Take a look, winning week better than 1 . Nasdaq turning positive for the year with gain on the session yesterday of 125 points, the dow industrials up 211 almost 1 and the s p yesterday 32 at 4 00 oclock on wall street. On the trade front top u. S. And china negotiators holding a call agreeing to implement phase 1 of the trade deal as and bombshell on Michael Flynn case. Justice department dropping the case against National Former adviser Michael Flynn after serious memo raised questions about the investigationment we have all the details. Boeing ceo David Calhoun, special guest live at 7 00 a. M. Eastern and look at Airline Industry and the latest of the still grounded 737 max fleet, mornings with maria is live right now. Global markets look like this. Take a look. Easing of trade tensions to the United States and china where the two sides agree to finish out the phase 1 deal, cac quarante 36, dax index up 88. German experts down nearly exports down nearly 12 on record. Best performe
Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earnings along with master card and ensurers anthem and humana, after the numbers attention to microsoft, facebook, tesla, markets are higher, take a look at futures, gain at the start of trading, dow futures right now showing a gain of 180 points, three quarters of 1 . S p is up 25 and nasdaq higher by 93. This after the dow, nasdaq and the s p 500 erased early gains yesterday to actually end lower. Dow industrials were down 32 points at 4 00 oclock on wall street yesterday and nasdaq down 122 and s
9 years of war in syria the 1st trial linked to a legit state sponsored torture begins. And muslims in turkey prepare for the holy month of ramadan with new restrictions in place. Starting this hour in germany where chancellor Angela Merkel has issued a call for Greater Unity in the fight against code 19 during a speech to Parliament Merkel emphasized both the need for International Cooperation cooperation and within the European Union itself she says success can only come if the bloc can fight the virus together with that in mind she called for a bigger budget and said germany was ready to pay significantly more to help with economic recovery thats. Prepared to meet later on thursday to discuss their economic response to the outbreak while in germany the rate of new infections and this is a concern it has risen for a 3rd day and merkel warned parliament there actually still nowhere near the end of the pandemic. New month with the government nobody likes to hear it but its the truth we
Conflict and war in syria the 1st trial linked to allege state sponsored torture has begun in germany. Ok lets begin this half hour in the states where figures released just over an hour ago now paint a devastating picture of the economy in one month and one week all of the jobs created since the end of the 2009 recession have gone theyve been wiped out here how the numbers are on packing last week another 4400000 americans filed for Unemployment Benefits thats fewer than the week before when more than 5300000. 00 registered for jobless support but the speed of the rise within those figures is unprecedented in all more than 26000000. 00 americans have now applied for Unemployment Benefits since the end of last month. Yes that was when the president mr trump made the 1st of his covert 19 outbreak declarations live now to Kimberly White house correspondent kimberly this is like the population of australia all losing their jobs in the space of a month. And its across all star sectors as w
Peak if and when it comes might even be worse than the 1st one what were going through at the moment. Lockdown measures have actually been pretty successful and what that success has meant is that you dont have the exposure to the virus in the Wider Population and therefore any immunity there is is probably quite low wish which means that it could come back with a vengeance later in the year and i think anglo merkel was was alluding to that she was basically saying that this is going to be a tough battle that you shouldnt just suddenly spring back to normal life in much the same way that chris witty in the u. K. Has been saying she was acknowledging though that this is essentially an infringement of Peoples Democratic rights that you have to be able to explain this clearly to people the reasons why these demands are being made of normal people across europe and only then can you make a map managed to keep the unity is to keep it going for the for the long. Standing at the moment victor