Provider is set to be added. About theo the ceo companys plan for european expansion. Dubai and a. M. In midday in hong kong. This is bloomberg this is Bloomberg Markets middle east. We are just under two hours away from the opening of the emirates markets, dubai and abu dhabi. Ahead of that, lets set lets set the Global Market turned. Take a look at how the u. S. Markets closed on friday. The big news was the s p 500 getting to an alltime record in the form of 2500 points. Quite an amazing performance. Just over a week ago we were worried about not just to hurricanes, but we also had geopolitical risks. In any case, the dow jones also closed at a record high of 22,275 points. As did the nasdaq. Look at them more macro moves in markets. We had the dollar falling on friday off the back of some weaker than expected retail sales data. Bloomberg dollar index down one quarter of a percent. The yield on 10 year your treasuries topping 2. 2 . Another psychologically important level in the mar
This is Bloomberg Markets middle east. Sinking amid a surge in the dollar. We have bearish options, take a look at this chart, bearish options hedging against a price drop, the most since july 2015. That is a 10 jump. Bullish, contracts bullish contracts you see on the chart. Donald trumps election when led to speculation that increased Infrastructure Spending will push Interest Rates fast. Almost certain december rate hike approaching. The postelection rally continues. Three weeks of widespread gains. Simultaneous highs at the end of last week. The s p, doubt, and nasdaq all closing on friday to hit those record levels. Here in the middle east, we are just under two hours away from the open of the emirates market in dubai and of the dobby. Lets run you through how the market last closed across the region. We saw moves with stocks that are not necessarily responding to specific events or fundamentals. We will get more on that with our markets reporter. Dubai closed 7 10 of 1 down. Abu
Now, at 11 00, weather members of the jury. We have people in washington, cant they get together and help get this mess straightened out . A heated meeting as East Cleveland tries again to become part of the city of cleveland. A black woman killed by a white man, why her friends say it was not r remembering gene wilder who died today at the age of 83. And cutting the cost in half, the maker of the epipen responds to public outcry with a new version of the lifesaving drug. This is channel 3 news at 11 00. She was hit by a man who ran a red light who then got out of his car and shot her with a rifle. Pearl was remembered in cleveland just hours after the man police say killed her faced a judge. Good evening, im mitch mitch. Sarah is off tonight. Chris tye is here with a story that stretches from solon to cleveland. Just after 7 00 saturday morning deb pearl was heading in for an early shift at work on a route through solon she had driven through countless times when changed everything. W