Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
He will propose to tell the eu you will let brexit talks fail rather than compromise. The Withdrawal Agreement is a legal obligation. Congress returns amid a standoff on stimulus. President donald trump says its democrats that dont want the deal. ,e speak with a high speaker nancy pelosi, later today. 9 00 a. M. In downtown. Annmarie, good morning to you. You rummage around in a top read stories. We both converged on tech and beyond. Peter oppenheimer, who we both interviewed several times, believes in tech. As we come back after labor day. Its not 1990. I will ask how old you were in 1990. Evaluations are not stressed. Good morning, how are you. Annmarie i think we are probably in very different places in 1990. Manus [laughter] annmarie oppenheimer is taking the bullish view on tech. Their Technical Strategist says history, if its to repeat itself in terms of the market, we will have a third day, which would be today. They are seeing this downdraft, but oppenheimer is looking at the p
Chinese Parent Company bytedance. The order says the platform poses risks that constitute a national emergency. Simply put, tiktok could enable the Chinese Government to spy on american citizens. Essentially this is the path forward to banning tiktok in this country unless its sold to a u. S. Company. Microsoft has been in talks to buy the app. It now has 45 days to make a deal. Thats when President Trumps order takes effect. Also late tonight, the oakland as are on damage control after a lot of backlash on social media. One of the as coaches caught on camera with an apparent nazi salute. It happened after the as won their game this afternoon at the coliseum. What youre seeing here is as bench coach Ryan Christianson congratulating the players. Instead of the covidfriendly elbow bump, he used the statearm salute. The as releasing a statement saying they do not support or condone the racist sentiment, and its extremely offensive especially during these times. Christianson also releasing
It started out boring earlier this morning. It is not boring anymore. John will do jon will do a data check. 0. 5 inaq 100 up a good the last 30, 40 minutes. I am going to say that the chancellor of the exchequer, or the egg shells, whatever it is, giving a speech in the United Kingdom really talks about the stimulus to come. That has been the underpinning to a good feeling about this market. Jonathan this is smart policy we are seeing from the u. K. , and it lays down a market for fiscal authorities elsewhere as well. Lets start with the labor market and with the chancellor is doing today. The chancellor is incentivizing the government is companies to bring back employees. They are really trying to help the young. The companies will want to be incentivized as well. How do you incentivize them . You offer them money to help hire young people. That is an important step as well. Now weve got to talk about the industry getting really beaten up. Restaurants, hospitality, tourism. The chanc
International coordination in distributing medical supplies. The risk remains high, and we have a long road to travel. The United States has accused the w. H. O. Of being too close to china. Washington is demanding a detailed investigation into the organizations initial response to the outbreak. Chinese president xi jinping gave a speech at the opening ceremony. He defended his countrys handling of the crisis. Translator all along, we have acted with h openness, trransparency, and responsibilityty. Wwe have provivided informrmati the w. W. H. O. And relevant countries in a most timely mmanner. Xi pledged 2 billion over two years to help developing countries combat the coronavirus. A hot button issue ahead of the meeting was whether to let taiwan take part as an observer. But the assemblbly chair person did not allow it adding the matter will be discussed at anotother meeting laater this y. Translator the Foreign Ministry expresses deep regret andnd strong g dissaatisfaction World Healt