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What is happening in the u. S. Where indices are off their lowes of the day. Still a sea of red across the main boards led by greece. Italy is down by 1. 5 . Portugal 1. 9 lower. The stoxx 600 falling for the sixth day. It was down by 1. 6 and the biggest drop since september 2016. The biggest today slump since july 2016. We had the biggest weekly slot since november 2016. The dollar is in the ascendance today with all these currencies trading lower. Bond yields are declining so the haven that i...

Islands east coast. There are also reports of people trapped inside a hotel. A french prosecutor is asking for a four year prison term for a man accused of hiding killers and Islamic State attacks in paris. He knew he was harboring criminals and that there wasnt enough evidence to prove he was involved in a violent attacks. He is called for the maximum fiveyear sentence for knowing who the men were and what they were plotting. The attacks killed 130 people. Calledassanges lawyers it warned to be...

Is the context here. Stocks are a little bit lower, but its from elevated levels. Interest rate sensitive stocks are leading declines with bond yields pushing higher today. To put it in perspective, we have seen an enormous rally already and stocks thus far this year. Take a look at the bloomberg with the s p 500 up 7 . We have seen 2 trillion added to the value of u. S. Stocks alone, not even global stocks. That is the most on record. We have seen a lot of wealth added as a lot more people have...

Rates and when rates go up, stock investors get nervous. Some will take their money off the table. Cash in profits and head for safety. Also, this has been such an explosive rally since the election of donald trump that some kind of pause is inevitable. It goes without saying that no market goes straight up forever. Call it what you like. Pause, correction, pull back, as of right now the sellers appear to be running this show. How far down do we go . Dont know. Buy this dip . How strong is your ...

Sedition charges. Pope francis said today that countries have a responsibility to fight antisemitism and the quote virus of indifference that threatens to erase the memory of the holocaust. Popes remarks come as the largely Roman Catholic poland considers legislation that would pulllaming bullocks climate thehe crimes of the holocaust. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. In hongits 1 00...

Good morning, everybody. This is bloomberg daybreak europe. We will get into the big picture story in a moment. Breaking news. We are waiting for the Banking Sector to wake up with bnp numbers. Numbers coming through. Lets talk about what they have got to say this morning. They have decided to accelerate the pace of investment. Fourthquarter net interest income. That is ahead of the estimate of 6. 27. They have increased their mortgage volume income. This is a bank that is very exposed to the sw...

Im also looking at the treasury yields. You can see that 10year at 2. 77. Things are stabilizing somewhat. Gold had a big move it yesterday as a hedge against all the volatility. Old is still up. We will hit the latest market moves. Oil. Also talk crude on, weittle bit later will be joined by blackrock. I want his take on investing in the markets. Lets get straight to the first reviews. The u. S. House of representatives had passed a stopgap spending bill to fund the government until march 23. A...

Whether or not to block its release and House Intel Committee chairman devon nunes says hes not done exposing corruption in our government. Chairman nunes says the release of the surveillance help o is just phase i of his investigation. The next phase will involve probing the state department for what he calls irregularities. Our special guest tonight is congressman ron desantis and hes one of the republicans calling for a Second Special counsel to investigate antitrump bias and corruption in ou...

And im Courtney Reagan in this morning for sara eisen. The last nights Grammy Awards this is bruno mars 24 karat album. Took home the album of the year. But i hear he won basically the award. He was basically the big winner in once again it was a politicized ceremony well definitely have the highlights checking the markets, coming offer the back of a strong week. The s p and all three indices were up more than 2 for the week as a whole. We talk about a big start to the year, its also been a broa...

People, we will deport people, we will find a way around it. Of the the u. K. Is out european union, it will end the automatic right of people for the 27 nation bloc to live and work there. The Trump Administration has imposed a new round of sanctions on north korea over its weapons program. New penalties target the oil industry in north korea and shipping company and also people and entities in russia and china accused of supporting north korea. Global news 24 hours a day, powered by more than ...