19 min listen
SQUAWK BOX, TUESDAY 9TH FEBRUARY, 2021
ratings:
Length:
26 minutes
Released:
Feb 9, 2021
Format:
Podcast episode
Description
U.S. equities and the Russell Index take a bullish turn once more with the Dow and the S&P 500 marking their longest winning streaks since August. Meanwhile, Tesla buys $1.5bn in Bitcoin, announcing plans to accept it as payment. The move pushes the cryptocurrency and its rivals Ethereum and Dogecoin to record highs. On the macro level, Goldman Sachs hikes its U.S. growth forecast after improving its baseline stimulus scenario. This, as Democrats look set to earmark nearly $50bn of the relief plan for the transport sector including $14bn for airlines, boosting shares in major carriers as a result. In energy news, oil reaches a 13-month high to pre-pandemic levels on hopes of global demand beginning to recover. And former President Donald Trump’s second impeachment trial is to kick off in the Senate later today.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 9, 2021
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, TUESDAY 12th MARCH, 2019 by Squawk Box Europe Express