Investors raise a glass to remy sending shares to the stop of the stoxx 600 it expects demand to bounce back in the second half of the year saudi arabia and russia reportedly reaching an agreement to extend the counts for another month but will still be held today. Lets kick off with fresh data crossing the wires. Weve got uk car registrations coming in for the month of may 89 lower year on year to just over 20,000 unities. We are looking at a picture of sterling versus a dollar recently trading coming off 60 basis points the auto sector selling off quick sharply. A few Different Reasons for that part of that the reversal for the trade come together in the last several sessions. Part is to do with the german stimulus package unveiled in the last 24 hours. Let me give you more detail. German stocks making autos the worst performing sector in europe after the package announced overnight failed to provide must feeding help. Providing a raft of measures including help for electric car buye
[applause] [applause] oh come on. Good morning. Thank you for that warm welcome and thank you for being in person all the people watching on line or listening remotely we say thank you for joining us for the 2024 state of the state. Youve all been thoroughly welcomed this morning but i want to give a special shout out to a few people in the course ive got to start with first Lady Catherine and her family members she spirit their sister julie and her cousin lisa and watching on line to the rest of our rest of our extended families and their sons joe and tom and her daughter jesse and their extended families. When you serve your family serves with you so i want to be sure to at this time thank them for all their support in the seven years in todays a special day because its jesses birthday and so we need on a one, two, three everybody to yell happy birthday jesse. It will be the Largest Group to ever yell her birthday at the same time. One, 23, happy birthday jesse [applause] way to go.
[applause] [cheers and applause] c oh come on. Good morning. Thank you for that warm welcome and thank you for being in person all the people watching on line or listening remotely we say thank you for joining us for the 2024 state of the state. Youve all been thoroughly welcomed this morning but i want to give a special shout out to a few people in the course ive got to start with first Lady Catherine and her Family Members she spirit their sister julie and her cousin lisa and watching on line to the rest of our rest of our extended families and their sons joe and tom and her daughter jesse and their extended families. When you serve your family serves with you so i want to be sure to at this time thank them for all their support in the seven years in todays a special day because its jesses birthday and so we need on a one, two, three everybody to yell happy birthday jesse. It will be the Largest Group to ever yell her birthday at the same time. One, 23, happy birthday jesse [applause
Federal reserve saying its preventing economic growth. Last year for the first time in a decade, the United States was ranked the most competitive economy anywhere in the world. During that year our economy grew at 3 and if the fed didnt raise Interest Rates frankly, it would have been much higher than 3 , and the stock market as high as its been would have been at least, i think, probably anywhere from 7 to 10,000 points higher. But they wanted to raise Interest Rates. Youll explain that to me. Cnn White House Correspondent Kaitlan Collins is in tokyo, and president president settisettin talking trade right out of the gate. Reporter even though its focussing on ceremony, you saw the president needling the Prime Minister over trade the minute he got on the ground here in tokyo, and thats really whats going to be in the background of this entire trip. Yes, theres going to be this big friendship between President Trump and Prime Minister abe on display, theyre going to go golfing, go to
John B. Sanfilippo & Son, Inc. today announced that its Board of Directors declared a special cash dividend of $1.00 per share on all issued and outstanding shares of Common Stock of the Company.