Breaking investment rules. This is daybreak asia, coming bloombergsrom headquarters. I am shery ahn. Betty, it seems to be all about earnings this week. We had netflix overnight, but we are gearing up to bank of america, goldman sachs, ibm. Earnings season is usually friendly for stocks. We see another round of gains. Betty we absolutely will be. It is interesting because, you know, we know earnings will be a driver, but there is certainly differing consensus or differing aboutamong strategists how much earnings will propel markets higher. We know mike wilson says it could propel the markets up 10 . We have a guest coming up who does not think quite that, is probably on the opposite end of that spectrum. Diverging views are forming. Shery i will be quite curious to ask him why he is so pessimistic. Many in asia are looking forward to other data points including chinas Property Prices, not to mention we do get rbas in the july Meeting Minutes. Take a look at what the markets are doing r
Lauren donald trump announcing to key positions as they learn who will lead his white house bid nicole stocks are set to extend the rally after the data set another record close on friday. Lets check in on u. S. Stock market futures this morning. But there is once again. Dow futures up 100 points. Thats up half a percent and getting more than seven. The japans nikkei index jumping 2 on the data from the country. Lauren nicole 4324barrel. Facebook with the social media site did not influence the president ial election. It should not be a completely responsible for fake news. Nicole in sports, a thrilling super bowl rematch between the seahawks and the patriots. Plus, Dallas Cowboys pull off a dramatic winner for the pittsburgh dealers. All sunday nfl highlights for you. Lauren 5 01 a. M. In new york if it is november 14th. Welcome to fbn am, your First Circuit todays markets in the latest breaking news. Nicole Samsung Electronics by inherent international for a day dollars all cash. Sam
Close to 85 points. Nasdaq up by about 27. Also take a look at treasury yields. Yesterday at one point the 30year hit a record low yield again. The 10year is yielding above where it had been. 1. 458 . Lets take a look at what happened overnight in asia after those strong results here in the United States. It carried out through the night. The hang seng up by 1. 6 . In europe in the early trade markets are stronger there as well. At least most of them. The dax is up 1. 5. The ftse just went slightly negative, but take a look at italy. That stock narcotic up about 2 . Spain the ibex is up 1. 9 . Crude oil prices, you can see equities higher this morning. Yesterday wti closed at a twomonth low. This morning up. On todays economic agenda, theres one report. Expected to show inventory rose slightly, but we have plenty of fed speaks today. Cleveland fed president spoke overnight in sidney. Chef said maintains stability in the Financial Markets should not be an explicit goal for the ed. A lot
Brent a decline of 49 cents. Couple big corporate stories to tell you about. The biggest one, its final. Its here. Verizon set to announce an agreement today to buy yahoo for 5 billion. Sources telling us that yahoo will no longer an operating company after this. It will become a Holding Company for stakes . Alibaba and yahoo japan. Has a small platen portfolio to sell. Marissa mayer not expected to stay on after the deal is completed. Her severance, expected to be 57 million. Well have a lot more on the story in a couple of minutes. Other news as well. Tesla and solar city, theyre reportedly closer to a merger. No brainer. Thats a new one. One brain. Elon musk the largest share hoeflder in both companies. In the final stages of carrying out Due Diligence on both companies. The companies are carrying out due dial generals the right brain talking to the left . Elon did an interview this morning. Did you see this . Its a good piece. We dont get that paper. Its called the new york times.
Make their statement before trump gets under way there. Absolutely, bill, heres what happened. They started to gather north of the Silicon Valley region. For those of you unfamiliar with that part of california. The police were put on high alert earlier this morning. Specifically because of what happened in southern california. Costa mesa last night. There was a trump rally, it turned violent. A number of cars that were damaged. Riot police were brought in. Given the fact that mr. Trump is scheduled to speak shortly at that location in burlingame, specifically the Hyatt Regency, the police were put out early at that particular location. They have barricades up. You can see them just past those people we saw walking. A large contingent there are hundreds and hundreds of people at that particular hotel. They pushed against the barricades and then they tore them down and rushed the hotel. At that point, the riot police which were standing to the side moved in and pushed the protesters bac