On a good trajectory, so they can look past individual pieces of data to move forward. Thats broadly a better approach than just responding to every bump and wiggle in the data. I got news this mess and i will get us out of it says uk Prime Minister theresa may as she prepares to meet dup leader Arlene Foster in a bid to secure her parliamentary majority good morning it is tuesday, lets have a look at the stoxx 600 this morning. We are broadly higher to the tune of half of a percent. Merely shrugging off some of the renewed declines in tech stocks. All sectors in the green apart from telecoms. Yesterday the stoxx 600 European Equity market was down by 1 tech was the drag, pretty much mirroring what happened on the nasdaq most of the sectors are in the green. And youll see that all of them are now in the green technology, banks and real estate leading tech stocks up by 1. 2 yesterday we saw some apple suppliers falling and food and beverages telecoms, some of the relative underperformer
Program walks on two legs, the leg of policies and the legs of debt sustainability. Autos power ahead at the open after european car sales get back into gear with a near 8 rise in may, while the steam comes out of the tech selloff. Nestle loses its sweet tooth as it looks to sell 900 million u. S. Confectionary business in a potentially significant effort to focus on its health strategy, sending the shares higher. Uk chancellor Philip Hammond is arriving in luxembourg. Lets get out to willem. Thats our main dominating theme today, it will remain so over the weekend as bodies are recovered, we start to get a sense of the scale of the tragedy. My presence here today is a sign of other continued engagement with the European Union while were members of the union, its a sign of our commitment to being close partners with the European Union after we left and i can confirm that as we enter negotiations next week, we will do so in a spirit of sincere cooperation, taking a pragmatic approach tr
Dont think have changed that much well discuss on street signs. Brent crude dipping below 45 a barrel for the first time this year, dragging on European Energy stocks. The healthcare sector bucking the negative trend as a surprise outcome of the heart drug trial gives novartis a shot in the arm allties raises almost 2 billion in its u. S. Ipo making it the second largest american offering after snap of the year. And rare good news for the uk Prime Minister theresa may as she prepares to meet with eu counterparts Northern Irelands dup says there is a good chance of a deal happening with the tories by next week. Its a down beat European Equitymarket were looking at following on from actually, i didnt think the u. S. Session was that bad the nasdaq moving to the upside as all that negative feeling around tech kind of dissipated somewhat and people looking on the down side to the oil price, which is in some cases dictating some sectors movement. As i say the nasdaq saw a very strong counte
Its a good start says Angela Merkel of theresa mays plan to guarantee the rights for eu citizens living in britain, if the favor is returned by the continent. But Jeanclaude Juncker doesnt seem so convinced. I want to reassure all those eu citizens in the uk who made their lives and homes in the uk that no one will have to leave we wont be seeing families split apart. This is a fair and serious offer. Has theresa may stepped in the right direction . Its a step but the step is not sufficient the Irish Government hailes the success of aibs ipo as a milestone, after the bank raises 3 billion euros spurring a rally across the sector. Chinas csi index closes up over 3 despite the jitters around wanda and fosun amid reports chinas regulator warned of their Systemic Risk its a clean bill of health for americas banks. All major lenders passing the federal reserves latest stress test raising the prospect of a pick up in payouts to shareholders fabulous to see you this friday we have a tired loo
Shares of nestle open higher after the swiss food giant launches a 20 billion Share Buyback and says it will focus on capital spending, just days after third points dan loeb pressured the firm to shake up its structure. Maersk shuts down a number of systems after hackers strike in another largescale cyberattack targeting the shipping giant and several other corporations and government institutions across europe and the world. Good morning its wednesday, im glad to be back in the seat hope you enjoy the show today. We have a jam packed show for you. Lets kick things off with a look at the heat map the stoxx 600 is down by 0. 8 . A lot of weakness extending yesterdays losses the stoxx 600 at this point is at the lowest level in two months we saw tech stocks underperforming in the u. S. And a similar thing is happening in europe this is also on the back of the renewed cyberattack. Well spend more time talking about that during the show oil and gas also underperforming given that prices ha