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June 29, 2024
Euro stocks have the longest winning streak. Old, flat on the day. The brent spread, could that blowout . There are rumors of a deal extension for more than three months. The morning brief, Goldman Sachs is going to lay out its plan to turn around the performance in its core bond trading unit. We get data for the month of july. At 1 00, the u. S. Treasury will sell 10 year notes. At 1 00, apple will launch a new iphone. That is coming up. The United Nations Security Council imposed sanctions on ...
June 29, 2024
Clearing the path for tax cuts. Its front and center right now. We are about to see some real action. It is on track to happen tonight and if it passes that paves the way to tee up tax reform but do we have that. We are looking at life pictures from capitol hill. I know i am the warmup for sarah sanders. What did you had packed for tonight. In advance do you think thats good to be a long vote. I think were actually can start voting in a few moments. The big news to me is the republicans in the s...
June 29, 2024
Today, all triggered by headlines about the gop tax plan. The big fear for the market, the steep cuts in the Corporate Tax rate may be pushed back until 2019. And with that, stocks sold off, though eventually they cut some of those losses. The dow finished the day down 101 points to23,461. The nasdaq dropped 39. The s p 500 was off nine. The tax wrangling included, today, the passage of the legislation by a house panel. That paves the way for a full house vote next week according to majority lea...
June 28, 2024
Why something would come out of the blue that doesnt let us get to 22,000. These big levels, although meansless in the grand scheme of things do tend to acts like a ceiling or magnet and weve blown through a lot of levels recently so, you know, flip a coin if we do it today, tomorrow. But i dont think that that has anything really to do with what the way forward says a lot of the technicians that i talk to are talkingabout augus being seasonally not a great time, its actually the worst month for...
June 27, 2024
Volatility as a drop down by 5 . It is worth looking at what is going on with verizon shares. They were already higher, so you are not seeing as much reaction there. There had been several questions along the way as to the past tack with yahoo and what effect it would have on this deal. Questions. Some new we will see what happened here. Big news there with verizon scrapping the yahoo deal. As cory johnson told us earlier, its set to work on a plan for yahoo and is going to continue that. Doesnt...
June 27, 2024
The best year since 2010 with energy as the standout sector helped by a 50 jump in crude. Europe treads water amid thin holiday volumes. And Johnson Johnson considers breaking up actelion as part of its takeover plan which it values at 30 billion. Good morning. Welcome to street signs. The last trading day of 2016. This was the picture on wall street going into the last day. A bit of softness. Dow jones industrial average getting further away from that 20,000 mark. The s p 500 closing just barel...
June 26, 2024
Stocks to currencies, the u. S. Election is that can mac. 8 00 across the emirates, 4 00 in london. Past noon. Kong, just welcome to the Bloomberg Markets middle east. Watching the rate hike probability. The fed coming out. No action but all words. As Kathleen Hays said, it is about the direction of where they are going. Take a look and you can see the spike as the markets watch this rate hike probability. All signs point to december holding off as many say is the right thing to do ahead of the ...
June 25, 2024
In the equity markets on this side of the ocean, you can see the european markets as well have steadied to say the least but thats about it. After again a nice twoday rally there, although that ftse, a lot of people saying thats not the one to look at. Yeah, its back to where it was before brexit but thats because most of it is international exposure, not necessarily exposure to domestic uk. Lets get to our road map this morning. It does start with a big day on wall street. Its the end of the fi...
June 25, 2024
Impressive accomplishment. To me it is. Sandra clinton facing new scrutiny of her private email server. House republicans want a new investigation looking into whether clinton perjured herself when testifying on capitol hill. The head of the head of attorney general bavetta lynch appearance today. Britains rally in New Hampshire with Bernie Sanders. Jordan spieth, the latest athletes applauded the lead next. The top four golfers in the world are not playing in the game. Expect to pay more for yo...
June 24, 2024
And 88 years. Starwood hotels snaps of three properties there. Shouldd says marriott improve its takeover bid. Austrias Prime Minister clearing the way for an early election, warning the upper tradeof cracking down on unions, what he calls a handbrake on growth. Do let us know what you think of our top stories. Follow us rishaadtv, include trendingbusiness. ChinaHong Kong Markets underway in 30 minutes. Singapore, taiwan, and malaysia started. Here is david. David some weakness coming through in...