The worlds biggest Investment Banks, what Goldman Sachs has in stores for some of its top partners it is thursday, august 5th and Worldwide Exchange begins right now. Lets go lets go all right, good morning, good afternoon, good evening, welcome. Im Brian Sullivan thank you for joining us on Worldwide Exchange. Here is the stock of the day the ticker may say work. But something isnt working at least for investors right now. Online messaging firm slack shares, theyre down 12 right now in the after hours market. First Quarterly Report as a Public Company disappoints well dig more into these numbers in a moment. First, to the overall markets, where stock futures are going the opposite way, rising, dow futures up a nice 238 now. This is a report says the u. S. And china are set to resume face to face high level trade negotiations next month with preliminary talks happening as soon as next week. As stock futures go up, bonds go down, a little bit benchmark ten year note yield 1. 51 . We are
Heated tone from the u. S. And china. Financials, semis and industrials are all lower and full Team Coverage coming up dom chu is tracking it phil lebeau with details of on headache for boeing. Market down 333. The low of the session 425 down. The dow higher this session down 205 and red throughout the session as you can see sharp selling. Lets bring in Rebecca Patterson with us for the full first hour of the show. Good afternoon whats the spark again for the selling . Last week a nice end to what was obviously a negative month of august. I think what it boils down to is its not about the cost of capital. It is not about the level of Interest Rates, the stimulus it is the confidence to spend so we can make Interest Rates as low as you want but if you dont have companies and households to borrow and take that money and buy something with it, whats the point . Thats the conundrum we saw it in the trade rhetoric today. It is eroding confidence thats driving us right now. Can the fed or Ce
Hello and welcome. Temperature records have been broken across europe. The highest temperature recorded today was in paris, 42. 6 degrees celsius, breaking a seventy year old record in the french capital. The netherlands recorded its highest ever temperature, at 40. 7 degrees. And in the belgian village of Kleine Brogel temperatures hit 40. 6 degrees. Lets look at some of those countries in more detail. In belgium theyve been taking extreme measures to cope with the heat. This is a nursing home in dilbeek where care staff have been cooling down residents by spraying them with water. Belgium is one of four countries to have declared a severe heat alert, urging people to avoid prolonged exposure to direct sunlight. Gavin lee reports from Kleine Brogel. This is the village, one of the many villages in the past 24 hours that have broken the record setting temperature, and the town in the west of the country has beaten them so west of the country has beaten them so far but we expect the tem
Continuin middle east and beyond. Talks are continuing on middle east and beyond. Talks are continuing on a middle east and beyond. Talks are continuing on a possible middle east and beyond. Talks are continuing on a possible six middle east and beyond. Talks are continuing on a possible six weekl continuing on a possible six week ceasefire, despite israel not attending. Israel says it wont attending. Israel says it wont attend until hamas comes up with a list of hostages still alive. Hamas took 253 hostages on the 7th Of October. Hamas says it cannot provide the information because of his royal s continuing bombardment of gaza and says hostages are being held by different palestinian groups and in different areas of the gaza strip. Another night of intense israeli strikes in gaza. With homes flattened, people crushed. Ushering in another day of grief stricken goodbyes. After six months of brutal war, even israels closest ally, the us, is ratcheting up the pressure for a new truce with