Goldman sachs on deck. Still up 7 10 of 1 . Front and center, will they disappoint . The banksides earnings, Mitch Mcconnell yesterday pulling the bill he had been working on to replace obamacare. Instead he says he will try to repealing the Health Care Law that keeping it in place while Congress Tries to figure out what comes next. Joining us now is Kevin Cirilli. , he develop in washington wants to repeal obamacare, will it happen . Kevin unlikely. With several sources that say that it is unlikely that despite Mitch Mcconnell and President Trumps assertion that they would like to see the senate and the house vote on the 2015 repeal bill the votes might not be there. Route, do go this starting the clock on a twoyear timetable for lawmakers to come together to try to come up with a new alternative to obamacare before it would be fully repealed in two years. That said, i spoke with a senior aide to a republican member, one of the four lawmakers who opposes this bill and i can tell you,
It created backlash from both sides of the aisle. I feel very comfortable that justice has been served and that a message has still been sent. David this is Donald Trumps cabinet nominees getting grilled by democrats on capitol hill. We have tom price, scott pruitt, wilbur ross, nikki haley all on the hot seat today, making their case for their confirmmation. How did they fair . Well have Team Coverage taking us through all the details on the big events. Melissa but first, lets check how stocks ended the day. The dow sinking into the close. United health, exxon, verizon and the biggest drags. Phil flynn, watching action in oil and gold from the cme. Lori rothman from the floor of the new york stock exchange. Lori, oil losing big. This darkening shadow over retail sectors. We heard from some retailers about disappointing season. Target had a traffic warning. Looks like four numbers will meet earlier expectations. Target down almost 6 . Dollar tree, macys, jcpenney all down. Macys had pr
Playinglls a hostile is and fighter jets if it was claimed in addition to produce in exercises. North korea increased its opposition in south korea. Global news 24 hours a day powered by more than 2600 journalists and analysts in 120 countries. This is bloomberg. Live from bloomberg bloombergs will hike in new york, im scarlet fu. Joe i am joe weisenthal. Matt i am matt miller. Scarlet Jabil Circuit case for connotative monitoring policy. Matt at a speech in new york, vice chair Stanley Fischer said Government Policies can hardly counteract the impact of the games that could be holding back u. S. Economy and weighing on Interest Rates. Tugofwar been in a lately over whether the company and continue to add subscribers or if it has hit a wall. Bank of America Today reporting its best Third Quarter for fixed income trading in five years, labonte trading revenue continue to be a bright spot for Goldman Sachs tomorrow. Scarlet lets look at where the major indexes stand. We are still down bu
Ceo of the alan Company Conference in idaho, we will have his take on the latest round of the bed for yahoo will verizon make the big move . The story today around global yields of course. Jonathan lets get everyone up to speed. Softer, up byle 1. 5 here in london, the losses piling up and mainland europe with the dax down by over 2 . If you to the headline in the fx market. The lowest since 1985, down by cured alltime low yields, japan, u. K. , u. S. , 10year yield down by 1. 33 . Crude softer at 45. 98. Gold at a twoyear high. 30 right here, right now. Lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories today. Guy johnson here in the city on the pound and the Global Equities and the current in asia, turning negative. Yelena shulyatyeva in new york, and possibly more stress for the u. K. Funds. Lets begin in the city with guy johnson. He joins us with a check of the market at the top, the fx market shining bright red yet again. 28 and
More than forecast single signaling a healthy economy. Gaining a half a percent or the nasdaq meeting those gains up 7 . The fed minutes did not do much to change this. However in the morning session, we had the report we mentioned, that report was out around 10 00 a. M. Showeda right there that the nonmanufacturing composite. The highest reading since november. Back in may but also going further and gaining 256 point. We saw it had not only in stocks but also in hans and other asked that classes. Also it seems the fed not really changing trajectory. Thank you. We appreciate it. Risk back a little bit. Vonnie will handed over to Michael Mckee. An interview with janus capitals bill gross. That will be playing on Bloomberg Television and radio. Michael thank you. Were talking with bill gross worldwide on Bloomberg Television and bloomberg radio. Good afternoon to you. The fed wasested uncertain about where the economy was going but beyond that, did you learn anything today . Not much. Un