Its up about 0. 3 today the dow as we said up over 1 at session highs. The sara crazy to see the s p 500 just wiping out all the pandemic losses the todays show, clorox is a standout winner. Up more than 50 so far this year people stock up on cleaning supplies but can the company keep up with the huge demand for wipes and disinfectants . Were going to talk to the ceo plus, well talk renovations, Small Businesses and more with the ceo of Angie Home Services of that company reporting earnings after the bell. Along with iac, tilray and many more names lets focus in on the big stories that were watching in this final hour of trade mike santoli tracking todays market action. We have the latest on the increasingly complicated stimulus discussion in washington and kate rogers has the details on a scandal involving former mcdonalds ceo steve east easterbrook. Mike, start us off with the Broader Market and the gap were seeing. This is a good illustration of how a broadening out of the market be
We will be talking about airlines. Will talking to alexandre de juniac, the director general later ron about whether or not american whether or not americans should be allowed to fly into the European Union . We will talk about the u. K. Quarantine as well, alix. Alix i probably have to pay more for cream cheese and gin. I cannot also going to london. That doesnt seem fair. [laughter] guy the world doesnt seem fair at the moment, but it is reciprocal. One was i last coming to you . Alix fine, whatever. Reciprocity when it comes to tariffs. Weighing on new tyrants. New tariffs. Michaeling at as mckee joins us to break things down. Michael you will have to probably pay more for gin and cheeses. It is hot in london today. What is happening, the u. S. Trade representative in the United States as the Trump Administration got permission withthe wto last october 7. 5 billion worth of tariffs, supporting airbus with illegal subsidies, including the u. K. , even though they are not on the e. U.
Winning streak since december. Pete, im going to begin with you. I hope you and your family is well its been a while since we have seen you im thrilled to have kwyou balk im really surprised by what i see. I have the most exposure to stocks and the least exposure t options you have had in two years. Tell us why. Its something we talked about a while back a cup of months ago. When the volatility starts to spike and you see it in high level, i never interpreted this going towards 85 high levels being in the upper 30r 30, the low 40s. That move from 13 to those levels greats a great opportunity. The reason you have gone to the up side is people are selling off stocks which is what was happening. Not only are they selling off stocks but give you a great opportunity to look for those stocks that you havent owned for whatever reason. I hadnt owned certain names for Different Reasons. Some of them is because i thought they were too high i didnt like their pe levels. It gave mean opportunity t
That is losing patience. Young protesters took over the hall to demand faster action. What matters is whether anybody is listening. Ina in a moment, we will catch up with adam fleming. Now its time for a look at the weather with darren betts. Hello there. We are seeing a lot of the earlier showers fading away now. It is turning quite chilly. I think the showers will continue longer into scotland hence the risk of some icy patches. Some more snow in the hills. A touch of frost there as it will be across more northern and eastern parts of england, even into the midlands. Further west, Northern Ireland, wales and southwest temperatures recovered with the cloud moving again and that will bring some rain by the morning and that rain will push northwards and eastward. Into the cold air, some snow over the high ground in the pennines over the hills. It will be quite cold here. Further south, south wales in southwest england seeing temperatures in the double digits as the more persistent rain
Euro instantly snuff approaching the 110 level and keep an eye on the german 10year and the president s speech could have a Significant Impact and it really is very hard to read event. And certainly the bull market here in europe, sitting tight and waiting to see what comes out of it. Vonnie . Vonnie as we wait for the economic speech and powell speaking thursday, were joined by kumar, the Global Strategies president to tell us what we might expect. What could cause the markets to move today . You need President Trump to Say Something totally unexpected, vonnie. The usual things, the economy is doing very well, we expect growth to continue to be very rapid. Thats what hes going to say. And that hes making very Good Progress in terms of dealing. Th the chinese it he has to say hes going to sign an agreement on a certain day and hear some of the things he agreed to and on the other hand explain why it is the economy is going to do very well in the year 2020. I dont expect it. You ask for