Record highs on an intraday basis. They have not been able to maintain those levels. These are all very small moves. I wanted to dig into the dow a little bit. The only of the three major averages that have failed to maintain the record that was set on march 1. Apple is the big winner in that index. Shares up 3 after brian white over at Drexel Hamilton put a price target on apple, sending shares up. Ibm lower on Warren Buffett cutting his stake through berkshire hathaway. Bernsteins saying the shares should not be bought on weakness. Downly, Goldman Sachs 0. 66 . To talk about apple again for a moment and as it relates to the s p 500 more so, right now, thus far, we have seen apple rally in along with the s p 500 rallying along with the s p 500. This has been supportive for the s p. On the bottom, we have the correlation. We are really seeing a lot of the time, a majority of the time, the two moving in tandem. If apple does continue to rally, that would not be bad news for u. S. Stocks
Record highs on an intraday basis. They have not been able to maintain those levels. These are all very small moves. I wanted to dig into the dow a little bit. The only of the three major averages that have failed to maintain the record that was set on march 1. Apple is the big winner in that index. Shares up 3 after brian white over at Drexel Hamilton put a price target on apple, sending shares up. Ibm lower on Warren Buffett cutting his stake through berkshire hathaway. Bernsteins saying the shares should not be bought on weakness. Downly, Goldman Sachs 0. 66 . To talk about apple again for a moment and as it relates to the s p 500 more so, right now, thus far, we have seen apple rally in along with the s p 500 rallying along with the s p 500. This has been supportive for the s p. On the bottom, we have the correlation. We are really seeing a lot of the time, a majority of the time, the two moving in tandem. If apple does continue to rally, that would not be bad news for u. S. Stocks
Foundations for a new eastwest trade route. Rishaad the weekend hackers may strike again on monday. At apples market capitalization in excess of 800 billion. If you add them up, you have a 8527,d capitalization, we are at roughly 3 trillion. Quite something. That is what we have at the moment. Some people saying these five have too much clout when it comes to soft power and real power with the amount of data they have at their disposal. The tech names pushing higher with the rest of the market treading water. On the asian agenda, some china expected, retail sales come Industrial Production, some of that expected to have ease, particularly industrial activity , painting the picture q1 was week. I want to touch on the credit data over the weekend and on friday. , credit expansion continues to push forward despite the Deleveraging Campaign from beijing that has shaken the markets. We did see these numbers coming in stronger than expected, aggregate financing expanding to just over 200 bil
Is set to widen, looking into whether the president s limited attempted to slow the Michael Flynn probe. Anna a very warm welcome to bloomberg daybreak europe. Our flagship morning show here in the city of london. Us she finds the story the fed told us what theyre going to do incrementally about the Balance Sheet but what is the dollar more focused on . Its down 6 this year. Its focused on this, the economic surprise index in the United States of america is careering towards zero. We have not seen that since the president of the United States was elected, and there is your dollar index, giving it all back. What is the dollar really focused on . Anna focused in the longer term around this. The dollara boost of around what the fed did but that was only after it sold off inflation earlier in the day. That astalk more about we go through the program. There are stony some another stories we want to get to as well. The msci hes in the red, down. 8 . A lot of that has to do with what were see
Terror im referring to the endless battle that defines the stock market the bitter struggle between growth and value one faction of investors wants to buy something cheap in the hope it will blossom or get a takeover bid but the other faction is willing to pay up, up, up, as long as it can grow rapidly right now, growth is crushing value hence, why the dow declined 57 points, the s p back slid today, and the nasdaq advanced 0. 47 . And this becomes even more pronounced when you look at how the individual sectors are doing. Ive always felt a mix of growth and value is the right thing being diversified is the best way to protect yourself from moments when growth gets too overheated, and the stocks come plummeting back to earth right now, though, that philosophy, that diversified philosophy, has fallen dramatically out of favor. The house of pain these days, the moment you step out of the classic growth so you can buy down and out stocks that seem like they have less risk, youre taking yo