Estate being among the hardest hit. Planning to peaches beaches planning to reopen in time for memorial day as well as clubs in florida as there has been a resurgence of the credit virus in texas. I will ring in taylor riggs who has been digging into the movements of the day. Early losses and late game, where did tech land . Taylor the second day in a row with earlymorning losses that transitioned into gains in the afternoon. Tech for a second day upper forming the s p 500. It is not coming from big tax. The ndx, the nasdaq 100 the other performer. You are not getting the leadership from big tech you would expect in a rally. This is the second they were big tech lacked and the other performer in all of the tech stocks. You mentioned retail sales and Industrial Production all bad news. On the flipside, Consumer Confidence better than expected. That is where you get smallcap stocks like the russell 2000, focused on that semester consumer, that was the big outperform or that on the domest
Through a revolution what will 2020 bring and what names should you buy were going to begin with todays markets and bob pisani at the New York Stock Exchange. Happy new year. Listen, joe, we are way off of our lows lets take a look at the major average. All three of them still down, yet things are moving in the right direction. Apple turned positive. Nasdaq down here today dow industrials, youll see theyre down 95. S p we were 3216 was the low there. Take a look at the s p 500 essentially the lows were at 10 00 a. M. And buying came in. Its not heavy buying. The volume is about average for a day. But remember, this is supposed to be a very light volume week, so even average volume is better than normal. What has been weak in the market were way overbought, so big momentum names would be selling off. So semiconductors, Home Builders have been really strong, tesla is weak. Master card and visa, big momentum names, all of this makes a little bit of sense when youve had the price runups wh
Today. We will be discussing this later on in the show. David lets head over to emma chandra with the first word news. Were moren there deaths overnight in antigovernment protests. Iranian state television reports that at least nine people were killed nationwide. A dozen had already died in demonstrations that began last week over the governments handling of the economy. The president has defended the right of people to protest. The u. S. Has confirmed that mike pence is delayed trip to the middle east is on for this month. Arab leaders denounced the u. S. For recognizing jerusalem as israels capital. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. Im emma chandra. This is bloomberg. Alix middle east still front and center. We thought we might have put that a little bit aside. Not so much. That for an exclusive discussion on the global risks shaping 2018 including those from the middle east we want to join Bloomberg Radio. Our collea
Turn to emma chandra. Donald trumpla, and philippines leader Rodrigo Duterte have bonded over their like of warmer president obama. Dutertescording to spokesperson. Trump said he had a great relationship with duterte. In alabama, allegations of sexual in propriety appeared to have an impact on Republican Senate candidate roy moore. For the first time, he has fallen behind in polling for next months special election. Jonestrails democrat doug 46 to 42. A deadly earthquake has struck the iraniraq border region. The quake had a magnitude of 7. 3. It is a rural, mountainous area where people rely on farming to make a living. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im emma chandra. This is bloomberg. David trump is winding up his asia tour, with much talk on the president about fair and reciprocal trade. How did china and other countries he visited respond . Our whitespond is house correspondent. Where do we end up in the en
Here to talk about the tough choices facing the gop is Stephen Dennis and washington and our National Political reporters to help the poor. Great to have you on the show. The problem is if you scratch the surface and you did not need to do that on either of these issues whether its tax reform. Ere Health Care Divisions there seems to be divisions on which path forward you are choosing. Stephen absolutely. The republicans are facing a really tough choice now that they really want to double down and sort of the don quixote going after that windmill of repealing obamacare once more and shoe up the fall or pivot to tax reform, which is going to be equally tough, maybe even tougher. If they dont make a decision quickly, this could easily chew up both issues. Kevin i want to play for you a sound bite from senator jeff flake, a republican from arizona. This morning him about where all this is headed and whether or not the administration sure referee the republican political civil war or try t