Week as traders rotated in and out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at johnson johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even g
The stoxx 600 up by 0. 7 . It has not given up gains of yesterday. The ibex continues to outperform. It has been one of the most beaten up during the covid crisis. The s p is down by 0. 8 percent. Crude is still up, trading at 42. 82. This demand expectation goes handinhand with the travel story, but crude stocks in europe are some of the best performers. Oil certainly gaining on a number of fronts. We continue to see what is happening in the bond market, and we watch this very carefully. I think the german bond market increasingly, certainly over the last day or so, feeling like it has been driven by what is happening in treasuries. Treasuries moving up to that 1 mark, having an effect on what is happening in germany. Interest overwith the next few days. It is only tuesday. Alix thanks for that. It was an ugly close yesterday for the u. S. As guy was mentioning, eu negotiators reaching a deal on the longterm budget, expected to add about 2 to the eus economic output in the coming year
Week as traders rotated in and out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at johnson johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even g
Week as traders rotated in and out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at johnson johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even g
Out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at Johnson Johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even got some good news from pfizer.