Since may 17 was the last time we saw the s p 500 fall by at least 1 in the last time we saw drops of this magnitude in all of the major averages. To go look at the bloomberg g btv 912. Int is a chart of the moves the s p 500. Not seen e have again, this is another way to look at the move. Here is the oneday move and we have to find the drop. What is notable is that we havent had big moves in either direction really since that time. Theyve been relatively muted as we have seen volatility compressed and the daily moves compress and we have seen the range compressed. As scarlet mentioned, you do have the north korea rhetoric that was the spark and you also have the background of howard marks and people at pimco in t. Rowe price cautioning against being too bullish in this market. Averages,the major there are big declines. A lot of them tend to be quite volatile. ,he biotech index semiconductors around 2 . Is 1. 5 . Index the small cap outpacing the largecap stocks. Of the worst percentag
Since may 17 was the last time we saw the s p 500 fall by at least 1 in the last time we saw drops of this magnitude in all of the major averages. To go look at the bloomberg g btv 912. Int is a chart of the moves the s p 500. Not seen e have again, this is another way to look at the move. Here is the oneday move and we have to find the drop. What is notable is that we havent had big moves in either direction really since that time. Theyve been relatively muted as we have seen volatility compressed and the daily moves compress and we have seen the range compressed. As scarlet mentioned, you do have the north korea rhetoric that was the spark and you also have the background of howard marks and people at pimco in t. Rowe price cautioning against being too bullish in this market. Averages,the major there are big declines. A lot of them tend to be quite volatile. ,he biotech index semiconductors around 2 . Is 1. 5 . Index the small cap outpacing the largecap stocks. Of the worst percentag
The giants have 73. Lets hope for a nice sweep for the San Francisco giants to help my cause. You know who is celebrating right now . Kevin durant. This morning they had a party for him in maryland. It is kevin durant day. He is right there in the white shirt he has the nba championship trophy in his hand. That is his hometown honoring kevin durant. Speaking of the trophy, tomorrow here on the 9 the nba champion Golden State Warrior trophy will be here on this desk. I am happy to say i know what that feels like from a couple years ago. That will be such an exciting time. Pictures will be taken. Lets get to your news. An investigation under way on a deadly shooting in livermore. Officers shot and killed a suspect at a Mobile Home Park east of Livermore Municipal Airport near interstate 580. Leigh martinez is at the scene with an update. Reporter the corner has left the scene. We learned the house is on the other side of this brown building. If you look past the trees you can see the tip
Jersey. 12 degrees, but still plenty cold. Well below freezing for philadelphia and delaware. The numbers will be climbing. Lehigh valley mostly clear skies overnight. Allow the temperatures to come down. Once the sun is up, even though clouds will be moving in, temperatures will be climbing. 19 degrees at 9 00. 20 degrees at lunchtime. Still below freezing at noontime in the Lehigh Valley. Rest of the area is going to see a pretty good warmup and be above freezing by lunchtime today. Still have to deal with cold this morning. 17 now in philadelphia. Still cold at 8 00. 19 degrees. 11 00 so close to freezing that southerly wind will be increasing during the day. Very light to calm right now. No windchill to worry about this morning. You do have to layer up. Spending any time outside. Then, with temperatures climbing into the upper 30 and low 40s, were going to be fine tonight when rain moves in. Have a look at that when i come back in ten minutes. First Jessica Boyington has first aler
Of sweden. Sweden is not a member of nato. Neither is russia. Good morning, everyone. From a meeting of the World Economic forum, i am tom keene. Francine lacqua will join me in a moment. It is called today. It is adapting to the new world order. We will catch you up on the news in london, with sebastian salek. Europes biggest bank, hsbc, says Trading Operations that generate about 20 of revenue for the Investment Bank in london may move to paris. Speaking exclusively to bloomberg, Stuart Gulliver and was confident about londons future as a financial capital. Stuart this is a decision british people made, so we need to execute it. But london will return london will remain a global mental center. Ofelieve the revenue impact brexit on Financial Services will be made good in two or three years time. I do not see the Foreign Exchange market moving, the equity market moving, the highyield bond market moving. Specific we will happen is those activities covered specific by european legislatio