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SQUAWK BOX, FRIDAY 19TH JUNE, 2020

Author
CNBC International
Published
Fri 19 Jun 2020
Episode Link
None

U.S equities head in different directions. The Dow closes slightly lower, as states like Arizona log record virus cases, diverging from the Nasdaq, which posts its first 5-day winning streak in a month. McDonalds plans to beef up its workforce this summer, with plans to hire 260-thousand people, as the fast food giant begins returning to normal operations in the US. Staying in America, the Supreme Court deals a blow to President Trump, declaring that his plan to end an Obama-era youth immigration protection plan is unlawful. Meanwhile in Germany, shares in Wirecard close down over 60 percent after the payments group admits 1 point 9 billion euros has gone missing, saying it believes a third party has tried to deceive its auditor.

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