And amazon tops 1000. Stocks up 50 and on course for a 1 trillion sale tag. 1 trillion in sales. Yvonne a trillion dollar company, yvonne. Speaking of trillions, we saw on interesting reaction in the bond markets. Again, another day where yields the house and Senate Finally passed a tax reform package. Theaps all of this by on rumor in salem the news is affecting not only equities, but also the bond markets as well. Yvonne yes. Callsall of the extreme for yield curves to flatten, it seems like we are pushing back on that now. We are seeing a steepening here as we close 2017, betty. Reaction in the equity markets. Kind of a collective shrug. S p trading flat, and closing unchanged. Same with the nasdaq. The dow down about 30 points. Not setting up for a really recession. Of course we are waiting for the boj. Yvonne we saw a bit of a rally that petered out on wall street. Here is how we are. So on to new asia, zealand. A gross load in the third but a healthier picture than what economist
We are under 30 minutes to the close on equity trading in europe, and we are seeing some gains in european equities. A bit of by divergence between europe and the u. S. You can see broadbase base looking at the regions, the euro stoxx 50 up. Ibex is one of the better performers, up. 7. We have seen gains on the dax and cap 40 cac 40. Overall, equities are in the green. The fx space has been the story of dollar strength, bouncing back room a threeyear low. Euro down. 5. Cable unchanged. Not such a sizable move in that fixed income spaces. Of movement there. If we turn our attention to the stoxx 600 and what is happening within the Industry Groups, most are gaining on the headline level in the benchmark up. 4. Construction and industrial Good Companies leading gains and lagging are commodity producers, down. 5. Thanks also underperforming. Banks also underperforming. To the fx space, i was talking euro weakness. G10. Did well compared to the games have slowed as the rally in the yen has
The ninth day. Ng a gauge is having a tenday stretch. All of these currencies, sterling is rising against the dollar. Commodities are your final. Take a look at the difference between a article and spains 10 year yield. Followup from the referendum in catalonia has highlighted the performance between the two neighbors. Security upgrades are in a fitting from last weeks upgrade from Standard Poors area Standard Poors. That is a fascinating chart, keep an eye on that is the week progresses. We have some Construction Data in the u. K. , shrinking for the first time in more than a year in september. Frexit is weighing on manufacturing. Sinces the weakest level the aftermath of the referendum last year, weaker than economist estimated, that means it is contracting. Business optimism last month fell off according to the survey which highlights how brexit uncertainty is affecting investment decisions. This could have a bearing on boe officials who are signaling course for a rate increase, as
How conservatives are mounting a campaign against her. Kathleen it is interesting, the juxtaposition of two stories. They go region by region from a tight labor markets, wages are not rising. Janet yellen it ready to sit down with the donald trump, thursdays meeting. I wonder how much they will look at inflation and what he will try to get from her in terms of the future of rate hikes. Yvonne if we are going to hear any details of that meeting, gushing over janet yellen the way he was over john taylor. There was talk about how hawkish john taylor can be. Kathleen what was once letsered quite the dove, take a quick look at the market. Small gains across the board. 61, on the s p 500. 157. Dow at 23, a good seems second be slide up in asia. Lets see how things are looking in new zealand. I have been saying any day on this coalition government, it could be this afternoon we get an announcement by the new Zealand First party. Flat for the nzx 50, the kiwi ahead of that big announcement. Au
just over an hour ago and now along with the other candidates he is out greeting voters and all kinds of other polling places and on this long awaited election day all the candidates are trying to sound upbeat. . while the weather fuelled speculation about a lower-than- expected of voter turnout in the majors for of the monks did voters this morning. gery chico and his wife agreed people in little italy and proceeded to their own location to cast their ballot them but this is in the hands of the voters. the beauty of democracy is that the people are the bosses and their deciding as we speak. . front runner rahm emanuel did early voting but was also at the red lion el stop patricia van pelt wadkins was out at 630 casting her vote and carol moseley-braun turned in an early vote this morning as well. i am not in for special interests or lining the pockets with money. they want to be the mayor for all of chicago. also miguel del valle took a vintage early voting. he is vi