And im wilfred frost. Good morning to you. Theres no real commercial break here. Lets go through the morning. Lets check in on the Global Markets this morning and show you what futures are doing after a downed weekend. Sharply down day on wall street. Remember, u. S. Market was closed on friday for good friday. Dow future up 9 points, s p futures barely up a point. Nasdaq up about 3 pointses. A rally last week in treasuries with yields lower. Actually the best week for treasury since january. Gold up. Theres a treasury note yield. 221 after yield. I can see its sharply lower than a few weeks ago. Yeah, interesting to see on friday what we saw on the bank stocks. Two things i want to take away, all of the u. S. Banks beat on that. And on what expectations were priced in and how much harder it was the bank stocks that beat relative earning given the runup they had. But also how tied the stocks still are to whatever the yield is doing. That hurt the stocks irrelevant to what theyre doing.
Close at an alltime high. The run up powered by investor optimism that president elects policies could lift the do you was enough for the best week in pfeiffer years. Today the Dow Jones Industrial rose 40 points to a record 18,057. Nasdaq added 48 and s p 500 kind of fell a little by three. The blue chip index climbed more than 5 . The nasdaq and s p were both up 3. 8 . But how much gas is left in this markets tank . We take a look. Reporter stocks lost speed today but that should come as no surprise after a record high this week. The big question is how long can the rally go on. Banks and stocks, both rallied bigtime this week on the perception fewer regulations and oversight will transfer into more profits for Drug Companies and bank companies. These sectors can only go so far without specific detailed legislation on what will happen, for example, to obama care, drug pricing and dodd frank regulations on banking. Drug stocks, for example, were down. A letter signed by 600 doctors pu
Close at an alltime high. The run up powered by investor optimism that president elects policies could lift the do you was enough for the best week in pfeiffer years. Today the Dow Jones Industrial rose 40 points to a record 18,057. Nasdaq added 48 and s p 500 kind of fell a little by three. The blue chip index climbed more than 5 . The nasdaq and s p were both up 3. 8 . But how much gas is left in this markets tank . We take a look. Reporter stocks lost speed today but that should come as no surprise after a record high this week. The big question is how long can the rally go on. Banks and stocks, both rallied bigtime this week on the perception fewer regulations and oversight will transfer into more profits for Drug Companies and bank companies. These sectors can only go so far without specific detailed legislation on what will happen, for example, to obama care, drug pricing and dodd frank regulations on banking. Drug stocks, for example, were down. A letter signed by 600 doctors pu
Close at an alltime high. The run up powered by investor optimism that president elects policies could lift the do you was enough for the best week in pfeiffer years. Today the Dow Jones Industrial rose 40 points to a record 18,057. Nasdaq added 48 and s p 500 kind of fell a little by three. The blue chip index climbed more than 5 . The nasdaq and s p were both up 3. 8 . But how much gas is left in this markets tank . We take a look. Reporter stocks lost speed today but that should come as no surprise after a record high this week. The big question is how long can the rally go on. Banks and stocks, both rallied bigtime this week on the perception fewer regulations and oversight will transfer into more profits for Drug Companies and bank companies. These sectors can only go so far without specific detailed legislation on what will happen, for example, to obama care, drug pricing and dodd frank regulations on banking. Drug stocks, for example, were down. A letter signed by 600 doctors pu
Share, all crash. The deal is expected to close this calendar year. Jim, you just talked to andrew, becky and joe about this. Yeah. You know when you go back over the arc of linkedin, obviously going into the february quarter there was a belief that things were continuing to accelerate. You had 30 growth. You really felt like there was very, very little economic sensitivity. Then you got that incredible shortfall, going from 192 basically down to 9,800, and it was entirely because of the lighter guidance. The guidance, they use the term seasonality. Well, were not used to hearing seasonality with linkedin, 30 going down to 20 . There really wasnt any line item that was good. You saw deceleration in core hiring, you saw challenges in marketing solutions, you saw macro fx headwinds. We dont want to hear that. The last quarter reported at the end of april was quite good. And every one of those items went back up, and thats why the stock was able to recover. But they are getting microsoft