European equities are trading. 30 minutes until the end of the wednesday session. Stocks are falling today. Of swings and between gains and losses on the stoxx 600. Conjugating, deliberating, thinking about what the double trump election victory means. Bond yields are rising. Today after a respect yesterday from the selloff since trumps election. Statecontrolled dutch lender, shares down by 3. 8 today. It did report stronger than estimated profits in the third quarter. It also said it would cut another 1500 jobs as part of a Cost Reduction plan. It returned as a publicly traded company last year. It says the job cuts it needed to offset rising costs. Voice royce says its making progress with restructuring efforts. Says its making progress with restructuring efforts. Profit, and for Group Revenue to be marginally lower than last years 30. 7 billion. The chieft, executive, in the midst of a massive overhaul after 5 profit warnings. Rolls royce down by 1. 5 . Had the mining index which ha
Technology sector rebounded. The blue chip dow index to 18,923. The nasdaq rose 57, and the s p 500 gained 16. Since the election, the best performing sector has been the financials. The rally in this group continue . Bob pisani takes a look. Reporter financials have been on fire since the election, but the rally is losing steam and with good reason. The Biggest Bank Stocks up almost 15 since the election. Morgan stanley, goldman sachs, all hit 52week highs. Its going to be tougher to get those gains from here. The s p Financial Sector trading almost 20 above its 200day moving average. That almost never happens. And its highly Unlikely Bank stocks will keep rising until we get more information on what the Trump Administration plans to do. So banks have been rising for three reasons. Regulatory reform. But its not clear how much of dodd frank will be dismantled and this would only benefit the biggest Money Center Banks for the most part. Second, banks have been going up on rising Intere
Technology sector rebounded. The blue chip dow index to 18,923. The nasdaq rose 57, and the s p 500 gained 16. Since the election, the best performing sector has been the financials. The rally in this group continue . Bob pisani takes a look. Reporter financials have been on fire since the election, but the rally is losing steam and with good reason. The Biggest Bank Stocks up almost 15 since the election. Morgan stanley, goldman sachs, all hit 52week highs. Its going to be tougher to get those gains from here. The s p Financial Sector trading almost 20 above its 200day moving average. That almost never happens. And its highly Unlikely Bank stocks will keep rising until we get more information on what the Trump Administration plans to do. So banks have been rising for three reasons. Regulatory reform. But its not clear how much of dodd frank will be dismantled and this would only benefit the biggest Money Center Banks for the most part. Second, banks have been going up on rising Intere
Technology sector rebounded. The blue chip dow index to 18,923. The nasdaq rose 57, and the s p 500 gained 16. Since the elelection, the bt performing sector has been the financials. The rally in this group continue . Bob pisani takes a look. Reporter financials have been on fire since the election, but the rally is losing steam and with good reason. The Biggest Bank Stocks up almost 15 since the election. Morgan stanley, goldman sachs, all hit 52week highs. Its going to be tougher to get those gains from here. The s p Financial Sector trading almost 20 above its 200day moving average. That almost never happens. And its highly Unlikely Bank stocks will keep rising until we get more information on what the Trump Administration plans to do. So banks have been rising for three reasons. Regulatory reform. But its not clear how much of dodd frank will be dismantled and this would only benefit the biggest Money Center Banks for the most part. Second, banks have been going up on rising Intere
It has gone to aid across i am across the emirates. 4 00 a. M. In london. We are in hong kong, where it has just gone midday here. Welcome to Bloomberg Markets middle east. We have a lot happening on the currency front when it comes to asia. What about where you are sitting . When you take the dollar story and to talk about our surge, what is it doing two markets . The longest winning streak since 1990. President elect potentially went into the isis. This is the personification of fear. It is hitting a ninemonth low. Stocks are on a ripper i love that word. Has dropped. Ex is it overboard . Is it overdone . Are we too complacent . I am the grinch of bloomberg. Nothing ever is as shiny is it ever seems. 0 rates, 25 basis points, i think we should always put our money in u. S. Stocks. Europe good look better value than the u. S. With the momentum and exuberance we are seeking, it is based on model whole lot looking on what trump will or will not do. Maybe spreading a bit of fear is not t