Do their own thing. The s p 500 up 0. 1 , the dow up 0. 2 , and the nasdaq down more than 0. 1 . Its high. Ff a little strengthening, and we now. T 7. 1612 spread atnbund 1. 86 . We will be speaking to the European Commission budget commissioner a little later on in the later of in the 11 00 hour. We will definitely be i had be asking about the euro stimulus. Matt the equity indexes continuing to rally is really the story here. They are doing much better across the continent and in the u. S. We are still looking at 1 plus gains on the broader benchmark stoxx 600 index. We have a more than 1 gain on the cac 40. And thes injects stimulus injection each day, the storyline the first day with airlines. Then was autos. Then it was the rescue plan. Now we are seeing the luxury goods makers doing well. 3 ,methods up more than carrying up to. 3 . Investorscally like think people are going to go shopping organ shopping again, or continue to go shopping. The euro gaining a bit of ground, over 1.
By 10 , wiping 32 billion from the economy. Shery lets get you started with a quick check of how the markets are trading at the moment. We are seeing more gains for u. S. Futures, up 1 10 of 1 . This extending those gains after the regular session so i late rally in new york on monday. It is another big earnings week. We have more than 160 s p 500 Companies Reporting this week. Higher by0 was led energy, tech and utilities. We did see pressure from u. S. Airlines, that fell after Warren Buffett set after the weekend they have sold out. Wti that the moment, we are seeing more upside which is now above the 21 a barrel. We are seeing five sessions of gains. The highest in more than two weeks. Oklahoma, the key u. S. Storage hub closing last week. Trumps push to reopen state economies is clouding efforts to predict the potential toll from the coronavirus. Hes revised up his death projection to 100,000 across the country, a significant he number than previously thought. Emily wilkins is in
As china and america edge towards a deal. Also on the programme this is the man who is billions of dollars poorer after weworks dramatic fall from grace. Well assess how Masayoshi Son got it so wrong. Talking of offices is your workplace up to the job . Well get the inside track on the changing face of the workplace with a boss of a global architectural firm. So today we want to know are you happy with where you work . What are the benefits of your own space or an open plan environment . Let us know your thoughts. Just use the hashtag bbcworklife. A warm welcome to your friday edition of worklife. Today were focusing on the changing face of entertainment. And the force is with walt disney, the house of mouse, which has been expanding its empire and is about to enter the world of streaming. Money coming into disney or revenue was over 19 billion dollars up by more than a third on this time last year. It was boosted by its takeover of 21st century fox which now finally gives it all the r
Company could run out of cash next month. The week that was from the tech in the crosshairs from hong kongs prodemocracy demonstrations. Now visa, mastercard all valley got from facebooks cryptocurrency group. First, our top story. There has been a breakthrough in u. S. China trade talks. On friday, President Trump said we have come to a substantial phase one deal. Hes not part of the discussions, but what is not part is huawei. I want to bring in sarah mcgregor. What, talk to me broadly, did we learn about phase one of the deal today . Sarah what we do know about this deal which trump describes as substantial and a lot of people are parsing through the details the see if that is the case. Row we know is the Trump Administration has said they have reached agreement with intellectual property issues. There is a currency pact inside the agreement. There is going to be agricultural purchases, up to 30 billion from china over the next couple of years. Just a few of the aspects of it. This
Says it will conduct daily repo operations to stabilize the lending market joining us for the hour, jim le camp happy friday investors dont like it when trade delegations cut their trip short. They dont, but god we can buy chinese dog leashes now. Theyve allowed a lot of things to happen and theyre not accelerating things so we need to get beyond what theyre ta talking about, beyond the saber rattling and looking at the actions. We havent ramped up tear i haves in a while then you look at the Federal Reserve board and while a lot of people were disappointed on wednesday when they didnt do too much more than say were going to cut it a quarter of a point, didnt give us a lot to go on in the future, it was more dovish than people look like he set the table for Balance Sheet expansion and Balance Sheet expansion may not be qe, but they could be mistaken as twins at a party its about the same thing. So yeah. I think some of these things are comeing off the boil whether its trade, Federal Re