And the corporate impact come up mastercard and United Airlines are the latest companies to warn that sales profits are getting hurt. Manus welcome to daybreak europe. Hedges. To hedge your the defensive positions traders have put on especially in the bond market are already being shaken to the core. The biggest oneday drop since 2016. . Hat is your hedge, and nejra nejra fish you ask yourself what caused this must don . We saw the biggest move down in global stocks, one of the biggest in 10 years. The gain in Global Equities for 2020 wiped out. That theabout the fact spread for the coronavirus outside china was causing concern, or did equity markets finally wake up to what the bond market was signaling, that that that the 30yearold yield plunging . Manus i think what are the best articles is from Goldman Sachs saying, another 25 basis points down in terms of yield. A really bad surprise would be 35 basis points. My line of choice in the bond story this morning is one punter spend 12wh
On the consumer. We will dig into the fallout there as power lunch starts right now. Tyler, thanks. Welcome to power lunch, everyone stocks are selling off hard for the second day in a row. We are near session lows right now with the dow down about 600 points thats a 2. 4 drop for the dow for the s p the nasdaq down 2 today but if you add up yesterday and today, all three of these averages are down about 5 in just those two sessions. Take a look at some of the moves weighing on the dow. You have boeing, United Health, visa down 4 we were just discussing United Health a lot of different challenges there. Lets go to the New York Stock Exchange with a run down on todays selloff. Hi, bob. Kelly, an old saying on bleet if you cant trade on the fundamentals, trade on the technicals s p 500 the last two days this was yesterdays low, midmorning, another drop volume picked up, trading on technicals this happened a little while ago and the cdc announcementadded to new lows for the day. New lows
Female members or for religions for peace from the middle east or demanding a larger role for. The female peacemakers stores january 5th on g. W. Call it a late Christmas Gift for Global Markets strong Holiday Retail numbers in the u. S. Boost amazon and other tech stocks and drug market gains in asia well look ahead to what europe can expect. Also on the show its been a rough year for car makers but a fascinating one for cars well take a look at what rolled into the big auto shows this year and out of tinkerers garages. And whiskey makers in scotland have a bitter taste in their mouth as u. S. Tariffs begin to bite. This is your Business Report im Stephen Beard same berlin thanks for joining us christmas retail numbers have markets around the world feeling extra jolly asias up again in the last trading day of the week with a hung song in the shanghai composite both gaining close to one percent and the nikkei in tokyo up by just a 10th of a percent tech stocks were the big winners on w
Is part. Of the 77 percent speech issue. This is where you. Are 77 percent this weekend on d w. Call it a late Christmas Gift for Global Markets strong Holiday Retail numbers in the u. S. Amazon and other tech stocks and drive market gains in asia well look ahead to what europe can expect. Also on the show its been a rough year for car makers but a fascinating one for cars well take a look at what rolled into the big auto shows this year and out of tinkerers garages. And whiskey makers in scotland have a bitter taste in their mouth as u. S. Tariffs begin to bites. This is your Business Report im Stephen Beardsley in berlin thanks for joining us christmas retail numbers have markets around the world feeling extra jolly asias up again on the last trading day of the week with a hung song in the shanghai composite both gaining close to one percent and the nikkei in tokyo up by just a 10th of a percent tech stocks were the big winners on wall street in the wake of a strong Christmas Spendin
Of expedia said there were strategic differences with the current leadership and the ceo and the fo are now gone cfo oregon. Down 3. 1 percent, the worst performer in s p 500. Higher,opean stocks are the pound trading north of 131 against the u. S. Dollar. We have a stronger rate against brent crudel, moving higher, up by nearly 4 in todays session. Opec is just around the corner. We will talk about that later on in the program. Lets talk more about the trade story, affecting markets over the last 24 hours. Economist is a senior , we have been jostled by the trade story. Todays story is maybe we are inching closer. The president talking about the idea that it can wait until after the u. S. Election. If we dont get a deal by the 15th of december, if we dont get additional tariffs what does that do to the Economic Data . I think the Economic Data improves beginning next year into spring if we can contain the current trade tensions. If we get a phase one deal before or after christmas tha