some are pichai took over and first cloud results. these cv maker is tearing maker is020 this ev tearing through 2020. we look at the stock. coronavirusr the dominated headlines this week. residents in wuhan have been quarantinedand and some flights have been suspended. copper rebounded after a 14 day selloff and investors will be able to withstand the impact of the virus. the s&prallied with back to market highs. amazon closed above $1 trillion, joining the 13 digit club with shares surging in the wake of a blowout earnings report. on tuesday, we were joined by michael purves of the capital group. there s no question that the underlying lament and has been very strong. was only a few months ago when we had the bond market signaling a recession was coming. even though it still has been supportive, this concept of a recession narrative is fading. you could check a lot of risk on boxes right now, and obviously, the fed has been there and liquidity is strong. the resilienc
the ev makers tearing or 2020 despite a couple of tips. we will look at what s supercharging the stock up to this point. our top story about concerns over the coronavirus and dominated headlines as the death toll continues to rise. residents in the chinese city of wuhan have been quarantined in some flights in and out of the country have been suspended. this week saw the return of risk appetite. rebounded as investors so the global economy will be able to within the impact from the virus. the s&p back to record highs. amazon closed above the $1 trillion market cap for the first time joining the 13 digit class with shares surging. colleague were joined by michael of tal back capital. there is no question the underlying trends of momentum for risk assets has been very strong. just to put some context on it. only a few months ago back in september women the bond market. sort of signaling a recession was coming in 2020. even though the bond market is clearly been very supported
A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema m infa for sara eisen. Good morning. Good morning to you great to have you with us lets get to the Global Market picture. Its an encouraging one. Yesterday, record closes note just for all three main indices that youre looking at, but for the russell, for thel transpor as well. The nasdaq up 0. 8 the s p and dow up about 0. 6 . The year for the w3ow thats roughly one every four trading sessions. E extraordinary statistics rp r yesterday. Utilities the worst. Could be another positive set of record closes. The dow higher by 72 points, nasdaq by 10 s p by 5 it was a riskon day for the bond xdarket. We saw selling of bonds. Yields rising. The tenyear pushed up to 2. 39 , where it sits this morning as well global stocks have had an encouraging start to the week. Letse1 look at how asia perford overnight. Mostly tof4npside. C the shanghai upqnearly 1 , hang seng up about 0. 7 one event to watch this week will be
Recovers. No one knows why. The question is was it all the algos . Emma chandra is here with first word news. Vladimir putin will have one less opponent in march. Russian officials formerly formally barred the Opposition Leader from running because of a conviction in a fraud case which has been viewed as political retribution. He could have run if his conviction had been canceled. A Spokesman Says the kremlin is concerned about the possibility the u. S. Might extend sanctions against russia. That took effect in august calls for the treasury to compile a list of business asders of the Companies Seen close to the kremlin as potential targets for sanctions. Last week the u. S. Added the names of several prominent russians to the list. Almost a year into Donald Trumps presidency the border wall he passionately promoted throughout his campaign amounts to eight prototypes. No more than 30 feet long each in the desert outside san diego. No funding has been appropriate by congress to advance t
Manus europe rallied. You are welcome. It is surveillance and i am manus cranny. Rallied. Ment, europe where up on the stoxx 600. It was text and telecoms that to the heavy lifting, nothing compared to your performance in asia. Record highs in asia. You are looking at levels that you havent seen since the 1990s in japan. Technology up 50 in asia. Europe, you are seeing this growth story. It is absolutely intact. The next question are you, European Equity markets, can you sustain the growth gains that we have had the euro at around 120 . Could the euro valuation unseat the story we see here . Week,llar index, what a what a year. This is the first yearly loss since 2012 for the dollar. You are seeing another push low. You get a 3 growth rate, you get a tax reform deal, you get three hikes from the Federal Reserve and still the dollar is lower. 2 lower from here at end of 2018. The most bearish view is the dollar will be down by another 5. 5 , not everybody is so pessimistic. On the upsid