hello, i m emily anglin. this is the news our line from dough ha! coming up in the next 60 minutes, at least 46 people are found dead in an abandoned track in the u. s. state of texas . the may calls it a who refit human tragedy. g 7 later is wrap up their summit in germany pledging billions to tackle local food security. partly as a result of russia s invasion of ukraine. spain sounds the alarm over russia s increasing presence in africa ahead of the nato summit in madrid. and 101 year old, former nazi god, ease and jail for 5 years. these involvement in the murders of 3 and a half 1000. and i m sort of hard feel. sports news is raphael natal prepares to open his wimbledon challenge and women s world number one is shown tax center stage on center court. i have the best of the action coming up. ah for beginners, news our in the u. s. and the white house is it will take action to disrupt human smuggling networks. after at least 46 people were discovered dead inside a truck in
Day, even if stocks are going to the downside. The swings we have seen today are not the largest in recent days and the volume is also dropping. Volume on the s p 500 running more than 20 below the 20 day average. We have seen volume running a little bit hotter. A bit of applause on a couple a bit of a pause on a couple of different fronts. We had an uptick in range over the past week or so as we have seen these wild swings between highs and lows. When you have today where we have seen the trading range has gotten a lot smaller. Volatility is here to stay for a little while. We may not see those swings every single day, so we have a little bit of a pause. Where we are seeing interesting action is with a couple of dental supply companies. Health care is pretty active and with these companies in particular, Patterson Companies and henry schein, they are being accused by the federal trade tomission of conspiring undermine the ability of independent dentists to get lower prices for product
What is making headlines outside the business world. Taylor david, the first charges may be announced today in that investigation of russian involvement in last years u. S. Election. According to multiple reports, the grand jury associated with special Counsel Robert Mueller as approved the first indictments. President trump called the investigation a witchhunt that is bad for the country. Puerto rico plans to cancel a controversial 300 Million Contract to rebuild the islands power grid after it was devastated by the hurricane. The contract went to a tiny Company Based in whitefish, montana, the hometown of interior secretary ryan zinke. Whitefish energy had two employees before winning the nobid contracts. President of the catalan republic failed to show after being fired by the Spanish Government over the declaration of independence in the region. News 24 hours per day powered by more than 2700 journalists and analysts in more than 120 countries. Im taylor riggs. Jonathan thank you v
Inauguration late last week. Im very proud of that. Very proud of that. The Business Community and the labor community, you saw that with the labor leaders that came out. One said it was the single greatest meeting i ever had with anybody. Its the highlight of my life. The dow on top of it just hit 20, first time in history. Im very proud of that. Now we have to go up, up, up. We dont want it to stay there. Vice president mike pence tweeting the dow closes above 20,000 for the first time in history. U. S. Economy is being unleashed under President Trump. Lets get you caught up on whats going on. We have a 30 billion pharma deal. Johnson johnson buying actelion for 280 per share in cash after weeks of exclusive talks. We talked about this transaction before. A 23 premium to its Closing Price yesterday. Both companys boards have aprefapref approved that deal. Today is the busiest day of earnings season, 38 companies in the s p 500 reporting results along with three dow components. Before
Solid economic stage. Yousef it is 8 00 a. M. In the emirates, 4 00 in london, welcome to Bloomberg Markets middle east. In hong kong, it is midday. The dollar not rolling off, falling off as some had feared. As you look at the gm go function on the bloomberg, you can see the dollar bulls coming back, and the japanese yen weakening on the back, down 0. 5 , and japans stock market leading the gains up half a percent. Singapore also up on a given how big of an exporting country it is. It may be some confidence be may not see some trade wars ahead. But the heavy ecodata in asia, australia surprising on the. Pside alone with pmi data a lot to watch out for when it comes to ecodata and present trump and the Federal Reserve. Yousef bright patches in the commodity space, especially with key commodities related to the Infrastructure Spending in the u. S. President trump urged americans to abandon internal conflict and rebuild the country. He made his first address to congress. He said the u. S