Close of trading. Julie hyman, how are Stocks Holding up . Julie relatively well. Janet yellen is not derailing the rally, small though it was. We have pretty much made a round trip to where we were before she made her comments about Interest Rates potentially going up at some point this year. There had been some expectation going into her comments that she might be more dovish. Basically, with that more dovish commentary, that created a market reaction. If you look at volume on the bloomberg, it is definitely down. Down, in fact, more than 25 . You see various groups on the s p 500 and the drop in volume. From harvard interviewing janet yellen made a good economy joke, saying there were investors delaying their private jets to the hamptons because they wanted to hear what she had to say. The stocks contributing to most of the gains today, google on the rise after a victory over oracle in court yesterday and a dispute over the origins of android. Verizon gaining after news that it came
Care about the middle class and added no Party Nominee has been less prepared on National Security and Foreign Policy than trump. An airstrike at a hospital supported eye Doctors Without Borders in northern yemen today. The New York Times reports at least 15 people were killed, dozens more wounded. A fastmoving wildfire in california one of several burning in the state has spread to more than six square miles, Officials Say the place has destroyed 100 homes in the lower lake area 90 miles of san francisco. Local news 20 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am mark thompson. Bloomberg west is next. Emily i am emily chang and this is bloomberg west. Dropbox discusses an ipo. Is the Company Ready question mark we will discuss. Heres one of the biggest names in european [indiscernible] on why he sees lots more m a in the pipeline and the Security Firm at the heart of one of political hacks of all time. An exclusive conversation with
Officials say the place has destroyed 100 homes in the lower 90 miles of san francisco. Local news 20 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am mark thompson. Bloomberg west is next. Emily i am emily chang and this is bloomberg west. Discusses an ipo. Is the Company Ready question mark we will discuss. Heres one of the biggest names in european [indiscernible] on why he sees lots more m a in the pipeline and the Security Firm at the heart of one of political hacks of all time. An exclusive conversation with crowd strike, the company that pointed the finger at russia. First, to the lead. Dropbox is considering making the big leap into the Public Market. Executives met with advisers to discuss the possibility of going i17. As soon as this according to people familiar who say the File Storage Company wide to discuss the feasibility of a listing and get a sense of valuation. A few years ago the company was valued at 10 billion in the p
Gain for the close. Julie a could be a gain for the month of september. We will not know until the close. All three major averages are at the height of the session. What is contributing the most we are seeing the financials strong eddies of are the stocks that are singlehandedly contributing the most to the gains. Bank of america, citigroup, represent in the financials, coming back after losses yesterday. Pfizer as well. We saw broad weakness in the pharmaceutical industry yesterday. Amazon another record for amazon. It has been day after day for that company. We have also been watching outside of stocks, what has been going on in the bond market, currency market as well. Note, look at the 10year the moving we have seen in the 10year there, too, we have had some reversals going backandforth this week. I think we are having some technical difficulty on that front. There, too, we have seen a turnaround. There you have it. Point 1. 59 ,s reversing the declines we have seen in recent days.
Inflict says it did not substantial harm. Issues issues patent surrounding beats. The International Trade Commission Says it will a trade on both. It was filed just days before apples acquisition was completed. Russianead story, hackers strike again, this time targeting the u. S. Financial system. The hackers broke into the system of ap morgan chase and at least one other bank earlier this month, swiping gigabytes of sensitive data. Two people familiar with the at with the matter say the fbi is investigating whether this was retaliation for sanctions against russia. Is in the studio. And joining us from washington, michael riley, the reporter who broke the story. Angela must, the ceo of cyber spot. Michael, i will start with you. What do we know and what kind of information is stolen . What we know is that in the mid august, jpmorgan and at least one other big banks were aeached in what appears to be very sophisticated attack. In at least one of the cases, they went through basically,