Recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate or economic outlook since the pandemic began. Investors have cheered the cut, the Dowjones Industrial The Dow Jones Industrial Average the Dowjones Industrial Average 500 rising to a new all time high. More from new york. Record high, a day after the Federal Reserve kicked off its easing cycle. The 500 Euros i. 7 easing cycle. The 500 Euros 1. 7 and extending this years gains 20 meanwhile, 500 points topping 42,000 For The First Time and the majority of Industry Groups close of the session higher and sharing outperformed as the Rate Cuts spurred investors to attend to a risk on Mood And Tesla gained 4 and more than 7 respectively in stocks traditionally tied to this also jumped in the giant industrial Home Depot also gains and better than expected to data adding to the optimism suggesting the Labour Market r
let us get down to business. we start with a fresh look at the banking sector and credit suisse in particular. early marketjitters in response to the ubs takeover of the swiss bank have eased. in asia today, most of the main stock markets are higher with japan closed for a public holiday. the major indices in europe and the united states also closed slightly up on monday. credit suisse is one of 30 crucially important banks in the global financial system and many fear its problems are an indicator of wider risks in the banking sector. so far this month, us and european banking stocks have fallen by 22% and 17% respectively, marking the biggest monthly falls since march 2020 when the covid pandemic hit the markets. here s michelle fleury with a look at how investors in new york responded. yes, there was guarded optimism on wall street following the shotgun marriage between ubs and credit grace that was hastily arranged by swiss authorities over the weekend. the dowjones indust
In the short term, as ben king reports. The recipes havent changed in 90 years in this Traditional Bakerin 90 years in this Traditional Baker in west sussex, but the cost of their ingredients has. Flour prices, meat prices, Energy Prices all up. The cost of fat has doubled. That has put the squeeze on profits, but the end is in sight. The end is in sight. Prices arent continuing the end is in sight. Prices arent continuing to the end is in sight. Prices i arent continuing to increase that much. They definitely arent coming down, that doesnt happen very often, but it does seem that things have plateaued a bit, and im pleased to see that the pressure could the next few months will pass on to our customers and employees as well, which will be great for everyone. Well, which will be great for everyone well, which will be great for eve one. ~ , everyone. And official figures are telling everyone. And official figures are telling the everyone. And official figures are telling the same everyo
here s michelle fleury with a look at how investors in new york responded. yes, there was guarded optimism on wall street following the shotgun marriage between ubs and credit grace that was hastily arranged by swiss authorities over the weekend. the dowjones industrial the dow jones industrial average jumped the dowjones industrial averagejumped more than the dowjones industrial average jumped more than 380 points, the snp 500 finished near nine tenths of a percentage point higher, while the tech heavy nasdaq index eked out a smaller game to finish up four tenths of a percent. bank stocks recoup some of their losses from last week s, the major exception was first republic bank who tumbled 47% on top of staggering falls last week. this is a report emerged that the ceo ofjp morgan chase was leading a new effort to try to stabilise the bank. the turmoil in the same banking over the last two weeks these are central bank in a pickle as it gets ready to
appreciate insulating their homes. we appreciate your time, thank you for being on the programme. well lets now look at stock markets, wall street ended the day in positive territory after a volatile trading session. the swings came ahead of a meeting of the us central bank and amid the warnings of a potential invasion in ukraine. in europe the ftse 100 fell by more than 2.6%, while exchanges in germany and france slid nearly 4%. here s michelle fleury with the details from new york. for investors it was a stomach turning start to the workweek, the dowjones industrial the dow jones industrial average the dowjones industrial average staged a stunning comeback stopping the us index was down 1000 points before it recovered all of its losses to finish the trading day up three tenths of a percent. the s&p 500 was also flat but not before briefly entering correction territory, that is wall street ausmat way of describing win prices fall by