With serbia this morning, killing a policeman and forcing another case. The government of the republic of kosovo has read the tension in the north 4 months before the controversial elections in 4 Populated Areas and where it has rained, it should be possible to make purchases with iranian bank cards in iraq next year, the International Vice president of the central bank said that the dollarization of pilgrimages will continue with the negotiations with the iraqi side. We hope that next year our compatriots will be able to make purchases with an iranian bank card in iraq and viceversa, eliminating peoples foreign trips, an issue that started with arbaeen, one million and one hundred thousand of our beloved pilgrims, amounting to 190 million dinars, which was equivalent to 6 hemats, arbain currency. You came in the form of the countrys currency we have come and provided dinars and we are going to eliminate the banknotes of negotiations with the iraqi side in the coming years so that we c
Latest to blow through expectations go big or go home. Go big or go home, and theyre actually delivering. The facts are all there. Fundamentally, are some of them stretched . Probably, a little derivatives markets continue to go after those major names, major indexes, and theyre buying more upside, scott. Do i think its over i dont. Do i think its probably a little bit is it heated yes. Is it overheated no were not discounting the fact that the russell has done incredible well. Thats set new records too there are high predictions and forecasts for smaller and midcap stocks because of tax reform and exposure, et cetera however, new dow highs today, jpm, travelers, verizon, earnings season littered with Big Companies with great reports. Utx, amex, jpmorgan. Youre exactly. Youre right to point that out okay, the russell is not really where were seeing the significant moment so far. Thats a lot to do with what you see in the currency. But i go back to talking about momentum 2018 is all abo
Global economy. Jamie dimon speaking space of do bloomberg. Like 15 years. Ng europe is doing actually rather well all things considered. America is still chugging along. Good a pretty welcome to bloomberg daybreak. I am anna edwards. Europe. Manus looks like they are making it official. Anna details coming through, clarion and huntsman set to close by the end of the year. They will combine in a merger of althoughhey say, clarion holders will take on 52 of the business, huntsman 48 . A dual listing in switzerland and in new york. You can find the details about the savings they can get, and this has already been an historic year in terms of m a in terms of chemicals. 300 billion in m a planned, better than the previous record. Manus and more news coming through, looks like lafarge has appointed a new ceo. They were close, a lovely line coming from the analysts, saying he needs to recruit a new ceo who will turn the page and get on with it, and that seems to be the key. Hes german. He wa
Getting worse. Wayfair shares are sinking concerns about the Online Furniture companys margins and its plans to increase ad spending weighing on the stock, down a little more than 5 off those record highs that it hit earlier. Not to mention potential competition from amazon. Well talk about all of this with the ceo in an exclusive interview coming up this hour. Who, by the way, does not consider himself in competition with amazon. He feels like their niche furniture cannot be replicated. So far neither do investors this has been one of the hottest stocks in the Retail Sector this year. Momentum stock. The question is what does amazon have planned . Dow component disney reports earnings well tell you what to expect and, yes, a first on cnbc interview with ceo bob iger and, of course, everybody is wringing their hands, of course, over espn lets bring you up to date on the markets here the dow down nine points we all know the dow has been up 10 consecutive days. Nine of those have been a
263,000 jobs, that caused the averages to roar higher for most of the day. But then the Federal Reserve threw cold water on the whole market. Yep, when the fed minutes from a month ago were released, we saw that they talked not about the economy being strong, but about stocks being too strong, it was almost as if the fed was saying that the stocks had gotten ahead of themselves so they had to take away the punch bowl with some stock bad mouthing. Paul ryan came out and said that tax reform will take longer than health care. Whats longer than never . Put it all together and the averages only went into a tail spin, erasing our earlier gain, causing the dow to close down 41 points while s p lost. 31 and the nasdaq sank. 58 . The fed signaled that maybe things arent as great as the bulls may think, which sent markets plummeting. Thats why i have to stress displadi discipline. At 1 59 at the top of the session, it went on for about five minutes, it looked pretty frosty. Since we have got th