The s p down. 5 . The nasdaq little changed. The vix is little changed. 37, quite elevated compared to where its been recently, still at its highest since 2015. A lot of investors asking if normal the new after getting used to suppress volatility over the last year or so. 500 overok at the s p the course of the session. We did see that plunge at the open. Before it got closer to the unchanged line. Something interesting that our bloomberg charting team noticed today had to do with not just , whicholatility exacerbated the selloff, but also people taking money out of long volatility vehicles. This looks at the shortterm futures etf daily close and a vix shortterm etn daily close. One of these shorts volatility, one of these double long volatility. We saw money come out of both of those. The folks who were long volatility make money. Made money. We have the spike in the vix. Session,ack to todays in terms of what is holding back further declines in the u. S. Market, part of it has to do
The a package is for 94 billion. Approval was expected. Merkel Closing Party holds a majority in parliament. The head of the vote, she said it was their duty to help greece. Chancellor merkel i know many have doubts and worries about whether thisll be successful whether greece has the strength to criminally go down this road and nobody can wipe beside those worries, but i am convinced of one thing we would be grossly negligent, even irresponsible, if we did not at least try this road. Erik with the promise of help on the way greek Officials Say banks will reopen on monday. They have enclosed for 20 days. As if this fiscal crisis were not hard enough on the greece, a large brush fire erupted near athens and push clouds of smoke into the capital city. Matt federal authorities are not yet pinpointing a motive in the attack that killed four marines in tennessee. Investigators are checking social media and questioning funds of the friends of the alleged shooter, mondelez Mohammad Youssuf ab
In the data today and as we look to the jobs report tomorrow. If you look at whats going on in stocks, we are seeing very similar action to recent to action reasonably. Gains across the board. All three major averages higher. Onenasdaq is only up quarter of 1 . All three averages are trading at records on a closing basis. The s p and nasdaq are on an intraday basis as well. One group weve seen lagging, the socalled fang stocks is rebounding. All trading higher. Netflix in particular, it has been bugging the recent downtrend. Mashable is reporting the company will raise prices in the u. S. In november on its middle and toptier plans. That stock is doing the best among the fang. Some of the best include constellation brands. Mexican beers earnings desk paper earnings estimates. Also growth on its highermargin brands. Raising its forecast as well as those shares rise. Bio jen, Morgan Stanley is saying the company has been robbed of medication remains underappreciated after they outpaced i
30 minutes into the trading day in the u. S. , and it seems like market can do no wrong. Julie hyman is here to explain. We are seeing a pullback which is not surprising after the big gains yesterday. The dow turned positive a moment ago, but have come back down. 15it does arrive, it will be of the last 14 sessions that we see the dow industrial average. 44 years ofowest in ess claims. The rally yesterday is the largest we have seen this year. What is Holding Stock back at the moment is the cyclical groups benefiting. The economically sensitive groups. Moreed is starting to get attention of its march 15 meeting after Lael Brainard hinted that a rate increase would happen earlier rather than later. Notable, feds on future pricing and 80 chance we would get an increase on those rates. Want to bring it back to individual stocks were we are seeing earningsrelated winners. Monster beverage shares up 16 . Beating estimates by 17 . Its Energy Drinks doing well. Some of the brands from cocacol
Responsibility calling him, one of its soldiers. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Im Alisa Parenti, this is bloomberg. Bloomberg technology is next. Caroline im caroline hyde, this is Bloomberg Technology. Googles advertising crisis goes global. The u. S. Joins the u. K. In the backlash over terrorism. Fitbit turns 10, the ceo reflects on the early hypergrowth and the recent troubles facing the company in its turnaround efforts. The senate votes to nullify fcc broadband rules. That means for internet giants and your data. To create a lead googles advertising crisis goes global. It began with an investigation by the london times newspaper, which found, some ads ran with you to videos promoting terrorism and antisemitism. The Guardian Newspaper even the you pay government called u. K. Ads from googles display network and youtube. Then wednesday, the boycott spread across the atlantic, with at t, verizon, johnson joh