Squawk Box Europe Express

It’s a fifth straight day of gains for the Dow since May. Retail stocks have been particularly resilient. Walmart ups its full-year guidance after beating both Q2 revenue and earnings forecasts. Share...

17 Aug 202224min

The U.S. markets rally continues with the Dow closing above its 200-day moving average for the first time in four months. Disney shares are up on the news that investor Daniel Loeb’s Third Point is to...

16 Aug 202227min

Weaker-than-expected retail and factory data prompts the Chinese central bank to slash the key lending rate as its zero-Covid strategy continues to impact the country’s economy. The S&P 500 posts its ...

15 Aug 202222min

The recent U.S. equity rally stalls despite July wholesale prices showing a surprise decline. Treasury yields edge higher on anticipation the Federal Reserve can achieve a ‘Goldilocks’ soft landing. I...

12 Aug 202227min

The Nasdaq bounces back to bull market territory following yesterday’s better-than-expected inflation report. U.S. President Joe Biden says a lot more needs to be done to bring prices down. Treasury y...

11 Aug 202228min

Expected U.S. inflation data causes both U.S. and Asian equities to fall, with consumer prices rising at their fastest rate in 2 years. Chip maker Micron posts a weaker-than-expected forecast with con...

10 Aug 202224min

The recent U.S. equity rally pauses with the Nasdaq and S&P 500 both closing lower ahead of tomorrow’s inflation report. Chip maker Nvidia issues a Q2 profit warning due to slumping gaming sales. In C...

9 Aug 202224min

U.S. non-farm payrolls surprise to the upside which help to ease recession fears but also bump up Treasury yields as investors anticipate further Fed rate hikes. Chinese exports see faster-than-expect...

8 Aug 202226min