World war ii victory parade next week. The u. S. Rally may not last. S p futures indicate u. S. Stocks will open lower today. The s p 500 is coming off its biggest twoday rally since 2009. Oil heading for its biggest weekly game since april. Wti up around 43 a barrel. Yesterday after reports the u. S. Economy grew faster than expected in the second quarter. Puerto rico being drenched by Tropical Storm erika. The storm is moving west after flooding the island of dominica. 4 people were killed and several more are missing. Erika could become a hurricane if it reaches south florida early next week. Thee has confirmed architects of its online radio strategy has quit. Ian rogers joined apple and has led the development of apple beats one. One is ae beats gateway to apples paid subscription. Apple is holding an event in San Francisco september 9. Central bankers have made their annual trek to jackson hole, wyoming. Taking part in the Kansas City Feds annual symposium. Randy greeley is there.
Tillerson for his nomination hearing. I said your administration is going to have to thread the needle, and figure out how on the one hand to push back against putins aggressiveness and meddling and interventionism. And at the same time stop a continuing downward spiral in the u. S. An relationship, that is potentially quite dangerous. But theyve got to do both sides of it. Rose and we conclude with a look at the Global Economy with sharmin moose aver rahmani of goldman sachs. You look at equity valuation, we actually have now just turned over into the tenth meaning markets. If people had gone out of equities in july of 1995, when equities were in the tenth decile, they would have never gotten a chance to get back in and would have left 500 returns on the table since 1995. So our key message is valuation alone is not a reason to go out of u. S. Equities, especially if you dont expect a recession. Rose politics, National Security and the Global Economy when we continue. Funding for char
Tillerson for his nomination hearing. I said your administration is going to have to thread the needle, and figure out how on the one hand to push back against putins aggressiveness and meddling and interventionism. And at the same time stop a continuing downward spiral in the u. S. An relationship, that is potentially quite dangerous. But theyve got to do both sides of it. Rose and we conclude with a look at the Global Economy with sharmin moose aver rahmani of goldman sachs. You look at equity valuation, we actually have now just turned over into the tenth meaning markets. If people had gone out of equities in july of 1995, when equities were in the tenth decile, they would have never gotten a chance to get back in and would have left 500 returns on the table since 1995. So our key message is valuation alone is not a reason to go out of u. S. Equities, especially if you dont expect a recession. Rose politics, National Security and the Global Economy when we continue. Funding for char
Tillerson for his nomination hearing. I said your administration is going to have to thread the needle, and figure out how on the one hand to push back against putins aggressiveness and meddling and interventionism. And at the same time stop a continuing downward spiral in the u. S. An relationship, that is potentially quite dangerous. But theyve got to do both sides of it. Rose and we conclude with a look at the Global Economy with sharmin moose aver rahmani of goldman sachs. You look at equity valuation, we actually have now just turned over into the tenth meaning markets. If people had gone out of equities in july of 1995, when equities were in the tenth decile, they would have never gotten a chance to get back in and would have left 500 returns on the table since 1995. So our key message is valuation alone is not a reason to go out of u. S. Equities, especially if you dont expect a recession. Rose politics, National Security and the Global Economy when we continue. Funding for char
That was. Lets take a look. Flipped to the negative territory. We are now just above that on the other side of the flatlined but the nasdaq is in negative territory. The dow is up only about. 01 . Lets go to the imap function. Financials accelerating losses nearlyw on the order of 5 . This is its biggest fall in the past half year. Materials down. Information technology also down. Utilities still up about a third of a percent there but that is because of interest rates. I also went to flipped over to another function in the bloomberg terminal. The folks at volatility across sectors and financials being the biggest drop but we can also see the biggest volumes are highest 150 rms of financials, up against the two day moving average. Telecommunications is up about 130 and industrials up by about 90 . Lets died deeper into what is deeperng with dive into whats happening with financials. About 9 . Down jpmorgan, its lowest in about 1. 5 months. Morgan stanley earlier was down by more than 1