Page 4 - Pershing Square News Today

Executive later. Another busy day. A lot of people were talking about in the virtual newsroom that we have created around the world that we cant quite remember whether it is tuesday, wednesday, or thursday. A lot of the focus is on what your markets are doing. This is your data, euro area, april services pmi coming up at 12. The preliminary figure was a touch below that. That Services Data coming in at 12 instead of the preliminary 11. 7. That is a little bit better than expected. I am looking f...

The n95 mask. Will he or wont he sport one . Thats the least of our interest here. We will take you there as soon as it begins, because there may be some big news. As wall street looks at a second straight day of gains, investors are ignoring what we all know has been a pretty stunning economic slowdown. As american businesses, though, begin to crack the door open amid the coronavirus, will that bring fresh oxygen to u. S. Growth . Glenn hubbard is the dean emeritus at the columbia Business Scho...

Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the...

Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid...

Milan has seen a slowdown in new cases as wuhan prepares to lift its lockdown. Nejra welcome to daybreak europe. We have a lockdown in the u. K. The wuhan lockdown taken for the First Time Since january 23, and the fed pulls out all the stops, extending its Corporate Lending program. The fiscal stimulus package from the u. S. The movement from the fed brings a little life back to risk assets, some green on the screen in u. S. And european futures. We see gold extending gains. Goldman sachs says ...

The u. K. In lockdown. Boris johnson ordering sweeping measures to stop people leaving home while President Trump holds off saying the u. S. Is not built to be shut down. And germany stands ready to help italy get through the pandemic. Slow as wuhanilan is ready to lift its lockdown entirely. Just under an hour away from cash equity trading. Let us take a look first at futures. We are seeing gains after asian markets rose. Ftse and dax futures each up more than 4 . We are also seeing gains in u....

Sharp selloff by friday. Look at the week that was with dow industrials down 4,000 points on the session. Thats 17 on the week. The nasdaq was down 995 points, 12 and a half percent lower and s p down 406 points, 15 lower on the week. President trump deploying the National Guard to new york, california and Washington State to fight what he calls the invisible enemy as more people are told they must stay home in the heavilyhit states. More companies stepping in the fight the war against coronavir...

Activity as Economic Activity grinds to a halt here in the u. S. , the white house calling for half a trillion dollars in direct payments to taxpayers and says we could see bailouts for airlines, hotels, and cruise industries, all the sectors getting crushed in todays market and crude oil down a staggering 23 . Now trading just above 20 a barrel we have every angle covered for you. Bob pisani is on the floor of the New York Stock Exchange. Kayla is in washington with the response to lawmakers. A...

We continue to see a solid bid today for some of the risk havens, we are seeing the german tenyear bid with 38 basis points. If you are equity performances going in one direction, your bond performance is going in the other. Those mainly balancing each other out in a balanced portfolio. Vonnie lets get to the markets. We have the dow down more than 4 . Down 7 since the inauguration and that means it has erased all of its losses since the election. Just one metric. You can also look at how much o...

Is in kabul to move forward a u. S. Peace deal signed last month with the taliban. The trip comes despite the coronavirus pandemic at a time when World Leaders and statesmen travel. Ailing official since the signing of the deal, the Peace Process has stalled amid political turmoil in afghanistan with the country leaders fighting over who was elected president. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countri...