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only with xfinity mobile. >>> welcome back to "worldwide exchange."against cyber attacks and high five for five below >> we'll start with crowdstrike reporting second quarter adjusted earnings that beat forecast the cyber security company has reached more benefit shares are down more than 6% today. they've nearly tripled so far this year. possibly profit taking there pvh saw strong expand for casual wear the owner of van heusen, calvin klein and tommy hilfiger is seeing climb in europe and new york america a drop in shipments to department stores. shares up a percent and a half and five below reporting a better than expected quarter nearly all locations are open again and the third quarter is off to a strong start. those shares up more than 6.5 this morning >>> thank you. check out the dollar today extending gains to a third straight session the best winning streak for the green back since may trimming bets against the dollar and selling to the euro as the central bank is worried that that currency would rise only 1% above the 28-month low it hit earl

only xfinity mobile lets you choose shared data, unlimited or a mix of each. switch anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. >>> opec is meeting again with the huge production cut still in place. there has been some talk they could increase production. the world is still a wash in oil and demand growth remains lousy. talking with clay. they track off shore oil one of the few people i've seen at a real meeting in vienna. i look forward to being stuck back in that darn stair well and some of those bad cookies. when you look at floating storage data, is there any reason to believe opec will change their plans anytime soon? >> there is reason for them to consider it if you think of floating storage inventories and data as the leading indicator. you've got diesel and jet. we've got 30 million barrels of diesel floating around on ships. it is the fuel of factories and trucks that take things to marke

only xfinity mobile lets you choose shared data, unlimited or a mix of each.witch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >>> welcome back to "street signs. the eu has earmarked billion euros. with a focus on low to middle income countries the allocation of funds does not yet confirm whether the block countries will receive doses through the schemes or separate deals. in japan, the health minister has announced its intention to participate. so japan will be using that facility to get vaccines for their country. it remains to be seen what the commission will do in other health care news, gsk have begun testing the antibody treatment or early stage covid-19 treatment a single-dose shot that will block cells. competitors roche and eli lilly expect to share theirs later this month >>> sanofi phase three trial of the treatment shows no improvement. the drug maker said at this time, they will not be entering the drug to further study. thi

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only with xfinity mobile. >>> september off to a strong start. pointing to a higher open.ortage of aluminum could mean big for investors it is tuesday, september 1, 2020 you are wauchling "worldwide exchange." welcome back here is a look at how your money and investments are looking as we are half way through this 5k hour stock futures in the green it looks like stocks are posed to pop and will also open the trading day higher after the dow and s&p wrapped the best august in more than 30% the dow up and s&p rising for the fifth straight months. the story continues to be all about tech surging 9.5 in argue for the best performance since 2000. in asia, stocks were mixed in august, it beat expectations. stocks in europe are kicking off september on a positive note on early trade there. >>> turning now to politics and the white house. president trump scheduled to travel to kenosha, wisconsin today. eamon javers now with the controversy around that visit and what we can expect >> good morning. the president expected to leave the white house about 10:30 this morning on his way t

only with xfinity mobile.ack to the program, the french government has unveiled the stimulus plan the package equates to 4% of gdp. let's get out to charlotte for more it looks like some of these funds have been earmarked to be more friendly and support the jobs market. what do you think is the overall strategy and what can we skpoekt is the official presentation this morning >> after we had step one which was support of the state of the shock of the covid-19 crisis, 427 billion euros put in furlough scheme. this is step two, all about recovery 100 billion euros recovery package to be presented this morning. the things we know about this is 4% gdp there will be no tax increase. about 4 billion will come from the recovery fund. the tax cuts that have been promised for businesses will be maintained that is a supply plan and one to support to make sure companies will invest and higher the wave of job cuts coming into the autumn this plan is hoping be a sort of confidence shock for the french economy. the second p

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only with xfinity mobile. my only job is to take great care of my patients.?ur digital records mean your medical history is in one place, so i can give you great care. your primary care doctor, your specialists... it's great! we all work together as one team. our integrated approach to health care helps my patients live longer, healthier lives. i don't just practice here, i'm a patient, too. i wouldn't trust my family's health care to anyone else. everybody felt fine. but now im super sick. everyone is sick. i just wish we had been more careful. it would have been easier than this. so wear a mask. do what you can outside. stay six feet apart. because some things you just can't take back. do your part to lower the risk. >>> the late show with stephen colbert's next. >>> the news does continue streaming on cbs bay area. have a good night. captioning sponsored by cbs ♪ ♪ >> you're watching cnn. sorry. >> breaking news out of new york where former trump campaign advisor steve bannon will appear in court soon after he was arrested and charged with fraud earlier tod

only with xfinity mobile. >>> good morning. i'm meteorologist kari hall.over to foster city with a look at our temperature trend for the morning as you get ready to head out the door. a nice day for a long walk and keeping those comfortable temperatures and the sunshine as we head to 65 degrees at 11:00. we'll get a look at all of our microclimates and talk about our fire season outlook coming up in a few minutes. >>> and i do have a new detail, concerns now about this issue over in the tri-valley. livermore, 580 into dublin. headlights westbound, the busier flow, and that's okay. eastbound away from us heading to a car stalled and sticking out into the fast lane. we'll give you the update coming up. >>> well, good morning and a very happy tuesday to you as well. there is a lot weighing on wall street. september is historically a pretty poor month for stocks and certainly we saw that monday as the dow closed more than 500 points lower. though the closing numbers don't tell the whole story look at some tape we have from the middle of the trading day. the do

only xfinity mobile lets you choose shared data, unlimited or a mix of each.ch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. mike: san francisco salon owner who called out into pelosi for denying virus restrictions thinking supporters after they raised 300,$000 online. in an exclusive interview, her sports call a powerful reminder of common things that bind us together, far more meaningful, more than ideological differences. those funds will help her relocate in a new location. mitt romney calling out nancy pelosi tweeting out his wife, getting cleaned up for resumption of senate, or salon and pelosis. >> after the city shut down the park where it was set to be held. calling out what he said was the city's hypocrisy for shutting the park down due to anticipated crowding despite left-wing protests throughout the city. they shutdown churches and now parks. time to stand up. he will join "fox and friends" at 8:50 eastern. stay tuned for that

only with xfinity mobile.11:00 it's going to get super hot this holiday weekend. can the grid keep up? tonight the plan to keep you from losing power. >>> for the second time in four years, we're tracking record high temperatures. we're also keeping an eye on the air quality across the bay area. >>> tonight a delicate balancing act for those cities expecting the big beach crowds. >> we need to minimize exposure and keep everyone safe. >> so we are kind of just sitting here going what they are thinking is on the business side of it. this is not good for our local businesses. >> one week after vandals did this to the mayor of san jose's home. what he just revealed to us tonight. good evening i'm elizabeth cook. >> i'm allen martin in for ken. now at 11:00, streaming on cbsn bay area, a comfortable start to the holiday weekend, but that's about to change and change quickly. record breaking temperatures are expected. plus the potential power problems. but first chief meteorologist paul hagan with the scorching tem

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only with xfinity mobile. >>> the base playoffs begin next week. in for sure but the giants fighting to make it in. >> it's going to be close. they're going to do the playoffs in a bubble. four locations. the a's are likely to be placed at dodger stadium. wouldn't you know that's where they were tonight, and it did not go well. a's pitching kind of stumbling. bottom of the third inning, corey seager takes the mike fires hanging curveball to deep left center. dodgers win this game 5-1. the a's are now the third seed in the american league. >>> only four games remaining in the regular season. the giants are just crossing their fingers. this afternoon at china basin, brandon belt ties the game with this home run in the bottom of the eighth inning, but the rockies would come back and win the game in the 11th inning. as of right now, the giants own the eighth and final playoff spot. >>> well, as the nba playoffs continue, the warriors are not part of it. they're at chase center, though, preparing for next season. >> it was really a relief to be out on t

get internet that's packed with power and up to $400 in savings with xfinity mobile. ream your favorites with a flex 4k device included at no extra cost. it's three ways to get more and save more. oh look, another 3! get xfinity internet and mobile together, plus a flex 4k streaming device, for just $35 a month. click, call, or visit a store today. >>> first man cured of hiv has passed away ke leukemia. ke leukemia. he received a bone transplant. but he told the a.p. that his leukemia returned last year and spread wildly. he was 54. >>> and happening toda grand jury investigations in too the breonna taylor death will be he released. >>> and after days of protests, the city of louisville is bracing for the official release of the transcripts as well as recordings from that grand jury. daniel cameron defended his decision not to recommend charges for two of the three officers involved in breonna taylor' death. cameron argued that the grand jury could have considered charges if they wanted to but legal experts say that it is the prosecutor who impacts what is before juror

only xfinity mobile lets you choose shared data, unlimited or a mix of each.so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. >>> welcome back shirs of hsbc and standard charter falling. two stories. the big weekend report that multi-international banks flagged money transfers and how coast cases could flag another round. intel says u.s. licenses that will let it keep supplying items to huawei. a new item put in place that will keep companies from working with chinese can companies >> series x goes on sale november 10 with a retail price of $499. company calls it the most powerful games console yet get your fortnite ready. microsoft stock up this year the battle for the senate heating up as the fight for the supreme court intensifies. we are tracking the money and who gets it and why it matters for you. >> announcer: today's big number, $118.9 trillion. that was the network of u.s. households during the second

only xfinity mobile lets you choose shared data, unlimited or a mix of each.witch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. ♪ annmarie: good morning. from bloomberg's european headquarters in the city of london, i am annmarie hordern with manus cranny in dubai. this is "daybreak: europe." 300, butsted the csi retail stocks are broadly mixed. attention turns to the fed. president xi jinping tells the e.u. to mind its own business. he agrees both sides need to accelerate talks to a trade deal, but will not take lecturing over human rights issues. and job cuts are back on the table, citigroup joins wells fargo in cutting its workforce as revenue falls this quarter. . manus. , good morning. one thing we both working on listening t back to was the interview with ill gross -- bill gross. one thing i found interesting from his investment outlook was he compared the post-covid economy to his son's tattoo, saying that covid-19 was like a tatto

only with xfinity mobile. ♪ francine: the new wave of france and u.k.es the chancellor warns of an unemployment tragedy despite extra support. in thellion dollar gap stimulus bill as mnuchin says he is ready to talk. markets struggle for directions. republicans push on trump's threat to defy the election results. goldman says markets are overestimating the result -- the risks from delayed results. welcome to "bloomberg surveillance." i am francine lacqua in london. tom keene is in new york. markets are moving but struggling for direction. they are looking at stimulus in the new york but also the number of cases in europe. tom: you mail it in the opening. it is a struggle of a friday -- you nailed it in the opening. it is a struggle of a friday. there is only one story percolating right now.

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only with xfinity mobile. >>> stocks facing more pressure.igate when could be another important week for the market and your money weeks before the governor is trying to strike a stimulus deal the founder of jelly belly holding a trooerz hunt to give away his candy factory more here on cnbc. ♪ >> welcome back and good morning. could be another big market day. let's look at stock futures. you can ignore dow futures this morning. you need to focus on nasdaq futures. technology is where the positive market action has been and the negative market and that will continue today nasdaq dfutures are off their lows around 7:00 a.m. eastern time, a lot of people hitting the virtual desk and moving the markets. last week, we saw the nasdaq dak a hit and the s&p 500 go with it, snapping a five-week winning strees we learned softbank was a big part of the volatility placing as much as $30 billion in the options and equity markets. there were questions whether technology could keep driving us higher goldman sach thinks so advising clients to keep their fait

only with xfinity mobile. yes, a new way to shop that's completely tailored to you, with hundreds of your favorite fashion brands. tell us what you love and what you don't. the more you yes and no, the more we get you. we will build a shoppable feed that's so you. no two feeds are alike. this is shopping made genius. download the app and shop in a whole new way. >> welcome back and good morning. working up a sweat and stocking up on treats for man's best friend >> posting the first ever quarterly profit as revenue tripled in the surge of demand subscriptions for remote classes reached 1.1 million. also increasing production to improve wait times for equipment but does not expect to return to normal delivery times for a few months shares are up more than 200% this year. peloton ceo john foley will be on "squawk box" at 7:45 eastern time turning to oracle, those shares are up almost 3% remote work grows demand for cloud services they will rent server space to customers. they expect revenue to come in ahead of an

only with xfinity mobile. >>> welcome back local lockdowns cannot be ruled out in france as over 8,500e revealed on wednesday. the second highest daily number since the pandemic began the eu is considering legal action against the uk for violation of the brexit agreement. the block said it would have clear justification and could bring a case even before it is passed by the parliament the prime minister said it is a priority to find a legal safety net. >> my job is to uphold the interrogate of the uk and also to projekd ttect the northern i peace process. we need a safety net to protect our country against extreme or irrational protocol which could lead to a border down the irish sea which i believe and i believe members would agree would be prejudicial to the goo friday agreement >> nancy pelosi has made a statement. going to our reporter. the withdraw agreement, where do we go from here knowing how the uk commission has responded and how they feel about it >> the tensions between both sides have escalated over the last 48 hours or so. boris johnson has to answer questions with this i

only xfinity mobile lets you choose shared data, unlimited or a mix of each. you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >>> block buster results for the company known as restoration hardware frank is back with the details >> starting with rh. shares jumping 14% after reporting better than expected earnings the company said total demand rose 16% rh is not providing guidance citing the pandemic but says business trends continue to build. the ceo of rh will be on mad money tonight. >>> boeing facing an independence probe over a deal with nasa. the agreement comes as federal prosecutors continue a criminal investigation of whether a former nasa official miss guided boeing >>> kansas city southern has rejected a takeover offer. valuing kansas city southern $2,000 per share >> he everything is for sale for a price. on deck, a new chapter in the saga which is tiktok and the desperate bid to avoid a sale or a shutdown >> announcer: today's big number, $1

only with xfinity mobile.ed a lot more about the covid-19 virus. it's real. and it's dangerous. so, on behalf of all of us working on the front lines, please take it seriously. and while we don't yet have a cure or a vaccine, we do know how to keep you and your loved ones safe. wear a mask. wash your hands. stay six feet apart. do your best to stay out of crowded spaces. and get a flu shot, it's even more important this year. we can do this. if we do it together. ♪ >>> people taking advantage of the warm weather today in much of the bay area. this is video from san leandro. folks headed outside for a walk with the dogs. some to chose to sit and enjoy the sun, maybe go out for a bike ride. it is expected to be even warmer tomorrow. after a nice two break the bay area received another spare the air alert for today. this is the view of what it looked like in east bay. you can see a little smoky looking out toward mount diablo. >>> here is what it looked like in san francisco. you can see the haze and smoke hoveri

only xfinity mobile lets you choose shared data, unlimited or a mix of each.witch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >>> the u.s. treasury department is reviewing bytedance or oracle as a trusted partner they believe the tie up will address the trump administration security concerns ahead of the deadline on 20th of september. mnuchin first confirmed the move are pledging to keep american data safe. >> we did get a proposal over the weekend that includes oracle as the trusted technology partner with oracle making many reputations for national security issues. there is also a commitment to create tiktok global as a u.s.-based company with 20,000 new jobs we'll review this week and make a recommendation to the president and review with him. >> let's get to the professor of management and imd business school thank you for joining us today getting into the background of what president trump wanted that was the full sale of business

only xfinity mobile lets you choose shared data, unlimited or a mix of each.e data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. >> welcome to "bloomberg " a six week low this week. nasdaqhose dragging the blower, oracle trending down after the u.s. government made a dramatic move to expel chinese thed tiktok and wechat from apple

only xfinity mobile lets you choose shared data, unlimited or a mix of each.nly pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. francine: economics, finance, politics. this is "bloomberg surveillance." i'm francine lacqua, here in london. to theet straight bloomberg first word news with leigh-ann gerrans. leigh-ann: good morning. donald trump has promised a sharp cut back of america's economic ties with china. the resident threatened to pulmonary -- to punish american companies that do business in china. that puts him in stark contrast with his president's arrival, joe biden, who has accused trump of being soft on china to secure a so-called phase i trade deal in january. breaking news in the last half-hour. e.u.'s next trade commission has been named. phil hogan resign last month over a scandal in his native ireland. skinny back transatlantic tariff the globalupholding commercial order amid a rise in protectionism. germany's debt spending may become the new n

only xfinity mobile lets you choose shared data, unlimited or a mix of each.y pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >> good morning and welcome to daybreak australia. i am haidi stroud-watts in sydney. >> i am sophie kamaruddin in hong kong. we are counting down to the asian market open. wall street continues its relentless rally but with a twist, shares underperforming and s&p 500 jumping the most in three months to get another ripple. bailey

only xfinity mobile lets you choose shared data, unlimited or a mix of each.h anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. this is the bloomberg first word news. president trump is promising his long-awaited replacement for obamacare is ready. the president made a statement in a contagious's townhall -- cap hostile event. he has repeatedly promised his health care plan would be introduced in a couple of weeks, only for the deadlines to come and go. joe biden has made his most direct appeal to hispanic voters yet. he made his first trip to florida as a democratic presidential candidate. he told a rally that president trump has failed the hispanic community time and time again. ininos are crucial about florida. one of the key battleground states. smoke from the wildfires on the west coast has made its way to the east coast. it has been spotted high in the skies over washington, d.c. some of the world

only xfinity mobile lets you choose shared data, unlimited or a mix of each.witch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. well, if you're celebratingt by eating reese's.ween? then no, you're actually late. not sorry, reese's. the fighting spirit is one we for eduardo pérez, it drove him to thrive in his search for a better life. immigrating from guatemala at 18, he found work as a dishwasher... a line cook, sous chef, and eventually... fought to the top of one of the most challenging professions in the world. proving that there is no challenge that can hold back a fighting spirit. since 1925, we've proved that it doesn't matter where you come from, it matters what you're made of. modelo. brewed for those with a fighting spirit. ♪ ♪ you can go your own way ♪ go your own way your wireless. your rules. only xfinity mobile lets you choose shared data, unlimited or a mix of each. and switch anytime so you only pay for the data you need.

only xfinity mobile lets you choose shared data, unlimited or a mix of each.witch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >>> welcome back to "fast money. we've got earnings alerts on peloton and oracle let's kick things off with josh lipton >> i caught up with kirk who covers oracle. he called them solid results key questions on the call, qq guidance which we just got more kpcompetitive position in h growth market. of course, another big question is oracle's interest in tiktok u.s. operations. kirk has previously written about that says it could make sense if oracle sees them as a partner. infrastructure businesses are also growing rapidly as revenue from zoom more than doubled from q 4 last year to this year i have a high level of confidence that our revenue will accelerate as we move on past covid-19 she says eps growing between 10-14% revenue growing between 1-3% she says the company will make no comments about press reports abo

only xfinity mobile lets you choose shared data, unlimited or a mix of each.witch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >>> welcome back what you're seeing is a look at the markets right now. it is red. very much so but i'll point out that at the lows of the day, the dow is down over 600 some odd points we're down about 356 right now yes, it's still deep in the red. still very, very much so off the session lows the nasdaq off by 2% just about having its particular declines on the intraday basis the russell 2000 out performing. let's get to the headlines with sue. >> good afternoon. here is what's happening at this hour ahead of the labor day weekend, the tsa is reporting the most daily passengers through its check points since the pandemic began. thursday's total of 878,000 people is more than ten times the april low but it is down sill 60% from last year's level. spain and italy reporting the highest number of new infections in a

only xfinity mobile lets you choose shared data, unlimited or a mix of each.h anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. emily: welcome back to "bloomberg technology." i am emily chang. it rising gillette occult -- geopolitical tensions between the u.s. and china have led to rocky cross-border deals. we spoke with the head of america's banking at mizuho securities at how investors are approaching deal flows and m&a in the tech sector. more proactive intervention or scrutiny, i should say, knowing the rationale is national security or critical infrastructure. the person sitting in the white house clearly has a prerogative and ability to do that. i do think that is clearly a factor when companies are making a determination who a potential acquirer could be. that crates uncertainty -- creates uncertainty. >> i want to draw on your experience as a longtime technology banker because there is so much s

only xfinity mobile lets you choose shared data, unlimited or a mix of each. switch anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. >>> we are following new developments on tiktok a deal announcement could be coming within hours. julia boorstin has the latest. >> we are expecting an announcement in the next day or so on the approval of a new entity that i'm told will be called tiktok global getting some new details from a source close to the situation. while this proposal is expected to be approved and how it makes this new tiktok global majority owns in the u.s. bytedance is 40% owned by u.s. investors. it's 51% owned by chinese nationals. a new tiktok global would mirror those ownership stakes, bytedance selling about 10% to oracle would make the company u.s. majority owned. the sale of an additional stake to walmart would further increase u.s. ownership over that 50% mark. multiple sources telling

only with xfinity mobile.e freedom caucus is calling on house minority leader kevin mccarthy to back their efforts to oust nancy pelosi as house speaker. they are trying to do so through a motion to vacate the chair. mccarthy however does not support their efforts. he believes it is best to win back the majority in november's election. americans who have been affected by the violent riots and democrat run cities were polled and overwhelmingly approve how president trump is responding to this civil unrest and outright violence in democrat run cities across the country. a new rasmussen survey finds 76% of americans who have had violent protests in their communities say those riots will affect their vote and 63% of those voters strongly approve of the job president trump is doing. the damage from the riots, the looting and vandalism will be the most expensive in history. the insurance information institute reports the cost of those riots and looting to be between one and $2 billion in just the two weeks after geo

only xfinity mobile lets you choose shared data, unlimited or a mix of each.ou only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >> we are in a recovery, but this is about to slow down. >> a longer term is not looking good in terms of the support for consumption. >> we are pretty sure the fed is not going negative. >> the right policy approach is probably to do nothing. >> investors are sleeping on a dynamite pillow, and that dynamite is inflation. >> this is "bloomberg surveillance," with tom keene, jonathan ferro, and lisa abramowicz. tom: good morning, everyone. jonathan ferro, lisa abramowicz, and tom keene on this september 11. we welcome you all of you

only xfinity mobile lets you choose shared data, unlimited or a mix of each.h anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. lisa: "bloomberg surveillance," welcome back. tom keene and jonathan ferro both playing hooky today ahead of the labor day weekend. because i amough, joined by the one and only paul .weeney, my former cohost and colleague thanks for being here -- my former cohost and colleague. thanks for being here. paul: a lot of the schools in new jersey, they are going back to school and kind of doing a hybrid approach. hoping for the best, but my son reported that everybody was on their best behavior, wearing their masks, social distancing, so we are hoping for the best lisa: i will say -- for the best. lisa: i will say, i have never seen children so excited to go back to school in my life. you are seeing futures indicate another record high for the s&p and nasdaq today, if it holds. we are looking at s&p to the up 65 basis5, po

only xfinity mobile lets you choose shared data, unlimited or a mix of each.pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. ♪ >> good morning and welcome to daybreak australia. we are counting down to asia's major market openings. >> easier top stories. continue to drive the rally higher. there may be a cloud on the horizon. november's election is prized as the worst event risk in vicks history. problems are mounting in australia.

only with xfinity mobile. ♪ i am mark crumpton with first word news.elop an effective covid-19 vaccine. johnson & johnson has kicked off a massive trial to test its vaccine. the company has begun dosing up to 60,000 volunteers with its one-shot inoculation. they are the fourth vaccine maker to move its candidate into late stage human studies. the company says the trial could yield results as soon as the end of the year which would allow the company to seek emergency authorization in early 2021. there could be lines of 7000 trucks at the english channel and two day waits to get into france after the u.k. leaves the european union. the minister in charge of operations says as much as 60% of trucks waiting to cross the channel may not be ready for new paperwork and regulations that will come into effect on january 1. the british government says the delays could last at least three months until companies get used to the new systems. former secretary of state hillary clinton says the

only with xfinity mobile.he markets given that big selloff yesterday, a lesser version of that happening today. we turned to abigail doolittle. abigail: a real roller coaster on the day. the s&p 500 actually opened up slightly today after that big selloff yesterday. now down about 1.5 percent, so somewhere in the middle. yesterday's big selloff, the worst day for the s&p 500 since june followed wednesday, the s&p 500's best day since july. investors trying to decide what is going on. we had a solid nonfarm payrolls report. economic data supporting the recovery in place but we have a lot of big tech selling. stocks have been up so much of this year, some of that froth coming out on the day. the faang index down about 2% right now. supporting the idea that we may see the losses get even smaller, we have haven bonds lower, and we also have the vix -- this is shocking. it is also lower. we have a case of cooler heads prevailing as we go into the afternoon and the long weekend. david: expand it out to a few markets

only with xfinity mobile. >>> bank stocks have been selling off this year.he time to get in upgrading jpmorgan and bank of america to buy. it's our call of the day it's been the sub text of our conversation all hour long here. josh, you own jpmorgan >> yeah. i'm in it as a total return play i almost look at it like a bond. it's got a very high yield a decent buy back. not a ton of earnings volatility they seem to be very insulated from the types of credit risk that have heard bank stocks. i feel like it's groundhogs day. every 90 days some analyst comes out and says now is the time the own the banks. they could do well from here i don't see them being market leading stocks, maybe ever again for the rest of my life. i think they have been turn eed into utilities by regulation i think i do better in jpmorgan equity or preferred than i do in cash >> all right rob, your thought ons ts on ban. longer for interest rates doesn't help them but you see help in the form of that cyclical rotation play that you've been talking about. >> to josh's point, they make up a h

only xfinity mobile lets you choose shared data, unlimited or a mix of each.y for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. >> this is the fed decides. we are waiting for the decision. host air powell will conference and answer questions. i am joined by tom keene, and scarlet fu and michael mckee. michael: there is no change in policy, but a lot to impact -- unpack in this statement. there is an upgrade to the forecast for the u.s. economy, change to the statement, and no consensus, but glimmers of when they might start to raise interest rates. in the statement today, the fed says it is keeping rates unchanged, but they changed their justification to match the new policy of average inflation targeting. committee will-- aim to achieve inflation above 2% for sometimes said that inflation averages 2% over time,

only xfinity mobile lets you choose shared data, unlimited or a mix of each.h anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. ♪ if i could, baby i'd ♪ how can i, when you won't take it from me ♪ ♪ you can go your own way ♪ ♪ go your own way your wireless. your rules. only with xfinity mobile. alix: live from new york, i'm alix steel, with guy johnson in london. this is "bloomberg surveillance ." three major event happening in d.c. deal,s a major stimulus president trump announcing his supreme court nominee, and the president refusing to agree to a peaceful transfer of power. the winner of a november 3 election will be inaugurated on january 20. there will be an orderly transition just as there has been every four years since 1792. isn't,l because if there you potentially could see that wind up in the spring court, which makes president trump's supreme court nominee even more important. let's break all

only with xfinity mobile. david: don't rock the boat.al brexit, and an explosive book about president trump set to put the market on edge. this is bloomberg wall street week. this week, speaker of the house nancy pelosi. >> we need a stimulus in terms of job creation. david: contributors larry sommer of harvard. afsaneh beschloss of rock creek group. and stephanie flanders of bloomberg. stephanie: many people in the financial markets are expecting them to do more to stimulate the economy before the end of the year. david: ross gerber of gerber kawasaki. dan chon of

only with xfinity mobile. >>> now at 6:30, calls for justice growing louder.isco, oakland and san jose rally over the decision in the breonna taylor case. voices echoed across the nation. >>> and the late ruth bader ginsburg lies in repose at the supreme court for a second day. president trump about to pay his respects. >>> and here is a live look outside through our sutro to you he e tower camera. we are starting off with some fog and a little drizzle. and drew is tracking when it will clear. i like looking at that. that is really pretty. g good morning, everybody. let's check in with drew to see how long it is staying around. >> it is kind of comforting to see the fog, we're keeping ourselves cool and comfortable. the of when y the number ten means unlimited, but petaluma is down to one mile advisability, so there is some dense fog there. and half moon bay has been down to zero miles of visibility. so issues on highway 1. and i love this picture. you can see some patchy fog in and around the bay shoreline, so our day planner today features the fog early on.

only xfinity mobile lets you choose shared data, unlimited or a mix of each.tch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >>> welcome back to "fast money. we are following a developing story of nikola. shares tumble in the after hours session. phil >> they are under pressure because it appears there are now two agencies investigating nikola this afternoon two reports, one from dow jones, one from the ft saying that the department of justice, specifically the us attorney's office for the southern district of new york has made inquiries to nikola regarding the fraud claims we have reached out to nikola. no comment at all. we've been unable to hear anything back from the company regarding this report of the doddo investigating. the sec is also looking into these broad claims surrounding nikola neck nikola reached out proactively to the sec and said we want you to look into these claims. the claims said this is an intricate fraud that nik

only with xfinity mobile. ♪ ♪ lou: a quotation of.eisenhower said in 1955 quote without god, there could be no american form of government. nor an american way of life. joining us tonight pastor robert jeffress from first baptist church dallas fox business contributor, pastor great to have you with us the dwight david eisenhower opened to public amazing day your sense of importance. >> lou when i heard those words you quoted it reminded me of what our 6th president john quincy adams said when he said greatest glory of american revolutionconnected in one bond the principle of government and krinity you cannot study nation deny this was a found on you. >> diao christian state, and left knows it why desperate to erase rewrite history want to dissolve that bond with. >> they can write more alit without god everything is personable the president knows this that is why pushing back against this attempt to rewrite our history, and to separate us from our christian foundation. and, you have written a great book, by the way, the trump century,

only xfinity mobile lets you choose shared data, unlimited or a mix of each.y for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. lou: breaking news president trump is expanding his fight against so-called critical race theory. president trump issuing an executive order that prevents federal contractors from training employees on critical race theory. the president's executive order states, the participation of contractors employees in training that promotes race or sex stereotyping or scapegoating simile undermines efficiency in federal contracting. such requirements promote divisiveness inss the workplace and distract from the pursuit of excellence in collaborative achievement and public administration. radical dem vice president candidate kamala harris says more police do not mean safer communities and that we need to reevaluate policing. >> let's talk about america's failure when it comes to understanding how you create safe

only with xfinity mobile. >>> now to some good news as divisive as things are these days the world ofd hip-hop. ♪ >> oakland hip-hop meets san francisco's symphony, part of the symphony's current series titled "from scratch," it explores the intersection of classical music and other music musical genres. filmed in various locations, the streets of oakland. it is a way for musicians to collaborate on music and activism. love that. >>> all right, if you watch every week you know now it's time for our clear the shelters segment featuring our friends from pets in needs. we want to introduce you to serenity, about 's petite. despite her name they say serenity is energetic, loves to play with toys, her favorite part of the day at pets in need is going outdoors for socialization time with volunteers. pets in need says serenity would be the perfect companion for an active household. people who like going on long walks, or hikes, she is affectionate. some dogs take time to warm up but she does not. we do want to add, though, that she'll need to go to a home with no other pets. to find out more

only xfinity mobile lets you choose shared data, unlimited or a mix of each.nly pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. ♪ muck . lou: well, the president, with our veterans, with our troops and with their families. constantly. >>> breaking news now, president trump putting public schools on notice. if schools adopt the curriculum of "the new york times" 1619 project, they will lose federal funding. that project is an ideological work, and it alleges american history began in 1619 when african slaves arrived on this continent and that american history should be viewed through that particular racial lens. the president's warning follows mid's elimination of critical race theory by the administration from all federal agencies. that's right, they have been teaching critical race theory and tutoring our federal employees with that indoctrination. finish president trump is surging in the polls despite the lies and the efforts of the national left-wing media