let's see how the markets are reacting julianna tatelbaum in london with global trade. >> thank you, brian. we did see asian markets higher. there is a holiday in the asian region so not every market is trading we are also seeing stocks trade lower. the move is contained. sto currently 2% lower and european investors taking this news in stride. u.s. futures have pulled off the lows of the morning after that initial steep knee jerk reaction that is a mixed picture when you look at the different sectors. hard to gather a theme from the moves we are seeing. you've got banks, construction, financial services, utilities holding up best. all of those trading in positive territory. on the down side, we are seeing a bit of positive territory and retail some of those are getting hit harder this raises a number of questions around what may happen from here and how this may change the covid narrative moving forward equities are trading lower but moves are contained. >> julianna tatelbaum, thank you. let's get to washington, d.c. where president trump and first lady melania trump are quarantine

for more let's bring in julianna tatelbaum. h what do we know?k reaction was lower, we saw the dow joanes pointing to a 500 drop. we did see u.s. futures bounce off the lows but in the last half or so they dropped once again. the nasdaq, the tech heavy index pointing to a weak start also and the s&p 500 also looking to turn lower at the open. i know you've been discussing already this morning, we are now looking at an uncertain path to the november election and that's what's materializing this morning. we are seeing stronger demand for gold, u.s. treasuries and the dollar. which are seen as safe haven assets of choice. so investors taking their money out of riskier assets and into a safer bet as they prepare for the road ahead. >> like batoning down the hatches. we talked about the possibilities for another major coronavirus stimulus legislation. something that perhaps may be seen as more urgent considering the president's diagnoses. we'll see have to see how it plays out on capitol hill. but what are businesses and markets looking for from the u

for that, let's bring in cnbc's julianna tatelbaum, live from london. juliana, good morning.ty? i will say as a hill reporter, i remain skeptical that this is something that's actually going to happen. but what's your take from the business side of things? >> markets are also nervous, kasie, and this is what we saw yesterday. we saw some steep selling late in the day with the s&p 500, the dow jones, and the nasdaq all ending significantly lower. they're really watching this, what seems like a political dance in d.c. now, we did get some encouraging comments, as you said, from nancy pelosi's office. a spokesperson for the house speaker's office saying that they have made some progress in talks, and secretary mnuchin and pelosi are set to talk again today. but investors are watching with a degree of skepticism as well. having said that, u.s. futures do point to a positive start. so we are expecting to see a rebound at the open for wall street today, but a lot of nerves remain at play. and in addition to stimulus talks, investors are also closely watching netflix, who's due to d

let's bring in cnbc's julianna tatelbaum.st here >> pelosi and treasury secretary steve mnuchin have made progress in the stimulus talks in a one-hour phone call, the pair continued to narrow their differences. the trump administration and democratic leaders have been scrambling to make a deal before the election bear in mind that senate republicans could present a roadblock even if we do get an agreement between pelosi and mnuchin. the senate republicans plan to vote on a more narrow bill this week but it could pose more obstacles between mnuchin and pelo pelosi all eyes remain on washington. i want to highlight for you one positive side effect from washington so far. average credit scores have hit an all-time high the average fico score now stands at 711. so it looks like americans have been using their stimulus checks to pay down debt and take advantage of low interest rates to refinance so one positive piece of news for you. >> this was a reality check for people to get their finances in order. thank you. >> we'll take al

i'm julianna tatelbaum these are your headlines donald trump tests positive for covid sending u.s. futures sharply lower as the president and first lady begin their quarantine two weeks ahead of the next scheduled debate. the white house physician says president trump will carry on duties without interruption saying he will work from the residence. risk assets sell off with stocks opening in the red and european equities close out the day lower. investors seek safety in gold. other safe havens also rally a very warm welcome to "street signs. let's get right to the story u.s. president donald trump and first lady have tested positive for coronavirus. the president confirmed on twitter saying, quote, we will get through this together. this comes after his top aid hope hicks tested positive she frequency traveled with the president including attending the first debate in ohio the president's physician released a statement saying both the president and first lady are doing well and will stay in the white house and that the president will continue his duties in full let's get to market

julianna tatelbaum joins us now from london on the move in the overseas markets good day >> markets are trading well. the moves have been contained. we have seen a selloff gather pace in the last half an hour. every major region is trading lower. in terms of the sector performance, we have seen travel and leisure hit hardest. investors seem to be taking the news harder for now. it seems european investors are waiting to see what happens next we are seeing the selloff gather pace and the selloff in the european market. european trade is coming under pressure this morning. >> thank you coming up, much more on the market's reaction to the president's positive covid test. the dow looking to be open lower by 421 points. expecting an increase of 800,000 jobs and decrease in unemployment rate of 8.2%. stay tuned, we'll be right back. 20 years ago, i was an hourly associate cart pusher. the different positions i've had taught me how to be there for others. ♪ i started out as a cashier. i mean, the sky's the limit with walmart. it's all up to you. ♪ ♪ hey, our worker's comp insurance is expiring