Stay updated with breaking news from Tortoise capital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nasdaq on track for the best performance. Dow futures indicated up about 34 points and gains for the nasdaq and s p futures treasuries, the 10year has finally hit 1. 9 exactly been watching for that a long time above that yesterday. Looking at it as the economy has shown some pretty strong signs. Now we do it in tens. Normally we wait for 3 . The volatility we talked about that. The inflation volatility is really low he thinks that why multiples have stayed so high. It will take years of inflations coming back. Multiples can stay where they are. This just happened well bring it to you. An Iraqi Security source telling nbc news that demonstrators have stormed the u. S. Embassy in baghdads green zone they have used tear gas grenades to try and prevent them from moving inside the compound hundreds have gathered what we saw. Some saying it was about time that some of the air strikes killed fighters from iranbacked coalition from opera ....
Of hedging backup. People going out and buying protection. The cable rate going nowhere. Youre seeing flattening in the market for treasuries. 1. 82 is how we trade. Time now for the global exchange. We bring you todays market moving news from around the world. From riyadh to zurich, london and washington, our bloomberg voices are on the ground with todays top stories. In riyadh, history is being made. Saudi aramco jumping 10 in its debut, giving a value of almost 2 trillion. Bloomberg spoke exclusively to the ceo of the Saudi Stock Exchange. If the full offering size is offered in the markets based on ,he 1. 7 trillion valuation that is a on. 5 . However, thi changes every day. We are watching the price change over the next four days. But our anticipation of 8 to 9 would be the weight of aramco. Alix yousef gamal eldin joins us now from riyadh. Give us the latest on the ipo. Yousef its been a remarkable few hours. Trillion, ....
Lisa and in the meantime, preparing for that washington d. C. Ceremony for july 4. David and if you dont want to watch that, you can watch the boston pops. Lisa right now we have a rather muted tone in markets. Nasdaq futures indicated slightly lower. In europe, a little bit of a gain. The euro gaining over the dollar. Cave on the part of italian leaders to European Union leaders on the part of their budget. David leaders getting something done. Lisa maybe. For now. David we are joined by lananh n guyen and michael mckee. Even as we are speaking, we have European UnionLeadership Meeting once again in brussels. Michael well, they are supposed to start meeting, but they may be watching our show. Lisa but slightly. [laughter] michael they are struggling to come up with a compromise. Germans and french seem to be workin ....
Technology specifically. We have investors and traders coming back and attack after that rotation out of it, a couple of times notably in the past week, most recently yesterday. The dow, not much changed, hitting a bit lower. Thats a different picture than we saw yesterday. Heres another way to look at it. You can look at it as value versus growth in this market. Heres a way to compare. The s p 500 pure value index and the pure growth index. In the gap between the two in terms of their percentage performance. And what we saw yesterday was the gap between the two, value beating growth by the most since the election. Its come down a little bit today, but still beating it by a fairly wide margin. Since again reflective of this rotation that weve been seeing again out of technology and into financials has been the trade. In terms of other groups on the move today, we are watching telecom and a number of executives are presenting at ubs conference today. Sprint, one of the sprint comments c ....
Griffith this for Tyler Mathisen coming this evening from the new york stock exchange. Im sue herera. Solid gains on wall street pushed the nasdaq and s p 500 into record territory. The dow remains just shy of its alltime high. Technology stocks led the way as amazon flirted with 1,000 a share. The advance got a surprise list from a sector thats been faltering, retail. More on that in just a moment. First here are the closing numbers. The Dow Jones Industrial average was 70 points to 21,082. The nasdaq added 42. The s p 500 was up 10. Bob pisani has more on the markets climb to new highs. Reporter we have a breakout. The s p 500 and the nasdaq have been hitting new highs recently, but they broke out again today. Critics of this rally have complained a small group of big names led by google, facebook, apple, amazon, thats whats powering the rally, and while thats true to ....