Stimulus support. Sony posts a 30 drop in firstquarter profits. The conglomerate targets a high score from playstation saying it aims to sell 25 million consoles. Investors are awaiting the latest numbers out of disney. The ceo says he may want to do away with the groups no growth businesses. It is a bit of a turnaround in sentiment for markets. We are almost up 1 in the early hours of trade today. It is a sharp move versus yesterday. Yesterdays session was a downbeat and that continued into the u. S. Markets closing. The focus for investors was the downgrade of several regional banks. The banking index yesterday in the u. S. Finished the session down 1. 3 . China is confirming the country is experiencing deflation. We will talk out that later on the show. The mood as i said is more positive today. Up 9 10 of a percent. Lets get further insight on the breakdown. I want to start with the italian index. This after a extreme day of selling yesterday after the government decided to introdu
Plus, powell wrapping up day two of testimony on capitol hill. Cleveland fed president loretta mister joins us exclusively with the more on the timing of when the first rate cut could be. And then we have the action, the story, and the trade on three more names getting ready to report results. Our trader likes two of them, and shes here with the names and what makes her a buyer. We begin with the markets overall. Its green. The headline today is a record high. Again, a record high for the largecap s p 500 index. Well put a star right there right now. At one point, it was as high as 5156. Its currently up 1 . The dow is the laggard on the day, just up maybe 1 3 of 1 , 120 points to the upside, 38,781. But the real outperformer is the tech heavier nasdaq. Not a record yet, but darn close. Its up roughly 1. 5 , 231 points to the upside. 16,262 the last trade there. Meanwhile, check out some of the earnings movers. A check on the consumer economy. Supermarket giant kroger, you can see here
A blow. Russia of a Nuclear Attack , i am referring you to what they said at the beginning, that now we are being considered as a field for nuclear war, yes they are considering, now you are being considered as a field for that Nuclear Strike, russia itself, now they consider it that way, because you cannot shout for two years that you will strike somewhere with Nuclear Weapons, and not be a field for a Nuclear Strike, this does not happen, it must mean closing down, and actually now for russian propagandists, and in general for the russian authorities , the question arose and what should they do, how should they continue to brandish this nuclear bomb, but so much so that it was a threat and , as it were, some kind of hint, and Something Like that, and these fantasies are also echoing, and they are completely different, well, first, it is a fantasy that some very vivid Nuclear Demonstration is needed weapons, and what should we do in these conditions, if there is at least some restrain
And troubles brewing for carlsberg as a fall in sales and a writedown in its key russian market sent shares in the danish beer maker lower we will speak to the carlsberg ceo at 11 00 a. M. Cet. And lower sales and a tax charge take their toll sending shares lower sounds like we have a deal in germany talks forming for a Coalition Government between Angela Merkels government and the spd. The talks deadline was sunday night, but they have blown through that deadline. It seems now like the two sides have come to an agreement. They have agreed on a formal deal, thats according to a conservative politician and a Source Associated with reuters another source says an agreement could not be seated ael sealed s still formalized writing to go through. This could take the country closer to a new government after four months of uncertainty we heard from one of the leadership positions that this is something that has happened there is a deal. Thats according to the Senior Leader at the party. This
Eyes turn to germany today. I was thinking about that because it was not necessary for the bank not to include that. Our bank did not have a problem with that. When will the banks open . When they increase liquidity. When will he get those heroes . It will not pay back our debt. Its should be within the next few days. Theyre still working. But that will prevail. What about people on the street . Deborah violent protests. Do you expect that to continue. Breaking news now on the European Central bank. The ecb is in favor of keeping the cap on greek banks on hold. We know that stands just under 90 billion bureaus euros. The Greek Central Bank asked for an increase of one and a half billion eurps. Euros. The bank of greece spokesperson has declined to comment. We are waiting on this final line. There was no reaction there. Lets get the one of our top corporate stories. Netflix is the topperforming stop. What a barnstormers has been. It starts at another 10 . After posting Stronger Internat