SQUAWK BOX, TUESDAY 14TH JULY, 2020

SQUAWK BOX, TUESDAY 14TH JULY, 2020

Wild swings on Wall Street… The Nasdaq closes sharply lower despite earlier positivity around approval of Pfizer and Biontech's 'fast-track' vaccine candidate. JPMorgan, Citi and Wells Fargo kick off earnings season amid concerns that banks will have to set aside more money to weather the virus crisis. In China, June imports and exports surprise to the upside with the economy reaping the benefits of both domestic and international lockdowns being lifted. However, Hong Kong rolls back on easing restrictions following a spike in cases across the territory.

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Jaksot(1825)

Washington and Tehran at odds over negotiation claims

Washington and Tehran at odds over negotiation claims

After six days of conflict in the Middle East, President Trump says the Iranian regime is desperate to end the fighting but the country’s foreign minister, Abbas Araghchi, refutes the claims. Washingt...

6 Maalis 27min

Asian stocks rapidly rebound following Wednesday's slump

Asian stocks rapidly rebound following Wednesday's slump

Global equities stage an impressive comeback as traders absorb fears about the conflict in Middle East. Tech and chip stocks lead the way in Asia with South Korea’s Kospi rebounding to potentially pos...

5 Maalis 27min

ROK's Kospi suffers worst market session ever

ROK's Kospi suffers worst market session ever

Equity markets in Asia nose-dive with South Korea’s Kospi posts its worst session in history. Conflict in the Middle East intensifies fears of inflation causing investors to dump tech and semiconducto...

4 Maalis 27min

U.S. ramps up strikes on IRGC sites

U.S. ramps up strikes on IRGC sites

The U.S. strikes at more than 1,000 Iranian sites including IRGC facilities while Tehran retaliates by hitting the U.S. embassy in Riyadh. President Trump says he is prepared to extend the conflict if...

3 Maalis 29min

U.S.-Israeli strikes on Iran intensify

U.S.-Israeli strikes on Iran intensify

U.S. and Israeli strikes on Iran intensify as Tehran retaliates hitting targets across the region including American and British bases. President Trump says the attacks could last for several weeks. C...

2 Maalis 33min

Greens deal major blow to UK's Starmer with Manchester by-election victory

Greens deal major blow to UK's Starmer with Manchester by-election victory

The Green Party wins the Gorton and Denton by-election in Greater Manchester with Labour coming a distant third. The result will pile more pressure and scrutiny on Prime Minister Sir Keir Starmer ahea...

27 Helmi 45min

Nvidia posts blockbuster quarter but markets remain cautious

Nvidia posts blockbuster quarter but markets remain cautious

Amid continuing A.I.-related jitters, Nvidia posts another set of stellar quarterly results but Salesforce disappoints with revenue forecasts coming in below analysts’ expectations. However, both comp...

26 Helmi 26min

Trump hails U.S. economy during record SOTU address

Trump hails U.S. economy during record SOTU address

President Trump delivers the longest SOTU speech in history to defend his second-term record. Trump highlighted progress made on the economy and hailed the ‘golden age’ of America. Several new tech pa...

25 Helmi 25min

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