And months talking about Hillary Clinton was going to turn out the vote. Matt walter is going to speak for a few minutes because we had historic wins down ballot. Thank you. I want to thank you and the rnc and chairman for the great work youve done. And you nailed it. There are too many inside the beltway conversations and youre missing what is happening out there. This is not something just happened this cycle. This has been building for a very, very long time. This is a culmination of something that weve seen happening. We went into this election at the state level in many respects as a counter balance to obamas failed policies here. And voters recognize that. Thats why republicans have been at or near alltime highs in offices all across the country in states, red, and purple and blud. Thats going to continue right now as we see it. Weve defeated the speaker of the house in kentucky and have picked up that chamber for the first time in 100 years. Defeated the Senate President in iowa
And months talking about Hillary Clinton was going to turn out the vote. Matt walter is going to speak for a few minutes because we had historic wins down ballot. Thank you. I want to thank you and the rnc and chairman for the great work youve done. And you nailed it. There are too many inside the beltway conversations and youre missing what is happening out there. This is not something just happened this cycle. This has been building for a very, very long time. This is a culmination of something that weve seen happening. We went into this election at the state level in many respects as a counter balance to obamas failed policies here. And voters recognize that. Thats why republicans have been at or near alltime highs in offices all across the country in states, red, and purple and blud. Thats going to continue right now as we see it. Weve defeated the speaker of the house in kentucky and have picked up that chamber for the first time in 100 years. Defeated the Senate President in iowa
The s p 500 down 1 . The nasdaq down more than 1 . We are seeing those attempts for a new rally, but they are not holding on to those gains. Take a look at the s p 500 intraday chart. We are not getting to that high we saw in may of last year. Right now, trading below that 2100 level. Lower, losing 1 . For the entire week already in negative territory. The s p 500 reversing three weeks of gains, down. 3 . The dow still clinging onto those gains of. 1 . Says there is the scrutiny from stock down more than 2 . That fund has been under investigations internationally from switzerland to four other countries. The bank is being asked to report on its 6 billion in bond sales. Take a look at intel today. Have a chip order from apple. This is a big win for intel. Apple had used qualcomm in the past, but they are trying to diversify their supply sources. We are seeing Government Bond yields across the world just plummeting. 10 yeary tenure yield losing for basis points. Thats four basis points.
Issues. About 30 minutes into the trading day in the u. S. Lets into the markets desk. Julie the preliminary reading on Consumer Confidence for june coming it at 94. 3, a slight decline from 94. 7 in may. It is above the slight average economics economist estimates. It was rated stronger than at any time since 2007. That is the fascinating figure from this. Tothe same time households not see the economy growing as fast as they did last year. That is what accounts for a little bit of slowing in Consumer Sentiment. The broader economy appears to be what is weighing on investors minds this morning. Not just here in the United States but around the globe we have seen a selloff as investors are trying to gauge the ability of Central Banks to stay off some kind of Global Economic downturn. Also people not necessarily wanting to be long in the weekend ahead of the week for the Federal Reserve that the bank of japan are meeting, and then ahead of the brexit vote. The nasdaq down by 1 . What we
Where julie hyman have the latest. U. S. Markets just keep going up and are very resilient, as we as we have frequent talked about. Trading higher, where we are right now that is the record so we are indeed closing in on that record level. A little further from their record closes but nonetheless moving higher today. Look at the s p 500. Since last may, that is the decline we are seeing. We will be seeing the s p can make up the gap. And reach a new record in the coming days. Once again, a commodity led rally, a broad rally. Tech are the Top Performing groups here. Oil inventories coming up in about 30 minutes. Last night, the epr reported there is a drawdown of about 3. 5 million barrels. We will see of the government numbers match that. The dollar decline in copper futures are coming back after yesterday passes losses. Economic data has been supporting. Percentage movers, companies that make this stuff, that produce the various commodities. Chesapeake energy up by almost 10 . And an