LHR shut after massive electrical fire

LHR shut after massive electrical fire

London’s Heathrow is shut with all flights cancelled or diverted following a massive sub-station fire knocks out power to the airport and to nearby neighbourhoods. The Dow and S&P 500 are slightly in the green to eke gains for the week but U.S. equities remain under pressure. DoubleLine Capital’s Jeffrey Gundlach believes a recession is a possibility. Brussels delays retaliatory tariffs on the U.S. by two weeks, pushing for further dialogue with the Trump administration. And in shipping news, Hapag-Lloyd suffers a 19 per cent fall in FY profits. CEO Rolf Habben-Jansen tells CNBC tariffs concerns are weighing on the sector.

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Jaksot(1821)

SQUAWK BOX, TUESDAY 17TH MARCH, 2020

SQUAWK BOX, TUESDAY 17TH MARCH, 2020

The worst day since Black Monday…the Dow suffers a 3,000-point sell-off in its third-biggest loss ever, and the most dismal day since 1987. The market’s volatility gauge - the VIX - swings to a record...

17 Maalis 202025min

SQUAWK BOX, MONDAY 16TH MARCH, 2020

SQUAWK BOX, MONDAY 16TH MARCH, 2020

Big bazooka…the U.S. Federal Reserve launches a round of emergency measures, cutting interest rates by 100 points to zero, initiating a $700Bn QE programme, which includes treasuries and mortgage-back...

16 Maalis 202032min

SQUAWK BOX, FRIDAY 13TH MARCH, 2020

SQUAWK BOX, FRIDAY 13TH MARCH, 2020

The worst session since Black Monday in 1987. The Dow sheds another 10% as the Fed's $1.5 tn cash injection fails to stem the declines. But US futures turn cautiously higher and Asian stocks come off ...

13 Maalis 202027min

SQUAWK BOX, THURSDAY 12TH MARCH, 2020

SQUAWK BOX, THURSDAY 12TH MARCH, 2020

A Transatlantic Travel Ban. President Trump bans travel between the U.S. and Europe and blames the Continent for 'seeding' virus hotspots in the States, sending US futures sharply lower. It’s the end ...

12 Maalis 202024min

SQUAWK BOX, WEDNESDAY 11TH MARCH, 2020

SQUAWK BOX, WEDNESDAY 11TH MARCH, 2020

In a special edition of the Squawk Podcast, we bring you two parts of our 3 hour programme. Part 1: A whipsaw session as US stocks swing from a 900 point rally, to the brink of bear market, and back a...

11 Maalis 202036min

SQUAWK BOX, TUESDAY 10TH MARCH, 2020

SQUAWK BOX, TUESDAY 10TH MARCH, 2020

Rebounding from a historic rout. U.S. markets come close to entering bear market territory after the Dow sinks 2,000 points as virus fears and an oil price war knock 5 trillion dollars from stocks. Bu...

10 Maalis 202026min

SQUAWK BOX, MONDAY 9TH MARCH, 2020

SQUAWK BOX, MONDAY 9TH MARCH, 2020

Oil price war. Crude prices crash 30 percent in the worst day since the Gulf War, as Saudi Arabia floods energy markets, looking to punish Russia for obstructing OPEC-Plus output cuts. Asian stock mar...

9 Maalis 202026min

SQUAWK BOX, FRIDAY 6TH MARCH, 2020

SQUAWK BOX, FRIDAY 6TH MARCH, 2020

A week of swings… The Dow suffers another near-1,000 point drop, as Coronavirus fears take hold again while Asian equities move deeper into the red. The yield on the U.S. 10-year treasury falls to ano...

6 Maalis 202027min

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