Wrongly called bring you the very latest this is a national from. Hello and welcome. Well to start us off this hour the turkish president has lashed out at his french counterpart claiming that hes a button to his country and should step down now represents a new low in relations between chrome comes as power as looks to crack down on radical islam following a wave of terrorism in france. Kron is a burden on france and france are going through a very dangerous period actually my hope is that france gets rid of this mccraw in trouble as soon as possible well the spat between the turkish president at the one in france has been deepening for some time now you will remember that last week the French Senate adopted a non binding resolution in which they officially recognize the independence of Nagorno Karabakh and they called for Azerbaijani Forces to need clean the floor from territories that had been captured in the disputed territory from september the 27th theyre also calling for an Inte
Good morning, it is midnight in beijing its 11 00 a. M. On wall street and squawk alley is live. Good friday morning welcome to squawk alley. Im jon fortt with carl quintanilla. Its the end of cloud week on squawk alley. What a week its been. They have brought news on custom chips, Machine Learning and more sales force announced plans to buy slack for nearly 28 billion in the second largest Software Deal ever. Weve had ibm and microsoft weigh in snowflake and others have turned in blah earnings well hear from the ceo this hour what does it mean for investors already sky high investor malic noijoins us now i cant believe we never had you on squawk alley before i hope this is a trend i want to start with sales force slack. I know that you have known stu butterfield for a long time, even before flicker was a hit. You think this very expensive deal makes sense why . So lets remove the price out of the equation. I think what youre looking at right now is in 2020, we have gone from the idea
Condemned the u. S. Secretary of states unprecedented visit to an illegal israeli settlement. And the occupied Golan Heights. He stammered, and all your support returns to spain and says hes tired of always being blamed for problems at barcelona. Welcome to the news i could have a Company British pharmaceutical giant astra zeneca says its a vaccine is showing promise and protecting those groups that are most at risk from the coronavirus working in collaboration with the university of oxford. The vaccine shows a strong immune response in those aged over 70 in its phase 2 trials. Its the 3rd western drug maker to report positive news on the vaccine front. In the last 10 days, even as cases continue to rise. Charlie angela reports more good news in the fight, to get corona virus this time from the u. K. , after 99 percent of volunteers, given the oxford astra, zeneca vaccine developed antibodies to cope with 19. These are the results from the phase 2 trials using 564. 00 in tis result in
To see everybody the dow did get to 29942, that is an alltime intra day high. Fell back a bit off that, a better than 400point game for the dow, s p better than 1 , nasdaq a little shy of that and then the small caps all the way to the righthand side of your screen banks, travel and leisure stocks leading the way. Some of the stayathome stocks. Theres the possibility in the middle of december the Federal Reserve steps in and provides further stimulus to replace whats missing from fiscal policy makers i want investors to give consideration to who potentially would be the treasury secretary. And, lastly, what will incoming president elect bidens policy be towards the chinese i think the reintroduction of a favorable relationship is a positive one so there are many catalysts coming as it rates to the reopening of stocks, you could look at financials and energies, but the one sector that stands out to me as the opportunity is industrials it screams high in terms of return on equity, its go
Obtain. What you might see is a bit more bitesized approach to aspects of the trading agreements. To get a greater engagement in a more constructive engagement. You talked about the covid recession. We have had a second wave of covid coming across europe in the last couple months. Indicators of the economy show that is causing a double dip in many economies in terms of activity. Youhelpful you are are that we could have a fast recovery this time around and see that vshaped recovery people have talked about . I think the vaccine is going to be a very important story for the 2021. From the irish perspective we moved early on in the early the second wave, the Second Lowest interest in europe now. We are doing very well in terms of the downward trajectory of caseys. Of cases in hospital and icu. Somewhere at the end of this month we move out of what we call level 5. Our schools of state construction has stayed open. Our domestic economy. Our investment side is doing very well. Science and