Session. The French Market has been up 1. 3 for the week. Fresh alltime intraday high yesterday. Although there is softness on the dax, we are seeing fresh territory. As we get going this morning, we are seeing green moving on the board of the stoxx 600 and fresh alltime highs yesterday. We are looking for the levels to be breached today. Stateside, data is expected which is producer prices. The last seven, the market was questioning the theory of the deep disinflationary cycle. Just challenging the narrative on that perhaps thinking we may have sticky inflation. What we are reading the ppi prices is key. On the consumer, we will see how resilient main street is at this stage as we continue to see pressure on the household wallets. Retail sales will be important. We have a little bit of green on the boards. Up modestly at the sector level which suggests we are mostly positive. A couple of red arrows at the start. Basic resources down. 25 . Shuffling weaker with the banking names. Stand
At the start of this on the back of the session stateside where a. I. News dominated. Nvidia news flowed and alphabet with the Gemini Technology to help with the apple a. I. Storst. That stock bounced the most with the s p 500 breaking the threeday losing streak. Take a. I. Away and how much momentum is in the market . We are looking for further clues on monetary policy. We had the japanese stepping away from negative Interest Rates. The Central Bank Clues we are getting around sticky inflation is key to the narrative around what has been bullish sentiment to place bets on a lot of big trades at get going this mornine are giving back. 10 from the outset. From the sectors, red arrows at this stage. Financial as down. 50 in that basket. Utilities, every stock in the basket is in the red. Technology is a fraction weaker despite the news from the semiconductors thanks to the individuals conference. The media basket of names. Wpp at the bottom. We have the reversal for the construction. Che
Was the third negative week. On the s p 500, down. 10 . Second negative week in a row for the u. S. Markets. We continue to see the strength in the boards with wall street fading. We bounced over. 10 . The decent appetite moving on to the poboard. The slippage in the basket of media names. You have Universal Music Group and ung at the bottom of the chart. That stock down more than 1 . The travel and leisure basket at the bottom. Te telcos reversing. Vodafone is weaker at the start. The chemicals basket are giving back territory. Real estate is below the flat line. We push higher. Banks with 1. 7 bounce for the italian lender. 1. 5 pop for the commerce maker. We have retail out pacing industrial. Household goods up. 25 . We have autos with strength. All trading higher. Oil and gas also seeing a further improvement and technology with the top position and modest uptick in europe. Lets take stock with the ftse 100 this morning at 7,731. We are trading above the 7 threshold. Descent bounce
Producer prices. Those numbers are crossing hotter than anticipated. 3 is what we expected. 6 is what they came in. Another pattern that inflation could still be sticky. In terms what have we have with the benchmark, the stoxx 600 is weaker at this stage as we get going today. Lets look at the different sectors as well to see how we are traveling. Technology at the bottom nasdaq was weaker in session yesterday. Pointing out the big a. I. Stocks, nvidia and microsoft, going in different direction. Microsoft with support and nvidia is the weakest link. Technology is down. 40 . Montcler and dior as well. We have retreat for retail names, but down less than. 10 . Red cropping up in financials. Insurance names pushing higher. Admiral at the top. Bnps is up 2 leading that banking basket. Food and drink in the green. Autos with volkswagen at the top of the basket. Utilities up. 40 . Oil and gas support. 50 . Telco on the back of vodafone after the sale of the italian asset is 6 higher. Lets l
Im maria bartiromo. It is monday, march 18, your top stories, 6 00 a. M. On the east coast. Of day markets beginning a new week, take a look, futures indicating some losses for the dow industrials, lower by 7 points. Nasdaq is on fire once again, futures indicating a triple digit rally for the nasdaq, up 117 points right now ahead of the Federal Reserves march meeting that begins tomorrow morning. Were previewing where the central bank stands on rate cuts happening later this year. European markets in the green, the bank of england meeting this week as well as the bank of japan. Well have all of those results for you coming up. Best performer in europe, germany is up 68. Asia, green p green across the. Nikkei average up 2 and two of thirds percent on the session. Also, Hunter Bidens former Business Partners will testify in an open forum this wednesday despite hunter biden saying he will not show up as House Oversight Committee Chairman james comer tells me criminal referrals are coming