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The big loser yesterday has come roaring back today. We are looking at gains after a bit of a pullback yesterday. The nasdaq up nearly half a percent. Putting in a new alltime high. It does follow the more than 1 drop yesterday. The russell 2000 still about 1 below its record high. There are some strategists who think the russell 2000 shopping is could be a precursor for a nearterm pullback for the major averages including Katie Stockton of btig. We could see a nearterm pullback for the major averages. Would refreshs it a potential year and rally. Lets take a look at the small cap underperformance. Its a one year chart of the russell 2000 to the s p 500. Overall not doing much over the last six months. That going into september. Big smallcap outperformance. Lots of these companies are very u. S. Based. Very sensitive to the tax policy. Over the month of october really underperforming. This could be a tell on whats ahead for the s ....
Opposite from yesterday. Julie down but not by much. The doubt closed at a record the dow closed at a record but financials the biggest drive. If you look at some of the individual banks, you will see some declines and the 10 year yield we have been watching, as well. It is lower for the six straight session, the longest we have seen going back to february 2016. The decline in yields is pressuring the big bang and financials more broadly. Big bank and financials more broadly. We have a look at the ones we see in the session, inc. Of america, jpmorgan, and even though we had the 10 year yield down by one basis points, it is because the trend is downward we see that pressure on the banks. The talk continues to positive and negative for individual stocks. Time warner is lower after the at t cfo spoke at a wells fargo Conference Today and said that warner isse of time uncertain as talks with u. S. Regulators continue. Time warner is ....
You were dreaming last night. I thought my roof was going to cave in. We both came in, pounding on the roof. Skyline. There you go. For some up north, youre like hey we havent had that much rain. You will get some later on. I think the thunderstorm activity will pop up more north. Santa cruz mountains, wet and cool. 46. Moderate to heavy rain overnight with an inch and two thirds. Some reports of two day totals over three. Watch how that stays lit up. Also theres very heavy rain coming in around saar towing a campbell and san jose. In the lexington hills, around willow glenn, evergreen and santa clara, that is some of the strongest cells right there. The key is the low is getting closer to us and enhancing the rainfall rates. A little isolated areas continue to move there. This is two forecasts. One south of San Francisco. The other to the north. Walnut creek getting good rain. That stretches back over to bay point, concord and als ....
Assertion that no deal is better than a bad deal. I am nejra cehic in london. Good morning. Lets get your markets first. We are looking at the stoxx 600. We saw a close lower after initial games, fairly steady now. See the carmakers really underperforming, down 1. 3 . The asiant happen in session. It is feeding through from the u. S. Car data we got from the u. S. Yesterday. The car sales coming in, disappointing that data. We are seeing it read through to the European Equity session. In terms of dollar and yen, we are seeing a weaker dollar. Ae yen strengthening for third day. I wanted to show you the 10 year yield on the german bund. Went down one basis point, 0. 26 . We saw a lot of demand go into u. K. And german debt yesterday. The 10 year treasury yield is fairly steady. We saw it hit its lowest since february yesterday. The 10year gilts yield reached its lowest since october. A lot of demand for the safest assets among saf ....
Anna, chart me up. Where are you going . You a chart to show we have used obviously many times before. But offer a few words of caution about this, it is the Eu Referendum day here in the u. K. I know youll be back in the country later on today. We talked many times, checking the odds of the brexit, the average profitability probability. A lot of people asking about the market fixation, whether it is justify. We heard over recent days over how the number of bets in the past have been going on the leave aside, the amount and size have been for the remain side. These have been skewed by the sizes of the bets on the remaining side, maybe those with more money putting money on that site. A real voting situation, you do not put any money down. You display mark in a box. This will be a time when political betting is shown as something valuable to the conversation, or whether it will be found to be wanting. We will talk about the many way ....