About this episode
Major U.S. indices survive a rocky session, finishing marginally to the upside. However, stocks are still on track to log a fourth week of losses. The outlook Stateside is marred by more pandemic uncertainty as Covid-19 cases in the U.S. rise to 7 million, with a surge in the MidWest and the Great Plains. In the UK, Chancellor Rishi Sunak unveils a £10bn programme to safeguard jobs as he confirms the furlough scheme will wind down next month. In tech news, a U.S. judge rules that the government must defend its decision to ban Chinese social media firm TikTok in court or delay plans to ban downloads of its app. President Trump says cyber-security is his primary concern. And, CNBC learns that French drug maker Sanofi and rival GSK’s joint effort could produce more than a billion Covid-19 vaccine doses by early 2021. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .