Pullback in tesla stock on that noise and ready to buy more. Following bitcoins monster run, we have a special three buys and a bail edition for crypto. Thats all ahead. Right now, know, markets are seemingly moving towards the highs of the session. Its green across the screen. You can see right there, the dow up about 0. 2 of 1 . The s p 500 up almost half of 1 . And thwe have boeing and Spirit Aerosystems. There could be deal talks growing between the two. Thats where spirit shares are up north of 13 . Plus, our chart of the day. Its new York Community bank corps, ticker nycb, down about 25 again. This is the embattled new york based lender that replaced its ceo at this point. Thats where we begin. Leslie picker is here with the latest ohhen this saga. There are multiple headlines involving them today. Multiple headlines, youre right. Still losing about a quarter of its valuation. All of these just the latest salt in the wound of investors who have held onto new york Bank Community c
We will hear from Lloyd Blankfein and others, coming up on the european close. Have a look at where european equities are trading today. This is the chart we want, global macro movers. Equities, currencies, bonds, commodities, mix today, as you can see. Technology stocks sunk yesterday down for down from 2. 8 , mirroring what happened in the u. S. Not falling as much today. I slant is lower, luxembourg and denmark are higher. Lower,andi is luxembourg and denmark are higher. Sovereign bond yields are declining today. Commodities. That is the situation on the gmm function. Credit suisse is in the news today. It is planning to return half of its net income to shareholders through buybacks and special dividends and wants to reward shareholders to bolster the banks finances, after capping shareholders for more than 10 billion swiss francs in recent years. The best been selling risky assets and entering the final year of restructuring. Shareholders have stayed with the bank. Aviva in the new
John kelly has denied reports of that the white house is planning to remove Rex Tillerson and replace him with cia director mike on pao. Global news 24 hours a day powered by more than 2700 journalists and analysts. This is bloomberg. Emily i am emily chang, and this is bloomberg technology. Coming up, the bitcoin waiting game. The ceo gives his take on the volatility of the worlds most traded cryptocurrency. Shines onspotlight google. How will big tech respond . And a if i front ai at the front lines. How machines have affected social media. Inhnology stocks rebounded thursday trading from the worst drop in more than a year. While the nasdaq is recovering, the dow staged the third triple digit gain in a week. Where are we in the market cycle . Our equity strategist joins us from new york along with our guest host for the hour, david kirkpatrick. Gina, i will start with you. Where are we . You said these stocks could be subject to rotation risks at the end of the year. Is that what we
Cable up by. 3 . Hit sofutures, tech got hard yesterday, we are getting a bit of that back. David oil traders around the world are heartbroken. You have thrown them over for going. It is all jonathans fault. Ok, parliament is debating President Trumps controversial tweet. The president was wrong to retweet antimuslim videos from a far right group, britain first. Earlier, the president tweeted that Prime Minister theresa mays focus should not be on him but on the threat posed by islamic terrorism. The synod is moving toward a final vote on the massive tax overhaul bill as early as today. Lawmakers voted along party lines to begin the debate. That doesnt necessarily signal that Republican Leaders have the authority votes they need. Theenate republicans passed tax bill, they still have to hammer out differences with the house version. Oil prices are edging higher hours after opec meets. The cartel and russia are ready to extend production curbs until the end of next year. The goal is to f
Have a look at my bloomberg chart to illustrate how it comes together longerterm. Now that we have seen the data comes through, given the fact they had the hike in south korea yesterday, something to keep in mind. Real rates have diverged between japan and south korea. The boj is not doing anything and inflation is picking up slowly. When it comes to south korea, we are getting a lot in terms of inflation. You would expect to put some pressure on dollar one moving forward, g btv 5102. When it comes to the markets, it has been a topsyturvy session. In mood music has changed several times. Lets get it over to sophie to get a sense of what is happening. They are grappling with disappointment over the tax vote. But not too shabby Economic Data from across the region. We have seen the kospi gain of 0. 2 . Japanese futures looking fairly flat. There could be indication japanese stocks could rise in the afternoon session. The yen is trading flat at 112. 55. Filling up the board to show you wh