Found both flight recorders from a crashed russian airliner. They continue to look for other debris and the remains of the 71 people on board. The passenger jet crashed sunday not long after taking off in moscow. Russian investigators say it was not terrorism. Global news 20 for hours a day powered by more than 2700 journalists and analysts in 120 countries. I am mark crumpton. This is bloomberg. Vonnie it is noon in new york and 5 00 p. M. In london and 1 00 a. M. In hong kong. I am vonnie quinn. Julie and i am julie hyman in for shery ahn. Welcome to Bloomberg Markets. Vonnie from bloomberg World Headquarters in new york, hero the top stories on the bloomberg and from around the world that we are following. Quite are hanging onto substantial gains as treasury turns lower and yields higher after the worst week in two years for u. S. Equities. Rebuilding bridges, roads, airports. President donald trump releases details from his longawaited infrastructure plan, promising at least 1. 5 t
German Software Giant delivering a mixed bag. Two french luxury stocks today. Shares fall in part to japanese consumer demand and shares in the drinks maker lower. And to our top story in the last couple of hours toshiba announced the resignation of his ceo over the accounting scandal. Hell be replaced by the japanese firms chairman with 8 of the 16 Board Members expected to step down. The changing management is due to this scandal. The president and chief executive will be replaced by the chairman. His predecessor who is vice chairman will also quit. Now we are awaiting for the Leadership Team to announce and tell us about it being made. Its helping the tokyo index approach an 18 year high. The japanese index already trading at a three week high. Investors are cheering the management change. Its going to take time. 8 out of 16 Board Members will be standing down. Thats a lot. Its a big management shake up. More Board Changes to follow they say. Incidentally also now you need to look a
Thanks for joining us. Thank you for joining us. Lets look at the market picture it comes off a day of fractional gains. Essentially markets were flat. For the week, the dow is up 1 the s p and nasdaq 0. 6 p , 0. 7 were set to open 11. 3 points higher for the dow yields above 2. 3 for the tenyear, that nice rise in yields we saw over the course of last week, up to highs of 2. 34, 2. 35, just down a bit. 2. 32 the yield on the tenyear. Another quiet session in asia with markets in main lan china, hong kong and south korea closed today the nikkei up just a hair. 0. 01 . I guess it counts as a gain. Hardly at all. Lets look at europe a marginally mixed day on wednesday. If we look where we are now, we are mixed here we see markets totally flat in france the xetra dax down 0. 2 . Spain rallying again here, 0. 6 . Spain closed down 2. 8 yesterday. That was after the king made a speech the prior evening, did not go particularly well sort of elevated fears of more clashes or catalonia calling
Demands for better quality and safer food. We will be live in singapore a little later for the noble groups fight for its life. U. S. , thee in the fallout from the Trump Administration budget for 2018 fiscal. Released hours ago. Going through the mile high stack of papers. I am betty liu. It is just after 7 00 p. M. Yvonne is just after 7 00 a. M. Banks mentioned, central are going to be a key focus. Mario draghi speaking in madrid later today. Weighing inid, on boj policy with governor kuroda. Plus, an exclusive interview in 10 minutes. Betty we had that news yesterday, june 20 will be the day we will hear the announcements on who will be let into the index. Shares, a multiple shared to get them into the index. This june 20 going to be the day that finally happens . It does, what does that mean for the world of global finance. You have Pension Funds all over the world now looking at china a shares, and having to weigh them, which is going to be a different world. We are going to be a
We are counting on 80s in the trivalley today. 87 degrees in pleasanton. But hotter than that out towards antioch and brentwood Discovery Bay topping off at 92 degrees. Around the Carquinez Strait in the low 80s. No sunshine Stinson Beach with a stiff breeze at 66. Low 80s in san rafael then up to 83 in novato low 80s through wine country in napa, sonoma and glen ellen. Mid90s clearlake and lakeport. Full forecast featuring the 4th of july. Thats coming up at 18 minutes after the hour but right now lets say good morning to jaclyn dunn. Hey, good morning. We are tracking some slowdowns already for drivers heading out of tracy through the Altamont Pass. Westbound 580 in the yellow. 30 minutes between 205 and 680. We do have a high wind advisory in place for drivers heading to the Altamont Pass. So please be careful as you make your way through that stretch. Over at the san mateo bridge, things all look to be in order. The taillights moving westbound out of hayward to foster city. No dela