BLOOMBERG Bloomberg Daybreak Australia July 12, 2024
Hitting stocks. Wall street falls as the virus weakens the recovery. S p slipping, led by energy, financials, and industrials. Lets get started with a check of the markets. We are seeing u. S. Futures flat, after we had a solid risk off session in new york. We had a resurgence in virus cases and news the white house is weighing tariffs on european exports. We have the imf downgrade of the 2020 Global Economic forecast, so the s p 500 saw its largest fall in almost two weeks. All 11 sectors on the s p 500 sank. The nasdaq composite falling for the first time in nine sessions, down more than 2 ,...