i'm vonnie quinn. today's top story, all about jobs.f the weaker than estimated payrolls report boosting hopes for a stimulus deal. lindsey piegza will join us with her insight into the post-covid labor market. we know what is going on with traditional jobs, but what about the gig economy? yanisse, ceoaniel of checkr. we know that it has been an up/down kind of week. we are seeing gains in the s&p 500 and dow. equities just rolled forward. 3690 on the s&p 500. off of our highs for the 10 is atbut the dollar index 90.64, something to behold. crude oil continues its march higher at 46.11. the last jobs report of the year coming out today, payrolls weaker than estimated. with more insight from chicago is lindsey piegza stifel. we know we are probably headed into a second contraction. is there anything that could prevent that? lindsey: it will be difficult but it depends on the second round resurgence of the virus and policies that we expect in terms of restrictions and lockdowns. the more we see in terms of andting businesses individual ac

i am vonnie quinn. here are the stories we're following. the u.s. begins its vaccine rollout. the initial step in a historic drive to immunize millions worldwide. we will speak with the professor about the challenges. a gross federal spending bill that might include covid-19 relief is targeted for release as soon as tomorrow. legislative language will be unveiled today. we have details. with or without you, a brexit trade deal that is. 's chiefpean union negotiator sees a narrow path to one this week, but significant differences still need to be bridged. heather connolly of the center for strategic and international studies in a moment. let's take a check of the markets first. gains. 500 narrowing its it was up 1% at the open. now it is up .2%. risk appetite waning for the pound as well. it is only up point 5% versus the u.s. dollar. it was up more earlier. opec cutting its demand forecast. crude oil is backing off. there is inchoate attempt at some risk appetite today with appetite today despite the se

i'm vonnie quinn. welcome to bloomberg markets. here are the top stories we are following on the bloomberg and from around the world. congress passes a spending bill that includes pandemic relief, but a new variant of the covid-19 virus is raising alarm bells around the world, forcing new travel restrictions and dimming investor optimism. stocks are waiting for another shoe to drop. we will explore what pena lies ahead for commercial real estate, and what it means for state audits. and we will talk about the rv life. us torstream ceo joins talk about how the recreational vehicle industry is faring as people travel differently. let's get a quick check on the markets. a pretty bifurcated and quiet market earlier today. the s&p 500 down a 10th of a percent the nasdaq positive by only three -- .3%. vix at 24. a little muted today. tradingish pound is down against the u.s. dollar, even though it looks like those routes between britain and france will reopen at midnight. let's focus on the u.s. economy with

i am vonnie quinn..s. hospitals facing breaking points. the realities of running out of room to treat patients may be approaching. we talked to northwell health ceo michael dowling. frexit on the brink. talks over a tree deal with the european union in breach. negotiations could continue. we have the latest in a few moments. getting to the nitty-gritty of stimulus. more details on a overnight hundred billion dollar release relief package. we had a bifurcated market all day. the dow is down 0.6%. 91 dollar index is below thanks to a stronger euro. we have a weaker sterling is the prime minister boris johnson gives the latest on brexit. 4600ay seeing hospitalizations in new york. governor cuomo said hospitals must expand capacity by 25% if this continues. joining us is northwell health ceo michael dowling, head of the largest hospital organization in the state. give us an idea of what kind of capacity you are at. michael: i'm glad to be here with you again. patients int 730 our hospitals. that has increas

i'm vonnie quinn in new york.e: we are joined by our bloomberg and bnn bloomberg audiences. here are the top stories we are following from around the world. . he brings with him his special economic christmas tree indicator. then we will speak with the brunswick ceo about the booming amid thisf boating k-shaped recovery. and the latest on vaccines. u.k. against delivering the vaccine as early indication from u.s. regulators is they may grant emergency use authorization here in the u.s. this week. in on markets,g positive news on the vaccine continues to have an influence here. rotation with a energy leading the way across the broad market. the s&p bouncing up as the session goes on but not massive moves. energy was the weak spot for these markets on both sides of the border yesterday. today it is climbing as a group, as we see the price of oil still softening. west texas down slightly. health care is a stalwart. up 4% onse, pfizer is the day, good news as well for astrazeneca. the optimism continues around vaccine

. ♪ ♪ vonnie: this is bloomberg markets, i'm vonnie quinn.or dash and airbnb, 24-hour period, they went public nd their valuations skyrocketed. they may have less money on the table. katie. us is bloomberg's that is always the 2020 hindsight vision, right, that on the table, that's unless it's gone in the other direction, in which case, would have lost money. katie: yeah, yeah, i mean, in silicon ially valley always talk about this money on the table concept. we wrote a story about it. mean, sure, if airbnb would have priced their shares higher, raised more ve money. a lot of considerations go into i.p.o.s.the people don't want to optimize for day one, but they want a share price that is going to coming months through the lock-up expiration stock ometimes drags the down. we don't know exactly what dash were aiming for, it is pretty unprecedented we reported ase, they set a record by more than day, ng on their first which is unusual for a billion and they're ompany valued at roughly $100 billion employee shares. vonnie: it does seem like the t

in hong kong, i am vonnie quinn. welcome to bloomberg markets. here are the stories we're following. canada has given the green light theye pfizer vaccine after finished a two review of the clinical trial data. we will discuss the head of biontech industry research at margin stanley. -- morgan stanley. someone will join us from bloomberg's american health summit to talk about how underserved communities are being affected by the pandemic and lack of federal support. the online food delivery company doordash making its public debut today, opening at $182 a share, over double its ipo price. elsewhere, let's take a check of the markets. we are seeing a little bit of downward momentum in stocks. .5%.&p 500 down the nasdaq down more than that. other stocks -- among stocks moving, lowe's the best performance in the s&p. fannie mae had a swing of as much as 20% today, now 5%. verys hearings there, interesting. mixed messages from the supreme court. we will get an answer to that next year. dollar index higher today. the pound has had a whirly gig day as

chaim vonnie quinn, alongside amanda line.wildlife populations are down two thirds on average in the last 50 years. the destruction is not only troubling for conservationists, it also poses economic risks. alastairs today is marsh in london. pallister, this is a new take on the bfg what exactly are fund managers doing? is aair: sure, this natural extension, to some degree, of the work they have done on climate change. since the paris agreement in 2015, slowly but surely more finance ministers are talking about climate. about how their businesses contribute to climate change, but also how climate change has become an existential risk and immaterial financial risk. ofyou follow that train thought further, he come to the conclusion that biodiversity, choose the wealth and righteousness -- richness of life on the planet, the destruction of the natural as aal as we destroy that, human population, there is some serious financial implications. have a group of fund managers, most of them in europe, have started something called the fi

i'm vonnie quinn. welcome to bloomberg markets.ere are the top stories we are following on the bloomberg and from around the world. treasury secretary steve mnuchin and jay powell testifying earlier before congress on the cares act. itsla says the fed will use tools until danger has passed. doordash and airbnb are leading a parade of tech ipos as 2020 comes to an end. we will analyze what is driving the activity. exxon mobil is poised to incur the biggest right down in modern history, thanks to this year's in energy prices. we have the details. let's take a quick check of the markets as we await president-elect biden, who will introduce some key economic policy posts in delaware. right now, we have the s&p 500 on a bit of a tear, with other indices up 1.3 percent. the dow and nasdaq up 1% as well as. in november 2 remember. todayo have a strong euro against the u.s. dollar, 1.2048. crude oil down but still at 44.68, as we await the proper opec-plus meeting. above 20., staying we are awaiting president-elect joe biden, who will intr

i am vonnie quinn and welcome to bloomberg markets.ere is the story we are following around the world. as president-elect biden positions his team for the white house, we examined what kind of challenges he will face at the homefront and abroad. insight.ave some ipo'sirbnb to doordash, are thick and fast this year. what is driving the markets. the casino and gaming industry sees an exhilarated shift to digital during the pandemic. we will talk to can see no magnates -- casino magnate neil bluhm who was involved with brick-and-mortar as well. bill get all the details. a quick check of markets. the market gave back some of yesterday's gains earlier in the session. the s&p 500 is flat. the 10-year is up. a eweak dollar index. 92.dollar index below 45.51gth for crude oil, $ per barrel. the casino industry has seen an accelerated shift to online to the pandemic. brick-and-mortar locations are bearing the brunt of quarantine and isolation measures across the country. interactive operates across multiple states and has seen an incredible surg

in ontario along with vonnie quinn. pete buttigieg at his transportation secretary.t name can be added to list of those who will be in a joe biden presidency. we'll continue to follow that for you. of course, been watching vaccine rollouts and fresh news on that front today. there's optimism about some kind of postvaccine return to whatever that normal that wall, it appears street is still planning to the access toyond vaccines. jenny is with us from bloomberg. us.y, thanks for being with let's just start with what we understand about wall street. it felt as they were going to trading desks ir and back to their floors. that's not the case, they're shifting gears? jenny: yeah. it seems like, you know, earlier in the fall and certainly at the the summer there was a lot of optimism from top bank executives they would have more of their staff return to offices. but with this latest wave of especially here in new york, you know, they've already cease staff. some banks like city group have anyone beyondally absolute essential personnel can't come in. see you're starting to

. ♪ ♪ vonnie: i am vonnie quinn in new york. this is bloomberg technology.up in the next hour, with fewer than 30 days until joe biden's presidential inauguration, he urges americans to celebrate the milestone virtually as 60,000 trump supporters refuse the election results with an

. ♪ >> i'm vonnie quinn in new york in for emily chang.g up in the next hour, we will stay here until we finish. that assessment from mitch mcconnell as congress gets to vote on a nearly $900 billion stimulus plan attached to a $1.4 trillion measure to keep the economy running.

. ♪ vonnie: i am vonnie quinn in new york. this is bloomberg technology.g up next into the next hour, the president vetoes the bill. congress where lawmakers must decide whether to override that veto. we

>> i'm vonnie quinn in new york in for emily chang. technology.mberg coming up in the next hour, we will stay here until we finish. that assessment from mitch mcconnell as congress gets to vote on a nearly $900 billion stimulus plan attached to a $1.4 trillion measure to keep the economy running. and tesla skids. tesla among the biggest drugs on the s&p 500 in its first day of trading. other than the fact the index as a whole moved little. and peloton, for $420 million, to gain u.s. manufacturing capabilities and extension opportunities. we will hear from the president, bill lynch. those stories in moments. first, u.s. stocks slumped amid a new mutation of the coronavirus in the united kingdom. a wave of lockdowns and travel restrictions. abigail doolittle has more on the market today. abigail: it certainly was a volatile market today. at one point the nasdaq 100 down 3%. that's true of the s&p 500 as well, the virus fears and mutation in the u.k. weighing on markets. there was a fear that could come here and slow global economic growt

it's 1:00 here in new york, i'm in for vonnie quinn, welcome to bloomberg markets.e are here on the final day of 2020. what a year it has been. right now, you are looking at the s&p 500 at another low-volume this year. year, and byon the some measures this is probably an immeasurable 16% gain on the year. the u.k. stock also closing earlier. the ftse 100 has an interesting year. closing down despite some optimism about brokering brexit. finishinghe ftse 100 at about 14% or take a look at what's happening on the dollar. this has been the story for a good portion of the year. a profit taking hit. and treasuries right now will close a little earlier in the u.s.. atht now we are looking this, pushing the 10 year yield down to about 91 basis points. all right, ipo's have also big -- i've also been big. more than double last years total. the booming market showing no signs of slowing down into 2021. a lot of questions about evaluation. guest has been studying this data for quite a few years. ands start with this year expectations, particularly after the code crisis. the g

i'm vonnie quinn. here are the top stories. an historic day for the u.k. and the eu.the outline of a post-brexit trade agreement is reached. we will have the latest on what we know. pelosi is planning a thursday vote on new legislation that will boost stimulus payments for individuals to $2000 after president trump demanded bigger checks. we will explore how all of this news is affecting u.s. sentiment. -- investor sentiment. anemicough there is volume, we are up on the s&p 500. sterling.ews concerns sterling is up 9/10 of a percent. versus the u.s. dollar. versus the euro, it is also stronger by three quarters of 1%. the pound index jumping. off the news from senior sources that an agreement has been reached in principle between the u.k. and europe. we are looking for an official announcement later on. for more on all of this and what we do know right now, let's bring in a u.k. conservative member of parliament. us.k you for joining what do you know as a member of the conservative government about what has been agreed to? >> i am hearing the same music as you. everyb

vonnie: i am vonnie quinn in new york. this is bloomberg technology. coming up next into the next hour, the president vetoes the bill. congress where lawmakers must decide whether to override that veto. we will have the latest. plus, uber's top lawyer shared we will hear from tony west on the aftermath of prop 22. uber drivers qualify as essential workers before the general public. and, flying, security cameras. we get a read on the big consumer technology expected to make a splash in 2021. these stories in moments. first, u.s. stocks broke a three-day losing streak even as uncertainty surrounded president trump's demand for changes. let's get to abigail doolittle. president trump of this legislation and that is making a difference. abigail: it is. never a dull day so many headlines including that one. president trump saying he may want changes to the stimulus bill. markets looking past that. markets look past these later headlines with president trump as well. stocks did not do all that much. into the close, a bit of a leg while her. it is on clear if

♪ vonnie: i am vonnie quinn in new york. this is bloomberg technology.oming up in the next hour, with fewer than 30 days until joe biden's presidential inauguration, he urges americans to celebrate the milestone virtually as 60,000 trump supporters refuse the election results with an online event of their own. from virus to stimulus. we will break down all the conflicting signals from washington. stocking?to in your the digital currency is on a tear. and what happened to facebook's libra. analysis and outlook. belly.ngle they particular appetite. there from the gold belly ceo -- we will hear from the gold belly ceo. sliding amid lingering concerns over a new variant of the coronavirus with lockdowns mainly in europe. abigail: a bit of a jittery day of stocks. the s&p 500 fluctuating earlier in the day, then heading lower. i think the bigger trend to think about is the fact that we now have this index down three days in a row. the bears are gaining traction. the nasdaq 100 up ever so slightly. mixed messages. but investors again just a little bit cautious

vonnie: i'm vonnie quinn.e the followers we are storing that we are following for on the world. an ultimatum again. chief negotiator warns boris in return for greater control over fishing or face no deal. fed's annual stress test out later today with payouts and share buybacks, hinging on the pandemic as the deciding factor. and we will bring you the latest on the russia's latest solarwinds hack. amanda? somea: we are seeing negative sentiment out there for the markets, and a lot of this likely to be politically driven. we are watching the volume on a quadruple witching day, but we are certainly seeing broad-based declines here, and picking out -- we do have on the u.s. side of the equation, we are still expecting to see or hope to see any kind of details emerged about a fiscal package in congress, and of course we are still watching some of the economic data points rolling in here as a reminder that even as vaccines do is their way into distribution,ead there will be pain and suffering between here and there,

i am vonnie quinn. welcome to "bloomberg markets." here are the stories we're following.ongress will vote today on a $900 billion pandemic relief bill, the second-biggest economic rescue measure in the history of our nation. we will have the latest. and a new variant of the coronavirus in the u.k. anti-lockdown's and travel restrictions are dampening spirits before the holidays. u.s. stocks started to slump today, the most in two weeks, before bouncing back. and joining the club. it's been an incredible year for tesla as it joins the s&p 500 today. its rise has created a bloodbath for the short the company. we will get insight from robert sloan. now let's get a tick of the markets. the s&p 500 higher. goldman sachs and morgan stanley are up. jp morgan is up as well. overall, we are down .5%. ath less down than we were the beginning of the session when we saw a drop of 1.2% for the s&p 500. the nasdaq is down 4/10 of 1%. a drop further british pound. and the euro. this as lockdowns stymie progress for the british economy, as well as the fisheries issue still outstanding in

vonnie quinn will step in with sean casey. i will go over to radio. "balance of power" on bloomberg. ♪ vonnie: thanks to david westin for bringing us the beginning of this countdown here. we have the clock at 15econds. we watched it go from t minus two minutes, now 15 seconds. we should just assume there is a bit of a delay or perhaps a problem. sean, how often does this happen we see the countdown clock begin and it gets close to lift up time when it stops? we will bring sean into just a moment. this was to launch a satellite to replace a satellite for sirius xm. an actual paying customer for spacex. this comes two days after that fireball we saw on wednesday after a seven minute flight. it was a totally different kind of mission. spacecraft, and unoccupied rocket. -- spacex gotsp a lot of information from it. they bellyflop that landed to quick. that particular mission was in order to continue the mars process. elon musk saying possibly we are looking at 2026 before our first starship flight to mars. six years away, five plus years away. not too bad

vonnie: i'm vonnie quinn in new york. this is "bloomberg technology." coming up in the next hour, with fewer than 30 days until joe biden's presidential inauguration, he urges americans to celebrate the milestone virtually as 60,000 trump supporters refuse the election results with an online event of their own. from virus to stimulus. we will break down all the conflicting signals from washington. plus, crypto in your stocking? the digital currency is on a tear. what it means for crypto's value in the new year. and what happened to facebook's libra? we have analysis and outlook. and, jingle belly. consumer trends in the age of coronavirus have shaken up the restaurant industry. a particular appetite. we will hear from the goldbelly ceo. those stories in a moment. u.s. markets continued the drowned -- downward trend of sliding amid lingering concerns monday. over a new variant of the coronavirus with lockdowns mainly in europe. let's get to abigail doolittle in new york with more. abigail: a bit of a jittery day for stocks. the s&p 500 fluctuating earlie

. >> and i'm vonnie quinn. the f.d.a. meets today for approval of the shots.ng you the latest on the vaccine front. closing in on relief. senate majority leader mitch mcconnell says a deal is, quote, close on hand. a nearly $900 billion relief package could be announced as soon as today. and how well is corporate america doing when it comes to human rights? we'll ask a.p.g. asset management head of responsible investing in the americas. amanda: we do have sort of a similar set of cross-currents for invest st today. so we have some positive action from markets and obviously that brought s&p 500 sitting at chose to a record high here, despite the fact that the economic data show a bit of turmoil as every state showing a drop in personal income and of course the jobless claims number rising unexpectedly. at least against expectations. you can see, though, the broad market is holding its own. we are seeing techs doing just ok today. they're not a massive drag on the market but they're not helping it particularly. one reason for that softness for google today. it i

. ♪ >> i'm vonnie quinn in new york in for emily chang.ming up in the next hour, we will stay here until we finish. that assessment from mitch mcconnell as congress gets to vote on a nearly $900 billion stimulus plan attached to a $1.4 trillion measure to keep the economy running. and tesla skids.

. ♪ vonnie: i'm vonnie quinn in new york. this is "bloomberg technology."ys until joe biden's presidential inauguration, he urges americans to celebrate the milestone virtually as 60,000 trump supporters refuse the election results with an online event of their own. from virus to stimulus. we will break down all t