Earlier down about 0. 1 . Not so long ago down 0. 4 percent and perhaps of the continuation of yesterday selloff and loss of uncertainty to deal with and the headline that vicechairman of the Federal Reserve resigning and looking at that on the market in a moment. In terms of the underperforming relative to the nasdaq and it has the higher momentum stop that react more so on a risk offer and today is not really risk off but you would think so. Look at apple down after yesterdays 1 decline. Investors taking profits on one of this years top stocks and expedia is lower by 3 after , loadedvo trivago their full year profit. Nonetheless, one of the big drags and tesla is down more than 1 after nissan has released its first refurbished electric vehicle and seven years saying they will double cells and giving tesla a bit of a decline. An intraday chart and we are going to see the trend is down. This is about a 7 range and not too big. When the announcement came that Stanley Fischer is resignin
The champions chelsea 2 1 at selhurst park. And darren has the weather. Good morning, it is going to be another bright and warm day for many of us. Some rain in scotland and Northern Ireland. But tomorrow we start to feel the effects of 0phelia with the strongest winds in the west. All the details later. Good morning. First, our main story. Disgraced movie mogul, Harvey Weinstein, has been expelled from the organisation that runs the oscars. It follows the growing number of allegations of Sexual Assault made against him. The academy of Motion Pictures said its board voted well in excess of the required two thirds majority to expel him. Peter bowes reports from los angeles. He once ruled the roost. One of the most powerful men in hollywood. Harvey weinstein. The movie mogul, the studio boss credited with scores of oscar wins and nominations. But now branded a rapist, and a serial sexual predator, the hollywood producer has been kicked out of the worlds most influential organisation. It
Abigail doolittle is here to tell us how it is going. We have another round of alltime highs. Gains may be relatively modest but it does show us that the bulls are in charge. Last week was the fifth up week for the 500. Kitty started bti g says that even though the technicals are overbought, stay with the rally. Bloomberg and the have a look at this. Is also atst in blue record highs. They are telling us that only other shorts there in spades, but we have lots of open interest on that. Vix, bullish for stocks investors out there. Lets look at the movers for the s p 500. Resource stocks have had this commodity rally. The sixth dayor in a row. The best sixday rally for copper in the year. Newfield exploration, some of the worst. Nordstrom down 6. 9 . The company says they have temporarily suspended theyre going explorations. Summon that started in july. It looks like something that started in july. The holiday could have had an effect. One with a more than 10 job friday drop on friday. P
Separatist barcelona, standoff. Lets be clear, what we are seeing now has nothing to do with what we saw 30 years ago on this october 19th, thats when the dow fell 22 in one day. Thats a crash. [laughter] liz who is that . Stuart you could have gotten a better picture than that. How cute. Stuart i was fully functional. [laughter] stuart the crash shook the Financial System and shook me. Look at the picture. Ashley look at the hair. Stuart i had hair in those days lou dobbs on this program today. Thirtieth anniversary. All right, lets get to politics. This could help stocks, a vote on the budget is coming today and its expected to pass. That would mean the republicans could pass tax cuts without help from senate democrats. Now the president tweeting about this this morning, republicans are going for the big budget approval today, First Step Towards massive tax cuts, i think we have the votes, but who knows. Relax. Varney company is about to begin. Spain moves to take over catalonias gov
Are expected to rise as storms, floods, wildfires and droughts become more frequent in coming years. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti. This is bloomberg, Bloomberg Technology is next. Emily i am emily chang and this is Bloomberg Technology. The iphone x hits preorder markets this friday, but there may not be enough models to go around by christmas. Why shipments are reportedly cut and the potential implications for apples bottom line. Airbnbs unexpected vacancy. The china ceo walks away after just four months of the helm. What it means for the home sharers future in beijing. And the first steps to increase advertising accountability begins on capitol hill. First, with the release of the iphone x around the corner, nikkei reporting initial shipments expected to total 20 Million Units of iphones this year. Originally they forecasted 40 million. Apple has struggled to fix a lead screen, 3d sensors