We are inches away from the record. Futures steady as we wait for the fed at 2 00. Tech titans will meet with donald trump today at trump tower. Were going live to midtown manhattan, watch them as they walk in. Two new names officially announced to take a spot in goldman. More on the changes. First, 89 points, thats how much it will take for the dow to hit 20k. The blue chips coming off their 16th record closing high. S p and nasdaq hitting record territory. All aed head of the feds rate announcement at 2 00. Live coverage will begin right here on cnbc at that time. We will get the forecast. Well get the dot plots and the q a. I have to tell you that Interest Rates are down today. You can see how this market is changed. Oil is not up. Interest rates are down. The futures are not higher. The banks have a lot of people feel like that the banks are the ones for this rate hike. Even the rate hike is now baked in or maybe feel that some people feel the economy has peaked out for the moment.
We have a great show lined up for you. Weis friday, which means bring you our weekly show brexit, whats next. We talk with the Aberdeen Assets Management cio for property. Of guest host for the chunk the show, the biggest chunk of the show, is an richards of mmg investments. You can see stocks pretty much unchanged. It seems this is probably my chart of the hour. Lets get straight to it. Tos brings europound back 1. 975. You can see currently where we are standing, 88. 93. We did reach 92 a little bit earlier on. We are seeing a bit of movement back to 88. Will we see parity . That is what reporters are watching out for. Market news, but first, the bloomberg first word news. Nejra chinas overheated Property Market shows signs of cooling last month as authorities stepped up homebuying. Prices read rose. Prices fell in six cities compared with four months earlier. A sewing Property Market may provide some relief for Property Markets without killing a main pillar of growth. The Hong Kong
The bear right now, but theyre going to be mauled. Up 200, down 200. Up 300, down 300. You have to ask yourself, why is that happening . David all of that next on bloomberg best. David hello, i am david gura. Welcome to bloomberg best. A weekly look at Bloomberg News and analysis from around the world. Lets start with a day by day review of the top headlines. On monday, the markets started where they finished the week before with a big selloff. An unbelievable day. At one point, you had the nasdaq off by 3 . But into the close, stocks made contributed to a rally. The s p only off 26 points. The dow only up 177 points. And ugly day, but it could have been worse. Based on where we were a couple of hours ago. What you attribute the selloff to, what is going on . There is more anxiety about the financial sector. Even a few weeks ago, it is a relatively new development. Particularly focused on the european banks. But beyond that, there are a few things have been driving markets lower. Last
Up 200, down 200. Of 300, down you have to ask 300. Yourself, why is that happening . David all of that next on bloomberg best. David hello, i am david gura. Welcome to bloomberg best. A weekly look at bloomberg elevation and analysis from around the world. Lets start with a day by day review of the top headlines. On monday, the markets started like the week before, with a big selloff. Stephanie an unbelievable day. At one point, you had the nasdaq off by 3 . But into the close, stocks made contributed to a rally. The s p only off 26 points. The dow only up 177 points. And ugly day, but it could have been worse. What you attribute the selloff to, what is going on . There is more anxiety about the financial sector. Even a few weeks ago, it is a relatively new development. The focus is mainly on european banks, but a few things have been driving markets lower. Last week, most of the economic data, even the u. S. , was on the soft side. It is reinforcing concerns about the health of the g
The bear right now, but theyre going to be mauled. Up 200, down 200. Up 300, down 300. You have to ask yourself, why is that happening . David all of that next on bloomberg best. David hello, i am david gura. Welcome to bloomberg best. A weekly look at Bloomberg News and analysis from around the world. Lets start with a day by day review of the top headlines. On monday, the markets started where they finished the week before, with a big selloff. It was kind of an unbelievable day. At one point, you had the nasdaq off by 3 . But into the close, stocks made contributed to a rally. The s p only off 26 points. The dow only up 177 points. And ugly day, but it could have been worse. Based on where we were a couple of hours ago. What you attribute the selloff what do you attribute todays selloff to . What is this about . There is more anxiety about the financial sector. Even a few weeks ago, it is a relatively new development. Particularly focused on the european banks. But beyond that, there