Markets slightly lower, flat, off the lows of the session as charles said. No doubt, though, before making any bets, many want to hear what each candidate has to say about the Major Economic issues affecting the markets and the economy. So we in this hour are about to give you a jump on that. Our special president ial debate economic undercard, a powerful lineup for you. Larry kudlow, the National Economic Council Director, is here to defend the president s record. Former biden chief economic adviser ben harris explains joe bidens tax plan, his infrastructure plan and more. What happens if this election is not settled on election day . How should you invest ahead of that possibility . Billionaire investor marc lasry, ceo of Avenue Capital, owner of the milwaukee bucks, reveals how hes investing and our power panel. Biden donor Mike Novogratz and trump supporter Robert Kiyosaki face off on which candidate is better for the stock market. All right. So heres a live look inside the debate
And amazon tops 1000. Stocks up 50 and on course for a 1 trillion sale tag. 1 trillion in sales. Yvonne a trillion dollar company, yvonne. Speaking of trillions, we saw on interesting reaction in the bond markets. Again, another day where yields the house and Senate Finally passed a tax reform package. Theaps all of this by on rumor in salem the news is affecting not only equities, but also the bond markets as well. Yvonne yes. Callsall of the extreme for yield curves to flatten, it seems like we are pushing back on that now. We are seeing a steepening here as we close 2017, betty. Reaction in the equity markets. Kind of a collective shrug. S p trading flat, and closing unchanged. Same with the nasdaq. The dow down about 30 points. Not setting up for a really recession. Of course we are waiting for the boj. Yvonne we saw a bit of a rally that petered out on wall street. Here is how we are. So on to new asia, zealand. A gross load in the third but a healthier picture than what economist
Taking a look at stocks today, maybe people are reacting to earnings. Olivia we have seen betterthanexpected corporate earnings. A couple of pharma companies, ford, ofrd course. A little disappointment on the top line, but Financial Engineering boosting the bottom line. Things have called down a little calm to down a little bit. We see some movement in the british pound, gaining against the euro, the biggest move in about two weeks after british gdp gaming out came out, showing the economy grew 0. 7 in the Second Quarter. It is the 10th straight quarter of actual growth for the british economy. Markets are pricing in a rate hike in england in about may. Beat mark carney may have janet yellen to the punch. Olivia they think they want to do it until next may. Our funds are pricing them in for september. But the story was that carney could be the first to raise rates. How times have changed. Top headlines home prices in 20 big cities rose at a slower pace in may. Was upeshiller index 4. 9
Allow the rally to take place and to take the street today. The Largest Police actions were recorded in st. Petersburg and moscow. He was arrested by police as he apartment. Scow hundreds of people stood shoulder to shoulder outside the pulse nightclub in orlando, florida, early this morning, remembering the 49 victims killed there when you go. Then he Malaysian Ringgit was read aloud beginning at 2 02 a. M. Local time. The shooter pledge allegiance to the Islamic State during the attack and was killed by police during issued out after a threehour standoff. Globaglobal news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, i am julia. Scarlet i am scarlet fu. Joe i am joe weisenthal. We are 30 minutes from close of trading in the u. S. U. S. Stocks in the red for the second day running. Joe the question is, what did you miss . Scarlet not rated by the a
Economy with janet yellen about to testify. We have to get our head around what matters to her most. Clearly she hurries clearly she cares about data. The question is, is a data around the world as we look at china, japan, brazil, or is it the economy improving slowly . We have breaking news right now. Matt first i want to give you news on time warners dividend. If you are a shareholder, you will be happy about the fact that time warner is raising its dividend. Well, you might be happy. . 40 to . 40, a quarter per share. You are getting a next her nickel and a quarter per share. As far as earnings are concerned, we have eps from 1. 06 fromops, at time warner. We had total revenue at 7. 08 billion. I will look and see if those are comparable, but the Dividend Increase and the 5 billion Share Buyback program are things that can move the stock. I want to talk with vonnie quinn from first word news. Vonnie voters in New Hampshire sent a message to establishment candidates for both parties.