Bottom to the top. Well speak with the analyst that sparked the probe at 10 15 cet. Auto stocks go into reverse after car sales across europe plunge into 17 . But because of weaker demands and concerns weigh on sentiment. Snowflake gets a warm reception as shares spike more than 100 on the first day of trading on the new york stock exchange. The ipo is not the highlight of my life it is a milestone. We are here to build our business thats what we are excited about. Thats what we do. Thank you for joining us today. Reversal for the Major Industries you are seeing sizeable falls. All in lock step yesterday the uk stock market was down and we had improvements across the boards there does seem to be reaction as they are talking about low Interest Rates for a long time the market looking a little bit weaker at this stage wall street is soggy we are picking up on some of those queues the bank of england closely watched. Lets see where some of the green is coming from these are better perform
Severe consequences. Switch Company Roche will role out rapid test that will provide results in 15 minutes. We speak to the ceo of diagnostics in the next few moments. The swiss market watch dog offers a fresh case over the top scandal. Japans chief cabinet secretary is expected to announce hell join the race to replace Prime Minister shinzo abe. Warm welcome to street signs, we have just finished watching the Deutsche Bank chief who warned that it is not likely well see the economy return to precry si levels this year or next he noted how germany has done a decent job managing the economy through the coronavirus pandemic he did warn the large number of zombie firms to come out and have significant affect on germany. Well bring you all things german banking on that later in the show annette will bring us and plenty more on that topic to discuss. I want to push on what one Health Care Story in focus has come on roche. Rolling out new rapid coronavirus tests by the end of the month. Can
And hollywood welcomes the new billionaire as tyler perry joins that club. It is september 2, 2020. You are wauctching Worldwide Exchange on cnbc. Good morning and welcome. Here is how your money and markets are setting your day up. Opening higher by 212 points, weve seen upside momentum in about a half hour. S p implied higher by 30 points and nasdaq by 156. That bull run continues for u. S. Stocks this is all after the markets kicked off september led by a high note and what else, technology stocks. The dow adding 214 points. Now 3 off its record high that number 29,568 you can see now, 28,645 is where the market closed. The s p 500 hitting a new alltime high. The gain is about three quarters of one percent the best day since 2010. Also hitting another alltime high, the nasdaq moving closer to that 12,000 mark you can see 11,939 is where we closed yesterday looking at the bond market 10year yields around. 69 twoyear note yields. 137 and 30year at 1. 378 . Going to Julianna Tatelbaum
Stocks weighing down other Airline Stocks as the low cost carrier ditches its guidance and says it will fall below 40 . Investors satisfy their thirst and hong kong water giant and shares go 80 higher from its listing price. A warm welcome to street signs. Lets kick off the show with the European Commission president who is speaking now with changes to the European Commission translator this experience is crucial for ensuring the solution so speaking there and announcing that mqguinness has been named as irelands new Eu Commissioner lets get more context we knew ireland had nominated two different people to take up this post after phil hogan had redesigned after breaking quarantine rules what can you tell us about the decision to go ahead with mcguiness. Its not a surprise they were key to ensure the 50 50 balance and this allows them to achieve that mairead has been quite vocal when it comes to brexit as well. This is an important change that is happening right now and the European Co
Nasdaq leading gains but european equities hold near the flat line and oil outperforms. Shares of altice soar after news of the buy out of the giant and delist the shares. Rio tinto ceo resigns after destruction of two aboriginal sites and unrest at the miners fallout. Welcome to street signs. Happy friday lets take a look at european markets and how we are trading we have a little mixed picture now. The dax down 0. 2 . The cac around flat line, the ftse mib down. Yesterday, we saw european markets retreat. We did miss that big drop off in the u. S. Session that took place after european markets closed. A little momentum coming off the lower wall street session yesterday. Lets look at the sector weve got Household Goods up. 7 health care, real estate tell come and food and bef a bit of a defensive tilt. In contrast, oil and gas down 1 the worst performing part of the market 5 , insurance, industrials sterling has come under pressure as stalling negotiations erodes trust out of europe a