Abigail a bit of a decline. The worst day in more than two weeks as geopolitical decisions that julie was talking about is rattling investors to some degree as we see the decline for the small cap is lower now. Unlike what will seem more feeling, investors are uncertain about what is happening with north korea. This is intraday chart in the bloomberg, a sixday chart. Last week, we had a north korea missile fly over japan and the dow have fallen but today on that day, it turned even and we see it had been climbing higher through the week. Thoseors are looking past geopolitical decisions but we see the big drop for the dow on pace for the worst a day since the middle of august. David over and mainstay capital who has been good in terms of bullish and saying the market is able to look past the broader concerns, he things based on the north korean tensions along with the fact that the durable good numbers was disappointing, it could be a chaotic week for stocks. We are seeing that, but you
In washington could eventually lead to tighter regulation of online advertising. One example of whats being questioned is the 3,000 adverts which facebook said were focused on divisive social and political messages around the election and were bought in russia. Facebook has shared them with congress. In terms of their influence, facebook estimates that they were seen by about ten Million People before and after novembers poll. Tech firms are concerned about the prospect of new regulation, and in the last week or so both twitter and facebook said they will improve Advertising Transparency especially when it comes to political ads. Dave lee explains. I have just received a call from secretary clinton. Nobody disputes the donald trump won the us president ial election. What is under scrutiny now is the extent to which social media sites were manipulated in order to sway the mind of american voters. Russian president Vladimir Putin denies his country has done anything. A whole facebook sai
Over the weekend, a Saudi Exchange just closed. It ended flat on the day. It was down earlier, but an unbelievable comeback. 95 isldings owned. That is down by 5 . Getting ang brent boost on that saudi news. Dollaryen flat on the day. David for headlines outside the Business World we turn to emma chandra. Emma Authorities Say a man walked into a church and opened fire with an Assault Rifle. 26 people were killed and 20 wounded. The suspect was found dead inside his vehicle. One official said he did not appear to be linked to any terrorist groups. President trump and Prime Minister shinzo abe are talking tough on north korea. Abe said he would impose additional sanctions. President trump warned that what he called the era of strategic patients with north korea is over. Broadcom news proposing to buy qualcomm for 70 a share in cash. The 100 billion deal, the question is what kind of fight will qualcomm put up. They are up 3 and broadcom up. 5 . The question is what do broadcom, qualcomm,
Where does kkr see value in the market these days . Head of global Asset Allocation will join us, saying there is opportunity in japan and emerging markets. About 30 minutes into the trading day in the u. S. Abigail doolittle is here to give us a breakdown. Abigail ge is dominating. Right here with the major averages, looking downsides and the lows following last weeks bearish trading action. In. Sellers are stepping when you put it together with bitcoin and highyield credit, both considered on the far yen far end of the risk premium relative to the s p 500 has done something not done until august. Moving back below the level. Turning now to ge. Looking at a intraday chart of ge. Has been allock over the map. The news came out that they are cutting the dividend to . 12 per share. The second time they have done that since the great depression. The stock could trade higher than 2 and then fell off a little bit. As news came out that they were divesting in assets and cutting the board fro
Saudi arabia over the last two weeks. Feels like these days if you want a look at the implications in the oil market you need to be a geopolitical analyst at the same time and know about the ins and outs of the mideastern policy do you think its really just a geopolitical risk premium added to the oil markets is that actually something, the saudi arabia situation, that could impact the balances overall . Well, what were seeing leaving aside the geopolitical tensions for a moment is that there has been lower Production Output in Northern Iraq because of the situation there and we saw, as we said in the report, lower than expected production in one or two other places, algeria, nigeria, venezuela, mexico, lower growth than expected in the u. S added to the fact that stocks are falling as we also see in the report and demand in reasonably strong. There are some underlyingfu fundamental factors that help drive prices, but the situation in the middle east has added further momentum in the u