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Thats a 13. 8 increase month on month. Pretty good, alix. Israel alix can it last . And coming up this hour well speak to valley grant, Senior Vice President and henry mcveigh, ahead of global maam row and Asset Allocation with his report on economy and investments. The main macronews that happened was beijing following through on the threat of retaliation, china ordering the u. S. To close the consulate in chengdu and comes after the foreed closer of a Chinese Mission in houston. Sharon chin the asian bureau chief, how big of a disruption is it between the two countries . Sharon i mean the whole dispute over the consulates, the u. S. Asking china to shut its houston consulate and china asking the u. S. To shut down its consulate in chengdu has en a severe reaction and the worst theyve taken in the last few yea ....
Do their own thing. The s p 500 up 0. 1 , the dow up 0. 2 , and the nasdaq down more than 0. 1 . Its high. Ff a little strengthening, and we now. T 7. 1612 spread atnbund 1. 86 . We will be speaking to the European Commission budget commissioner a little later on in the later of in the 11 00 hour. We will definitely be i had be asking about the euro stimulus. Matt the equity indexes continuing to rally is really the story here. They are doing much better across the continent and in the u. S. We are still looking at 1 plus gains on the broader benchmark stoxx 600 index. We have a more than 1 gain on the cac 40. And thes injects stimulus injection each day, the storyline the first day with airlines. Then was autos. Then it was the rescue plan. Now we are seeing the luxury goods makers doing well. 3 ,methods up more than carrying up to. 3 . Investorscally like think people are going to go shopping organ shopping again, or contin ....
Lets get to some of todays news from our washington and new york teams. I want to return to trade tensions between the u. S. And trump president responding to questions on implementing the phase one trade deal amid the coronavirus pandemic. We signed the deal. I heard that too, they wanted to reopen the talks to get a better deal. China has been taking advantage of the United States for many decades because we have people in this position, sitting in the oval office that allowed that to happen. I am not interested. Alix Kevin Cirilli joins me now. Walk me through. Kevin good morning. This comes as the president has increasingly attacked china politically speaking, and raised questions about chinas response to covid19, including Senior Administration officials. From an economic standpoint, the president saying not so ....
Your equity market right now, totally unchanged on the s p 500. If youre worried about the dates are, do not report it. If youre worried about the market, then sell a depreciate latest news out of china, we have seen these headlines before. Chinese authorities ask you Investment Funds to avoid being net seller of equities. If you do not trade to come if you did not report it, then it is not happen and the answer is at least around the world, especially given the data they have been reporting consistently has been worse than expected so then i guess, in absence of it, people think it is gotten better. Jonathan expectations on wall street around growth on china has changed. Jp morgan had a forecast growth of gdp a 6. 4 this year. This been cut to 4. 8 percent, four handle for a six handle in a number of months. Lisa there are signs peoples bank of china are starting to respond but it is not clear what they can do to generate confi ....