SQUAWK BOX, FRIDAY 19TH JANUARY, 2024
from Squawk Box Europe Express
We are live in Davos where Ukrainian foreign minister Dmytro Kuleba tells CNBC he feels reassured by the Biden administration’s commitment to military aid for his country and that the tone of discussions remains constant. U.S. jobless claims hit a 16-month low while U.S. Tech stocks fuel a rebound on Wall Street. The Dow and the S&P 500, however, are set for their second negative week in three. In the Red Sea, Houthi rebels hit a U.S. owned commercial vessel just hours after President Joe Boden talks down the effectiveness of strikes on Yemen. KSA finance minister Mohammed Al-Jadaan tells this channel his country is desperate to de-escalate tensions in the region. Former BoE governor Mark Carney claims that whatever the result of the U.S. elections this November, the President will be faced with a rapidly transforming energy and intelligence scenario. In Washington, U.S. lawmakers manage to avert a partial government shutdown until March passing a stop-gap bill. And in M&A news, online community site Reddit is reportedly eyeing an IPO in early March, putting up to 10 per cent of its stock for sale.
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