US Stocks Surge to New All-time High, Powell Begins Testimony to Congress | The Opening Trade 07/09

European stocks look set to follow the US higher after another record close for the S&P 500. Investors await Jerome Powell's testimony to Congress and any guidance on Fed rate cuts. A defiant President Biden prepares to host NATO leaders in Washington today - with the summit at risk of being overshadowed by political turmoil across the alliance. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Tom Mackenzie and Kriti Gupta.

00:00:00 - Intro
00:01:11 - Start of The Agenda
00:13:44 - UBS' Paul Donovan Speaks
00:23:44 - What's Next for French Elections?
00:34:49 - S&P 500, Nasdaq Hit Record Highs
00:46:15 - European Market Open
01:05:45 - Airbus, Boeing Performance
01:11:49 - Embattled Biden, Weakened Allies Fuel Doubts at NATO’s 75th
Le Pen, Salvini to Join Orban’s New Far-Right EU Alliance
01:23:32 - United Kingdom's New Parliament After Starmer Win

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More on Bloomberg Television and Markets

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Connect with Bloomberg Business on:
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TikTok: https://www.tiktok.com/@bloombergbusi...
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More from Bloomberg:
Bloomberg Radio:   / bloombergradio  

Bloomberg Surveillance:   / bsurveillance  
Bloomberg Politics:   / bpolitics  
Bloomberg Originals:   / bbgoriginals  

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