Blake burman at the white house. We have Lauren Simonetti watching the market action. Edward lawrence reporting from washington at the but on this up and down day, lauren, we start with you. Lauren lauren its with up and down day. I had to look over to see if stocks finished the green. It is changing constantly. This is the new normal. Investors are totally unsure how to price in politics. Not just the expected turbulence around the election, but the future of stimulus. Stocks got a major stimulus from comments on treasury secretary Steve Mnuchin he and House Speaker nancy pelosi theyre going to keep talking about a new relief bill as House Democrats reportedly are ready to scale down a package of their own. Doesnt mean it is going to happen up investors like they are talking. We call it the mnuchin maybe, maybe. The s p 500 avoiding falling into correction territory, up, after the closing bell by just nine points. Yes, it is positive on the year by a whole 16 points, guys. Take a look
Typically this is the time you would see investors plow back into their equity safe havens like tech names. The sectors outperforming our the two that have been hit the hardest so far this year, financials and energy. Financial still off 24 . Energy down 30 year to date. Well asbank index doing regulators rollback some of the rules put in place after the great financial crisis. Banks will no longer have to set aside money when trading derivatives with their affiliates. That frees up capital, and that is always a good thing for banks. Regulators are modifying the volcker rule to allow banks to increase investments in funds. Do not watch not forget to watch for the fed releasing stress test results. Watch apple and disney, apples closing other seven stores in houston after closing 11 last week because of increased virus counts across different states. Disney delaying the opening of disneyland in anaheim indefinitely. It is not the cake and get approval from state officials in time for th
Protests. 3 years since the blockade of qatar by its neighbors we look at how the dispute continues online. All creatures great and small we look at the role biodiversity plays on our planet and the unprecedented threat its now facing. Im going to get your skill with the sports including. And so on and i will do better and i will be part of the solution and if our star quarterback drew brees say shes another apology after being criticized by fellow athletes for his comments on u. S. Race protests. Some breaking news out of libya where its Deputy Defense minister says Government Troops have taken control of top thats the last stronghold a wall of. In western libya about 65 kilometers from the capital tripoli on friday the un recognized government announced it had regained full control of tripoli heartens forces still hold a large swathes of territory in the east and the south of the country. Sami harmonies the editor in chief of the online Magazine International interest is joining us n
A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. Also in the programme, good news for coffee lovers, a major new Study Suggests a cup of your favourite brew before bedtime will have no impact on your sleep. So wed like to know what is your experience . What keeps you awake . Get in touch just use the bbcthebriefing. The uk and the eu look set to continue their deadlock over brexit, as both sides fail to agree on the terms of new talks that could avert a no deal brexit. The other eu states insist they will not re negotiate the exit deal agreed with the previous British Government while london says the only other option is the uk leaving the European Union without a deal. Throughout the day and across the bbc well try to explain what the impact of this could be. Well hear from italian ice cream makers to danish pig farmers, from tourists to economists. But first, what does no deal brexit actually mean . It would mean the uk leaving
As the countdown to brexit continues talks about whether the uk can do a trade deal with the worlds biggest economy, the United States is among the Top Priorities. The uk foreign secretary dominic raab is in washington today to meet his opposite number mike pompeo. Total trade in goods and services between the worlds first and sixth largest economies was worth 262. 3 billion last year. Two weeks ago President Trump said after a phone call with borisjohnson that could be multiplied three to four, five times under a post brexit trade deal but gave no details on how. At the moment the eu accounts for almost half of all the uks imports and exports, thats more than three times as much as the usa which at almost 15 has the biggest share for an individual country. A trade deal could close that gap but the unresolved question about how irish border will be kept open could make it difficult to get it through congress. The us is one of the guarantors of the good friday Peace Agreement and many p