Friday session. Down by one point 5 today, we had the Catalan Parliament voting to implement an independent state. Spain senate giving spain the power to take control over catalonia. The plot thickens, the imf down by 1. 5 . The stoxx 600 is up for the six week in seven. The euro down for a second consecutive day, over two days since the ecb announced the whole roster news yesterday. The euro down almost 2 . The biggest today declines in september. We have the 10 year rising today. , weerday, with the reverse saw european bond yields declined on the back of the ecb news. I just want to get to ubs today, chief executive Sergio Ermotti reposting expectations for a share buyback. He talked to down the prospect of dividends increasing proportion of the profit. We saw shares lower by 1 and also subdued client activity in the fourth quarter. Revenues increasing across International Wealth management, net margins and measure of profitability. Little changed from the second quarter. A busy cou
Little homage to netflix as Stranger Things debuts im Carl Quintanilla with Michelle Carusocabrera and john fortt at the New York Stock Exchange joining us, Scott Galloway, author of the four, and with us, as well, lead internet analyst mark mahaney obviously, guys, we know the top story. Shares of amazon, alphabet, microsoft, intel, soaring across the board, pushing the nasdaq to another alltime high. We had a parlor game this morning about which move this morning is the most impressive of those four. What would you say of those four, lets see, just had the acceleration, at least in the internet names, and it was pretty clear and even across a bunch of geographies and product lines, whether amazon with retail and cloud or google with advertising, even search advertising is accelerating and also with their Cloud Business and maybe with their hardware business, so another word for these names is acceleration stories and stocks typically go up with that. Both are aggressively investing i
Coming up for you in this edition of closing bell, amazon, alphabet, microsoft, intel, and starbucks reporting earnings today. Breaking down intels big quarter exclusively to the cfo, bob swan. Theres a bunch of others out there. Just went with the headlines. I hear ya. All the first five minutes of next hour. Alphabet may dominate the digital age, but Martin Sorrell said amazon is the biggest threat to his industry, and hes joining us in a moment to explain why. First, lets begin with the reaction to the president s tax proposal. Steve leisman at cnbc headquarters to look at the Economic Impact has. Eamon, you first. Bill, one of the questions here has been over the past 24 hours or so coming to the president s tax plan has been whether or not theyll make changes to 401ks and tax treatments. I asked sean spicer in the briefing, over after the briefing, i spoke to an official here who clarified they are not planning on making changes at all to 401ks in terms of the tax treatment. That
The dow climbing to a record incj high intraday high once again, so more room for equities. Tampered bygreen some red. The dow has been bouncing around today. It touched a new intraday high, but it has also fallen for much of the day as well. Bouncing between gains and losses. The s p and nasdaq have been consistently in the red throughout the day. They are dragged down by some of the disappointment on the earnings front. Onceally is a micro day, again, driven by these individual Companies Reporting earnings. Lets look at the winners and the s p. We have a align technology, orthodontics. They came out with revenue and earnings that Beat Estimates, and bank of America Merrill lynch upgrading the stock, saying that its penetration in the global orthodontic market can grow. Mohawk industries is the maker of flooring. That companys forecast above what analysts have been anticipating. Expedia, the Online Travel Second Quarter results coming in, topping one year ago results. Analysts are say
The dow climbing to a record incj high intraday high once again, so more room for equities. Tampered bygreen some red. The dow has been bouncing around today. It touched a new intraday high, but it has also fallen for much of the day as well. Bouncing between gains and losses. The s p and nasdaq have been consistently in the red throughout the day. They are dragged down by some of the disappointment on the earnings front. Onceally is a micro day, again, driven by these individual Companies Reporting earnings. Lets look at the winners and the s p. We have a align technology, orthodontics. They came out with revenue and earnings that Beat Estimates, and bank of America Merrill lynch upgrading the stock, saying that its penetration in the global orthodontic market can grow. Mohawk industries is the maker of flooring. That companys forecast above what analysts have been anticipating. Expedia, the Online Travel Second Quarter results coming in, topping one year ago results. Analysts are say