Crude down by 6 10 of 1 . Pretty weighty session. Itll waiting to see whether is a go away type trade. Latest to suspend guidance on a lack of charity and visibility. The s p is down two thirds of 1 . Obviously, stocks that are moving the most to the downside are the airlines after Warren Buffetts comments. You can see the Airline Index down 9 . That is weighing on the dow as well. The dollar index is a bright spot. It is continuing to strengthen. In theil is still 19 20 range. Guy absolutely. Lets talk a bit about what has been happening in europe. The latest manufacturing pmi data was horrible. As expected. Outputs, new orders, exports, sales, all full. Down to record rates. Coming from a ruling from germanys courts to the bond buying program. There is some good news. We are starting to see economic reopening spirit spain guy spain starting to relax its lockdowns. Lets talk about where things are going to go and what week we are likely to have here in europe. Callum, the data are rea
Justh to reopen california today taking smaller steps to ease its lockdown later this week. The first state to shut down its in our lets bring Bloomberg Markets reporter, taylor riggs. Why did tech outperform the rest today . Taylor a lot of the optimism new yorkn newsom, from governor andrew cuomo, seemed to turn that around in the final hour of trading. , all of theoned direction today. Fangs,daq along with the the peak out performers. Microsoft, amazon, apple leading those gains. Needp hearing that you that leadership for this rally. Emily Warren Buffett seemed to be driving a lot of the pessimism, saying he got out of airlines entirely. Walk us through how his remarks may have played out today. Since down the lowest september of 2013. Warren buffett said he would rather take losses in those positions. He said, the airline business, and i hope i am wrong, and i may be wrong, but it has changed in a major way. He said the future is much clearer to me. 137ew his cash pile to billion.
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