24 min listen
SQUAWK BOX, FRIDAY 12TH AUGUST, 2022
ratings:
Length:
27 minutes
Released:
Aug 12, 2022
Format:
Podcast episode
Description
The recent U.S. equity rally stalls despite July wholesale prices showing a surprise decline. Treasury yields edge higher on anticipation the Federal Reserve can achieve a ‘Goldilocks’ soft landing. In pharma news, GSK, Sanofi and Haleon all see shares slump due to continuing litigation issues relating to a recalled heartburn drug. UK GDP figures are due out with soaring utility prices set to weigh heavily. And U.S. EV maker Rivian posts a Q2 loss of $1.7bn, sending shares tumbling in after-hours trade. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 12, 2022
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, MONDAY 8TH APRIL, 2019 by Squawk Box Europe Express