Need to thinkthey about, they definitely represented those in the minutes. Market moved on the back of it. I want to show you where we think on certain metrics the implied probability of a september hike is. We think it has been discredited. Of doing a number ways it. Down to 38 , this is the chart. Let me get the camera to pan down a bit. Off of the sort of move the september increase, as the market has pride back out. Last night, they were off the hooks looking at what is happening here. Edging markets around the world, paying great attention to it. Lets take a quick look at the u. S. Close. And i want to show you the emerging Market Reaction overnight. Mostly the main averages and indices in the states faded last of 1 . Down 9 10 let me show you the emerging Market Reaction, a number of voice of looking at it. This is the turkish lira. The dollar has been rising. The fed story this is interesting. You have a spike here. We pushed down to record lows on the turkish lira. A number of
Number one, the economy is growing, number two, commit today tax cut and number three reports are strong. Look at netflix. Prepare to spend 8 billion to produce its own content next year over 5 million new subscribers signed up in three months. The stock is above 200 per share. Sales up worldwide reported this morning by Johnson Johnson jo. Morgan stanley, same story with Goldman Sachs, all of them dow stocks, all of them up. Lets sum it up, the media is full of report about hostility toward President Trump on wild press conference, investors could not care less. We are watching for dow, 23,000. I believe its coming very soon. You have to see this, Varney Company is about to begin. I hope hillary runs. I hope, hillary, please run again. Stuart i would call that [laughter] stuart the president hopes hillary runs again in 2020, im sure he does. He was all smiles with Senate Majority leader Mitch Mcconnell talking tax reform andy puzder is here, ceo of hardys and carls jr. , are you buyin
We are in rich territory. Unless you do something bold, we are running into real serious problems. David plus, Companies Report earnings and their leaders take us behind the numbers. We have been demonstrating the quality and power of this platform. Not yet firing on all cylinders. Were comfortable with how we came out. David it is straight ahead on bloomberg best. David hello and welcome, i am david gura. This is bloomberg best. Your weekly review of the most important Business News, analysis and interviews from around the world. Lets start with a day by day look at the top headlines. Even before the trading week started, all eyes on the first round of the president ial election in france. Francine now we know it is definitely macron versus le pen. They are very close. They would be about 22 24 . Yes they were contrast drawn between the two of them, but certainly the gladness of how each candidate thought they performed is coming across mary dramatically. Francois fillon said, the def
In honor of facebooks latest results, were throwing it back with the most liked singers on theocial site. Good theme. I dont know who this is. Do you . No. Selena gomez im told. Most of the averages yesterday ended little changed after the fed pointing to a higher start this morning. S p futures up 4. Dow futures up 33. And nasdaq futures are up 3. The big stock to watch today will be facebook. Shares under pressure, this despite a much better than expected 77 increase in earnings. Results were once again driven by strong growth in the mobile ad business. But analysts say investors are worried about whether the company can keep up the growth. Company warning again about that. Much more on facebook when we speak to gene munster. A look at the Global Market picture. First japan closed for greenery day holiday. Other asian markets, seeing red on the screens of hong kong and shanghai, down about a quarter percent. European borses looking good. For the week so far coming into today, up abou
Welcome. The dows record run is over. The blue chip index fell today on rising tensions with north korea. There were reports today that u. S. Intelligence analysts assess that north korea has produced a miniaturized nuclear warhead. Though it is not believed the capability has been tested, but in response, the president said north korea better not make any more threats against the united. They will be met with fire and fury like the world has never seen. He has been very threatening beyond a normal state and as i said, they will be met with fire, fury and frankly, power th the likes of which this world has never seen before. And that sent the sock market lower today. The dow snapping its string of record closes falling to 22,085. John harwood is following the story from washington. What prompted the president to issue his Statement Today . Tyler, after the United Statesed nations voted sanctions unanimously over the weekend including support from china and russia, this was a victory fo