Texas sees record daily infections. Walmart demand shoppers wear masks. Some of the most prominent have beenn america hacked. We will have the latest. Lets take a look at how we are shaping up when it comes to the futures session going into the start of trading this thursday in asia. Take a look at u. S. Futures pointed a little bit to the negative, flat at the moment for futures contracts after u. S. Stocks climbed to her than a one month high. We had renewed optimism that we are getting closer incrementally on this Virus Vaccine Development front, not just with the news on moderna, but also a rival set of trials being conducted in the u. K. , reporting some progress. We saw the s p gaining just shy of 1 and actually manage a drift back into positive territory for the year, albeit brief. Chicago looking modestly higher after the bank of japan governor , kuroda, provided some clarity albeit still a very dire outlook when it comes to the japanese economy but saying it was now past the w
Nearly 200 points. The dow, which was the worst performer yesterday, has been leading gains today. Value across the board, a broadbased rally. Materials and Energy Leading as we have underlying commodities rallying. Industrials, financials, consumer discretionary, technology, all those groups up by at least 1 in todays session. If you look at energy stocks, some of the percentage standards, crude oil up by more than 2 . Concerns about supply disruptions in libya and nigeria. Thehwestern is one of biggest percentage gains today. Financials are doing well. They are raising as we see little bit of a bump up in treasuries to not a big one, but enough to see an upsurge in the financials. Bank of america leading percentagewise. Broadbased rallies. Any hidden movers . Julie agriculture. Alix steel would not say they are hidden, because she was excited about the usda Crop Forecast for the globe. The indication is that the global glut will not be as bad as feared. , potash, agrithem all trading
The unemployed. Two months to the elections economy is coming back into focus. Not good news for the president. Varney and company is about to begin. Stuart lets begin with an eye opening look at the obama economy. More numbers, this is a reuters survey. 34 of Unemployed People have stopped looking for work because the job market was so bad. 40 were no more optimistic about their job search today than when they initially stopped working. This is middle america. It is losing ground. Middle america getting shrink. Charles people who were pretty good contributors to the overall economy. The 20 plus week unemployment number will look at, that number has been over 3,000,004 longtime. These are people who had jobs, worked in at factory, an assembly line, huge money, huge income, they will eventually get back to the job market and work at a job where they make significantly less like most of these people, and i throw my hands out so what does this mean . Stuart does the economy come back into
Effectively to a pretty fundamental delusion, the central bank independence. And not those. Second, our concern is that japan is the Third Largest economy in the world. Pursuing what looks like a deliberate policy of driving down the Exchange Rate that would potentially have destabilizing effects. After all, japan is not a deficit country. It is still like a strong external position. How would you want those two concerns with people outside japan and how they feel about what you are doing . [inaudible conversations] thank you, martin. First of all, you might say that it could undermine the central bank. In the case of japan so far. There has not been any undertakings to share the information that was recovered with the central bank. For the first time we came to an agreement of 2 inflation and the central bank declared that through our own efforts to achieve this ability and in the part of government, in order to achieve growth in the Fiscal Consolidation for both government and the ba