Battle for dominance ahead. Lets check in on the markets. Caroline the nasdaq is coming off of its highs. The mood dips a little bit with the strikes being protracted when it comes to the auto sector. When you look at the inflationary pressures, its easing off of bit so we are up by. 62 . On the twoyear at 5. 04 and the bloomberg dollar is down by 1. 3 . Lets look at us i the dollar and bitcoin is slower. 26,870. Going into the mic removes when it comes to stocks. Ed there is no hyperbolic mover. I know were looking close at google and the antitrust case. Back in 2020, apple was considering buying being from microsoft. That has played in whats happening with the court with the testimony weve had about the relationship between google and search. Its interesting to see apple up for a second day. We want to get to the index levels. We are moderately higher on the week but we are snapping, there are three straight weeks of losses. If the fed rate is higher for longer does that make mega ca
Off more than 10 of its staff globally, ceo elon musk saying the company is looking for cost reductions and to increase productivity. Financials in focus again. Goldmansachs topping firstquarter estimates fueled by trading and Investment Banking. We begin by kicking off a new week for the markets, geopolitics on the front bunner. Were watching some of the risk premium in oil, back below 85. Brent, off 90 once again, but what an eventful weekend. I think some people might be surprised to come in and see Oil Prices Lower after the events of the week. Eurasia group says the size and scale of the assault by iran is greater than Eurasia Group anticipated, but there is hope, as you say, carl, and potentially some signs that we might have a diplomatic sort of response by this. Its certainly what the u. S. Is encouraging. Unclear what israel is going to do. Obviously, the next few hours and days will be decisive, because wall streets trying to figure out, is there going to be an escalation of
We are under 30 minutes away from the end of the monday session. Stocks are rising shrugging off the news out of germany today that Coalition Talks have collapsed. Investors overlooking that. They think the German Economy will continue to perform. On euro was lower by. 6 news of the collapse of talks in asian trading. It then rose by the fifth of 1 . Other options include a minority government option gauges pointing to a longlasting effect of the german news. We are seeing yields declined today. Commodities and cdf. Crude hit a record and futures highs in theyear last couple of weeks. Hedge funds are pulling back with the sense that the rally has reached its limit. Middle east tensions taking a uncertainty looming over saudi arabias choice to extend opec production cuts. Just below 540,000 contracts in the weekend of november. The swissuro enabling bank to exceed its target for growth in new money for the first 10 months of the year. 17 ts under management rose at 393 billion swiss fra
Day of my political life, i feel like its all been worth it. Politics, Paul Wellstone told us, is about the improvement of peoples lives i know that the work ive been able to do has improved peoples lives. I would do it all over again in a heartbeat. For a decade now, every time i would get tired or skurdiscoura or frustrated, i would think about the people i was doing this for and would get me back up on my feet. I know the same will be true for everyone who decides to pursue a politics that is about improving peoples lives and i hope you know that i will be fighting alongside you every step of the way. With that, mr. President , i yield the floor. Senator al franken calling it the worst day of his political life, says in the coming weeks he will resign as a member of the u. S. Senate after several allegations of inappropriate behavior, allegations he said were simply not true, others he remembers very differently, adding i know in my heart nothing ive done as a senator has brought di
The nasdaq is on track for its best monthly gain since july of 2016 the s p 500 is at its biggest monthly gain since last february the s p and nasdaq have risen seven of the last eight trading days if you were waiting for things to slow down, you are still waiting. Triple digit gains for the dow already this morning overnight in asia there were gains this came after the strength yesterday with the dow up 200 points. The hang seng was up by 1 shanghai was up by 0. 1 . The nikkei did give back some ground in europe this morning, there are some green arrows across the board. Gains of a quarter percentage point for germany and the ftse in london. The cac in france is up by a third of a percentage point. If you want to look at treasury yields which have been picking up ground, you will see the treasury yield for the tenyear, sitting about the same, 2. 544 lawmakers in germany reached a break through in talks to form a new government the euro rising. You need a government. Euro rising to new