Twitter. Class i am across the emirates, 4 00 a. M. In london 8 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. Claim seeing the regional index gaining slightly. A mixed picture. Investors trying to gauge a response after the fed left its key benchmark rate unchanged. Lacking clear direction at the moment. Yousef a pause for reflection in many of these asset classes. F1c offering little surprised in its statement. Of this chart gives you better expected these markets getting a lot twitchier. I pulled some strings to get you this number. 3 key indices. Fcx isity in global high, in white. Look how low that is compared to other indices. The bond index volatility. Keep an eye on these spreads with the rising Political Risk in the mainland continent. We are seeing volatility with the dollar index. Although volatility has been subdued after the fed rate. This chart will give you some clue to the direction of the dollar. Another explanation for the shoddy performance o
Hi, everybody. Good afternoon. Welcome to power lunch. Im Tyler Mathisen. Stocks were rallying big earlier. But were now well off session highs. The dow had been up 162 points. And had wiped out its losses for the week. Now, not so much. It joined the s p and nasdaq in being lower for the week once again, despite the gains that you see over my shoulder there of 70 points for the dow. Financials, tech, materials, industrials among todays biggest gainers. Melissa . Thanks, ty. Im melissa lee. Consumer sentiment coming in weaker than expected. Goldman sachs winning a legal dispute with libyas sovereign wealth fund, a ruling that goldman did not abuse the relationship and force the fund into deals that the fund claims led to more than a billion dollars in losses. And the Obama Administration eliminating 100 limit on the value of cuban cigars but american travelers can bring back from the island. To the earnings for the big banks here, clearly the big story of the day. Jpmorgan, citi, wells
Degrees out there you saw rain and snow up on the peaks last night, 31 in flagstaff, but here in the valley the sun liter on today things are going to warm up nicely 83 degrees, the average high this time of the year coming in at 80 so we are a little bit above that but as soon as that sun goes down those temperatures drop very very quickly down to 78 by 6 00, just really get outside and enjoy this weather thats what its all about but only on 12 news eat at your own risk. M suffer from Food Poisoning this year alone. Your favorite restaurants on this weeks list . List week we told you about the kitchen and raw chicken blood dripping on already prepared food. This week were getting a glimpse at other Disgusting Things that are happening. Team 12 ryan cody says the Environmental Services department is constantly on the look out for major risk factors and this week they found things you need to know about before reporter everyone blows their nose but nobody should be doing it while prepar
If you havent cast your ballot yet you can expect it to be calm and dry as you head out to do it today. Marty has more. The race for the clinton and donald trump have both the race for the white house is now down to its final hours and Hillary Clinton and donald trump have both closing statements to america. Hours and Hillary Clinton and donald trump have both closing statements to america. Trump was in michigan clinton in north carolina. Both of those states could prove decisive when the results start rolling in tonight. Votes in New Hampshire are already in with people voters in Dixville Notch casting ballots first at midnight. Hillary clinton won with 4 votes. Followed by donald trump with 2 1 vote went toga romney he got a vote. Both candidates head to new york this morning to cast their own ballots and await the final results. No matter the outcome the next president will have to find a way to do business with congress. And unite a deeply divided nation. A wild election is the dow
S p 500, and nasdaq to record highs on pace for another set of record highs for the dow and s p 500 potentially the fourth in a row. Mentioning theh three major averages are on pace for weekly gains as well, the third week of gains in a row. Big strength for u. S. Stocks. As for one market moving in the opposite direction, we are looking at oil. Down nearly 3. 5 . What could be going on here for the second day of declines in a row, opec is negotiating to work out the supply cut deal may have been trying to do for quite some time, now negotiating with iran iraq signaleder they will cut supply. This is dragging right now on oil. The downward action we are seeing in oil, not surprisingly, dragging on the s p 500. Energy is down nearly 1 . We had some of the big e p players down significantly, including marathon oil, anadarko. What could happen with oil, we went to the bloomberg. This is a roughly threeyear chart of oil. We see that downward plunge when oil had crashed before. We also see