Melt away. All three major averages were at record highs early in the session. The russell 2000 late the declines. 5 . Caps down with the catalyst for this pullback today . What was the catalyst for gains earlier in the session . We did have earnings reports that came in stronger than estimated that there has been this continuing momentum trade where we just see more and more traders piling on including more participation from retail investors. Now it seems that is turning at least for the moment as we head towards the close of todays session. I noticed the 10 year yield. Earlier in the session we had seen it lower. Only by a small amount. Now we are seeing it unchanged. At one point it has been up slightly. A little bit of rejiggering in today in the major averages and other assets as well. At the groupsook on the move and was responsible for the pullback. We have real estate that has been strong throughout the session. Positive analyst commentary on the tower operators has sealed tha
President trump prepared to give the verdict on iran tomorrow. A new strategy as allies urge restraint. Betty it did feel like restraint in the equity markets. We saw it touched slightly lower. That is raising questions about whether markets are vulnerable to a sharp pullback. , whichook at g btv 1138 shows you the brett breadth of the market. It is the equal weighted indexes in the blue and white lines. That evens out the in influence on the index. You can see the breadth of the market. Falling, hashis is fallen consistently and emerged with europe. It looks like a rally we see in europe, much healthier than here in the u. S. Which goes to the point many people say. Which is, we are richly valued and are due for a correction. Yvonne we are seeing a freeze in this melt of stocks in wall street today. It is no surprise, given the euphoria we have seen today. The big story was the banks. Betty it was the banks. We will talk about jpmorgan and citigroup in a moment. Lets see where the ind
Grappling with the water crisis there since 2014. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Is next. Technology caroline im caroline hyde, this is Bloomberg Technology. Alibaba leads the charge. How the bets on content and the cloud is paying off for chinas ecommerce giant. S p. T highs for the we will break down what stocks are leading the game. The verizonyahoo deal is still in play, but now going into overtime. We will look into potential impacts on the acquisition of the verizons worst governments report since 2014. Alibaba reported betterthanexpected quarterly results. The company lifted its yearly sales forecast. Ventures are bolstering the giant. Dig into the nittygritty for us. Reporter its almost too good to be true. They raised sales forecasts. Is thatg interesting the number of active buyers didnt cry too much, less than 10 . A lot of the growth and reasons why investors are
Grappling with the water crisis there since 2014. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Is next. Technology caroline im caroline hyde, this is Bloomberg Technology. Alibaba leads the charge. How the bets on content and the cloud is paying off for chinas ecommerce giant. S p. T highs for the we will break down what stocks are leading the game. The verizonyahoo deal is still in play, but now going into overtime. We will look into potential impacts on the acquisition of the verizons worst governments report since 2014. Alibaba reported betterthanexpected quarterly results. The company lifted its yearly sales forecast. Ventures are bolstering the giant. Dig into the nittygritty for us. Reporter its almost too good to be true. They raised sales forecasts. Is thatg interesting the number of active buyers didnt cry too much, less than 10 . A lot of the growth and reasons why investors are
Commute direction and approaching the bay bridge. 24 minutes. Only slowing through san pablo and a clear drive through berkeley and the bay bridge metering lights. Looks good. Breaking news. A standoff is over in Washington State after an officer was shot and killed in the line of duty. The shooter then barricaded himself inside a home with two kids en side for several hours overnight before police were able to get to him and kill him. Were told the children are doing okay this morning and it comes after a Police Officer was shot last night as he was responding to a domestic disturbance. He was shot several times and later died at the hospital. The officer had been with the Tacoma Police department for 17 years. He was 45 years old. This is the first Police Officer to die in the line of duty in tacoma since 1997. Breaking now. Were getting word that buzz aldrin who in 1969 became one of the first men to the moon was rushed away from his trip to the north pole. While its not clear what