Off last weekends trade talks with beijing as the u. S. State Department Asks colleges and universities to divest from chinese stocks. Tinsley merkel rules out loosening of virus measures. Europes biggest economy recorded the biggest increasing cases and newly four months. It has just gone 6 00 in london. 7 00 in frankfurt. 9 00 in the difc. Warm welcome to the show. Good morning to you. , i love the bank of america report. It looks as if the birds have capitulated. Positionede who have from bear market rally, that was from 47 last month down to 35 . Good morning. Annmarie good morning. Or a bear market rally . Some people are thinking this has legs. This s p 500 fresh record, they finally got there. So much emphasis has been on the retail investors. One investor said, its like 1999. People just left their jobs to go to a trade a trade. 1999, i was in bonds and commodities. I was not dancing to baby one more time. Have a look at your markets. I will not sing it. Good morning. Annmarie
Pressures for boeing, downgrades at Credit Suisse and ubs renewed congressional scrutiny, shares tumbling 10 on the past week. Opioids on trial in ohio for Drug Companies reaching a last minute settlement ahead of a landmark First Federal opioid case. And Mark Zuckerberg speaking out, why the facebook ceo tells nbc news it is more important to be understood than it is to be liked. Shares of boeing under pressure, having its worst day in more than 2 1 2 years, losing almost 7 friday. As we said, Credit Suisse and ubs cut the stock to neutral from buy today boeing under scrutiny following the revelations of the emails from 2016, which called into question the safety of the 737 max jets Flight Control system. The board met over the weekend, expressed regret over the message, continuing to investigate. Dennis muilenburg is scheduled to testify at house transportation next week reuters suggested this Board Meeting in texas may consider things like job cuts and some other kinds of trimmings
Been saying, we give up, youre hammering us to nothing, and we think that is the administrations intent. Theres a lot of anger at the president for ignoring what has been a Supreme Court directive. Look, when the epa comes out with recommendations, you just cant willynilly not consider the costs to companies of these recommendations. But, again, the administration doubling down on this with a plan that will go further than any president has ever gone before in policing pollution in this country. Part of a Climate Change initiative the president wants to make part of his legacy. Now to the aforementioned West Virginia attorney general, patrick morrissey. General, what do you think of this . Well, obviously, the details are still coming out, but we think that this administration is pushing a radical and illegal proposal, and West Virginia and a whole coalition of states and many other entities including miners and businesses are getting prepared to sue. Neil what i dont understand, gener
This is Al Jazeera America live. Wall street is making a come back, despite another huge sell off in asia. The dow opened up 2 higher today. It is holding strong, now up 214 points on the day. The s p and nasdaq are also higher, it is a major turn around from yesterday when the stocks fell more than 3 . Mary snow is with us. Mary, you were on wall street today. I was. A market difference from yesterday at the open. And throughout the day, right . Yes. Definitely. There was really we didnt see the fear that we saw yesterday. Yeah. At the open. Was traders are still very cautious, they are saying yes this is some relief but they certainly expect more volatility. Theres so much uncertainty out there. Uncertainty, you know what, Market Analysis going on in this market, literally, friday massive sell off. Over the weekend, everyone is worried about what will happen in asia sunday night. Beware of monday we get black monday, another sell off in china. Right. And then we got resilience. Right
Warships to the royal navy . Were going to talk to john parker who has published on the matter today. Less than an hour to the european open. Lets take look at futures here. Slight gains in futures after the big drop that we saw yesterday and the cash trade of and is unchanged as the kak the dek as well. Keep your eye on commodity for the direction of the market. Its a big future coming through on the g. M. M. Greece coming off of its recent great run. The dollar inching today i dont think its going anywhere. I think its wasting starting to get their arm around. 1 . Euro is down. 210 of weve got austrian vote coming he referendum come coming up. We are watching spread widening across europe. That is definitely a future. We are seeing some of the more core countries. Weve got yields dropping. Belgium moving as well. Another big move in iron other very volatile right now. So well get his take on what has happened particularly on the coal market. Plenty to think about. Heres julian. The s