25 min listen
SQUAWK BOX, WEDNESDAY 19TH MAY, 2021
ratings:
Length:
24 minutes
Released:
May 19, 2021
Format:
Podcast episode
Description
Global markets follow Wall Street into the red after telco and tech stocks wipe out U.S. gains ahead of Fed minutes being published today. U.S. retail giants, however, beat forecasts. Walmart and Macy’s hike guidance and Home Depot hits record Q1 sales. European car registrations are due out today, while President Biden outlines plans to pump $174bn into American-made EVs, vowing to rival China in the sector. Italian investment banking heavyweight Andrea Orcel is set to appear in court regarding his withdrawn CEO position offer by Santander, albeit with a greatly reduced claim against the Spanish bank. And France begins a tentative reopening of its bars, cafes and restaurants following 6 months of lockdown. Travel and curfew restrictions are also being relaxed.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 19, 2021
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, WEDNESDAY 27TH MARCH, 2019 by Squawk Box Europe Express