Hate money. Fans around the planet of spam and. Only. Because we love football. To go off on you tube joining us. The worlds biggest economy is creating jobs again as pandemic shutdowns are easing the u. S. Unemployment surprisingly drops many raising hopes the economy could recover from the coronavirus prices sooner than expected also from the International Monetary fund warns the pandemic could push emerging economies back several years in their development and british luxury carmaker bentley says alecks nearly one quarter of the workforce facing the double. Lenna of any virus been damaged and a potential no deal braxtons. Congress over in the land welcome to the program more than 42000000 people in the United States have lost their job in the corona cotto no virus crisis so far but recent figures indicate the worst could be over as the Unemployment Rate in the u. S. Is falling the bureau of labor statistics says the jobless rate fell to 13. 3 percent last month 2 and a half 1000000
In the german language head nodding off this keeps me and they go but you need me to entrap lets say you want to do their story lets her fighting and reliable information for margaret. The from. The worlds biggest economy it is creating jobs again as pandemic shutdowns are easing the u. S. Unemployment surprisingly drops in may raising hopes the economy could recover from the Coronavirus Crisis sooner than expected also coming up the International Monetary fund warns the pandemic could push emerging economies back several years in their development and british luxury carmaker bentley says of legs nearly one quarter of the workforce facing the doubled. Of 8 fires been damaged and they could potentially no deal braxtons. Im just over in the land welcome to the program more than 42000000 people in the United States have lost their job in the corona write code or not virus crisis so far but recent figures indicate the worst could be over as the Unemployment Rate in the u. S. Is falling the
Than many expect weve got an exclusive with volvo ceo. It is june 3 here on Worldwide Exchange on cnbc. Good morning. Welcome from wherever you may be watching thank you for starting orphanishing your day with us. Economic optimism is in the drivers seat now to kick off this wednesday much the market is doing what they do. They look months down the road and seeing Better Things ahead economically and socially. Stock futures up dow futures up 145 major averages are up near 40 , the s p up 30 nasdaq up 40 at its highest level since january. As far as driving and extending the output cut brent crude over 40 for the first time in more than 90 days a similar story around the world. Stocks are higher in every asian market china, hong kong also higher look at the european markets germany continuing the german dax index is up 12 in a month you can complain all you want about what is going on in the United States, Global Markets are acting the same way. Lets get more now on the protests around
To chancellor merkel set repair a second round of stimulus up to 100 billion euros. Friendship bars and restaurants reopen. The reopening narrative gaining momentum, but that is not what markets are focused on. It is the increasing tensions between the u. S. And china dominating. When President Trump talked about holding a News Conference about a possible response to china, perhaps retaliation if you will, we saw the u. S. Architect take a hit. We dont have a timing for the News Conference but we have read on the screen in asia, and terms of futures, reacting to u. S. Futures. European futures even more so but perhaps playing a bit of catchup. The 10 year yield is slipping. The yen is strengthening. Oil trimming its biggest monthly advance on record, being swept up in the broader negative sentiment. President donald trump said he will announce you new policies in china. It follows beijings attempt to impose security measures in hong kong. This has further exacerbated tensions between t
Year, we really dont know and then the vision fund has a record decline, as the tech bets go bad. And then buying the rumor. The shares rally on reports over the sale of its steel business sending its stock at the top of the tracks its like getting the green light to buy from the Italian Government for a 6. 3 billion credit line. And ryan air says it will have to deeply discount fares to attract passengers back in the air. The ceo says they are making this stuff up as they go along, and the reality is, face mask. You reduce the transmission by 98. 5 . Happy monday, everybody, and welcome to street signs. Last week the stock 600 dropped about 3. 8 but this morning we are seeing investors putting money back to work in particular in cyclical markets. Altogether the stock 600 rebounding more than 2 . Really recouping last weeks losses we are reopening Major Economies around the world and investors are perhaps cheering that in terms of what is in demand and shrugging off the bullish ideas,