500 futures up about one third of 1 . Ftse futures higher by 2 10 of 1 . Unbelievable to see a zillion euro in the mix a resilient euro in the mix. The story is the equity market yesterday. The more cyclical sectors, bottom of the pile in the u. S. And europe, Energy Stocks having a tough time of it in 2020. Annmarie they have. Both sides of the atlantic, energy getting pummeled. That brings us to bp results. The first of the oil majors to report earnings kicking off the week. Adjusted net at 86 million. The estimate was for a loss of 116. 8 million so that is something that will boost bp. Is expected to fall in the fourth quarter. So far, it is not looking too bad. Analysts were expecting a loss because right now, the refiners are having trouble turning a profit because demand is so low. When you turn that crude into things like gasoline, the demand is not there. The volatility buying all the oil and selling it at a higher price, that saves a lot of these majors in the last quarter an
Their children and for their families and for their nation itself. No one could make that choice for them. They had to that themselves. Today, the world sees they are choosing cooperation over conflict, friendship over enmity, prosperity over poverty, hope over despair. They are choosing a future in which arabs and israelis, muslims, jews, christians can live together, pray together, and dream together sidebyside in harmony, community in peace. Me congratulate the people of israel, the people of the United Arab Emirates, and the people of the kingdom of bahrain. God bless you all. This is an incredible day for the world. This is a wonderful and beautiful occasion. I want to thank all of the members of congress for being congressmen,s, congresswomen, we appreciate it so much. Everybody wanted to be here. Important day for the world, important day for peace. Before the parties signed the accord, i want to ask Prime Minister netanyahu to say a few words, followed by the foreign minister o
Any sale must include a substantial payment to the u. S. Government viewed and results season continues. Bps dividend expected to be cut for the First Time Since the deepwater horizon disaster. We will look at the toll coronavirus has taken on a drinks giant. Manus is just gone 6 00 a. M. In london and 9 00 a. M. In dubai. There is no sort of outstanding alpha driver this morning. We are grappling with different things. The unilateralism is alive and where. Unilateralism of trump to stand the unappointed benefits, of trump to deal with tiktok. That unilateralism i think is fed w rather than the this is betwixt good morning. Good morning. Nejra i am with you, it is hard to see any great conviction or catalyst in the market today. The rally we are seeing in asia seems to be feeding off what we saw in the u. S. Yesterday in terms of tech stocks. Was it just about the stay at home trade . Apple hit another record. Also interesting what we heard from the rba, especially since you are seeing
Employees. Bank of america and Morgan Stanley among big banks reporting. Dow component Johnson Johnson right here. Futures in the red. We are standing by for retail sales and jobless claims this morning at 8 30 a. M. Eastern. Stocks edging higher, Investor Sentiment over covid19 vaccine pushing markets into the green. The dow industrials up 227 points, nasdaq up 62 and s p up 29. The state of travel today airlines in the midst of a sharp downturn as pandemic fears keep travelers grounded at 7 30 a. M. Eastern ill be joined by ceo of delta edward bastian. Plus this, drink up, how moderate Alcohol Consumption can protect against cognitive decline. Mornings with maria is live right now. Maria european markets on the decline. Standing by for the ecb decision for the next hour, rates are expected to stay unchanged. Ftse 100 is down 36 points, new data this morning from the uk shows half a million workers were furloughed in the month of may. Thats in response to the pandemic shutdown. This m
You cant fell it to roll over you cant get it to fetch. Somehow people imagine there is discipline to the process that the action falls clear patterns. For example, when you get a spike of infections, the average is supported to get clobbered and that is what happened friday monday new ball game nasdaq advancing 1. 20 the bulls look at the spiking number of covid cases next to the not spiking number of fatalities and figure we made Real Progress fighting this disease so buy stocks into any kind of weakness we almost got back to even on the dow because mortality rates look like they are dropping. They are buying recovery stocks, not stay at home stocks. If you believe the spike in infections isnt an issue you want to bail on the covid stocks too many states are gradually shutting down to write this off as no big deal more on the index later in the show what happened today . Lets go over key parts. First, we have a reason that can actually be time stamped to turn around the market. This