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Launching that service here in the u. S. Later this month. We are staying at home and we want our groceries and other purchases delivered and quickly. And we are on that story throughout the program today. As for the overall market, dead flat following a selloff on tuesday but keep in mind the dow and s p are up 40 from their march lows and the nasdaq is up 50 since then. Pretty impressive. President trump says he will pressure governors to reopen schools in the fall. This is a major step in getting the economy back on track. Kids go back to school, parents can then go back to work. That, of course, will be an issue for sure in the election, where joe biden has the lead in all of the polls, if you believe them, and even some wall street firms are apparently preparing for a biden win. But we have a democrat pollster coming up in a few minutes who says the race is a lot closer than the polls would indicate. Just wait until you hear what congresswoman ilhan omar wants to do to the economy ....
Have a look at where european equities are trading. Gaucher function, stocks are mixed down for third consecutive day, worst run in july. We got it today fed meeting we got a two we got a two fed meeting. Rising against the dollar. Euro, what a week it had last week finishing at its highest level since the beginning of 2015 on friday. Donna fifth of 1 today. Down the fifth of 1 . Lets talk about stock swings. This is the for frances president ial election, sending the number back to january levels. July pending to be calm for the region. They gauge of european stocks swinging, and declining in three of the last four years despite a rebound last week. Stocks from 11 lower. This is our fear index. Lets talk about earnings. Reporting 55 gain in firstquarter profit. Strong summer bookings, but did caution, this is why shares are down. The pricing will be very competitive through the remainder of the fiscal year. Overcapacity hurting shares. Theres have rose 1 in the quarter shares have ros ....
Rally, we have more rallies here. Itree major averages is not just the u. S. It extends globally. We look at a longerterm chart. We see the are at levels from may 2015. Quite a rebound from the lows. Some has to do of what people are calling reflation expectations under trump. Especially after he said he will unveil a phenomenal tax plan within two or three weeks. ,hen we look at the bloomberg and white we have companies with a higher tax rate. In blue, we have the s p 500 index. This is since the election. We see higher tax Rate Companies have been outperforming. There is an expectation that if trump were to cut taxes, they would rally. One stock rallying in a huge way. Lambert,king after a and promising to cut debt pension burdens by 1. 5 . 28 for sears holdings. A fourthare up for day. Best run since december 9. Trumps promised business tax lifting sentiment. We are also on track for a weekly gain. Basic resources up almost 10 ....
Brent below 42 for the First Time Since 2009. We begin with shares of chipotle falling hard. The company issuing disappointing guidance on another e. Coli outbreak. And a 14 billion acquisition, huge premium for Keurig Green Mountain. Its going private. And ges deal with electrolux is off. First up, Keurig Green Mountain has agreed to be taken private. The Investor Group led by j. A. B. Holding. Coke, which owns about 17 of keurig says it is fully supportive of the deal. Keurig will operate independently as part of j. A. B. s coffee platform. What else do we know about this. The main one they own is jacobs they did a deal with mondolese back in 14. It was completed in july, actually, of this year. 44 of that company is owned by mondolese. The rest is ....
The time in london is just on 7 00. A french president ial audience for ges ceo and a rival bid from germanys siemens. Settles a remarkable threeday scramble. Hans nichols is in berlin to break down oust him down break down alstoms choices. Are they going to be open on friday . They will not be open until wednesday. They have until then to , oneerate over one bid formal offer. It comes down to one crucial question. Here is the ceo of an american company. Do you ask for permission from the french government first before putting out that big . Jeff himmel had the conversations with alstom. His board has approved it. Then the french government got wind of it. Today, he has a meeting with french president for an swap along. Francois hollande. Did he oron there is, should he have contacted the french state before he started getting everything in line . What has happened in the meantime, siemens has put together a rival bid. This is an asset swap. Siemens would take the energy unit from alst ....