Is your Business Model for us in berlin welcome to global stocks are seeing a slight rebound from mondays brutal trading sessions coronavirus and the steep drop in oil prices durham a big concerns for investors but there are signs that some are reconsidering just how concerned they should be or prices were up by roughly 4 percent on tuesday to put that into perspective that follows mondays 30 percent plunge in prices due to a dispute between all producing nations stock markets in asia also all steadied on tuesday saying in hong kong the Shanghai Exchange in china and the nikkei in tokyo all closing with gains expectations that the u. S. Federal reserve might cut Interest Rates again help fuel that positive sentiment and that optimism extended to the opening of european markets where both germanys dax index and londons footsie both started with gains now help explain the recovery and discuss what might lie ahead and joined by our financial correspondent Chelsea Delaney in frankfurt and
Will the tesla turnaround continue . And price targets for apple raised to 300 per share. Rbc and bank of america. We will discuss the optimism of iphone sales in the holiday quarter. But first, to our top stories. A u. S. Air strike that killed one of irans top military officials. In the wake of the attack, the director of the u. S. Cybersecurity and infrastructure security agency, heeded warning urging the public to brush up on iranian tactics in order to Pay Attention to critical systems. To discuss, we are joined from boulder colorado by tom telemann and in studio bloomberg reporter. Want to start with you. Thank you for joining us. I often read that iran will respond to our sanctions and sometimes it has been the in and increasingly, it looks like it is cybersecurity. Do you see increasing Cyber Security threats as you have been covering them . I think there has been persistent threats. I think most organizations are constantly being bombarded by iranian actors, russian actors, ch
United auto workers president is sidelined amid his own federal investigation just days after settling that gm strike. It is monday, november 4th and Worldwide Exchange begins right now. Good monday morning im ndomini chu if for Brian Sullivan. Mcdonalds has fired Ceo Steve Easterbrook. Those shares down 2. 5 at this stage in the early extended trading session. Now despite the drop in mcdonalds shares, futures are still higher this morning. If you take a look at the picture overall, the nasdaq up by 38, dow 85. The s p hit a record high on friday treasury yields again a certain big focus for investors these days look at the tenyear note yield ticking slightly higher, 1. 75 the last trade there, twoyear note yields 1. R8 as well markets in japan were closed for culture day. Look at the overall picture and its green across the board. A half percent gain for the shanghai the hang sang up 1. 75 the asian side of things very much in the green. European trading is exactly what were seeing th
A very few responded was rocks and the other candidates have been going back and forth on trying to protect themselves here because theyre supposed to be a march to call for the resignation of president saddam stamping out all these people were hurt that was really. Having. Protesters were angry that they could not express their constitutional right to demonstrate bend over a couple of additional going before i came here today with my daughters to protest peacefully for all of our rights because enough is enough the rich take everything in every day were worse off and worse all. Others say president needs to be punished yeah hes a quasi well like all the other president s and he needs to be impeached. That is highly unlikely to happen since at least part of the opposition says it wont support a congressional impeachment bid. To get us says hes listening to chileans demands and while he may be the obvious target of these protests. Math most concede that changing the president is far les
Because something looks like it is. That will be deemed a victory. Do you share that . I agree. Even a mini victory will be great for the markets. That is priced in. People are so nervous about a trade war. Businesses and consumers are holding back investing cash right now. 3 trillion sitting in money market fund, the highest in history. People are still neil 3 trillion in money market . Correct. Neil like money under the mattress. That has to be put to work. Money going to put to work. If you get uncertainty lifted that is a whole lot of money going into the markets to lift it higher. Neil the old story of lore, markets in this anticipation might sell on the fact. Where do you think this goes . Certainly this has been an ongoing drama for two years now. Weve seen this movie before. Expectations run high. Then they get dashed. I do think there is some momentum here for at least a truce. Certainly in chinas interest to buy some ago products from the u. S. They have the african swine flu