We are halfway through the trading day, and its been a little choppy. Julie this has been a flashback to what we were seeing last week where we are seeing a diversions between technology in the form of the nasdaq going lower as the dow gains on nearly on1 . It appears we are seeing rotation into things like financials out of things like technology, as we see some optimism surrounding the tax plan, but it is not universal. If you look at the nasdaq, the largest Cap Tech Companies are being affected more. That is outpacing the declines in the broader nasdaq composite. A couple examples of stocks we are seeing being traded lower. And square. This appears to be a combination of factors. Weve learned that a Company Paypal acquired was the victim of a Cyber Security breach that affected as many as 1. 6 million accounts. Both paypal and square do not have as much to gain from a tax cut because they have a tax rate. Low im not sure if we have a chart of those companies. There they are. Paypal
Michelle carusocabrera. Stocks are lower but steady. The dow managed to hit record intra day highs earlier columbus day is today. J. G. E. , the worst annual performance in years what investors should do with this the big announcement tesla is down 2 after they said they are derailing the announcement of the new semi truck until December Tyler mathisen is here here is what is happening now. General motors taking a bigger step towards selfdriving cars, buying a sensortech firm called strobe no price tab mentioned marvel drops a planned venture with northrop drum mondmonds. This comes after they attacked the company for potential ties with the defense contractor. Apple looking into why some of its iphone 8 batteries are swelling maybe they need antiinflammatoriries. Brian . Tyler, thank you very much greetings from the janus advisory conference. We have had low Interest Rates for a better part of a decade. A lot of people may have never invested rates are expected to go higher. How do yo
The dow and s p 500 and nasdaq all lower. Weve had a moderation of the declines, going back toward the lows. The dow down. 5 . The Philadelphia Semiconductor index underperforming a bit more. Wobbliness fore stocks globally must certainly seeing it in the u. S. This follows a pullback for highyield credit as well. We are seeing risk off and they in the haven assets. Bonds are trading higher. The yen gaining by. 4 against the dollar. Oil is considered a riskier growth asset. Down for a second day in a row. Up 8 . Last week, we had big declines in bitcoin. Lets go into the bloomberg and take a look at the stocks. While we have weakness for the chip today, on the quarter, its a different story. The Philadelphia Semiconductor index in white outperforming the dow and nasdaq in purple and orange. Take a look at the biotech index in blue. Down for the First Quarter in several. We had a bear market in 2015. Movers, some of the chip helping the stocks. Logic, applerrus suppliers falling after t
Now on bbc news all the latest Business News live from singapore. The indonesian government has decided it cant bank on its partnership with jp morgan decided it cant bank on its partnership withJp Morgan Chase. We find out why. And would Virtual Reality footwear takeoff . A report from las vegas checks out the latest offering from a japanese firm. Hello and welcome to Asia Business report. The indonesian government has dropped a number of Business Partnerships with the banking giant Jp Morgan Chase following the banks decision to downgrade its assessment of indonesias equities, so could government decisions like this but the finance sectors ability to give frank and fearless advice . Earlier i spoke with our Asia Business report bonded Karishma Vaswani and asked her if the move was unprecedented. Ina move her if the move was unprecedented. In a move can, that is what indonesia has done with regards to some of the Business Partnerships it has with jp morgan some of the Business Partner
Looks him was a certainty next week as fed policymakers are told to get on with it. 8 00 a. M. Across the emirates, 4 00 a. M. And and london. I am yousef gamal eldin in dubai. Ahn in tokyo. We are two hours to the market close. Now, the japanese yen paring some of those declines. We have seen a strengthening japanese yen because of the highest alert possible after north korea fired four listed missiles. The dollar Index Holding steady, while the nikkei is falling for three consecutive sessions. Gainingie dollar momentum after the rba cap the rate steady. 2017 asiapacific investors cooperation summit here. And Corporate Pension funds talking about the japanese economy as we see the aging society taking a toll on retirement payouts that corporations and the public to gon funds have through, zahra key time for the japanese economy, also with fourthquarter gdp numbers on wednesday. Absolutely. Day in terms of the big trades. Down. 25 percent, Energy Stocks under pressure. On the tadawul,