Drama in the Health Care Sector today. That group was the worst performing sector in the s p 500 on growing uncertainty over the republicanled health care bill, as senate gop leaders were looking to nail down final votes on their effort to repeal the Affordable Care act. Unitedhealth was a big drag on the blue chip dow index as a result today. But then just after midday came that statement from senator john mccain that he would vote no on the measure. That followed reports that fellow republican senator Susan Collins is leaning against the bill. And with the chance of passage declining, stocks moved. Health insurers including unitedhealth pared some of their losses and finished mixed. Hospital stocks got a lift by the end of the day. And the Dow Jones Industrial average lost just nine points, well off lows of the session, closing at 22,349. Nasdaq added four. The s p was up one today. And then theres apple. It had a rough day, capping off a rough week, its worst in the last year. The l
Anna good morning. This is bloomberg daybreak europe. Manus welcome to the show. Europe wakens up to the scene and catalonia, broadcast around the world where you have real risk that catalan may declare with 89 of the vote that they may go for independence. Does that mean for risk what does that mean for risk . We are looking at the euro. We are down. That eurog streak on has been broken. The longest winning streak on the euro has been broken, and it is poised to end. If you go to the blog this morning, they say the markets are taking the risk in catalonia quite well. The euro is down, but it is not being flogged. The best Case Scenario for the market and spain is the scheduled government sanctioned and official succession vote. The dollar is stronger this morning on the tax plan and the overall trump trade reignited. There are a couple different facets at play. Anna there is a euro and dollar store. There are calls on the e. U. To act from catalonia. Radarg up the risk underlining you
Out of las vegas as a shooting incident on the strip left at least two people dead. This is bloomberg surveillance. Updated onkeep you las vegas throughout the morning. Im Francine Lacqua in london. Lets quickly check on your data. Theres quite a lot going on today. Monday means we need to digest a lot of news from the u. S. Overnight. Just getting some breaking news out of bmi for the eurozone. Euro area september manufacturing pmi, rising to 58. 1. That is shy of the estimates, but just a touch. Preliminary was 58. 2. 58. 1 is what we are getting. The dollar rising, treasury yields up, investors trying to contemplate tax cuts as well as the chances of a new and potentially less dovish fed chief. Spreadse, we look at the between german and spanish yields. First, lets get to the bloomberg first word news. Heres nejra cehic. Nejra we start with that developing story. At least two people reported dead and 24 others injured after a shooting on the Las Vegas Strip. Police say one suspected
Mark ready to do it out. The simple and fair postcard. The tax code that we currently had to deal with. Everybody thought that would be the death of the big tax preparers and the stock. The ceo of one of the biggest Tax Companies in america said its not just a live and kicking. Big business and celebrities. Including santa rosa. Rushing to see the victims. They continue to battle. We will get you the story. We will talk to the ceo. A very exclusive winery and how they survived by running for their lives carrying their dogs. On wall street. Lets start the countdown. Breaking news stocks looking at just 24 hours ago. They are speeding towards new records. They are while surpassing the previous alltime high. We are so close to 23,000. The s p is up. The nasdaq is up 18. Bank of america and wells fargo reporting. The reports did not come without trouble. Bank of america was hit by a 15 drop in trading revenue in the last quarter. Wells fargo this is sort of the same story that we saw yeste
What janet yellen is doing at the white house. We are here in she is said to be there for a meeting with gary cohn. These are the latest in regular meetings they hold. Investors are concerned about what is happening with Janet Yellens candidacy for the fed chair post. She met with President Trump yesterday. We are seeing the markets continuing on this upward trend. A record high again. Treasury yields are up. The dollar is up. Optimism on tax reform. An announcement about the next fed chair anytime now. Financials and tech are leading the gains on the s p 500, which is up for tens of 1 . The nasdaq is rebounding from yesterdays losses, up. 5 . Vonnie we are learning the fed chair janet yellen is back at the white house for a meeting with gary cohn. It is a semiregularly scheduled meeting. We want to turn to washington, d. C. And have a look at what is been the priority this week for the Trump Administration. A little excited only heard janet yellen was back at the white house. Turns ou