Reese took over, hell be here with us to tell us whats behind the latest boom. Power lunch starts right now welcome to power lunch the dow as you can see is up about 200 points, the s p and nasdaq also higher, check out the small caps up nearly 1 check out the tran supports as well trucking higher. Well have more on that move in a moment. Hello, good day 31 advancing to declining stocks the worse performers are doing well today its trading to the upside banks, semiand industrial stocks all moving forward here. Consumer staples, historic high as well. Weve seen new food stocks like campbells doing well today Health Care Stocks also doing well whats moving the markets right now. The important thing here too big positives. The fed still neutral and the United States strong these are two big things keeping the markets near new highs uneasy truce on trade. Global economy on mix. The numbers have been a little odd recently if you take a look for example, China Services have been above expect
Weak manufacturing data raising hopes for more fed easing and the tenyear yield falling well below 2 for the First Time Since early july coming up later, big exclusive interview with the former vice chairman of the Federal Reserve, don kohn well ask him how the trade war escalation could impact the feds next move. Joining us is Barbara Duran from Capital Partners barbara, do you make any moves on this surprise tweet this afternoon from the president no, no. I think weve seen this before and it doesnt make it any less real or impactful. 10 will see what goods are impacted i think a lot of that is in certain sectors and stocks already whether its the industrials, the manufacturer. We have to wait and see. We know what sectors are impacted this is cell phones, laptops, tvs, baby toys. All those who testified, please dont put tariffs on us, thats what it is apparel. The rest of the country i think its not going to change the basic economy and whats going on in terms of the consumer and wag
We spend the day with prince harry as he makes a surprise visit to a Charity Event for bereaved military children. Aston villas European Dream is over. Disappointment in athens as theyre knocked out in the semi finals of the Europa Conference League by olympiakos. Good morning from the blue peter garden, which is going to be fine in todays lovely weather once again. Is it going to last of the weekend . Join me throughout the programme. Its friday 10th may. Officalfigures released in an hour are expected to show the economy is no longer in recession, after growing in the first three months of this year. The uk entered recession after output fell during two consecutive quarters at the end of last year. Our Economics Correspondent andy verity reports. At this butcher on the Gloucester Road in bristol, business is ticking along, but hardly roaring away. After the soaring price rises ofjust over a year ago some customers are now seeing wages rise faster than prices, and the price of meat or
Key facts and findings
FIS Financial Services Expectations vs Reality research asked US and UK consumers about their personal financial decisions and business executives’ investment and. -Today at 07:02 am- MarketScreener