Not good enough, eu leaders are set to say no breakthrough in brexit talks. Boris johnsons thursday deadline for walking away approaches. Bank earnings turned sour, jp morgan and citigroup slide despite posting betterthanexpected trading revenues. Bank of america and Goldman Sachs are among firms reporting today. Clinical complications, eli lilly becomes the latest company to pause its covid19 drug trial. We will bring you our interview with rival Johnson Johnson. One hour until the start of cash equity trading across europe. Thats look at what is going on in terms of futures. We are seeing gains and European Equity Index Futures even after live trade. An you can see ftse futures up 0. 3 , and euro stocks and dax futures little changed. In terms of u. S. Futures, you can see on s p and Dow Jones Futures slight gains, a little more on s p. Nasdaq futures up 0. 3 . Anna, you have earnings out. Anna lets get the closing details, the business talking about the year but remaining cautious o
Uncertainty with progress with autos and services leading the declines finlands 10year bond yield jumps into positive territory. Risen the most since President Trumps election good morning and welcome to the show shares in richemont are deep in the read double digit revenue declines. The key market in hong kong overshadowed by the u. S. This is in contrast with other results. Talking about the likes of lvmh. Hermes is still slightly positive swatch down about 1 Christian Dior down about a quarter. So not immune, but you can see they are standing out today. I want to bring in our guest to discuss this in a little more detail last week, we were talking about the resilience of these luxury groups particularly lvmh and hermes not the case for richemont why is that . They have an average of 5 in hong kong while richemont has 10 . The departments that perform most are leather goods, jewelry and in part jewelry and watches. We see jewelry that is more resilient. Lets talk about hong kong expo
Down about 118 points, nasdaq opening down about 117 points. S p 500 off by 16 points right now. Take a look at treasury yields. The 10year at. 93. The 2year at 2. 863. And crypto prices. Weve been talking about crypto quite a bit these days. Up about 4 this morning. Its crazy. And take a look at ether etf. Thats surging too meantime apple is canceling its electric vehicle product. That thats accordinging to those that know. Many employees will be shifted to the Artificial Intelligence division. Apples ceo apple and ceo tim cook have never acknowledged the electric car publicly but referred to working on e autonomous systems. Theyve never been open about this but are now scrapping it. People are looking at it as a major failure. I dont look at it that way. I think what was happening is there was an internal battle inside apple whether to even go this route and i think tim cook was always on the fence. You mean a failure for evs, not just apple. I think the failure of evs right now has
to vivienne westwood. the british designer who was a key figure in the rebellious punk movement of the 1970s has died aged 81. hello and welcome to bbc news. tributes are being paid to the brazilian football legend pele widely regarded as the greatest player of all time who has died at the age of 82. during his two decades on the pitch, pele scored a world record of more than 1,200 goals in around 1,300 appearances and became the only player to win the world cup three times. tributes have been pouring in from around the world. french star kylian mbappe also described pele as the king of football , adding his legacy will never be forgotten . and former president barack 0bama said. this report from simonjones. a sporting icon who made football beautiful. described by the brazilian football confederation as the greatest sportsperson of all time. he burst onto the international stage at the world cup in 1958, when he wasjust 17. he scored six goals in four matches. he
Now, and on this earth day, a special three buys and a maybe esg edition. The acronym may be divisive, but the returns our guest sees for these names may make you a buyer, but we begin with todays markets and bob pisani at the New York Stock Exchange. Hey, bob. Hello, tyler. We are essentially at the highs for the day and its been a good day, two to one advancing to declining stocks and yields are stable and thats a big help to the markets and lets take a look at the major indices and the s p 500 a fairly narrow trading range and just at the highs of the day and the dow industrials with a 200point trading range and the high point was right at the open and we had a midmorning slump and we recovered. Same with the nasdaq, started positive and went negative and now we see up 0. 6 . The important movers to watch are the semiconductors and see if were getting a bounce and thats exactly whats happening and nvidia was 900 six trading sessions ago and the horrible close on friday and you see t