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The nasdaq has actually been leading today. That is a bit of a switch. Technology has been going in the same direction as other averages but an exaggerated move. A different scenario memo we have seen recently. The s p and dow remain lower and they remain lower than oil prices peered yesterday, we saw stocks drifting lower even as oil held up well. A different story today. If you look at oil, were seeing it down 4 . It bounced off the bottom, but still below 30 a barrel. Oil stocks are weighing on the major averages. We are seeing a lot of big percentage declines among the energy producers. Southwestern Energy Company particular, down 14 . Murphy oil, devon energy, a lot of these Energy Companies have come out in the past week or past couple of weeks talking about various ways to raise cash, whether it is sharing selling shares, cutting dividends. That has been weighing on ....
China is stepping up support for its economy by wrapping up spending and considering new measures for back lending. Beijing will make more money available to local governments and minimal amounts banks must set aside to cover bad loans may be reduced. Lets take a look at the market. Hong kong and china are closed for lunch. But they fell in the morning session. After two days of gains, the japanese stocks as well as singapore are all down. I will be back in half an hour. Emily this is bloomberg west. Last years Growth Stocks are this years biggest losers. A dramatic revaluation. Groupon shares get a huge boost on news that alibaba has taken a big stake. Major investors weeding out largecap technology out of their portfolios. The major revaluation of Technology Stocks underway in 2016. We will focus on three companies in particular, netflix amazon and activision blizzard. Th ....
Appropriate. Former United Nations secretarygeneral interest which pope francis is in mexico where he delivered a massive stadium rally on behalf of fighting the drug trafficking. That is bloomberg news. Emily this is bloomberg west. Last years worth stocks are this years biggest losers. A dramatic revaluation. Groupon shares get a huge boost on news that alibaba has taken a big steak. Ake. Major investors meeting out largecap technology out of their portfolios. The major revaluation of Technology Stocks underway in 2016. We will focus on three companies in particular, netflix amazon and activision blizzard. When the onlyme thing they had in common was the description as growth stocks. Businesses bleed together. They all can pediatrician content for us streaming video. Into 2016. From 2015 all the stocks have been slammed in 2016. More than 20 declines. What do we read int ....
Balance growth and reform as they debate the next fiveyear plan. They are expected to target growth. Investors want to know how they will boost it and rein in debt. A single the markets. Hong kong and china are currently closed for lunch. Heres how they were training in the morning session. This is the picture in tokyo plus, Silicon Valley side with apple. Also, microsoft and more. How was the legal fight shaping up . We will bring you the latest area and apple checks out voice controlled gadgets. And what they are planning. But first, Hp Enterprise that shares getting a boost in afterhours trading. Remember, this is the bigger of hp entities for business clients. The Company Forecast profits 49 to . 43 a share. They are perhaps taking that as a sign that they are showing early returns. We have now completed our first f ....