Concerns about harsh factory conditions. Yvonne, we know equity markets here in the u. S. Were lower but what has been rising and rising quickly has been s p estimates by analysts. See so many upgrades because of how high the markets have passed the markets have run. I have a chart view that shows this g btv 8902 here is the yellow line here for s p earnings estimates this year. But how they are accelerating and rising given that the bull run, the record bull run we have seen so far, much faster than the s p estimates for 2019 and 2020. It looks behind the curve, perhaps wall street has been to how much tax reform seems to be propelling these markets higher. It is quite rare to actually see these earnings upgrades in the months of january so i guess they are starting to see this windfall when it comes to tax reform. But it was a wall street overnight. First you had down a 26000 and then you had down and you get back to flat and a lot of russians on whether this is a onetime affair or i
Welcome to bloomberg daybreak europe, our flagship morning show. Im anna edwards. We have great guests coming up, in particular from the frankfurt morning show. Bmw special representative joins us in about 15 minutes time for the first conversation of the day. That is followed by Stephen Armstrong at 6 30 u. K. Time. We will get into those conversations about electric cars, about diesel, about the future. Lets get to the markets, though. We need to tell you what has been happening over the last 24 hours. The United States picked up at risk on atmosphere we saw in the Asian Session and the european session yesterday. The snp, closing at another new record high. In fact, we have the snp here, charting its course through 2017, and pushing up against that green line, which marks where wall street strategists think the snp will get to. It was financials, technology stocks, insurers, all of those companies, quite a broadbased rally, bouncing after the receiving threat of Hurricane Irma. Inve
We hear from the ceo first, to our lead, President Trump has announced the United States will withdraw from the paris climate attacked and that he will seek to renegotiate the International Agreement in away that treats American Workers better. President trump i will immediately work with Democratic Leaders to either negotiate our way back into paris under the terms that are fair to the United States and its workers or thatgotiate a new deal protects our country and its taxpayers. Emily detect and history already responded to trumps announcement. Tech industry already responded to trumps announcement. Elon musk saying leaving paris is not good for america or the world. We spoke to a member of the Bloomberg Energy finance team about the impact of this decision. Gap between President Trump and Silicon Valley is a grand canyon at this point, but i think what is more interesting to me is the question of how committed business has become, not just Silicon Valley, but most big businesses in
First, to our lead, President Trump has announced the United States will withdraw from the paris climate pact, and that he will seek to renegotiate the International Agreement in a way that treats American Workers better. Pres. Trump i am willing to immediately work with Democratic Leaders to either negotiate our way back into paris under the terms that are fair to the United States and its workers, or to negotiate a new deal that protects our country and its taxpayers. Emily the Tech Industry has already responded to trumps announcement. Tesla ceo elon musk announcing his departure from the president s council with a tweet saying, i am departing the president ial council. Climate change is real. Leaving paris is not good for america or the world. We spoke to Colleen Regan from the Bloomberg Energy finance team and David Kirkpatrick about the impact of this decision. David the gap between President Trump and Silicon Valley is a grand canyon at this point, but i think what is more inter
First, to our lead, President Trump has announced the United States will withdraw from the paris climate pact, and that he will seek to renegotiate the International Agreement in a way that treats American Workers better. Pres. Trump i am willing to immediately work with Democratic Leaders to either negotiate our way back into paris under the terms that are fair to the United States and its workers, or to negotiate a new deal that protects our country and its taxpayers. Emily the Tech Industry has already responded to trumps announcement. Tesla ceo elon musk announcing his departure from the president s council with a tweet saying, i am departing the president ial council. Climate change is real. Leaving paris is not good for america or the world. We spoke to Colleen Regan from the Bloomberg Energy finance team and David Kirkpatrick about the impact of this decision. David the gap between President Trump and Silicon Valley is a grand canyon at this point, but i think what is more inter