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Job losses. The consensus for the Unemployment Rate is a sharp rise to 16 , the highest since the great depression. U. S. Fatalities from the coronavirus talked 26,000 75,000. The u. K. And france prepare for easing measures next week. A positive u. S. China trade talk call. Christine lagarde says the ecb must go beyond normal tools. Welcome to bloomberg daybreak europe. Lets get the breaking news in terms of earnings. It isng with siemens, cutting its fullyear revenue to moderate drop from a moderate rise. They are saying fullyear revenue they are expecting to see a moderate drop. They were seeing a moderate rise. Second quarter industrial falls. Ses adjusted ebit those are the red headlines. In terms of what we are looking at, they see a stronger Coronavirus Impact in the third quarter. That is interesting for all the people who have been saying earnings would be bot ....
Also get a pros take. Bob olstein will join us live and exclusively in a couple of minutes. A list of predictions for 2014, and naming stocks that are his best value plays. Also, get this. Jpmorgan has been fined 2 billion for not figuring out that Bernie Madoff was a fraud. 2 billion. Wasnt that the governments job . Why is a private bank facing consequences for allegedly turning a blind eye and not government officials who were asleep at the wheel, obviously, at that time, during the decades of deception . Closing bell is getting into that a little bit later in the program today. Stick around. In the markets, take a look at whats happening. Diversion across major indexes. Dow is negative. Less so than session lows about noontime. Nasdaq is positive helped by twitter, tesla. S p 500 up about seven points sorry. That was the nasdaq. That would be up a bit. Im sorry. Now down about one point. Twitter. While i was gone, it went to 55 ....
Need 60 votes to break a filibuster in the United States senate. They got 50 votes but theyre 10 short. The vote was 5049 and there were five democrats yeas. Joe donnelly and north dakota and doug joan the senator from alabama and doug mcclaskill. They represent a swing or competitive space so its a good vote for them to end the filibuster. But the problem is also on the republican side. Five republicans voted no. Lindsay graham of arizona and rand paul of kentucky and also you had mike lee of utah and then you had Mitch Mcconnell. Now, Mitch Mcconnell is for funding the government but they have to but the genie back in the bottle and come up with a solution to keep the government open maybe tomorrow or sunday certainly beforeful workers are supposed to go back to work on sunday. Mitch mcconnell voted no. Senate rules r ....
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