Nissan fell 4. 5 . The biggest fall since august. The hang seng, another bourdais. Well below the water 27,000 level. The 127 level. 127,000 level. Lets have a look at what else is going on. Lets look at bonds. The yield, 1. 91 the 10 year. Talk there, with much earlier this week that we would have seen a move toward the 2 handle, which would send a signal of positivity, but it would be translated as bad good news being translated into bad. The new Zealand Dollar up 1 . The cap Interest Rates on a whole. They cap Interest Rates on a whole hold. They are not ruling out stimulus. Europe, 1. 10 handle. 5 . Anese 10 year yields,. 0 three basis points to the downside. Thats the markets. Was look at the first word news. Su keenan. We start with bolivia. The power vacuum has seen an opposition lawmaker declared herself the president. Socialist morale is that the country in chaos, but now the senator says she will assume leadership of the chamber, making her the head of state. Mexico that she
Officially launching its disney plus platform. Goldman sachs customers, concerned about gender bias allegations, says, quote, we hear you, the bank reevaluating the apple card credit limits billion dollar cost cuts, juul labs set to slash 16 of its workforce. Were going to begin with disney entering the streaming wars, the companys disney plus Service Launching today with a Monthly Price tag of 6. 99 subs will have access to nearly 500 films, 7500 tv episodes, disney has spent more than 3 billion on technology and content prior to the launch. It is a big deal for kevin mayor, in charge of making this thing work and we have seen some technical hiccups here on this first day. Overload. Maybe high quality problem, not sure but i looked at all the offerings, i said to myself, when i had two little girls, i think i would have said, no, i dont have to go anywhere this is it, you go do that, and then i can go watch football in the other room that was my thinking and then the mand loalorian wa
Past couple of months. Joe very impressive. Good into this weekend. Lets dive deeper with our market reporter. Get us started. I am looking at this giant rally in biotech stocks. Etf jumping,otech the secondbiggest gain among etfs bigger than five dollars in assets. It was led by a Chinese Company after thed 37 company was said to take 37 . Also rallying about 2 . Aminogen jumping 28 after aminogen jumping 28 after boosting its revenue forecast for the full year. Biotech is one of those sectors that is not broken out to new record territory. 10 ibp etf still down about from last year and 70 from its high in 2015. It is an interesting sector to keep an eye on if and when the speculative Growth Stocks become darlings of the market. Luke i am looking at one of the last few things that bears are hanging their hats on. The failure to really confirm the recent highs in stocks. If you look at highyield spreads, investmentgrade spreads, even yields back to energy, we are not making new tape ev
About synergies and the road ahead. And chinese online retailer alibaba defies the slowdown of missed a trade war with sales surpassing expectations. It was a big week for tech ideas with fleet work and cloudflare filing to go public. Cloudflare has been in the news given its relationship with 8chan. Three alleged gunman posted manifestoes on 8chan before three mass shootings. Cloudflare stop providing services after el paso, texas, largely taking the platform offline. So is now the time to go public . Like many other tech ideas, especially in software, it is not profitable. It has a pretty good growth rate, it is really trying to look at competitors. Fastly went public earlier this year and is doing ok. There have been some sources who were asking me why cloudflare took this long to get this point. They had been preparing since the fall of last year for a public offering. Emily cloudflare is a name we have heard of the companies that will go public soon. Tell us exactly what cloudflar
Making money. Charles President Trump kicking off the week by signing the longawaited Victims Compensation fund bill. This came ahead after roller coaster week nominating a new intelligence director and taking shots at congressman Elijah Cummings over the conditions in baltimore. All this before his trade team heads to shanghai for more talks with china. Blake burman at the white house with more. Blake . Reporter a lot there. Just 2 00 on monday afternoon as we begin our week over here at the white house. For the third consecutive day in a row that the president continues to take to twitter to attack the head of the House Oversight committee, the democratic congressman from baltimore, Elijah Cummings. The president , for example, saying on twitter earlier today, of baltimore and cummings at one point, 25 years of all talk, no action. So tired of listening to the same old bull. But the president hasnt stopped there. He is also taking issue today with the reverend al sharpton who is also