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SQUAWK BOX, TUESDAY 19TH OCTOBER, 2021
Manage episode 304952974 series 2874694
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The S&P 500 is in the green for the fourth day running ahead of key U.S. earnings. Industrial production Stateside, however, slumps to a more than six-month low. Alibaba’s Hong Kong shares trade higher following the launch of a new server chip for its cloud unit which could directly compete with Amazon and Microsoft. And Apple shares jump as investor’s cheer the tech giant’s newly launched Air Pods and MacBooks powered by its in-house semi-conductors, further breaking away from Intel. We are also live at the UK Global Investment Summit in London where Prime Minister Boris Johnson is due to announce almost £10bn of UK business commitments in an attempt to attract investors from around the world after Brexit and the Covid pandemic.
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