SQUAWK BOX, WEDNESDAY 1ST APRIL, 2020

SQUAWK BOX, WEDNESDAY 1ST APRIL, 2020

March market misery as the Dow closes the month in the red. It posted its worst first quarter on record. The energy sector was the big underperformer, plunging nearly 35 per cent in March, while US tech giants are among the few stocks to eke out gains. The markets should brace for more dismal data, as Cleveland Fed president Loretta Mester told CNBC. In Europe, major indices lost more than 20 per cent this month. Britain's major banks are now ditching their dividends after the U.K.'s financial regulator joins its European counterparts to call on lenders to preserve cash. This comes as the death toll in the U.K. marks its biggest daily rise, while President Trump warns the virus could claim as many as 240,000 U.S. lives.

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Jaksot(1820)

Trump slams Iranian moves to postpone nuclear talks

Trump slams Iranian moves to postpone nuclear talks

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Trump urges Iran to reopen talks

Trump urges Iran to reopen talks

President Trump says Iran can pick up the phone after cancelling his envoys’ negotiation trip to Pakistan. Axios reports Tehran is to table a new proposal to end the conflict and reopen the Strait of ...

27 Huhti 24min

Trump heralds Israel-Lebanon ceasefire extension

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24 Huhti 26min

Podcast summary: European Q1 earnings in focus

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Nestlé and Heineken both post Q1 earnings beats with LSEG and Roche results out today as well. Tesla also beats in the first quarter however it misses its revenue target and hikes capex expenditure. C...

23 Huhti 25min

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S. President Trump extends the ceasefire with Iran in order to allow for further peace talks to be organised. However, the Strait of Hormuz remains blockaded by both sides with global markets in lim...

22 Huhti 27min

Cook to step down as Apple CEO

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Apple CEO Tim Cook steps down from the role with hardware chief John Ternus chosen to assume the helm from September. Cook, who oversaw a $3.6tn increase in the company’s market cap during his 15-year...

21 Huhti 27min

U.S. Navy seizes Iranian cargo ship

U.S. Navy seizes Iranian cargo ship

The U.S. Navy fires on and seizes an Iranian cargo vessel in the Gulf of Oman with both countries reinstating blockades through the Strait of Hormuz. President Trump says his delegation lead by Steve ...

20 Huhti 25min

Israel-Lebanon 10-day truce begins

Israel-Lebanon 10-day truce begins

A 10-day ceasefire between Israel and Lebanon comes into effect. U.S. President Trump says he sees the conflict with Iran ending soon. Bank of Israel governor Amir Yaron tells CNBC that he expects a d...

17 Huhti 25min

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