Help battle the pandemic. For bothhe death toll italy and france reaches the highest level since april. Setting a precedent. Joe biden confirms support for the good friday agreement in his first call with Boris Johnson. His transition presses on, despite President Trump contesting the election. Welcome to the show. 6 00 a. M. In london. Breaking news in amsterdam. Ceo remainsing, the cautious on the outlook as we go through those covid numbers. 270 million. We are looking at an outcome of a strategy review. We will get that on november 30. Good morning. Good to see mr. Biden committed to something that i grew up with, the good friday agreement. Annmarie certainly is. We are still waiting for President Donald Trump to accept those results, manus. A slew of legal issues going on in the United States. Breaking m row abv amro breaking. You are excited today about what is going on in china tech. Almost 260 billion of market value over two days in a frantic of a frantic selloff wiped out. Ma
Quarter. We are down 1. 4 on the s p. Weve got a big show coming your way well speak with the ceo of hologic which says its new coronavirus test could help increase the countrys Testing Capacity and a massive afternoon of earnings. Apple, amazon, gilead, visa and whirlpool. And an exclusive interviiew when i will pools ceo. Michael tracking the market on this final day of the month. Courtney has a strategy update for macys and julia is watching big moves for media stocks mike, start us off with the market down day, but big up month and a big five or six weeks since the market low take a look at the s p this is a twoyear this was a 35 drop on intraday basis. To yesterdays high, it was a 35 rally off that lower level so very sink niehaus in that way. I also point out that right around here, 3005, people are talking about how its gained more than 60 of the overall point losses that has some significance its kind of a may period. Seasonals get weaker and yesterday was kind of a big headlin
Breaking into a Legislative Council building. They threw a chair against the door and tried to break it. It looks like they succeeded. Toy still want carrie lam resign. David the chief executive went to give a speech and it did not go so well. They are not very happy. Alix the Legislative Council issuing a red security alert according to local tv. These are protesters in hard hats. Staggering images when it comes to hong kong. David a lot of unrest. Alix we will be speaking on the ground to our reporter. She will be later on in the hour. In the markets, it is trade deal optimism. It looks like we will have the s p open at a record. How long can this risk on rally rally last . At one point did hit another record intraday low. And crude really popping up over 2 . But what does it say about demand . We will examine that over the next couple of hours. David we will look at the entire week ahead. At 10 00, we will have manufacturing numbers for the month of june. Tomorrow, u. S. Automakers
Think it is in the next 20 years a Million Dollars a coin comes after s. E. C. Chairman jay clayton put out a cryptocurrency warning saying if an opportunity seems too good to be true, exercise extreme caution. Not every day you get Something Like that from the head of the ftc. Wheres your thinking on bitcoin prior to this runup and now that it has gone so much higher . I think bitcoin is basically an inverse mistrust index, and that is as we lose faith in institutions, it goes up a prediction, if roy moore wins the election today, bitcoin goes uptomorrow its young people saying they have no faith in our institutions or is it kim jongun making good and getting around all skien kinds of International Chaos chaos is good for bitcoin economics fail throughout history, so if you dont believe in the federal reserve, buy bitcoin. Its sort of a mistruster, to your point, john, chaos process. What about the concern that some have that these are nonsophisticated investors that are really drivin
Good thursday morning, welcome to squawk alley. Im Carl Quintanilla with john fortt, sara eisen at post 9. Business insider, editor in chief, Henry Blodget dow is down about 47 half of that is apple after the first close above 23,000 apple is dragging the dow lower right now. It is the biggest lager on pace for its worst day since early august the Cellular Service for the companys new watch has been shut off for some customers as the Economic Daily news says apple is cutting supplier orders for the 8 and 8 plus by as much as 50 john, this is like perennial every new model comes with worries about orders yes none of this matters yet i mean, the china thing, its a concern. Theres a new type of sim card in the apple watch and probably the Chinese Government wants to be able to track it better, which youd expect in china, but this iphone 8 thing, the real question is what happens when the 10 comes out, because an unknown number of people this cycle are waiting to see the 10 before they dec