Proposal we could see volatility on the wu witching day options is tote expire 59 minutes left of the session were down 1. 2 on the s p 500 coming up on todays show, well discuss the massive week for the ipo market including debuts of snowflake and Unity Software with Stacey Cunningham. And Jeremy Siegel will weigh in on another volatile week third day in a row down for the s p 500. Six week lows here what he makes of the selloff lets get straight to the big stories were watching though in this final hour of trade mike santoli tracking the Market Action Steve Liesman with fresh comments and joining us to talk about the latest on tiktok and wechat and what means for tech, Big Technology mike, start us off here with a selloff in the broader market. Weve been spending a lot of time at the lower end of this recent range maybe a little too much time down there for the comfort of the bulls. This is a relatively routine pullback for now 3300 or. So we hit that a few times you go back a week w
Administration is taking more action to further the same goal. Protecting the American People. The effort to restore virtually sanctions on the republic of iraq iran, pursuant to resolution 2231, the Trump Administration has always been honest about what the Iranian Regime really is, a radical revolutionary and the worlds leading state sponsor of terror and antisemitism. President trump understood that it was an abject failure and it didnt ring iran into the community of nations or blocked their path to a Nuclear Weapon. It was instead an exercise in appeasement, giving billions and paving the way for them to become the arms dealer of choice for terrorist groups and dictators across the world in just five short years. Just imagine what they would do if they were able to freely Purchase Advanced weapons. We have no intention of letting that happen. The president s executive order today gives us a new and powerful tool to enforce the arms embargo and hold those that seek to have u. N. Sa
Britains lockdown. European stocks follow asiasing Economic Activity around the world with basic resources leading the way. Car sales in china rise for the first time in nearly two years and a sharp uturn from the 43 drop the month prior sno the german consumer good sees demand for cleaning products jump in the First Quarter but sales of shampoos and adhesives fall. 2. 2 billion deal to sell its business in the philippines is blocked by the local regulator. Good morning pe with seen green march back to the european boards as we begin a brandnew trading week what weve got across the board is reaction to gradual reopening of some economies in europe. Although there is a little more caution than weve seen in some countries like germany, south korea and china, wuhan directly, where the reemergence from lockdown has meant a spike in interest rate. The benchmark stoxx 600 rise of 0. 40, drifting off higher ranges with countries like spain not holding onto some initial green, and france track
He weighs in on the trade war but says the group is extremely wellpositioned despite the risk. If we are not forced to do deals, we have a good strategy. Years, wehe latch you are wellpositioned to capture organic opportunities. Of course, if we have an opportunity to evaluate nonorganic options, we will, but it is not something we are forced to do. Nejra defense undercut. Gordon sondland says President Trump demanded a quid pro quo from ukraines new president as he implicates senior officials in the administration. Welcome to bloomberg daybreak europe. Breaking numbers coming through on the bloomberg. The event headlined is that is proposing suspending his 20182019 dividend. That is the main thing to look at. Fullyear adjusted ebitda comes in at 802 million euros. A little soft on the fullyear adjusted two number. 42 billionevenue at euros. Estimate, 41. 6. That comes in slightly better than expected. The strategy was key for investors as the industrial giant reports these numbers tod
Only responsible course and accelerate our cooperations. A stark out look from Texas Instruments chips away the tech bill lowers profit for the year blaming the u. S. china trade war. Abb falls higher. The Swiss Industrial Group warns of deeper conditions in u. S. And china. A taste for heineken following a week performance in the americas good morning. Welcome to street signs. Getting an early check about one hour into the trading this morning. No doubt on back of the weakness we are seeing in sterling. A lot of Political Developments well get to not least how the eu will respond and what type of extension well be looking at. Thats squarely the focus in the uk you can imagine on the day when the pound is trading softer. Cac down and italian index down too. In europe, the discussion is not only about brexit but also about the italian budget proposal. Taking you to some individual stories too as we get to the heart of the earnings season starting with chip makers, they are all trading l