu. Ftse futures are underperforming. Facebook versus the ftc, u. S. Authorities are preparing a possible antitrust lawsuit against the social network. Kim kardashian urges her 188 million instagram followers to freeze their facebook accounts. We have breaking news in the form of earnings coming across the ticker. Thespanish giant hosting of 8 billiones euros. Net sales a little more than 8 billion euros. We were expecting a net loss in the first half. Euros in 195 million terms of earnings before interest and taxes. There was a loss there also, 198 Million Euros, but it did have a positive earnings before interest taxes depreciation of 1. 4 9 billion euros. We will bring you any breaking news. Remember yeste