Page 142 - Third Quarter News Today

Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the ...

Relief chief. Thank you for joining us. The brutal impact of coronavirus lockdowns on the Global Economy is becoming clearer with the release of new Financial Data. The numbers only reflect up to the end of march as most restrictions were being put in place. Let us start with the Worlds Largest economy, the United States, which has recorded more than 60,000 dead. 4. 8 conomy has shrunk since the start of the year. That is the largest drop since 2008. New numbers from germany show its gdp is expe...

Timing, the pace, the safety of this economic reopening. Right i think that at this point, we know that the v is off the table. The struggle here is whether we have a ushaped recovery or whether we dont have a recovery and i keep coming back to there are two things that can happen you get a vaccine, and youll have a vee you dont get a vaccine and youll have an l and i think on days like today when you see the unemployed numbers, you say to yourself, without a vaccine, this is going to be a very,...

House passes and aid package and some corporate bailouts may come at the price of corporate equity stakes. And gilead shares crash as reports suggest its potential covid19 drug flopped in trial. Good morning, everybody. Program. O the we see a sluggish pace reflected in european futures. Much weaker. Features down, plenty of reasons to be gloomy if youre looking for them in terms of u. S. Jobs data, eurozone pmi data. We saw that certainly have an impact. Lets have a look at u. S. Futures. We do...

Road. That scene has been there all night and it is still active. I want to show you what happened. This is the after math of a crash where several people died in a Dodge Durango pickup truck that was driving on the freeway. One of the things we want to let you know, the commute is not much because it is so early but these lanes are going to be closed for a while. One person was arrested on suspicion of driving under the influence. Four victims who have yet to be identified and chp has not relea...

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...

All of that leading to a stronger dollar and weaker commodities like oil. Under armour out with earnings as well. Lets get right to it. Their adjusted loss coming in 0. 34 a share, almost double what we had been expected. Net revenue for the First Quarter coming in at 930 million. That also came in light. They see a significant decline in revenue since midmarch, so no surprise there. Marriott coming out with their numbers as well. As you can tell, it is going to be bad. Marriott international lo...

All the major f. A. N. G. Companies. They are set to release their numbers and guidance. Thank you for joining us im Brian Sullivan lets talk more about your market setup you have dow futures indicating a gain of about 100 plus points at the upside. 200, as a matter of fact, stock futures are well in the green despite the fact that oil has come down significantly. The price of oil down again right now. Remember, we are in that june contract it is off about 13 this morning, down to under 15 and c...

Edge you can see, so maybe there is partial clearing this afternoon. Inland temperatures will be average. Oakland will be close to it. Lets head over and talk about southbound 85. Good morning, sal. Southbound 85 near cotton road, we have a closure of the freeway here on 85 southbound. You will not to be able to get a bike, they will be taking you up for an investigation, we have more details on what happened. Alyssa . A Dodge Durango packed with six people was traveling at a high rate of speed,...

What happens after yesterdays big move the dow down yesterday by 2. 1 the dows worst performance going back to may 1. A lot of this was happening as we were getting comments not only from Stan Drunkenmiller and dave tepper talking about his concerns about this being the second most overvalued market he had ever seen. Comments from fed chairman jay powell all of those things adding up saying what do we need to worry about and where do we need to be concerned . Watching the treasury markets, you w...