Seen bond yields go higher and feel some gains within the financial world. We will get to that in a minute. As you look at the major averages, we are seeing gains across the board. The nasdaq is particular, bouncing off its 50 day moving average, are getting close to it. And the highs of the session here are up 1. 26 . But this is outpacing even the nasdaq, and small caps have regained their recent momentum, now at 1. 6 . But take a look at the bloomberg here. Chart i have been watching since the election because small caps came out so strong postelection, and now they are bouncing, this is a ratio of the russell 2002 the s p 500. They have both been bouncing to some degree or outperforming since the beginning of june. After the financials, to get back there to them, this is trading at its highest in three months. We have the second round of the stress test coming out after the close of trading, and following that we will hear about these Companies Capital return plans, whether they ha
Seen bond yields go higher and feel some gains within the financial world. We will get to that in a minute. As you look at the major averages, we are seeing gains across the board. The nasdaq is particular, bouncing off its 50 day moving average, are getting close to it. And the highs of the session here are up 1. 26 . But this is outpacing even the nasdaq, and small caps have regained their recent momentum, now at 1. 6 . But take a look at the bloomberg here. Chart i have been watching since the election because small caps came out so strong postelection, and now they are bouncing, this is a ratio of the russell 2002 the s p 500. They have both been bouncing to some degree or outperforming since the beginning of june. After the financials, to get back there to them, this is trading at its highest in three months. We have the second round of the stress test coming out after the close of trading, and following that we will hear about these Companies Capital return plans, whether they ha
Looks sunny and calm. Winds will pick up just a little bit saturday which will help boost our temperatures into the 50s and 60s with lots of sun ahead of our next frontal system set to move through saturday night. This will result in a cloudier and cooler day sunday with highs close to 50, strong wind and possibly a quick shower or two. Well end the month of february on a mild note monday with some sun and highs in the 50s before another disturbance moves through that will give the area a decent chance at seeing a rain snow mix monday night and tuesday. Temperatures will briefly fall into the 30s, but should rebound by the end of next week. Have a great weekend see graphics. Wx timer 40 police are still looking for a motive in a deadly series of shootins in kansas2 thursday. The shooter is dead, along with three of his victims. Shot a person in the parking lot of excel industries in hesston, where he worked. Then stormed inside and opened fire. worker he was just unloading on everybody
Approach. How about some first word news from vonnie quinn. President obama urging turkey and russia to put aside their disagreements and focus on defeating the Islamic State. The president met with turkeys later today. The diplomatic crisis arrested after turkey shot down the russian war plan last week. Its threatening to undermine president obamas efforts to expand the Usled Coalition fighting Islamic State. Now, than 90 minutes from the president will hold a News Conference in paris. You can watch that right here on bloomberg tv beginning at 8 25 eastern. Commonsn, the house of is excited to vote tomorrow on Islamic State. Cameronnister david called the vote, he wants british warplanes to begin bombing Islamic State forces in syria. This led to a split in the opposition labor party. Opposes theader attack. Other Senior Labor Party members are in favor. And the u. S. Is making it tougher to enter the country. The government adding new screening requirements to program that lets peopl
Chains are struggling, many customers are coming in for the meat. It is Market Makers here on Bloomberg Television. I am Erik Schatzker. Stephanie i am stephanie ruhle, and im glad we are starting today coming in with the meat. Coming in with the meat . Erik coming in for the meat. Stephanie you know what we need now, a bulletin. Erik abbvie has won the battle for pharmacyclics and will buy the company. It makes a blockbuster blood Cancer Treatment that cost 100,000 a year and has been approved for four blood cancer uses. Johnson johnson had been on the verge of buying pharmacyclics. The European Central bank is releasing details of its stimulus program. At a News Conference in cyprus, ecb president mario draghi says that the sovereign Bond Purchase Program will start next monday. Ecb will be buying 60 billion euros a month of assets through september. 16. This is all part of a plan to invert deflation in the euro zone. The ecb wants to get inflation back up near 2 . China has since se