France threatens to get out of the rescue plan altogether. 11,000 jobs slashed, the german giant fights for survival. Welcome to the program. Looking at the futures, reflecting the way the european and u. S. Equity markets closed yesterday. Futures down in europe, mixed in the u. S. , reflecting what we saw yesterday were the u. S. Wobbled into the close at the end of the session. New york schools closing seems to be the factor. Breaking news, some commentary from astrazeneca in connection phasehase two, not the three news we have been waiting for. That is expected to come within weeks. This is more detail on the phase two data. They are confirming the vaccines immune response in older adults, that is crucial considering who is most vulnerable to the virus. The lancet is publishing the findings. A lot of stuff we have heard already from phase three trials more advanced than this from other drug companies. It has not been peerreviewed or in journals. We are getting the phase two study,
Consolidation coming uber reportedly talking about buying an industry rival more here on cnbc. Good morning, good afternoon, good evening where wherever in the world you may be watching. Thank you for joining us on this last trading day of the quarter frmt looking at the very early trade. They are down slightly 120 points to the dow. The nasdaq with a higher inflied over weaning we could see a reversal. Blue chips look to erase the selloff surging nearly 600 points that surge to put s p and the dow in a win column for june major averages on track to extend the track for three on the run of the quarter, what a run it has been. On track to performances since the First Quarter since 1998 on track to cap its gain since 1991 dont leave out the small caps the russell 2000 since paula abduls rush rush was on top of the charts. In the quarter, oil is up 21 . This morning, shell saying it will writedown more than 22 billion in assets. Finally, dont forget about gold you love gold. Back at its h
The bloomberg terminal. Reopening in america, President Trump urges the u. S. To get going again, even if it leads to more death. Chinas ambassador to washington calls for an end to the blame game over the coronavirus origin. More pain for europes banks. Lenders try to estimate the damage to their Balance Sheets from the coronavirus shutdown, and the ecb stands by its inflation mandate after a German Court Ruling on its qe program. Bond investors expressed concern about the Central Banks latest ofonavirus stimulus in light that decision. We are under an hour away to the start of cash trading across the continent, and in Great Britain, lets look at futures this morning, pointing slightly lower after a decent rally yesterday, although it was a rough start to the week for European Equity indexes. We are looking at drops of about. 1 right now on the dax futures in frankfurt. Higher in thedge cash trade yesterday. We are seeing futures edge higher once again today, so. 6 gain across the s p
On the final weekend of winter. Rain in the bay area and snow in the sierra and it looks like it will last the next judaism were giving a look across the south bay where there is a cloudy and mainly dry start in areas over the north bay pick up a few the last hours. As he rolled through the second part of the morning and early afternoon youll notice it pick up over the central and south bay receipt a few scattered showers. In and around santa rosa and towards napa and American Canyon and over towards iad is a wet when from vallejo into fairfield and stretching towards richmond and the Richmond San Rafael bridge. This will be the start, temperatures will be falling, it will be breezy with often on rain not only for today but into sunday, monday and maybe into to stay, better details coming up in just a little bit. 167 cases of coronavirus have been reported in the bay area and Santa Clara County has seen the largest jump at 79 total, two of died in the county including a person in the 8
Over the arrest and attainment of political opponents in venezuela. Speaking from geneva, he said one lawmaker and his assistant have been detained since the end , without the detention being known. Her office also documented recent attacks on clinical opposition, demonstrators, and journalists. The Venezuelan National security president juan guaido was backed by 60 nations who recognized him as the interim president since early last year. The Opposition Leader claimed president ial power, claiming Nicolas Maduro was elected in a fraudulent vote. The top u. S. Commander for the middle east is painting a grim picture for the Peace Process with the taliban in afghanistan. The general told the House Armed Services committee today that the current level of attacks is higher than what is allowed in the peace plan signed last month , and that he has no confidence the group will honor its commitments. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700