Close in about two hours, to get a check on whats leading equity. Julie holland technology down, now its leading on the way up. Mitigating earlier advance, but nonetheless really climbing today, bouncing back from the kleins that we had seen as of late for tech stocks. That said, the dow and the s p are making new records today. Not the nasdaq, it still has too far to climb back. But Something Interesting has been going on over the past week as technology has been battered and come back. Chart look at the one we of a five day return you are seeing financials and tech neck and neck after first being pulled back. It has been bouncing quite a bit. If you look at the banks today, we have got tech names, like apple and facebook, going higher , but also these guys contributing quite a bit to the gains we are seeing in stocks the big regional banks trading higher today, it has to do with whats going on in the market area the 10 year yield is higher in todays session, which has been fueling th
Through heat. The report out of the university of hawaii says 30 of people globally ask. s heat Strong Enough to be fatal. The study shows that figure could climb to 70 by the end of the century if Climate Change continues at current levels. News 24 hours per day powered by 2700 journalists and analysts in more than 120 countries. This is bloomberg. Julia live from bloombergs world headquarters, i am julia. Scarlet im scarlet fu. Joe and we are 20 minutes from the close of trading in the u. S. Julia it is the tech stocks that are the session winners. Miss . Hatd you scarlet meters harvester theresa mays election defeat preparing for an amazon monopoly. Amazon owned hold foods owned whole foods look like . We look at the latest on his fouryear legal battle over fannie and freddie. Julia lets take a look at where the average media averages stampeded bloombergs Abigail Doolittle is standing by. Abigail we have the dow and s p 500 and the nasdaq all trading higher. , both of those indexes
Renewed megacaps. Weakness in technology butt a dumper on the rally if financial shares which were hire following the results of the stress test we told you about last night. Today, the dow jones indus average fell 167 points to 21,287. It had been down more than 250 points midday. Nasdaq drod dropped 90 and s p 500 was off 21. Although the pullback may look concerning, it may want be as bad as it appears. Bob pisani explains. It was anything but a breezy summer day for the stock market. The dow plumets as much as 257 points before ending down 167 points. Largely weighed down by apple. But for the moment, this sunt look so much like the start of a broad eer sell off as a healthy rotation. Investors are moving over big tech names like microsoft and apple and google. Theres some reason for that. Bank stocks for example bounced the cap a tall plans of all 34 banks under review in the second round of the bank stress hasnt happen td since 2008. Theyre raising all of the dif depds. Chevron t
Never been assembled before. President elect trump kicks off preinauguration in washington. Good morning from t good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Well, former president George Herbert walker bush has been admitted to a houston hospital. Thats according to our hewn station khou. The reason he was hospitalized is not disclosed. At 92 years old, he is the oldest living president and suffers from a form of parkinsons disease. In 2015 he was hospitalized after breaking a bone in his neck during a fall and was hospitalized in 2014 and 2012 with respiratory problems. The 41st president was spotted as recently as january 7th at a texans rangers nfl game in houston meeting with the owner before kickoff. His chief of staff says the former president is doing fine and is expected to go home in a couple of days. Well, ahead on cbs this morning, well bring you the latest on george h. W. Bushs condition. Overni
Off preinauguration in washington. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Well, former president George Herbert walker bush has been admitted to a houston. Thats according to khou. The reason he was hospitalized is not disclosed. At 92 years old, he is the oldest living president and suffers from a form of parkinsons disease. In 2015 he was hospitalized after breaking a bone in his neck during a fall and he was hospitalized in 2014 and 2012 with respiratory problems. The 41st president was spotted as recently as january 7th at a texans rangers game in houston. He met with the owner before kickoff. His former chief of staff says hes doing fine and expected to go home in a couple of days. On cbs this morning later this morning well bring you the latest on his condition. Overnight russia would allow Edward Snowden to extend his stay for a couple of years. Snowden, a former intelligence contractor has bee