With a trade war truce near . President trump saying his upcoming meeting with president xi will work out for both countries. Stocks set to rally at the open new records within striking distance the s p closing out its best first half since 1998. And playing down the trade risks, nike delivering strong revenues in the Fourth Quarter, customers buying more sneakers and sports gear and china sales surging. First up, the markets. Stocks getting ready to wrap up a strong month the s p 500 on track for its best june since 1955 for the dow, best june since 1938 heading into the final session of the first half, all three major indices are up double digits year to date, led by the nasdaq with a 20 gain europe is higher this morning, hopes are building for g20. You hear superlatives like that, best june in decades, is that a bullish thing . I think it is net bullish the duration, the strength of the recovery, im looking at this on a ninemonth scale, okay the Fourth Quarter was one of the worst
Market cap year alone ed and while ways chip huaweis ship that used technology from two u. S. Manufacturers. Caroline a macro environment paints the picture of a Good Environment that is not so hot that the fed cannot pull back on rates. 6 10 percent higher on the nasdaq, a new record high for the nasdaq and s p 500. Yes, tech leads the charge and ai is the area of focus, but we cvs see the s p push higher. What else do we see it clips . The record we saw on bitcoin. We get a new number. 70,000 is where we managed to push up to, we are back down briefly, but this seems to have legs. Ed, what do you have going . Ed lets start with rivian a day two, feelgood vibe after it unveiled its are two. For me pausing plans for a new factory in georgia. Broadcom earnings, sales missed in the order, but their outlook for this fiscal year is saying that ai is going to contribute to growth early 5 . Theyd previously said 25 . These are the u. S. Chip makers that are implicated in this scoop from bloo
Meanwhile. Hes invisible. So ive got the latest from harry and meghans cosplay royal tour on my panel tonight, its daily express columnist Carole Malone, former labour mp bill rammell and political commentator suzanne evans. Oh, and eurovision really was the stuff of nightmares. The world has spoken. The queers are coming. Queers are coming. Strap yourselves in. Lets do this. Your millions wasted on bbc bailiffs. Next. Bailiffs. Next. Ben. Thank you. Im Tamsin Roberts in the gb newsroom. Here are the top stories. Rishi sunak has warned that giving sir keir starmer the keys to number 10 would leave the country less safe. The labour leader rejected the Prime Ministers claim, saying that as a former director of Public Prosecutions, he knows the importance of Security First hand. But rishi sunak says only the conservatives have bold ideas for the future. Despite having 14 years with nothing to do but think about the future , labour have almost the future, labour have almost nothing to say
Groups. Also tonight. Should uk universities call in the police to break up gaza protest camps. 7 meanwhile. Hes invisible. So meanwhile. Hes invisible. So ive got the latest from harry and meghans cosplay royal tour on my panel tonight, its daily express columnist Carole Malone, former labour mp bill rammell and political commentator suzanne evans. Oh, and eurovision really was the stuff of nightmares. The world has spoken. The queers are coming. Queers are coming. Strap yourselves in. Lets do this. Your millions wasted on bbc bailiffs. Next. Bailiffs. Next. Ben. Thank you. Im Tamsin Roberts in the gb newsroom. Here are the top stories. Rishi sunak has warned that giving sir keir starmer the keys to number 10 would leave the country less safe. The labour leader rejected the Prime Ministers claim, saying that as a former director of Public Prosecutions, he knows the importance of Security First hand. But rishi sunak says only the conservatives have bold ideas for the future. Despite ha
Here for the Hong Kong Market but not really coming through with the hang seng now down and we saw the whole region on the downside. Lets take a look at futures in the overall benchmark. Msci down three quarters of 1 and other future suggesting positivity. Things can markedly change. Yvonne so much on tap. Not just news flow but also u. S. Earnings, earnings for the region. Massive data dumps in china so certainly a lot at risk. Taking a look at oil markets, commodity prices, a flight to safety. Youre seeing that on friday. Not so much today. Look at the yield curve, treasuries are higher. Recovering from the drop of 10 basis points. Rishaad the yield can just move down and a curve steepening play going to make a comeback, thats the feeling. We have the fed at the forefront. Trying to pivot away from this layer of hawkishness suggesting that Interest Rates may not move but certain bits of data did contradict that. But of course weve seen volatility in the bond market continuing as well