Global one day record over the weekend. Expects a deeper contraction in the u. S. As the infection rate stateside rises to 2 , but equities prove immune to the bad news with chinese stocks leading gains. Wall street is playing catchup after fridays Independence Day holiday. Vacuum. The power Commerce Bank looks to fill its top jobs as soon as possible in a bid to end shareholder revolt led by activists investor cerberus. Germangetting right now factory orders up 10. 4 percent. Sounds like a big number, but of course, its from a low base and it misses the survey by a lot. The surveyed factory order, the expectations for factory orders soth over month were 15. 4 we only got 10 point 4 . Much better than the prior month s 26 drop and it looks like german factory orders and a lot of things may be in this coming quarter may have a similar feel as Goldman Sachs cuts its expectations for u. S. Gdp growth in the Third Quarter. Here, you see european futures, big gains. Your stock futures up 2.
It disappointed greatly. About 500 and continues to rise. Delta also had a knockout quarter thanks to do messick demand, lower fuel prices thanks to domestic demand, lower fuel prices. Smile direct club is getting into direct company should with its main competitor. Guy european stocks are up a little bit. Oil acting as a little bit of a drag. Definitely the focus on the u. S. Banks. In terms of volume, we are ok today. German tenure backing away from the zero line. Cpi data out of the United States seems to have given the arrow a little but of a bounce. 1. 11, butl north of only just. Vonnie wells fargos quarterly profits slumped. Citigroup beat expectations on 49 fixed income surge. For more, lets bring in allison williams, bloomberg senior bank analyst. From, say, share Morgan Stanley and other banks . Alison we will soon see. At this point, the numbers are so strong. Jp morgan is the leader in that business. 80 from aup 75 to year ago, depending on if you adjust the number. That wa
glastonbury looks dry this year. here in kew gardens, lots of sunshine. i will have the weather for you later. it s wednesday the 26th june. with just over a week to go until polling day, the prime minister rishi sunak and labour s sir keir starmer are preparing to go head to head in their final leaders debate of the election later. it comes as members of both main parties continue to face difficult questions about betting allegations. our political correspondent iain watson reports. the second and final head to head clash between rishi sunak and the man who wants hisjob keir starmer takes place tonight on the bbc. and it s worth a bet that one of the topics might just involve gambling. the conservative campaign has been buffeted by allegations that two candidates, two party officials, and now a member of the welsh senedd had bet on a date of the general election, and were facing inquiries from the gambling watchdog. it s an independent process with the gambling commissio
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