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Lets get your headlines for you. Beijing cansles flights and orders schools to close as chinese cases of the coronavirus rise. Infections. New jay powell said the fed will use all tools to defend the economy. Robert caplain said healthcare policies are key to recovery. Indias defense stocks gain after the first deadly clash with china. The first clash resulting in death between the two countries in 45 years. Now we have e. U. Car sales coming out and the drop is substantial as you may expect. 57 is the european car sales drop in may. This comes after the much bigger plunge of 78 in april. Car sales falling by more than half. 57 in may after the 78 plunge in april. Of course that is not unexpected considering the fact that most of the month at least Car Dealerships were closed in many countries in the European Union. Just under an hour away from the start of cash equity tradi ....
Good morning, this is bloomberg daybreak europe. I am Tom Mackenzie in london. It began in focus has japanese stocks of the most among some growing speculation the bank of japan will raise rates, it investors look ahead to u. S. Investor data tomorrow. U. S. President joe biden towards israel against invading the city of rafah, calling it a redline as ceasefire talks remained deadlocked. Aramcos 31 billion dollars gift, the Worlds Biggest Oil exporter ramps up its Quarterly Dividend despite loyal oil prices to plug a budget deficit. A bit of profit across the nasdaq on friday. We had jobs data, Unemployment Rate ticking up to 3. 9 , but broadly the jobs picture looking at a relatively resilient in the u. S. European stocks ended friday at a press record. E ....
welcome to the programme. we re going to start in ukraine tonight, on the eve of a serious and significant day. august 24th marks both the ukrainian independence day and six months since russia launched its invasion of the eastern european country. independence day is usually filled with celebrations. not this year. in the capital kyiv, public events have been banned for safety reasons. today, leaders of dozens of countries and international organisations took part in the crimea platform , a summit to reassert their support for ukraine. here s french president, emmanuel macron: translation: we cannot have any l weakness in the face of this, no l show of compromising behaviour, because this is about everyone s freedom and about peace in all parts of the world. undoubtedly one of the big topics up for discussion was the situation at the zaporizhzhia nuclear power plant. the facility is the largest of its kind in europe. it was taken by russian forces shortly after the start o ....
The retailer sees some booming ecom sales. And of course buffetts big surprise, revealing a secret Minority Stake in one of the markets biggest insurers. S p closes above 5,300 first time and the dow does inch closer to 40,000, jim. You said this morning, overbought, but things can remain overbought for a while. When it gets this overbought, when theres so many different buyers, and we have had this a couple times, bill paul does the great work for the oscillator, you can actually have a sustained churn, flop and chop. It doesnt plummet if youre up at these levels. It kind of just marks time. Now, we did have one of these last year where we came in, the first couple days, nvidia got slammed, the big momentum guys got slammed. Then, they came right back. I know it sounds odd, but you can get to an exalted level like we are now and have some rotation internally, but its not like when were like plus 5, 6, really fast and then boom. I ....