Giving a lot of insight well be bringing you results apple, amazon, alphabet and facebook all report their earnings coincidence those four Companies Make up about 16 of the s p 500. Worth about 5 trillion combined and come a day after the heated antitrust hearing. Wolf, this is a good read in for you. For sure. There was meant to be three of those. Facebook got moved from yesterday to today after that hearing. After the close, we are waiting for two economic reports it is thursday, that means weekly jobless claims. Another 1. 4 million filed for the first time last week the first read on Second Quarter gdp. The economy likely contracted by 34. 7 . Both jobless and gdp due at 8 30 eastern time you look at those numbers down 34. 7 from the estimate we know it, weve been hearing from companies and what has been happening. Thats a lot of news to digest ahead of all of these reports. You are watching futures under a little pressure. Lets look at where things stand now. Dow down 206 points,
Holiday makers a used to but one that complies with new social distancing rules we hope these barriers wont be the future for beaches we dont want this but if this is necessary and if People Safety depends on this sort of device then so be it we just want to work we want to get going in march borders in the European Union was shot and he all travelled stopped because the coronavirus pandemic a huge blow to the Tourism Industry one of the blokes main economic sectors was some countries begin to ease the lockdowns the European Commission has presented a rescue plan for the Tourism Industry its recommending foul choose instead of refunds for Council Travel sanitary measures for hospitality and transport services and the reopening of some borders of course this is not going to be a normal summer not for any of us. But when we all Work Together and we all do our part in the ways the commission is setting out today then we dont have to face a summer shock at home or a completely lost summer
A Maternity Hospital and funeral which stretched into one rival of the deal with the taliban. The thank you for joining us the European Union is urging Member States to start reopening their borders to help revive the continents summer tourist season and battered economy france austria and switzerland say that theyll start relaxing their Coronavirus Closures as early as this weekend germany and some other e. U. States will open their borders by june the 50 s. Others though are not convinced spain which has the worlds 5th highest death toll plans to keep its borders shop until at least july thousands of people in england meanwhile have gone back to work for the 1st time in 7 weeks but leaders in scotland wales and Northern Ireland say its too early to relax restrictions and china has placed a 2nd city under lockdown this week after a cluster of more than 20 cases were discovered in jean well the European Unions a Summer Holiday season is worth 160000000000. 00 with tourism providing 150
A drive to test everyone in brooklyn and more people confirmed dead following the attacks on a Maternity Hospital and fuel in afghanistan. The European Union is urging Member States to start reopening their borders to help revive the continents summer tourist season and the battered economy the european Summer Holiday season is worth 160000000000. 00 with tourism providing 15000000 jobs in the e. U. Says the industry is at risk of collapse unless urgent measures are taken the reports from paris. A glimpse of war going on a holiday in some parts of europe will look like this summer barriers separating sun loungers on the greek island of santorini not the beach experience that most holiday makers a used to but one that complies with new social distancing rules we hope these barriers wont be the future for beaches we dont want this but if this is necessary and if People Safety depends on this sort of device then so be it we just want to work we want to get going in march borders in the Eu
Cimarusti later on, chef and owner of providence l. A. First, lets take a look at markets. We are down but all of our lows. The s p 500 off by half a percent. The nasdaq is actually up by half a percent. Airlines are the movers as Warren Buffett says he has sold out of all of the four airlines that he has stakese. Lets get a deeper dive into the market with taylor riggs. Track for itsp on Third Straight day of losses. At bank ofrates team america said typically you would not advise investors to follow that seasonality, but it fundamentals match, it could fade that risk rally. Big tech is that they got performer today, led in part by the three trillion dollar companies, microsoft, amazon, apple. Airline serving after Warren Buffett sold his stakes. On a forward pe basis, multiples look higher again. As the denominator of that ratio collapses, investors are rushing into bonds. You can see that inverted yield. You get a sense money is being put back to work in the equity and bond space. Y