Page 3 - Consumer Sector News Today

When it comes to coronavirus cases we here in the United States we are clearly in a league of our own. Take a look at this chart see that chart right there what it does is it compares the caseload thats the red line in the United States to the blue line in europe and i want to show you a couple of things theres the peak for europe you see that right there thats when they started to take some measures to try and create lockdowns for example ours came here in the United States just a little bit af...

Times listen to this 5 times out of the last 9 days in fact its safe to say that when it comes to coronavirus cases we here in the United States we are clearly in a league of our own take a look at this chart see that chart right there what it does is it compares the caseload thats the red line in the United States to the blue line in europe and i want to show you a couple of things theres the peak for europe you see that right there thats when they started to take some measures to try and creat...

May including everything from Student Loans to car payments to mortgages, the number more than triple that of april its the latest sign Unemployment Benefits and stimulus checks arent enough to fully cover the expenses what happens to the consumer and the economy and the stock market its not good its something weve alluded to for a while. Go and look at wells fargos First Quarter they reported in the middle of april. They took a 14 billion loan loss provision which was up 413 year over year by t...

Hitting stocks. Wall street falls as the virus weakens the recovery. S p slipping, led by energy, financials, and industrials. Lets get started with a check of the markets. We are seeing u. S. Futures flat, after we had a solid risk off session in new york. We had a resurgence in virus cases and news the white house is weighing tariffs on european exports. We have the imf downgrade of the 2020 Global Economic forecast, so the s p 500 saw its largest fall in almost two weeks. All 11 sectors on th...

Sarah . Yeah, shows the power of the fed there. When that headline hit, boom we have a great lineup coming your way Jeremy Siegel and rick reider join us. Plus, well speak with larry kudlow about the latest debate over the future of enhanced Unemployment Benefits and what happens when they run out . Well also take a closer look at one winner amid the volatility, the video game sector. Well speak with Strauss Zelnick. That stock has been an outperform they are year lets focus in on the big storie...

Also his rhetoric reiterated when it comes to china, saying china should have kept the virus where it was and could have stopped this virus spread. These are the latest lines coming through, the president saying trump the u. S. Can deal with the flareups. We are seeing with stocks we are basically coming off some of the lows but still heading lower today, u. S. Futures extending losses to more than 1 now. Jakarta coming online. We have a Bank Indonesia decision today, expect some type of rate cu...

The s p 500 sees its biggest rise led by energy, health care, and raw materials. And an indepth look on the economy. We discussed fed policy in an expose of interview with Robert Kaplan. Shery lets get started with a quick check of the markets. The u. S. Futures are under pressure. This after we saw the rally in u. S. Stocks. Taking the s p 500 to the highest level since a few days ago. We have seen the rallies for the last three sessions and it has now gained the most in more than one week. And...

750 billion Euro Recovery Fund executive Vice President tells cnbc Urgent Health is needed no country is left behind in this proposal. What is left behind is the ability to this crisis due to the higher debt levels lufthansa trades higher despite doubts over its bailout amid disputes with brussels. Easy jet sees green amid the plan to cut up to 30 of its work force shares of the skand avian airline says it needs more funding to fly with 95 of its fleet still grounded this has caused government t...

Book the world. Francine lacqua in london. Extraordinary markets yesterday. Francine extraordinary yesterday but today they are taking a breather. On folks yesterday was moderna. Say if we haveto better news on the early trial of this vaccine. There is a huge fund being put in place by Emmanuel Macron and Angela Merkel. Again now, a bit more temperament or a little bit slower as we expect some countries to go against it. More subdued markets than yesterday. Tom interesting. Markets pulling back ...

Market. Three year and 10 year bond options coming in superstrong. Watch how that winds up performing. Time now for todays top market moving news from our new york team and washington team. We want to begin with economic the u. K. Economy shrinking on the 6 in march. Predicting what could be its deepest contraction in more than three centuries. Bloombergs Michael Mckee has more. Michael ask not for whom the bell tolls. It is the u. K. This time. Just one week under lockdown was still enough for ...