And the Federal Reserve. Though the central bank did not move on Interest Rates today, it may be setting up to do something in the near future. So lets start with the first issue, the race for the white house. Investors are clearly nervous. The s p 500 fell for the seventh straight day, its longest losing streak in nearly five years. As the narrowing race brings more uncertainty something markets dont like. But given all of the nervousness, a number of wall street firms are out with notes telling clients, essentially, to stay calm. Eamon javers is following that part of the story for us tonight from washington. Hi, eamon. Yeah, hi, sue. We have heard a lot, and i mean a lot, from the political pundits so far this year. Maybe theres another group we should be paying attention to. Forget the political pundits. What are the wall street analysts saying about next weeks election . Goldman sachs issued a report this morning, saying, they still expect Hillary Clinton to win on tuesday. Bulls
It includes diane hendrix. The chairwoman and owner of abc supply. Darlene jordan. Executive director of the j r jordan family. Betsy mccoy. Former new york lieutenant governor. Brook rollins, president and c. E. O. Of texas Public Policy foundation. There has been no claim of responsibility following twin bombings in thailand leaving one person dead and 20 others injured. The explosions occurred in a popular seaside resort. Global news, 24 hours a day powered by our 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Loomberg west is next. Emily this is bloomberg west. Coming up, a millennium milestone. In the market, all three major u. S. Indices closing at record highs. This is the first time this century. We will break down the historic day. Diversification at alibaba is starting to pay off. We will hear from the companys cofounder about its push into cloud and media streaming. And a new connection unveiled between dnc hacks and those ta
Day. Will see if they hold onto them by the close of trading. Streak this continuing of less than 1 moves in the s p 500. At the moment, all three major averages are at highs if im not mistaken. It looks like some of them are at intraday highs. We are trying to figure out when the last time all of them hit the levels at the same time. Theg back to the last time dow set a record on july 20 of backyear, you can also go to july 20 last year and again we have seen, it took longer to for the nasdaq to hit those levels. In terms of what stocks are contributing to the gains in the dow today, we got nike, chevron, and ibm. Ae only one that has more of catalyst would be chevron which is rising along with oil prices. Is helping with the updraft ghosting in stocks over all this is something that matt miller picked it out earlier is that even though the major averages are hitting highs, many of the stocks are not necessarily their. This is 52week highs in the s p 500 versus lowes. Versus lows. A r
The finance minister of new zealand said no point in trend to get involved in the currency. Trying to get involved in the currency. Alix Central Banks ineffectuality. Later, we will have alibabas cofounder and chairman. First, we start with the markets. To me, it was that move in the fx market. Jon futures marginally positive in the United States. In europe come out performance in germany with the dax up. 7 . The ftse down. 25 . In next dividends today. Dividends today. New zealand kiwi, even with a rate cut. The market screaming, give me some more. We got 15 billion worth of inply and auction auction. Solid demand and a huge component of that was in direct bidders indirect bidders. Alix will they be selling Going Forward . Lets check in with our Bloomberg Team for indepth coverage. And curran, guy Johnson Steve yaccino. Want to start up with the move we saw in oil. We saw a huge move down as the iea came and went came out with its monthly report. Enda the report was quite mixed in its