Investors, adding two more seats, separating the chairman and ceo positions. Guy here in europe, we are approaching the 400 mark on the stoxx 600. The s p already through its record. We are monitoring what is happening on both sides of the atlantic but that is a really big level here in europe. We are up by 0. 3 for the moment. Hsbc doing what it is doing, down 4 . Biggest pointhe drag on the stoxx 600 this morning. The other store be are watching is happening with the british pound. We will see a vote later on this evening to see if Boris Johnson can get a vote. That is not likely to pass. The expectation is that we will get an election this year. Speaking of elections, voters in argentina choosing Alberto Fernandez to be there next president. What does the result mean for a country on the brink of default again . We are joined by Nick Bennenbroek of wells fargo. The peso certainly starting the note, then a up bestperforming against the u. S. Dollar, but this does not mean that we wil
Ends up being routine. We have become numb to this. Experian is hit by a data breach that could effect 15 million customers that signed up for their service sending shares lower in london. Sprint banks on job cuts to help the wireless carrier cut up to 2. 5 billion in costs according to a memo seen by the wall street journal. All right. Quick peak at u. S. Futures and what were expecting today is a slightly higher start to the trading session. The s p 500 taking fair value into account seen up by 7. 5 points or so and the nasdaq expected to open higher by 22 points or so. This is after a mixed close in yesterdays trading session. The dow was off by a fraction but the s p and nasdaq managed to eek out a very modest gain. The weakest since 2013. The dow is down nearly 2011 points but as i mentioned we closed a little bit higher than that. Dont let the party go on too long so says San Francisco fed president jon williams of the easy policy which Central Banks are due to start reigning in.
City Developments Limited (OTCMKTS:CDEVY – Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 24,000 shares, a decrease of 87.4% from the April 30th total of 190,000 shares. Based on an average daily volume of 23,400 shares, […]