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The u. S. And china. Here to break down the Market Action is abigail doolittle. The macro news earlier this morning seemed to be about rising trade tensions between the u. S. And china, but then stocks mostly ending in the green. On thisgoing afternoon . Abigail a really sleepy day overall. You have traders not at their desks, checking out just a little early despite the fact that we have macro news. Plus, it is a repeat of last year. At the end of the day, mixed action. But unlike yesterday, we actually had tech closing higher. The nasdaq 100 higher 0. 4 . The chip sector got hit yesterday, r...

Germany and scientists are developing an app to improve Contact Tracing in south africa as it races to contain the corona virus. Im sorry kelly wild to the program u. S. President donald trump has threatened to cut funding to the Worlds Health organization permanently unless it implements substantial improvements over the next 30 days in a letter to the director general of the w. H. O. Trump says that the organization gives quote terrible advice for fighting the coronavirus and accuses it of being too close to china the us president has also said that he is currently taking the anti malaria dr...

Claims and 21 million continuing claims better than the week before. But still incredibly bad on an absolute basis same thing with the stock market we get crushed today sell, sell, sell. Obliterated wrong. Once again, the averages spent most of the day well into the black despite still more hideous macro data either we sold off the end of the session, dow 148 points, s p falling 1. 2 nasdaq easing 4. 6 , again, the market was up most of the day. The climb were about the incredibly weak labor market what happened when we heard the claims numbers right from the oechg . There is fear actions the ...

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 in the last few hours. With over a world news in new york city. Federal reserve chairman says the ce...

Why dont we greedy. We go in search of answers in a documentary film. Starts may 21st w. Could the Worlds Largest economy shrink by a 3rd the top us banker wont rule it out so was wall street selling doing so well so he did the latest. Also coming up airlines are on the brink putting millions of jobs in danger for better times ahead well ask an expert. And well go to india where businesses are coming out of a lockdown but with a few strings attached. This is your new Business Report im Stephen Beardsley in berlin its good to have you with us. The u. S. Economy could shrink by a whopping 30 per...