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The trumps Economic Advisory council member. It gets even more dangerous for baby buffet. Bill ackman may be getting caught in the barbed wire. With the foxbusiness exclusive could there be prison terms for some people involved in that. What you see on the screen is a hat trick. Theyre at lifetime records right now. We will show you it. Is that where you should be investing. For less than an hour to the closing bell. Lets start the countdown. Liz look at this. Breaking news. Is trampling the bears where theyre at it. They are all hitting lifetime highs right now. Will they close their remains to be seen but right now you can see its up 123 points. The s p better by ten. You can see they are bringing up the rear here a full half a . Oil settles at 43. 49. Four and a third . What happened. They are saying that members and non opec members may take action to stabilize prices in an informal meeting in algeria in september. I had be ....
We are reunited and stocks are up, what a difference a day makes. It is a two day gain since 2011, banks are up. I wonder how long it will last. Guy i spoke to a number of people this morning and they do not think this will last until the end of the week and that it is a kneejerk reaction. That was certainly the view that was held. Francine lets get to the bloomberg first word news. A global stocks extended their rebound to kick off the week, gaining traction amid losses that a their market was expected. The stoxx 600 appears headed for its biggest two day advance in more than four years. Hsbc has decided to keep its Global Headquarters in london, saying the u. K. Is a globally connected economy. Ceo said in a phone interview that written leaving the eu would affect the bank the most. U. K. Has been based in the for 23 years and says remaining there is the best option. Banks are taking a hatchet to their bond trading business ....
All closing at a record high on the same day for the first time in about 16 years. The big winners were energy and utility stocks. The nasdaq isnt taking part in the party at this point. If he check out the futures this morning, right now you see there are some red arrows. These are modest declines at this point. The dow futures down by 1. 5 points, dow down by 9. 5 points and the nasdaq down by 3. 5 points. Policymakers in europe are expected to stick with current plans keeps rates at record loys. But there is growing disagreement between ecb members and mario draghi. Here at home, two big economic reports to watch this morning. Both of them set to be released at 8 30 eastern time. We have weekly jobless claims seen at dipping at 285,000. Well be getting a first read on Third Quarter productivity and, andrew, ill send it over to you. Lets talk about some Corporate News this m ....
By businesses but in europe and china and its and network. Its complicated and complex as just about anything thats around when it comes to all the individuals that are involved. Its not as one of our colleagues said picking up the phone and calling wall street and telling them to settle down. So my question is, well, i just went on the web and said okay, what about treasury . Just google treasuries and all the things, most important market indicator, way more important than the dow and the s p. How important it is in a number in the economy because of the Interest Rates being pegged off of this Interest Rate. And so here we are now basically almost talking the Interest Rate up with the talk in d. C. In the last 48 hours i wish i could print out this chart because we have seen a spike, a dramatic spike from. 03 , to point ....
As we heard from some of the government speakers in terms of whether it is embraced or not we have seen a lot of companies talk about how they are applauding the release of the framework and that includes at t, the chairman spoke of the release at the white house, there is general support for the framework but as to whether that continues, will the framework be used as it was intended so it remained flexible non regulatory riskmanagement tool. If it continues down that path you will see fairly widespread use among the private sector. As for whether or not the framework is going to improve cybersecurity that is a harder question to answer. Clearly the framework is intended to raise the bar for cybersecurity to make it more difficult for attackers. That is something that would be helpful for mediumsized businesses, you may not have sophisticated capabilities today but we should probably clear any reasonable expectation cybersecurity is an ongoing issue that wont go away anytime soon so t ....