About this episode
The S&P posted its strongest day of trade since June as U.S. stocks continue to rebound amid a pull-back in Treasury yields, with fears of higher interest rates easing. Apple jumps up to 5 per cent on the Nasdaq following a Warren Buffett endorsement in his annual letter to investors and after the reopening of its 270 U.S. stores. Video-calling firm Zoom is also in the green, going higher in late trading after it posts a near-370 per cent jump in Q4 revenues. In France, food giant Danone has succumbed to activist pressure to split its top management roles. Emmanuel Faber stays on as chairman but the CEO position is now vacant. And with the prospect of an increase in global energy demand, OPEC+ leaders are reportedly set to agree to hike supplies later this week, driving crude prices lower. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .