And potentially we have a deal. What about the irish border . At one point it was that a twomonth high, 5 10 of a percent. And we are talking about 58 basis points, modestly steeper by a basis points as you had supplied coming from the front end earlier this week. Bitcoin, 10,000. Jonathan about the happen again. Alix 11,000 call . David it just keeps going. Extraordinary. We want to get some news outside of the business world. First word news. Emma good morning. Breaking news, matt lauer we understand has been fired, according to the new york times. More on that story as it crosses. On capitol hill, republican plans to push a tax bill through by the end of the year picking up steam. There was a closeddoor session, called somewhat of a lovefest. The Budget Committee looking to send the tax bill for a vote as early as tomorrow. And north korea warns that the latest missile can deliver a Nuclear Warhead anywhere on the u. S. Mainland. The regime conducted its first missile test in two mo
Brief. At 1 00 eastern time, we will see hear from randal quarles. At midnight tonight, the u. S. Government will shut down unless of the house and senate can, up with a lastminute compromise. Now, lets find out what is going on outside the business world. Time is running out for a partialo avert shutdown of the u. S. Government pay the house passed a measure that would keep the government open past tonight while Lawmakers Debate a longterm spending measure. Senate say they have the votes to block the bill. They want to include productions for young undocumented immigrants. According to people familiar with the matter, the fed wants to relax part of the post crisis demand to drastically increase capital levels. The fed is said to be opposed by the fdic, which has authority over banking rules. The European Central bank seems to be getting closer to signaling an end to quantitative easing. Almost half of those surveyed believe there will be a definite end date by june. That is a sign tha
It is a broadly weaker dollar story but it is by stocks, sell bonds. Yields move higher by two basis points. Crude up by 1 despite the fact that opec again upgrades its not opec supply forecast for 2018. Checking in your safety traits, you get a feel for the market is. Dollar lower. That is one of the changes. You wind up having a selloff over europe. The vix a little study. David it is time for the morning brief. At 8 00, the white house is going to be releasing an intersection plan. At 11 30, the administration will post its budget blueprint online. 240 billion for sixmonth bill. First of all, markets, are they stabilizing . The inflation fears. Are they justified . We are going to get a hint when we get the cpi numbers. Its a straight spike. Interest rate spike. A warning on the Interest Rates. Abramovitz, just a look at positioning in the market. Come inside the bloomberg. S p net positions. You are looking at the vix. You can see the stock reversal. We start with a record high and
Businesses that must confront and financially prepare for threats that seemed unimaginable just a few years ago. Jane wells is for us in las vegas. Reporter mgm resorts has announced its canceled all shows tonight. Thats what one thing people come to enjoy. Now coming to veg goods may change. In a place where people go to forget their troubles, they became sitting ducks sunday night to a lone gunman whose motive remains a mystery. I cant get into the mind of a psychopath. He lived 60 and reportedly had been placing large wagers, but for whatever rover, sunday night broke out a window across the street, killing dozens and hundreds ended up being injured. I didnt know whether to run, to stay, to duck. Its the worst mass shooting in u. S. History. It was an act of pure evil. This is a crazed lunatic full of hate. While Police Search pad docks property in nevada, nbc news has learned that his father was a serial bank robber in the late 60s once on the fbis most wanted list and diagnosed as
And with the s p 500 gain, too, we are looking at another weekly gain there. The best weekly winning streak of the year. Pretty impressive. Lets look at one of the drivers for this impressive amount. The earnings season, the Third Quarter earnings season. Andopped into the bloomberg look at g btv 26. The companies that have beaten estimates 2346. The companies that have beaten estimates. Season is likely to be a talent because the expectation was for yearoveryear growth of lust and 2 . 75 ofseeing that with the copies that have reported in the s p 500 so far beating, and it gives us a tailwind for the s p 500 and the nasdaq. Lets take a look at some of the tech winners for the nasdaq. All of these companies, as you can see, absolutely soaring, putting up huge, huge Third Quarters. Both microsoft and also that at alltime highs. Intel at its highs level since 2000. It seems the cloud is helping all of these counties. Microsoft Beat Estimates for the legacy units. For amazon, the cloud wa