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Today, with high winds and record temperatures. Huge fires creating their own twisters. Thousands of residents forced to flee their homes. Animal habitats gone. Were live on the fire lilines s morning. Supersoaker. A major washout today with a massive storm system bringing rain to a 1,500mile stretch the gulf to the northeast. That rainy weather, plus high winds, even snow, expect to impact people wrapping up vacations across the country. Were tracking the storms path. All that, plus tragedy on the high seas. A crew member of the doomed fishing boat that sank off the coast of alaska, speaks out about the horrific ordeal. You can die in those situations. I knew thats what we were going into. Byebye brady . Could today be the last time tom brady puts on a new England Patriots jersey . And all grown up. 6yearold Prince George poses beside his dad, grandfather, and great grandmo ....
Session. The French Market has been up 1. 3 for the week. Fresh alltime intraday high yesterday. Although there is softness on the dax, we are seeing fresh territory. As we get going this morning, we are seeing green moving on the board of the stoxx 600 and fresh alltime highs yesterday. We are looking for the levels to be breached today. Stateside, data is expected which is producer prices. The last seven, the market was questioning the theory of the deep disinflationary cycle. Just challenging the narrative on that perhaps thinking we may have sticky inflation. What we are reading the ppi prices is key. On the consumer, we will see how resilient main street is at this stage as we continue to see pressure on the household wallets. Retail sales will be important. We have a little bit of green on the boards. Up modestly at the sector level which suggests we are mostly positive. A couple of red arrows at the start. Basic resources do ....
At the start of this on the back of the session stateside where a. I. News dominated. Nvidia news flowed and alphabet with the Gemini Technology to help with the apple a. I. Storst. That stock bounced the most with the s p 500 breaking the threeday losing streak. Take a. I. Away and how much momentum is in the market . We are looking for further clues on monetary policy. We had the japanese stepping away from negative Interest Rates. The Central Bank Clues we are getting around sticky inflation is key to the narrative around what has been bullish sentiment to place bets on a lot of big trades at get going this mornine are giving back. 10 from the outset. From the sectors, red arrows at this stage. Financial as down. 50 in that basket. Utilities, every stock in the basket is in the red. Technology is a fraction weak ....
Was the third negative week. On the s p 500, down. 10 . Second negative week in a row for the u. S. Markets. We continue to see the strength in the boards with wall street fading. We bounced over. 10 . The decent appetite moving on to the poboard. The slippage in the basket of media names. You have Universal Music Group and ung at the bottom of the chart. That stock down more than 1 . The travel and leisure basket at the bottom. Te telcos reversing. Vodafone is weaker at the start. The chemicals basket are giving back territory. Real estate is below the flat line. We push higher. Banks with 1. 7 bounce for the italian lender. 1. 5 pop for the commerce maker. We have retail out pacing industrial. Household goods up. 25 . We have autos with strength. All trading higher. Oil and gas also seeing a further improvement and technology with the top position and modest uptick in europe. Lets take stock with the ftse 100 this morning ....
Producer prices. Those numbers are crossing hotter than anticipated. 3 is what we expected. 6 is what they came in. Another pattern that inflation could still be sticky. In terms what have we have with the benchmark, the stoxx 600 is weaker at this stage as we get going today. Lets look at the different sectors as well to see how we are traveling. Technology at the bottom nasdaq was weaker in session yesterday. Pointing out the big a. I. Stocks, nvidia and microsoft, going in different direction. Microsoft with support and nvidia is the weakest link. Technology is down. 40 . Montcler and dior as well. We have retreat for retail names, but down less than. 10 . Red cropping up in financials. Insurance names pushing higher. Admiral at the top. Bnps is up 2 leading that banking basket. Food and drink in the green. Autos with volkswagen at the top of the basket. Utilities up. 40 . Oil and gas support. 50 . Telco on the back of vodafone after the sale of the italian asset is 6 higher. Lets l ....