Slowing traffic. U. S. Markets close in two hours time, lets get check on where stocks are very we seem to be a standstill today. Never record, we have some red on the dow and s p 500, the nasdaq on pace for a potential record close read record close. The tech heavy nasdaq again on pace for a record close if it happens, the first since june 9. Not so far from a potential alltime high. Lets take a look at the chart on the bloomberg. Of until just recently, tech have been pulling back. Represents the money flows and the qqq q are associated with the nasdaq. Green flows income red flows out. You see the tech fullback, the qqq to higher. Netflix shares are absolutely soaring on the day, it would take a look at the today chart of netflix, we see the stock is up in a huge way on a big subscriber beat. 15 over the last two days. They put up 5. 2 million subscribers versus the estimate of 3. 2 3 million. Really knocking it out of the park. Much of that from international growth, which is what
Slowing traffic. U. S. Markets close in two hours time, lets get check on where stocks are very we seem to be a standstill today. Never record, we have some red on the dow and s p 500, the nasdaq on pace for a potential record close read record close. The tech heavy nasdaq again on pace for a record close if it happens, the first since june 9. Not so far from a potential alltime high. Lets take a look at the chart on the bloomberg. Of until just recently, tech have been pulling back. Represents the money flows and the qqq q are associated with the nasdaq. Green flows income red flows out. You see the tech fullback, the qqq to higher. Netflix shares are absolutely soaring on the day, it would take a look at the today chart of netflix, we see the stock is up in a huge way on a big subscriber beat. 15 over the last two days. They put up 5. 2 million subscribers versus the estimate of 3. 2 3 million. Really knocking it out of the park. Much of that from international growth, which is what
Create a reality check. Betty this is daybreak asia, live from bloombergs u. S. And asian headquarters. I am betty liu in new york, it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. I am yvonne man. The repeal of obamacare effectively dead in congress. What does this mean for President Trumps agenda is the big question. An unsettling move where the dollar is going. Betty it prompted the president to come out and talk about how many bills have been passed so to offset tenure these growing doubts. Get bigether he can measures passed through congress. That is causing uncertainty in the markets. We did close at a record, but it hardly feels that way after the initial losses this morning. Yvonne if you cant get health care, how much harder will it be to get tax reform and infrastructure . A lot of this week will be about Central Banks, and the boj starting that today meeting. The ecb with that decision, the 800 pound gorilla, on thursday. Hitting the dollar h
Boe, ecb, andand. Oj no change expected. The bond line program remaining the same as they try to prop up that yield curve. Btv 827, this is found the boj monetary reserve balances have crept up and up and up. This is the performance of the the etf25, reflecting and bond buying program. Helped along by stability here, the yellow line, the yen. Hours from that Rate Decision out of tokyo. Haidi thats right. Despite the boj expected to stand pat, we are watching whether they will lower lifttion forecast and growth forecast, and taking a look at these two members of the boj stepping down after this week, two champions of aggressive action when it comes to inflation. We are 30 minutes away from the open in hong kong, china. For the asian session, looking mixed and tepid. Even though we had record highs overnight,and nasdaq it but live how tired investors are feeling. The theme that carried over was the drop in treasury yields, 2. 7 , and the dollar at an 11 month low. Concerns around the tep
Chipotle today its a new problem but its an old problem. The stock sinking on news a restaurant in virginia closed after a number of customers became severely ill after eating there. Well tell you where it is i guess i just did, and how chipotle is handling that issue coming up. Lets start with the financials weighing on the dow. Goldman sachs the biggest loser after its Earnings Report out this morning wilfred frost is here to break that down for us. Goldman sachs failed to navigate the market as they aspired following another good quarter in the markets and currencies business. Heres their show Martin Chavez. The primary driver for the declines sequentially are year on year. Was lower client activity with all the drivers that we that we discussed, lower volatility, less dispersion, less opportunity. Commodities is a story of challenges on all fronts, and there was lower client activity and also a difficult marketmaking environment. This was the worst ever quarter for commodities sinc