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SQUAWK BOX, TUESDAY 9TH FEBRUARY, 2021

SQUAWK BOX, TUESDAY 9TH FEBRUARY, 2021

FromSquawk Box Europe Express


SQUAWK BOX, TUESDAY 9TH FEBRUARY, 2021

FromSquawk Box Europe Express

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)

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.