SQUAWK BOX, WEDNESDAY 30TH SEPTEMBER, 2020

U.S. President Donald Trump and Democrat candidate Joe Biden go head-to-head in the first of three presidential debates. The two clashed over healthcare, race, the economy and the Covid-19 pandemic during a fraught ninety minutes in Cleveland. Markets react with U.S. futures largely negative. Stateside indices are now on course to finish September mostly in the red. Disney announces 28,000 job losses and the theme park operator singles out California’s decision to keep Disneyland shut as a major reason behind the cuts. In China, September PMI figures show solid factory activity and services expansion as export orders grow as well. And in the UK, virus cases hit a record high of 7,000 with hospital deaths also on the rise.