Friday, July 03, 2020

Today's Headlines

Bloomberg:
  • Europe Stocks Decline With U.S. Futures; Oil Slips: Markets Wrap. U.S. futures and European stocks dropped on Friday as investors mulled a reported conflict among policy makers over a stimulus package for the single-currency region, as well as political upheaval in France. The Stoxx 600 Index fell after Bloomberg News reported the European Central Bank is facing a potential rift over how much their emergency bond-purchase program should stay weighted toward weaker countries such as Italy. The euro fluctuated following French President Emmanuel Macron’s decision to name a new prime minister after asking his government to resign. Rolls-Royce Holdings Plc slumped after the British jet-engine maker said it’s exploring options to raise funds to strengthen its balance sheet. Futures on the S&P 500 Index decreased 0.4%. The Stoxx Europe 600 Index declined 0.8%. The MSCI Asia Pacific Index rose 1%. The MSCI Emerging Market Index gained 1%.
Fox News:
Zero Hedge:
Business Insider:

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