Is boom bust the one business show you cant afford to miss in washington coming up markets are slumping on friday after the Federal Reserve put a halt to buybacks in the midst of the copa 19th and them if we break down the ruling and what it means Going Forward and while the Airline Industry has struggled in recent months some big changes could be coming to the sector we take a look at some issues daunting the airlines and what the changes could mean for travelers we have a packed show today so lets dive right in. And we leave. The program with the United States setting another record for new cases of covert 19 on thursday with the nation seeing a spike in cases as certain regions attempt to reopen their economies Johns Hopkins University Reported more than 40000 cases on thursday in the us eclipsing the previous record of more than 36000 cases reported in april this comes as the director of the center for the centers for Disease Control dr Robert Redfield said he estimates that every
Strong gains we saw yesterday bounce up 2 for the benchmark even higher for some of the major markets like france, germany and italy. All 2 1 2 to 3 the range. Wall street is shot for the 4th of july holiday. Lacking a little more direction, continuing to see a spike in virus cases. We traveled a long way good news on the addition of new jobs to the economy again, and also news around viruses, vaccines to defeat the virus so the markets at this stage just a little bit more nervous around some of the negative news what weve got on those individual boards, this is how it looks for the german stock market, about a 10th of a percent plus thats as good as it gets on the optimism youre seeing on these boards we are down 6 10 on spanish stocks 3 10 on italy and 12 in the u. K. And france it is a reversal in the strong gains we witnessed in the thursday session the sectors, lets xi how its moving about the top has been technology. Retail is positive construction material, utilities, travel, le
Nonfarm payrolls surprised to the upside but continuing jobless claims show maybe market weakness persists. However, asian stocks are higher. U. S. Equities of course will not trade on this fourth of july holiday. Today is the third of july but this is the holiday, the bank holiday, as you would say, for tomorrows Independence Day celebration. And case closed. Thean lawmakers end nations illegal standoff with the bank voting to accept that the qe measures taken were proportionate. Western one hour away now from the start of cash equity trading in europe. Lets take a look at how futures are shaping up. We had a mixed picture earlier. Now, we are looking at green arrows for the most part in terms of european futures. Actually, very Little Movement there. And if you look at a broader board, you would see a more andrse picture with cac ibex 35 futures down but also not by very much. Still sort of searching for direction. Lets get the berlin burger the bloomberg first word news. Top stories
Bank should have never taken Jeffrey Epstein on as a client as it agrees to pay a 115 million fine. Confirmed drove cases in america have crossed the 3 million mark while the death toll has made the biggest one day jump since early last month. Lets look at the markets as they double down on the concerns around the coronavirus and of course the Economic Impact the European Markets had a contraction. Decent forecasts for investors to rake through just highlighting some of the fears that many have had in the spike of fresh cases we are seeing in terms of the Market Action, we are picking up on the wall street trade and to European Markets that reversed. You can see another modest decline. 1 3 of a percent coming off the benchmark. The sectors and the boards the ftse trade is down by. 2 of a percent. It is a minimal decline. Were hearing further reports around consumption, any further scheme to try to support market businesses that has meant we are just down modestly this is what you are s
A change all right its time to boost your i knew. This years Independence Day celebration is expected to look a little different as the country deals with a surge of coronavirus cases that have led local officials to discourage public gatherings arties Rachel Blevins has the latest from the Nations Capital Independence Day is typically a day of celebration here in the Nations Capital but even as president promised the fireworks will go on in washington the mayor of d. C. Is calling for residents to stay home we continue to urge you to stay at home or near your home for this years celebration we want to emphasize that the virus is still in our community and poses a threat to washingtonians similar for across and. Being taken in states across the country with local governments canceling parades and festivals closing parks and encouraging residents to wear masks and social distance here at the National Mall in d. C. Massive crowds are expected but it wont just be to celebrate the holiday