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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Avsnitt(1822)

SQUAWK BOX, TUESDAY 9TH JUNE, 2020

SQUAWK BOX, TUESDAY 9TH JUNE, 2020

U.S. markets surge with the Nasdaq closing at a record high and the S&P 500 turns positive for 2020 as investors wait on this month’s Federal Reserve rate decision. Veteran hedge fund manager Stanley ...

9 Juni 202024min

SQUAWK BOX, MONDAY 8TH JUNE, 2020

SQUAWK BOX, MONDAY 8TH JUNE, 2020

Something to work on… Asian markets rise on an unexpected jump in U.S. employment but questions linger over whether misclassifications kept the unemployment rate lower in May. In energy news, oil rall...

8 Juni 202025min

SQUAWK BOX, FRIDAY 5TH JUNE, 2020

SQUAWK BOX, FRIDAY 5TH JUNE, 2020

Big Bazooka…Italian bond yields fall after ECB President Christine Lagarde announces an almost €600bn extension to its pandemic support package in order to help offset the sharp growth contraction thr...

5 Juni 202026min

SQUAWK BOX, THURSDAY 4TH JUNE, 2020

SQUAWK BOX, THURSDAY 4TH JUNE, 2020

Markets undeterred… the S&P 500 posts its longest winning streak since February. This, despite the ongoing unrest across the U.S., as well as divisions over the response within the White House. The EC...

4 Juni 202025min

SQUAWK BOX, WEDNESDAY 3RD JUNE, 2020

SQUAWK BOX, WEDNESDAY 3RD JUNE, 2020

U.S. tensions continue with the Pentagon moving 1,600 troops to the Washington D.C. area in anticipation of more violence following the police killing of George Floyd. The U.S. government launches a p...

3 Juni 202024min

SQUAWK BOX, TUESDAY 2ND JUNE, 2020

SQUAWK BOX, TUESDAY 2ND JUNE, 2020

President Trump vows to send in the army should state governors fail to quell the violent protests raging across U.S. cities following the police killing of George Floyd. Some Facebook employees stage...

2 Juni 202024min

SQUAWK BOX, MONDAY 1ST JUNE, 2020

SQUAWK BOX, MONDAY 1ST JUNE, 2020

Anger in America… protests and looting rage on across the U.S. following the police killing of a black man in Minneapolis. Curfews have been imposed and the National Guard is called in to quell the vi...

1 Juni 202027min

SQUAWK BOX, FRIDAY 29TH MAY, 2020

SQUAWK BOX, FRIDAY 29TH MAY, 2020

Talking tough… Asian equities fall, with the Nikkei retreating from three-month highs as President Trump says he is “not happy” with Beijing following its approval of a controversial Hong Kong securit...

29 Maj 202023min

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