Moments ago. Our parent, nbcuniversal, investing 500 million in snap during the ipo, as the markets look to cap off a sixth straight week of gains. We have not had backtoback days of losses since the end of january. Ggv capitals managing partner glen solomon, wells fargo chief portfolio strategist Brian Jacobson join us to talk about the markets. Brian, and snap specifically, as this starts to clearly roll into some retail hands, what does that mean for tech and for overall sentiment . Well, i certainly hope that a successful ipo is a harbinger of further successful ipos. You know, you saw a decline in ipo activity last year because of market volatility, so maybe well see a little bit more activity for 2017. For the tech sector as a whole, i think that it shows that people are still optimistic about the outlook. Obviously, you cant extrapolate whats going on with one stock for the rest of the sector, especially such a diverse sector. We still tend to favor those parts of the tech secto
This is nightly Business Report with Tyler Mathisen and sue herera. Funded in part by all it takes is a spark. One idea to take flight. The courage to seek the unknown. To innovate, disrupt, to move us all forward, to explore a different perspective. At nasdaq, we connect the world, its ideas, its capital, its businesses, the people that drive global economy. The future isnt tomorrow. Its right now. All it takes is a spark. Nasdaq. Ready, set, hike. The fed starts its meeting where it is widely expected to raise Interest Rates tomorrow. The question is, is this the first of many . We will ask the experts. And foreign affairs. Tomorrows dutch elections are the first of many overseas even events. Health decisions. Which Companies Win and lose in the gops new Health Care Plan . All that and more on nightly Business Report for tuesday, march 14th. Good evening. Welcome. Well, todays snow flakes on wall street could give way to tomorrow and a flurry of Interest Rate likes. Federal reserve p
This is nightly Business Report with Tyler Mathisen and sue herera. Funded in part by all it takes is a spark. One idea to take flight. The courage to seek the unknown. To innovate, disrupt, to move us all forward, to explore a different perspective. At nasdaq, we connect the world, its ideas, its capital, its businesses, the people that drive global economy. The future isnt tomorrow. Its right now. All it takes is a spark. Nasdaq. Ready, set, hike. The fed starts its meeting where it is widely expected to raise Interest Rates tomorrow. The question is, is this the first of many . We will ask the experts. And foreign affairs. Tomorrows dutch elections are the first of many overseas even events. Health decisions. Which Companies Win and lose in the gops new Health Care Plan . All that and more on nightly Business Report for tuesday, march 14th. Good evening. Welcome. Well, todays snow flakes on wall street could give way to tomorrow and a flurry of Interest Rate likes. Federal reserve p
Nuanced. Im not real happy with the Freedom Caucus. But i have empathy for their position. Did you see theres one guy who already resigned . I have empathy for their position. I think it would have been better to i think the perfect i think they cut off their nose to spite their face. I dont know if they thought about it, the trillion dollars now that they have. 24 Million People will have health care. There you go. Whatever you think. Whatever youre reading. Whatever youre reading, probably continue with happy to get maybe 1 growth for the next eight years but now, the president is supposedly saying, if they wont work with us, well have to find ways to work with democrats. Yeah. They seem very amenable to that. Well hear some comments from him saying theyll be willing to schumer, i saw the compromises. We can go single payer. We can do drug cap price. Nothing was compromise, just solely democratic position. President trump is the closer. He will be able to work with democrats to make
And negotiate the u. K. Leaving the block. And hike guidance. There will be two more hikes this year. All speak today, what clues will they give on the rate path . Matt 30 minutes until the cash open across the continent and in the u. K. Today looks so risk off. Across theures up board and gains in the cash trade in your this the u. S. And europe. They are selling off sovereign debt as well. Lets turn to the gmm. Equity markets really strongly bed yesterday. Bid yesterday. Have decided to go even shorter on sterling. Are. 1 is where we take a look at the latest data. The market is short sterling. That will be one of the stories we will be watching. We will talk about that throughout the program. I am curious to get things from your perspective and how things are going down in brussels. The pound is going to be one of the big stories. Here is juliette saly. Juliette thank you. The u. K. Is set to trigger its exit from the eu. Ofy will limit the scope upcoming talks. According to three p