President. County terry, administer. South, the doctor here at the Medical Center. We will have interesting talks. Thank you for being here. We will go over some things we are doing in terms of covid response. Our mission focuses on protecting vulnerable, expanding testing. We are doing that. Yesterday, 95,000 tests. Today, over 80,000 tests. Taiwan has done 78,000 tests the entire pandemic, 23 million people. We are doing a lot of testing. Practicing social distancing. Supporting hospital and health care workers. Today,updates on things hospitals throughout florida will be getting additional shipments of therapeutic remdesivir, something a lot of physicians have been using. We got positive responses. Developed andtic given in emergency use authorization by fda. We are scheduled to get more later in the month. There was a need to expedite that. President ith the vice and secretary a czar to get that expedited secretary azar to get that expedited. Today and be obtained hopefully we will
Public service and brought to Cable Television provider. Announcer 2 Florida Governor ron desantis held a briefing on the States Coronavirus pandemic. Joined by representatives from the community and state and local officials, the governor discussed testing in the state, the need for testing and adhering to medical protocols like Wearing Masks and social distancing. Gov. Desantis well good , afternoon. I want to thank everyone for being here. Blake Medical Center randy , curran, ceo of the Medical Center, and also my friend, bill, for being here. We also have representative will robinson, dr. Shari, Florida Division president. I want to thank him for being here. We have sherry, the Manatee County administer, and we have dr. Scott south, the doctor here at blake Medical Center. I think we will offer some interesting talks as well. From the beginning we wanted to do that. We are expanding testing. We are doing that. Yesterday, 95,000 tests. Today, over 80,000 tests. Put that in perspecti
Wave. S fears of a second the u. S. Seeing 16,000 cases a day. Hong kong in the third wave right now. All youll futures elevated. You are seeing a risk off move today. Focus on the chinese story. We are seeing a down day even when it comes to chinese stocks. We will see how this plays out. Lower by 6 10 of 1 for the shanghai composite. Asia had their best Weekly Performance in five years. The csi 300 large caps, ada percent of the index has been overbought. Thats the highest on record. We are seeing profittaking here today. Shenzhen, more of that robustness. The most overbought on record. That is still going higher by 1 today. It seems like the bond market is at mercy with this rally as well. Bonds at 306 right now. Yields falling. Bnp paribas saying that 10 year yield could rise to 3. 4 . We are watching other markets as well. Hong kong is a focus today. We saw a Record Number of local virus cases, the most since the pandemic began. They tightened distancing rose again. 150 points low
Los angeles is closed. The employees have just said no. And the Magic Kingdom in disney world, they are attempting to open it, even with the virus in florida. When i am looking at the markets, without question, is the derisking going on . The u. S. Yields have really come in in the last 48 hours. Francine you reminded me in the last hour, there was a big move on u. K. Guild. Lets get to first word news with ritika gupta. Ritika good morning the coronavirus milestone keep piling up in the u. S. The number of new cases has climbed over 60,000 in one day for the first time, and texas, california, and florida, all with a Record Number of deaths. In new york city, large events that require permits like street fairs have been canceled through the end of september. The u. S. Is set to take the next step in a response over taxes on technology giants. Bloomberg learned the u. S. Will impose tariffs on up to 700 million in french goods including wine, cheese, and handbags. The duties would be de
The eu needs to combine aid with reform in a message to the frugal four. Welcome to daybreak europe. What a turnaround we are seeing in chinese equities. We are still looking to eke out a weekly gain. You are seeing some weakness come through on the csi 300 on on the warning signs. Futures, we are set up a little bit negatively there as well. Featuresk 60 fit 50 the 10 year treasury yield slipping as well and oil pulling back as well. It is heading for a weekly loss. The u. S. Has reached another troubling milestone in the coronavirus pandemic as daily cases topped 60,000 for the first time as the World Health Organization says it is keeping an open mind as to whether airborne transmission plays a major role. Good news in labor market data. Jobless claims fell by the most in a month so there is they are still the they are still double the highest level. Joining us now is geoffrey yu. Thank you for joining us. What do you make about the jobless claims data and the labor market in the la