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SQUAWK BOX, TUESDAY 11TH AUGUST, 2020
Manage episode 269350120 series 2508762
Asian markets rally, following U.S. stocks into the green with the Hang Seng and Nikkei leading the pack. Investors opt out of the tech sector and move towards cyclical stocks. U.S. lawmakers remain divided over the virus relief package, but Treasury Secretary Steven Mnuchin tells CNBC that President Trump’s strategy will yield results in reviving the economy. In Lebanon, the government resigns following last week’s massive port explosion and ongoing protests. Outgoing Prime Minister Hassan Diab blames endemic corruption for the tragedy. And German drug developer Curevac hopes to raise $245m to fund a potential Covid-19 vaccine by listing on the Nasdaq.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1304 פרקים
Manage episode 269350120 series 2508762
Asian markets rally, following U.S. stocks into the green with the Hang Seng and Nikkei leading the pack. Investors opt out of the tech sector and move towards cyclical stocks. U.S. lawmakers remain divided over the virus relief package, but Treasury Secretary Steven Mnuchin tells CNBC that President Trump’s strategy will yield results in reviving the economy. In Lebanon, the government resigns following last week’s massive port explosion and ongoing protests. Outgoing Prime Minister Hassan Diab blames endemic corruption for the tragedy. And German drug developer Curevac hopes to raise $245m to fund a potential Covid-19 vaccine by listing on the Nasdaq.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1304 פרקים
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