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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Episoder(1822)

SQUAWK BOX, MONDAY 13TH JULY, 2020

SQUAWK BOX, MONDAY 13TH JULY, 2020

Risk-on appetite continues despite another record increase in global Coronavirus infections. U.S. case numbers alone rise to 3.3mn. The White House announces it will levy 25 per cent tariffs on French...

13 Jul 202025min

SQUAWK BOX, FRIDAY 10TH JULY, 2020

SQUAWK BOX, FRIDAY 10TH JULY, 2020

Wall street divergence... The Nasdaq hits another record high as investors continue to bet on big tech stocks. The Dow and the S&P 500, however, slip into the red following a volatile session. The U.S...

10 Jul 202021min

SQUAWK BOX, THURSDAY 9TH JULY, 2020

SQUAWK BOX, THURSDAY 9TH JULY, 2020

Back into the green … the Nasdaq leads U.S. indices with a new record close as Apple hits an all-time high along with other big tech sector gains. In Europe, SAP enjoys a cloud boost as software licen...

9 Jul 202023min

SQUAWK BOX,  WEDNESDAY 8TH JULY, 2020

SQUAWK BOX, WEDNESDAY 8TH JULY, 2020

U.S. markets see recent gains pared back as the tech rally begins to lose steam but gold holds at its highest level for 8 years. Investors turn risk-off after confirmed Covid-19 cases Stateside top 3 ...

8 Jul 202023min

SQUAWK BOX, TUESDAY 7TH JULY, 2020

SQUAWK BOX, TUESDAY 7TH JULY, 2020

U.S. Covid-19 cases spike by 250,000 in five days but markets are undeterred, closing firmly in the green. White House health advisor Dr Anthony Fauci says there are increased numbers of young people ...

7 Jul 202024min

SQUAWK BOX, MONDAY 6TH JULY, 2020

SQUAWK BOX, MONDAY 6TH JULY, 2020

Chinese stocks rally to four-month highs with the CSI 300 marking its best day since February 2019 as investors bet on a re-opening boom following the COVID-19 pandemic. However, the WHO reports a rec...

6 Jul 202023min

SQUAWK BOX, FRIDAY 3RD JULY, 2020

SQUAWK BOX, FRIDAY 3RD JULY, 2020

Record highs…the U.S. sees a daily spike of more than 50,000 Coronavirus infections but President Trump says the June non-farm payroll numbers of 4.8 million new jobs proves the economy is “roaring ba...

3 Jul 202022min

SQUAWK BOX, THURSDAY 2ND JULY, 2020

SQUAWK BOX, THURSDAY 2ND JULY, 2020

Re-opening reversal. Some of the largest U.S. states are forced to review their lockdown easing measures, with Apple shutting more stores and McDonald’s postponing in-house dining, as cases spike by a...

2 Jul 202024min

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