specifically on that topic. now, this is expected to be a record breaking year for air travel. tsa says to get to the airport early. to avoid all the, you know, the long lines and everything, so that s why. it would help if more people did that, right? it would help, yep. i think with the amount of people that do travel, it s good to just give yourself some leeway. and sandra, as always, check with your airlines for any updates and good luck out there. sandra. sandra: good luck out there. that s the message, right? looks ok for now there in denver. we hope it stays that way. it is going to get busy as it always does. alicia, thank you so much and great to see you as we kick off a new hour, college campuses under the microscope. the federal government investigating more than a half dozen schools after a series of alleged antisemitic incidents. welcome, everyone, sandra smith in new york and john, we are closer and closer to the weekend, but a lot still to get to he
A little bit of euro area pmi figure. Little more than expected that is getting a little bit of a list to europe. The stoxx 600, little bit down. Maybe a little bit of angst about what is happening in the u. S. Tax reform. We were expected to have news yesterday. The vote has been delayed to this morning. Im looking at dollar index. That is a tax reform story. Any moves on the asset classes. Coming up, i am excited about talking markets. , he is at Goldman Sachs. Durlacher is the international ceo of julius baer. We will speak to Woody Johnson. Lets get to Bloomberg Business flash with nejra cehic. Nejra in the u. S. , the white house is weighing a plan to replace Rex Tillerson with mike pompeo. That is according to three of ministers and officials amid frustrations with the top diplomats so place just slow pace of hiring. Slow pace of hiring. U. S. Diplomats have trapped plans for donald trump to make a trip to britain in january. The president had been penciled in for a working visit
S p 500 by. 5 . Nasdaq down. 75 , well off the lows it is worth noting. They had been down more than 1 at session lows. All this following the headlines and Michael Flynn did plead guilty to lying to the fbi and is agreeing to cooperate in the russia probe. Abc reporting he may testify against President Trump. The idea President Trump had in fact been connected to the russia contact. If we take a look at the intraday chart of the dow, we see this roller coaster ride up until about 11 00. It had been slightly higher, on pace for a record close. As the headlines crossed we see an absolute nosedive. Session lows down 1. 44 . On pace since the worst day since may. Also true for the s p 500. The russell 2000 down significantly, its worst day since may. A little bit of a moderation as investors trying to figure out with this means and the implications. Right now perhaps the moderating of the selling action suggests there is not enough information to know whether or not it could affect the u.
Come back. Alix abigail the dow was down 1. 4 , but was scarlet asking was that is the trillion dollar question in terms of uncertainty. The kneejerk reaction we saw the headlines crossed around Michael Flynn with a mans was a massive selloff. This was on pace for the worst day since may. The russell 2000 has been down more than 2. 5 . The russelloday, 2000 had been up on the week. At those lows, it turned lower on the week. We are looking at weekly gains for the s p 500, the dow, and the russell 2000, but this tech heavy nasdaq is still on pace for weekly declines, down 7 10 of 1 . Lots of uncertainty about what this could mean. It is interesting that this comes as we are also hearing about tax reform. It seems as though it may not derail policy, but that will be something investors will have to figure out Going Forward. Lots of uncertainty, we are a risk off tone. But that being said, from a world stock perspective, this is incredibly interesting. This chart is the all world stock in
He tweeted let righteousness flow like an ever flowing stream. Congressman john conyers is the michigan democrat will decide within days whether he will resign a longer for congressman john conyers says the michigan democrat will decide within days whether he will resign. H isdded that conyers healt not the best right now. Party leaders, including nancy pelosi, have called on 80yearold conyers to step down. The eu says that british Prime Minister theresa may has until monday to present its final offer so we can be assessed ahead of a summit in two weeks. Tusk spoke alongside the irish Prime Minister. The irish Prime Minister says that they must guarantee there will be no northern border between ireland and the irish republic after britain exits the bloc. Day,l news 24 hours a powered by over 120 journalists and analysts. I am Mark Crumpton. This is bloomberg news. Julie live from new york, i am julie hyman in for julia chatterley. Scarlet i am scarlet fu. Joe and in joe weisenthal. Jul