When we saw a massive drop. Union pacific was the rail in the news this morning on corporate earnings. We will speak with lance fritz a little later on. Union pacific beating on many important metrics. Lets have a look at europe. The stoxx 600 down just 1 10 of 1 . The s p down 5. 1 after a very disappointing quarter. Its dragging on the docks as well. I mentioned a rally in global bonds. At 2. 15 10 year yields , just a few basis points above the u. S. 10 year yield. The reason for that is the ecb. We will talk about that, as well as sterling, which is rallying on some brexit news in parliament not getting any new Prime Minister a mandate to go no deal. Meanwhile, a cautious pledge to provide fiscal support if dangerous materialize. We are joined by erik nelson, Wells Fargo Securities strategist. G7 finance ministers. Can anything concrete come out given the concurrence at work among these economies right now . Good point. A i think theres so much in these individual economies that th
sharply higher on new hopes for a vaccine and drugs to treat the fast-spreading coronavirus a big spin-off from merck. the company announcing plans to split a number of its slower growth products into a separate public company next year disney plus growing at a faster than expected clip, nearly 29 million subs, and counting yesterday s rally saw the dow and s&p best day performance since august nasdaq s eighth record close of the year jim your point about the president, the lead headline in the page one of the times is a buoyed president a lot of that about the country. you contrast what the democrats and republicans talk about is extraordinary the president is making the strong case there s a lot of money in the market. $12 trillion is being created wealth the democrats saying that wealth is not so-called trickled down, it s not helping for people in transportation costs, student loans, prescription drugs. it s almost like we re dealing with two different countries y
Yesterday was a standout day. It was the best day for the dow since may 19th the best day for the s p 500 since may 24th and the best day for the nasdaq since december 11th of last year. Things are looking cautious at the open overnight in asia, the nikkei finished up by 0. 8 . The hang seng and shanghai were weaker hang seng down by 0. 3 in europe, some of the early trading thatsalready taken place, you can see right now it looks like there are some modest advances for many major indices. The dax and cac are up the ftse is flat crude oil prices were under pressure yesterday crude settled at the lowest level since november of last year it was down 54 cents to 44. 20. This morning its down another 8 cents. Testing that 44 level at 44. 12 you got the beach on your mind a little bit. Okacean i was thinking ahead to stocks i have not had coffee yet. Following a developing story in barclays. Uk authorities filed criminal charges again the bank and four Top Executives under undisclosed payme
Convicted in the shooting massacre at a South Carolina church. Dayal news 24 hours a powered by 2600 hurdles journalists and analysts. This is bloomberg. I am caroline hyde, this is bank of America Bloomberg technology,. Present himself ordered a campaign against the u. S. Election. We dig into the new u. S. Intelligence support as donald trump denies of the cyber attack. First to our lead. A positive lead on wages brings the dow higher. Average Hourly Earnings dropped 3 since the end of the last 2cession back in june thousand nine. That brought the s p 500 back to record highs with the tech sector leading the way. What is leading the charge . This one it up on percentage point. Facebook, amazon, netflix, and google all rallying almost 2 this week. For more we are joined by oliver renick. Overall, it was a strong day for tech. The dow once again going back and forth around 20,000. 1230. Lly popped around it is that there before falling off. Is thery of the market largest degree of gain
Convicted in the shooting massacre at a South Carolina church. Dayal news 24 hours a powered by 2600 hurdles journalists and analysts. This is bloomberg. I am caroline hyde, this is bank of America Bloomberg technology,. Present himself ordered a campaign against the u. S. Election. We dig into the new u. S. Intelligence support as donald trump denies of the cyber attack. First to our lead. A positive lead on wages brings the dow higher. Average Hourly Earnings dropped 3 since the end of the last 2cession back in june thousand nine. That brought the s p 500 back to record highs with the tech sector leading the way. What is leading the charge . This one it up on percentage point. Facebook, amazon, netflix, and google all rallying almost 2 this week. For more we are joined by oliver renick. Overall, it was a strong day for tech. The dow once again going back and forth around 20,000. 1230. Lly popped around it is that there before falling off. Is thery of the market largest degree of gain