The 3 trillion weve spent plus a trillion dollars more. Thats about 20 of gdp. Thats absolutely historic, and were prepared to put more money on the table softbank returns to profit with a 12 rides se investor shares soared towards the top. Sales grew by 67 in the Second Quarter. Stock markets here in europe have been trading for about an hour so far, and the direction of trade has been very firm. Weve seen a very decent rally play out after initial gains thats now translated to a pop of 1. 7 on the benchmark index, a fair amount of green at a stock level sector level and by industries you can see how the core markets are faring today we did see some early gains in the german stock market, and that is now actually outpaced by italian stocks taking the charge french and german stocks slight underperformance again by the uks stock market, just 1 3 4 of a percent yesterday. It was curious we saw the german stock market, one of the laggards which is typically not the case, but certainly re
The past six weeks a closer look at that is on tap, if you dare. Plus, three big ber viinterview hour the company is saving their dividend protecting that we have the mayor of houston as texas gets set to reopen the ceo of Dunkin Brands on how that company is add justing this this age of coronavirus. Kelly, over to you thanks im looking forward to all of that after today well have heard from half of s p 500 companies on their earnings. Lets get to bob with more on that and the markets reaction this far bob. Maybe all of them are equally important. We have roping hopes in my book, thats the most important. Secondly we have expanding test and treatment possibilities out there. We heard that in the last couple of days. We had this massive fiscal the low rates have made stocks are lot more attractive than bonds. The problem what we have is earnings because were not getting any guidance at all. All companies are declining to provide any Forward Guidance that we got here thats bit of a probl
Starting out cool and a lot of sunshine heading our way. Out in oakland if youre on your way to the fruitvale b. A. R. T. Station, temperatures in the upper 40s and it warms up nicely. Mid60s by 1 00. I like what i see. The cash lanes open, they will see this clear up. For these lanes to the left. More folks are feeding off, no disturbance shows up. Slowing on the berkeley curve. The rest of the bay looks great. A lot of democrats causing the latest president ial debate the most fiery one yet. The first appearance by Michael Bloomberg took plenty of shots from the rest of the field. Today in the bays tracie potts was up late. Shes breaking it all down. Its early for us, 6 30 california time, but youre on the east coast. Reporter early for you but it was pretty late here. It was riveting tv to watch. The first time Michael Bloomberg appeared in one of these debates and the candidates went after him almost immediately. Well have donald trump for another four years. Reporter it took less
Deal reshaping the storied Investment Bank, Morgan Stanley Ceo James Gorman will join us in the next hour. A mega merger, increases the projection of expenses saved and the guidance which well get into, as well. Giving up control of victorias secret selling a 55 stake to siycamore and stepping down. Well start with the deal of the day. Morgan stanley agreeing to acquire etrade valued at 13 billion. 58. 74 a share three months after schwab and Td Ameritrade announced a merger deal a lot of discussion of why not robin hood an enwhat it means for the sort of the framing of their Wealth Management business, jim. It is kind of amazing about 5 million accounts, maybe more robin hood with 10 million accounts in no time they were land speed record for accounts their success is driving everything they have the millennials. They have a different orientation. They have the easiest site to use. All hand held. Theyre racking up customers i have had robin on a couple times. Theyre the biggest threat
Im melissa chan welcome to g. W. News asia thank you for joining us one outcome from this past weekends Munich Security Conference new optimism over a truce between the United States and the taliban and the promise to start talks in 10 days between different afghan stakeholders what they call the all afghan peace talks but whether the taliban can stick to its pledge of a reduction in violence the group doesnt have an encouraging track record and whether well see a final deal well weve been down this road before yet both the americans and afghans say they can only keep trying. One we must stop this war. 2 we must find the political solution to stop the war this is a level of complexity and uncertainty i think theres general agreement and its my view as well that we have we have to give peace a chance that the best if not only way forward in afghanistan is through a political agreement and that means taking some risks. Spoke to afghan president conny spokesman said. To get a better sense