Squawk Box Europe Express

A.I. rally snaps 7-day winning streak for S&P 500


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Fears of a strong A.I.-fueled rally puts an end to a seven-day winning streak for the S&P 500 but gold shows no sign of stopping, breaking through the symbolic $4000/oz level. The U.S. government shutdown enters its second week with little hope of any breakthrough. President Trump has hinted he could deny back-pay for certain federal workers. And BMW is forced to slash its FY sales forecasts on the back of U.S. tariffs and poor Chinese demand. The German auto maker now says a dip on the year looks inevitable.

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Squawk Box Europe ExpressBy CNBC International

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