Concerned about the move. Airbus against the biggest restructuring in its history. It will cut 15,000 jobs with the majority impacting the main bases of germany and france. 6 00 a. M. A manus in london, 7 00 a. M. In paris, and 9 00 a. M. In dubai. It is the three fs for friday, the fed, the fact she warning, and i thought i would throw in fedex because it is a nice triptych. I want to focus on the fed. Spirit toimbue a new the yield curve control narrative . Open interest in the bond market is the equivalent of 36 billion. The bond boys and girls are locked and loaded for yield curve control conundrum. Good morning. Nejra good morning. We are certainly seeing signs as you point to have that yield curve control trade alive and well in the bond markets. If we look at equities, i mean, best quarter for u. S. Equities since 1998, manus, and it is interesting because if we look ahead and think about where we go next, you can see the profit forecasts taking higher and some saying that will
Theyre all moving lower put on the positive side, a report that china will accelerate agriculture purchases from the u. S. Which could deescalate some trade tensions and were set for a particularly volatile final hour of trade this is the s p 500s first major options and futures rebalancing day of the year. We have 59 minutes left. Were down just over. 5 sara coming up on todays show, pressure mounting on apple over the treatment of App Developers weeshgs going to speak with Roger Mcnamee ahead of the Developers Conference plus, david kenny holds not only the companys ceo title but also the chief diversity officer. Hell discuss neilsens recognition of juneteenth and how they can push for more diversity in the workforce and can figure out a way to measure it as well lets get straight to the market another volatile session to close out the week on wall street one that is headed for another upweek mike santoli is tracking the down action weve seen this afternoon. Yeah. A little fatigue th
A surge and beatings Emotional Abuse and Sexual Violence against children due to the very measures intended to protect them. Plus the match that could decide the seasons bundesliga race the leagues top 2 clubs fire and you can proceed dark and clash tonight between your preview. The ad. Im sumi so much going to thank you for joining us it has been touted by u. S. President on a tramp and brazil jarboe scenario as a potential cure for the corona virus but evidence has been mounting that antimalarial drug hydroxy chloroquine isnt effective and might even be dangerous now the Uns World Health Organization has paused its trial of the truck it cited a major study published last week which found that hydroxy clarke when could lead. 2 arrhythmias of normal heart beats and worse than covert patients survival chances now the w. H. O. Had already expressed skepticism about hydroxy chloroquine now it is announced it will stop its own trial of the drug while it further reviews drug safety. Were ju
Expects a renewed down turn. And with the big swings in the market, weve seen the vix, the volatility fear gauge above 53 59 minutes left in another volatile week. We have great guests david giroux from t. Rowe price. And shares of wind ham hotels Geoff Ballotti will join us. Lets get to the market now and another up and down session for stocks after yesterdays massive drop mike, you may be coanchoring to day. Youre not off the hook. We need your charts and your dash boards. Walk us through the action what happened . I wouldnt have it any other way, of course heres a one year, the s p 500, that selloff yesterday was a little bit destabilizing, it seems for the tape it didnt punk tour the air that this rally is inpenetratable it did hold today. Back down around the 3,000 mark. Theyre fighting it around that level. I did highlight this zone in here a lot of this area is still in normal pullback zone the rhythms of the market seem like theyre a little upset by yesterdays pullback you ment
Reflecting what is going on on andstreets of hong kong among chinas npc members. The s p down. 1 . Its been a pretty good week. Nymex crude Oil Futures Contract is down to finish the week. Under 33 a barrel. The dollar index is strengthening, a weaker euro, as well as canadian dollar. Lets get a deeper dive into todays Market Action standing by with taylor riggs. Taylor equities coming off the bottom we had seen earlier. Now you have the nasdaq and nasdaq 100 in the positive, resuming the leadership we had seen there. Only up about. 2 . Still notable that it turned positive. Meanwhile, all the other major averages looking at losses. You mentioned some of the trade tensions that are happening between the u. S. And china. There was a new security law that some are saying could take away a lot of rights from hong kong, as well, the u. S. Passing a bill in the senate that could delist Chinese Companies listed here in the u. S. If they dont follow accounting rules. U. S. And china stocks wo