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SQUAWK BOX, TUESDAY 2ND FEBRUARY, 2021

SQUAWK BOX, TUESDAY 2ND FEBRUARY, 2021

FromSquawk Box Europe Express


SQUAWK BOX, TUESDAY 2ND FEBRUARY, 2021

FromSquawk Box Europe Express

ratings:
Length:
30 minutes
Released:
Feb 2, 2021
Format:
Podcast episode

Description

Equities have rebounded following their worst week since October. Every S&P 500 sector is in the green with further optimism on the back of earnings due from Pfizer, Exxon Mobil, Amazon and Alphabet. Meanwhile, silver comes off an 8-year high. Posts on WallStreetBets deny retail investor Reddit groups are involved in the price move. U.S. President Joe Biden meets with GOP senators but rejects calls to scale back his $1.9tn virus stimulus bill. Republicans are still hoping for a compromise on the final figure. And in Europe, the vaccine roll-out row intensifies. European Commission President Ursula Von Der Leyen now blames her deputy Valdis Dombrovskis for the climbdown on vaccine export controls. We also hear exclusively from Baker Hughes CEO Lorenzo Simonelli who tells CNBC the energy sector will recover this year as it adjusts to working with the new U.S. administration.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 2, 2021
Format:
Podcast episode

Titles in the series (100)

CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Geoff Cutmore, Steve Sedgwick and Karen Tso engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.