Overnight in asia, the nikkei flat. Hang seng and shanghai were weaker. The shanghai down by 0. 8 . In europe this morning, some of the early trade, just 24 hours after that announcement from british Prime Minister theresa may about a new snatp election, things have turned around. Yau european markets in the green. The cac and dax up by 0. 3 . The tenyear yield in the United States fell to a low of 2. 165 on tuesday. That was the lowest level since november 10th. Well keep a close eye on that today. The tenyear yield now is sitting at 2. 209 . Well have much more of this coming up later this morning. Lets get you to some other big stories. In earnings news, ibm reported Quarterly Earnings that beat expectati expectations, but sales fell short of estimations. Revenue declined 3 from a year ago. That marks 20 consecutive quarters of revenue decline. They have long talked about those revenue being empty calories, but a big debate about that remains. Youre looking that the stock down 4. 5
Leaving office. He talked to students about being a Community Organizer and how that laid the foundation for his political career. Chicago, where his president ial library is planned. I am alisa parenti, and this is bloomberg. Caroline i am caroline hyde, and this is Bloomberg Technology. Break down firstquarter numbers and a roadmap for the. Ear plus, the 3 million package dragged under the spotlight. Red over theseeing way big blue calculates ceo pay. Paiges flying car prepares to take off. A relief rally in Global Equities made its way all the backo the nasdaq, climbing toward a high. Abigail doolittle joins us from new york. What a day. Markets. Tell us about the wrap up . Whatsk on really describes we saw today. Full rally mode. And nasdaq all0 finished higher, each having its best day since august 1. They are now at levels that are the best since the middle of march and yet another record high. Lots of bullish activity. The question is can this last . Lets pop into the bloomberg
Morning. It is the kind of flashback wall street does not want to see. A lower finish by the s p today would mark its first ninesession losing streak since december of 1980. Were coming off eight straight negative days for the First Time Since 2008. And then that jobs number of course showing lower than expected payrolls. But, jim, the wages suggest that unless more people come back into this labor force, its getting tight. Less slack. Thats certainly a way to look at it. I think that the fed has plenty of ammo here. They can say, listen, weve got job growth. Weve got people make a little extra money. I know theres another whole scheme of thought which is hold on let it run. But in an environment where they think these are emergency rates, these are not emergency job numbers. These are job numbers that you get when things are fine. Now, i know that theres an undercurrent in the election which says that one party is saying, listen, not only things not fine but millions of people are los
We have more information on what went on inside the restaurant from the charging documents. He fired at least three shots sbo the wall and also sbo a computer that was on a counter inside of that restaurant. He told police that he was there to investigate reports of child sex slaves being kept inside that restaurant. Thats all part of the fake news reports that surfaced during the clinton and trump campaign. He also said that he was t pizzagate. E he said. Youll hear from neighbors how this is all impacting them. Thats the latest, back to you. Could have been so much worse. Thank you. Our Team Coverage is going to continue with a a closer look at fake news where it starts, outside comet pingpong with that part of the story. Reporter chris, were told for several weeks comet pingpong owners and employees have been receiving threatening messages on social media and getting calls into the restaurant. What were learning now is several other businesses along connecticut avenue have also been
Bullard told cnbc about a potential june hike. Obviously weve tried to be data dependent, and i dont think theres any reason to prejudge the june meeting at this point. We can wait until we get to the meeting, see what the data say and try to make a good decision there. I think on the issue of press conferences we have made many moves over the years without press conferences, so i think you could make a move without a press conference in this circumstance. The labor market data, as i said, if you just took your signal from that, wed definitely move, i think. As a reminder, june is scheduled to have a presser, july is not. Says were at or beyond full employment, jim. Right. Now, he had wavered last time because he felt if oil went to 20 then he would be a lot less willing to hike. Obviously oil went the opposite way, so i think he goes the opposite way. And i think hes being very considered, making good judgments. Yeah, if the numbers continue to be this strong, yesterdays number from T