SQUAWK BOX, TUESDAY 25TH AUGUST, 2020

SQUAWK BOX, TUESDAY 25TH AUGUST, 2020

Asian markets near a two-year high, following the new record set by the S&P 500 on the back of Covid-19 vaccine optimism. Washington and Beijing both signal progress in renewed trade talks. The Dow closes above the 28,000-mark after a major reshuffle which sees Exxon Mobil, Pfizer and Raytheon Technologies substituted by Salesforce, Amgen and Honeywell. At the Republican National Congress in Charlotte, North Carolina, President Trump officially accepts the presidential nomination and warns that Democrats are aiming to ‘steal’ the election in November. And in a world first, there is confirmation a 33-year-old Hong Kong man has been re-infected with Coronavirus for a second time.

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Episoder(1824)

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 Apr 27min

Cook to step down as Apple CEO

Cook to step down as Apple CEO

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 Apr 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 Apr 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 Apr 25min

Wall Street surges as Iran peace hopes rise

Wall Street surges as Iran peace hopes rise

The S&P 500 and Nasdaq post new record highs as investors signal hopes for an end to the ran conflict. The positive sentiment has also affected Asian equities with the Nikkei leading gains. The U.S. a...

16 Apr 27min

Trump eyes resumption of Iran talks

Trump eyes resumption of Iran talks

U.S. President Trump says peace talks with the Iranian regime could resume in Pakistan within days. Speaking to CNBC at the IMF spring meetings, Pakistani finance minister Muhammed Aurangzeb said he w...

15 Apr 27min

U.S. navy launches blockade of Iranian ports

U.S. navy launches blockade of Iranian ports

The U.S. navy begins its blockade of Iranian ports in the Strait of Hormuz. However, there are signs of further dialogue which have helped crude prices to drop back under $100 per barrel. President Tr...

14 Apr 29min

U.S. moves to blockade Strait of Hormuz

U.S. moves to blockade Strait of Hormuz

Following failed U.S.-Iran peace talks in Islamabad over the weekend, Washington moves to blockade ships exiting or entering Iranian ports in the Strait of Hormuz. Oil prices surge on the news while A...

13 Apr 27min

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