Facebook, netflix all turning positive we are up 3 4 sorry, 2 3 on s p. Another higher day, certainly off session highs. Coming up on todays show. Great lineup uper facing fresh lawsuit from massachusetts over how it which was its drivers. Early investor bradley tusk has an idea that can help them avoid headaches and take on rival lyft hes going to join us to explain. Speaking of the pandemic, new Jersey Governor Phil Murphy will join us to discuss his states path forward, whether hes prepared for what the fall will bring in the northeast. Lets focus on two key stories meg tirrell with modernas vaccine news and Big Bank Earnings certainly better with Goldman Sachs. Meg, start us off with moderna. Hey, sara the full phase one trial results from the Covid Vaccine published last night in the new england journal of medicine. This was 45 in the trial we got a glimpse of 8 out of 45 on important key data. These were healthy adults who received two vaccines a month apart. Everyone generated a
Tolls. President trump team preps plans to reopen the u. S. Economy. Boris johnson remains in intensive care. The single currency wobbles as she euro area finance minister struggle to come to an agreement on a Recovery Plan as the joint debt issue is a sticking point. A joint press conference expected at 9 00 a. M. London time. Oil moves higher on reports saudi arabia and russia could stop this comes as the u. S. Cuts its Production Forecast ahead of tomorrows opecplus meeting. As i said, just under one hour away from the start of cash trading in europe. Take a look at futures this morning. It is a bit of a flat trade. As we said, you have euro stoxx 50 futures down 1 as well as ftse futures. If you take a look at u. S. Futures this morning, you see a higher picture so they balance each other out. S p, dow jones, and nasdaq futures all of although you did have u. S. Stocks ending the day slightly down yesterday, whereas european stocks of course ended the day in the green. Anna. Anna l
Maker warns of the fraught macroenvironment shares of Deutsche Post jump fuelled by continued growth in e commerce and rise in german p t postage prices and dialing up. A 1. 4 billion Share Buy Back shus shushs pushes to the top our top story today is all about autos. President trump is expected to delay plans on tariffs for another six months according to multiple media reports. The Trump Administration has until wednesday. The white house declined to comment to cnbc but renault has driven the sector lower. Shares are driven the sector lower after six years after cutting the top and bottom line out look the giant has lowered sales for all key markets for japan and europe and slashed the market broadcast. This after the second posted job and hit by lower demands on uncertainty following the outing of carlos ghosn. Meanwhile, feeling the weakness cautioning that it does not expect the sector anytime soon the chip maker does not enjoy the guidance adding that it is fraught with uncertain
We did get japanese factory orders which were disappointing down 7. 8 in may they were expected to fall only 5 were down full 1. 5 as you can see in hong kong a little more than that in shanghai 2. 6 . European equities are lower, down around about 0 where do we look on the screens 0. 1 there we go, down 0. 2 in france, italy holding on to slight gains we did get some better than expected german Industrial Production data up 0. 3 in may. It was expected to fall slightly treasury yields back about 2 . Similarly the german yield is back above 0, negative 0. 4 and were up 0. 23 . Deutsche bank announcing it will pull out of Global Equity scales, scale back Investment Banking and slash 18,000 jobs as part of a Global Restructuring plan you have been following this story obviously throughout the weekend. And i thought your comments earlier with dom chu were interesting. You sort of term this as ripping the band aid off. Finally. Perhaps a little too late. Finally exactly. So 18,000 had cut
Can shop. Org to preorder your copy today for delivery this next the investigation into bite box outside a republican and Democratic National Committee Headquarters in washington d. C. January 6, 2021. Capital police fbi special agent. Lawmakers on the Share Capital police audio and video footage from the generator six attack and stress concerns about Vice President harris and close proximity to one of the bombs in the Ongoing Investigation. The n hour and a half. The subcommittee on oversight will come to order. The chair may declare a recess at any time. Also without objection the memby submit materials they wish to be included therein. Today we have congressman ryan ing us has waived onto the subcommittee to dissipate in todays drink. He will arrive a little later. As a Army Disposal technician, is wellpositioned to expose any failures of the january 6 responses will analyze today. Will analyze today. I appreciate having him here we look forward to his discussion. Thank you Ranking