Of a job since mid march and Business Activity grinding to a halt around the world and finally, Energy Stocks are jumping on a rebound in oil prices by far the best performing on the s p 500, which is higher, wilfred, by about. 6 though off the highs of the day. Went briefly flat as well so improving for the last hour or so the dows up 0. 9 or 200 points. Coming up, well speak with former bp ceo, lord browne about the oil markets this week as crude sees another double digit move today plus Tiger Management president , Alex Robertson, will join us to talk about investing and how his company is helping to support new yorks front line workers. Zblncht mike is tracking the Market Action for us as always meg has the details on the possible setback for gileads coronavirus trials, which sent the market off its highs during the session as we mentioned along the hannah, from the ft, who cowrote the story that broke that news and kayla is covering the house vote on the next round o the stimulus,
Holiday, were seeing gains close to 2 . Watching futures as well after we saw the dow, s p and nasdaq rally almost 7 overnight. U. S. Futures seem to be quite elevated. Take a look at india as well coming back online. U. S. Futures heading to negative territory now. Oil is stabilizing and resuming the gains ahead of the opec plus meeting thursday. Treasuries falling. Yen falling as well when it comes to the currency. The pound, we see Boris Johnson the Prime Minister now in intensive care after not being able to shake off the coronavirus. Watching the aussie dollar. Dont expect much but well look for an economic update. It was one of the worst curnsniss the world but it seems like second half could be a different story. Signs it could strengthen in the back half. Nomura saying it could strengthen to 13 rks 300 by year end. Tom we have some lines coming out of lamb now giving her weekly press conference. You can see her there. She has said that hong kong hopes to announce a second round
Continent their ancestors came from. For hundreds of years the trade in african slaves was a lucrative business the consequences for the continent were horrendous entire areas were stripped of their populations millions of africans died either when their villages were attacked or on the long journey from the interior of the continent to the coast the ones who made it were packed together like cattle and the holds of slave ships for a journey that often took many weeks most ended up in brazil the caribbean and the us from the beginning of the 16th century until the end of the 19th around 2000000 people died at sea during the crossing between 10 and 12000000 survived the horrific voyage. After arrival abducted africans were sold on many to the owners of plantations. Where they were forced to work for the rest of their lives without rights and often brutally abused. In the u. S. Slavery was only abolished at the end of the American Civil War and 865. 00. The many west african slaves this
Earliest investors. Plus, fedex drops amazon. The delivery giant will not renew their ground delivery contract with amazon as the online retailer expand in its own logistics and shipping gain. We will talk to one of the Founding Members of fedex ground. And, new phones, new features. Samsungs first look at the new galaxy note 10 and 10 plus from its brooklyn event in new york. Weve got all the details. A rebound in tech shares helped fuel recovery in u. S. Equity markets. The day started wednesday with an ugly open as traders hit the eject button without any clear catalyst. But an early turnaround in names like broadcom, apple, helps erase losses among major indices. ,nd speaking of Broadcom Symantec surged in after hours trading on the news, up as much as 20 . Field the gains the s p largest seen since last year. The nasdaq closed in the green, while the dow was fractionally lower. Joining us to dissect the moves is our senior markets editor. Talk to us about broadcom here. The report
Manifesto online. We talk with ellen pao, the former ceo of reddit. Plus, uber and lyft post earnings. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just