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, FRIDAY 19TH JUNE, 2020

SQUAWK BOX, FRIDAY 19TH JUNE, 2020

U.S equities head in different directions. The Dow closes slightly lower, as states like Arizona log record virus cases, diverging from the Nasdaq, which posts its first 5-day winning streak in a mont...

19 Jun 202024min

SQUAWK BOX, THURSDAY 18TH JUNE, 2020

SQUAWK BOX, THURSDAY 18TH JUNE, 2020

Trade tensions return after the US government pulls out of talks with European countries over their digital tax plans, dashing hopes of a global deal and reviving the prospect of tariffs. Brussels lau...

18 Jun 202025min

SQUAWK BOX, WEDNESDAY 17TH JUNE, 2020

SQUAWK BOX, WEDNESDAY 17TH JUNE, 2020

A retail rebound …. U.S. retail sales jump a record 17.7 per cent in May, beating expectations and helping the Dow close more than 500 points higher. But Fed chair Jerome Powell warns of significant u...

17 Jun 202027min

SQUAWK BOX, TUESDAY 16TH JUNE, 2020

SQUAWK BOX, TUESDAY 16TH JUNE, 2020

A big comeback for stocks, as US futures surge after Wall Street swings back from a negative session and the Nikkei gains more than 4 percent. The Fed says it will begin buying individual corporate bo...

16 Jun 202024min

SQUAWK BOX, MONDAY 15TH JUNE, 2020

SQUAWK BOX, MONDAY 15TH JUNE, 2020

Asian stock markets and US Futures begin the week in the red, after the Dow posts its worst weekly performance since the middle of March. This as Chinese industrial output in May misses expectations a...

15 Jun 202022min

SQUAWK BOX, FRIDAY 12TH JUNE, 2020

SQUAWK BOX, FRIDAY 12TH JUNE, 2020

The worst moves since March... The Dow Jones falls by almost 7 per cent, breaking a three-week winning streak. The broad market sell-off means all the major U.S. averages suffer their worst performanc...

12 Jun 202027min

SQUAWK BOX, THURSDAY 11TH JUNE, 2020

SQUAWK BOX, THURSDAY 11TH JUNE, 2020

Lower for longer…the U.S. Federal Reserve promises to keep rates near zero until at least 2022 to support the economic recovery in the wake of the Coronavirus pandemic, with chair Jerome Powell emphas...

11 Jun 202023min

SQUAWK BOX, WEDNESDAY 1OTH jUNE, 2020

SQUAWK BOX, WEDNESDAY 1OTH jUNE, 2020

Big tech breaks out… FAANG stocks help the Nasdaq briefly pass through the 10,000-point mark for the first time, while the Dow suffers its worst day in three weeks, snapping a six-day winning streak. ...

10 Jun 202024min

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