Face, quote public and private pain after choosing to exclude huawei from the roll out the treasury surges and jamie dimon says the future path is uncertain. We dont know we are very clear, i think, you will have a much more difficult economic environment Going Forward than you had in may and june good morning. Welcome to street signs. I want to take you to some of the market action. As we opened up, we were very strong very little in the way of red ink. More moving on to the charts, it has been an interesting section as we we up the potential for another vaccine for the coronavirus very mixed reports from profit hit of covid19 and the lockdowns and some of the outcome it has been a mixed bag as we rake through the earnings from telecommunication and luxury weve seen a lot of provisioning this morning, trading higher by three quarters of a perfect. You can see how it translates across the core markets. The ftse in the uk is. 8 in the green. Decent outpacing german stocks today. Weve gi
Morgan stanleys lead biotech analyst is here on this thursday, may 21 you are watching here on cnbc. Good morning, good afternoon, good evening and welcome where you may be watching thank you for starting your thursday with us here is how the Global Markets are getting through their week the dow indicated down over 100 points i wouldnt buy too much into it. It has been a very volatile week we were up big plus 900 points on monday. Up fairly big, up solidly yesterday as well. Could be a topsy turvy week. The dow is up nearly 4 just this week. The s p 500 is at the highest level since march 6. Some big news in the bond market the option of 20year bonds that raised 50 billion why is that news we have not sold as a nation 20year bonds since back in 1986 also a bunch of single stock stories we need to Pay Attention to on thursday taketwo interactive a little lower this morning. Everyone apparently staying home playing video games. Just off the alltime high stock two, expedia, a little highe
Die after spending months adrift on a boat. Battling poverty and decades of repression we look at how one Indigenous Community in canada is no working to prevent the fire spreading. And on santa hamas has support around the world continues to take a big financial hit u. S. Soccer federation asked me no 4th deployment of the knows its Youth Development academy having a World Champion at womens team. The covered 1000. 00 pandemic has left no country touched and its having widespread ramifications not just in health but in politics and diplomacy to china which was the initial epicenter of the outbreak has once again strongly. Decides the u. S. President s decision to cut funding to the World Health Organization state media is calling it a move against humanity that affects every country by the International Monetary fund says the crisis will cause asias economy to stall at 0 percent for the 1st time in 16 years it says the outbreak has taken an unprecedented toll on the region trump donal
New expectations about how long the covid19 crisis may last given President Trumps comments yesterday along with anthony faucis. Well talk about that in a little bit take a look at treasury yields this morning lets show you where the tenyear note stands right about now. Youre looking at 0. 367. The story we probably tonight talk enough about these days, lets show you crude prices because they fell sharply overnight. Wti crude now trading at 20. 53 if that was the only story around, youd think that would have a huge impact on markets unto themselves. Meantime, an update on the outbreak cases confirmed in the u. S. Now topping 143,000, 2,500 deaths. New york is the epicenter right now with nearly 60,000 cases in the state. Another 13,000 cases in neighboring new jersey in new york city, construction is under way to build an Emergency Hospital this taking place inside central park right across the street from mt. Sinai workers from the organization samaritans purse has begun constructing
Records another Strong Performance in the latest round of the Us Democratic Party President ial primaries we look at how establishments by uber it does appear to be the chosen one despite some embarrassing moment. Good evening at 6 oclock here in moscow youre watching r. T. International now a high profile right wing german politician appears to be the latest fiction victim of Violent Attacks on law makers in the country nicholas fest from the alternative for Germany Party had his car destroyed by arson in berlin peter all of a report on the worrying trend. This street is the scene of what is potentially the latest in a growing number of politically motivated crime scene germany this time its all the car politician nicholas 1st go up and. Flames last night a car caught fire in charlotte and bork the firefighters extinguished the blaze but could not save the car because of the suspicion of a possible political motivation we are handing the investigation over to a specialist unit yesterd