A stimulus plan to offset the pandemic and another big week for earnings. Results from sap as europes largest tech companys speak year ceo speaks with us and ryanairs cfo. Speaking of ryanair, weve got numbers coming through from the airline. Tax, quarter loss after 185. 1 Million Euros. The estimated loss was 276. 9. That is a smaller firstquarter loss after tax than was expected. What we are hearing from ryanair in terms of commentary is the biggest fear is the virus second wave and fears are already swirling around that in terms of the news over the weekend with u. K. Imposing quarantine from spain. We will no doubt get comments from my ryanair. Losses are mounting. Basically, First Quarter customers, zero point 5 million versus 41. 9 million, the estimate was 96 , theor, 61 versus estimate was 57. 8 but the main number to look at is the first and basically ryanair said it will continue losing money through the summer. It is concerned a second wave could push back to recovery into n
The eu needs to combine aid with reform in a message to the frugal four. Welcome to daybreak europe. What a turnaround we are seeing in chinese equities. We are still looking to eke out a weekly gain. You are seeing some weakness come through on the csi 300 on on the warning signs. Futures, we are set up a little bit negatively there as well. Featuresk 60 fit 50 the 10 year treasury yield slipping as well and oil pulling back as well. It is heading for a weekly loss. The u. S. Has reached another troubling milestone in the coronavirus pandemic as daily cases topped 60,000 for the first time as the World Health Organization says it is keeping an open mind as to whether airborne transmission plays a major role. Good news in labor market data. Jobless claims fell by the most in a month so there is they are still the they are still double the highest level. Joining us now is geoffrey yu. Thank you for joining us. What do you make about the jobless claims data and the labor market in the la
When the adp is released for last month. Take a look, tripledigit gain right out of the gate. The s p is up 15 and the nasdaq higher by 39. The easing of lockdowns raising hopes of economic recovery and fueling markets again yesterday, s p 500 and nasdaq up 3 days in a row with dow up 267 points at 4 00 oclock on wall street yesterday. Mark zuckerberg defends leaving President Trumps posts up. Investigating the origins of the russia probe, Rod Rosenstein testifying before the senate today, he approved the third and final fisa renewal to surveil carter page. Mornings with maria is live right now. Global markets this morning with a firmer today. Take a look at indices. Cac quarante in paris 89 and as lockdowns ease up encouraging nine the euro zone meanwhile. Take a look at euro zone purchasing Managers Index up from 12 in april to 30. 5 in the month of may, thats certainly what was one of the fuels for this market rally in europe this morning. South korea announcing additional 29 billio
This time of year. We will let you know how much warmer we will get coming up. Well ship you a selfinstall kit that makes setup quick, safe and easy. Lets check in with gianna for a look at traffic. No tech visit required. Good morning. And our simple Digital Tools not bad out there on the roads. Will help you manage your account online. At xfinity, were committed to keeping you connected. Caltrans has been working on find great offers and value, today, at xfinity. Com this accident on southbound 680 and koopman offramp. The number three lane of 680 is blocked and the offramp. That will be there for quite some time. A tanker truck vo. As far as delays, im not seeing a lot of brake lights. Its early through there. There is roadwork on the northbound side and we see a few brake lights. Looking at the san mateo bridge, a broken down big rig blocking the slow lane westbound past the toll plaza. I am anne makovec. Lets look at the white house right now. President trump just tweeted he is go
Right here on set. Well do a live taste test. Its tuesday, september 24t 24t. Fbn a. M. Starts right now. But you got to keep your head up. And you can let your hair down. You got to keep your head up. And you can let your hair down. I know its hard. Know its hard to remember sometimes. But you got to keep your head up. And you can let your hair down. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving this morning after treasury secretary mnuchin said trade talks going to resume in two weeks. The dow is up 64 right now, s p up 7 and three quarters, nasdaq up 26 and a quarter. Lauren lets take a look at the yield on the 10 year treasury, down a basis point, 1. 71 . Cheryl the you price of oil is pulling back a little bit. We are down three quarters of a percent right now. By the way, gas is actually down the last three days, National Average at 2. 66 a gallon. Lauren china buying more