Face setting up their own health systems. The estimate could the a blow to republican attempts to round up enough votes to get the bill on the senate floor next week. The white house says it did not sign off on what had been two dozen jet trips made by hhs secretary tom price. He took 24 flights on private planes since he became a cabinet secretary in february. The Health Department defended the trips saying his schedule was difficult and his workdays long. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Julia live from new york. With 30 minutes from the closing bell and u. S. Stocks take a long weekend. Trading unchanged in the close. Miss . Hatd you scarlet Angela Merkel made that to her tenure but at what cost . Ise lithium battery si led. Lit. Julia senator john mccain saying he would oppose the latest Obamacare Repeal measure and that deals a major deal to blow. Is it came over . Game
Our billion dollar buyer, tillman furtita, notching his first win as the owner of the rockets on Opening Night for the nba. He did it in thrilling style the former commissioner, david stern, will join us. The anthem protest Team Valuations and much more this slamdunk addition of power lunch begins right now there is nothing wrong with the slamdunk addition if i could do it, i would do it all the time i am brian sullivan. Nobody is feeling blue about these markets. Your money is now just 3. 5 away from dows 24,000. You can thank ibm, big blue adding about 80 points to the dow on one of its best days in decades. We will dig into ibms big quarter. The ipo of the day is a chinabased micro lending company. Nothing micro about its gains. It is soaring in its debut allergan all on the move anthem rallied to help ensure creating a new pharmacy benefits unit michelle im michelle carusocabrera. Here is what else is happening rising sea levels are threatening nearly 1 trill worth of u. S. Homes,
Just under 30 minutes until the end of the session. The high, the bull market we entered yesterday stuttering, or is it sputtering . The lefthand column are the european equities, down by 2 3 of 1 . All those currencies rising against the dollar. Weve got a mixed bag in the bond market, the greek 10 year yield is lower. Commodities and credit default swaps are the final two. You know im a bit of a whichcal analysis nerd, is why i love this chart, the euro stocks 50. From what weve seen in the last 14 days, according to the relative strength index, weve seen the euro area stocks are overboard. Running, the euro stocks 50 has been about 70 and above. 30 and below is over. That is the longest run in overbought territory since 1999. The euro stocks 50 is one of the stocks 500. Is. A wonderful sure that continuing to go from strength to strength. Highest level since 2013. Core inflation is important. Inching up to. 9 . It is barely off its lows,. 6 last year. Inflation creeping up, this wil
Outrage. This time it involves a mother, her baby, a stroller, and an American Airlines attendant spoiling for a fight. Power lunch starts right now. This time baby ill be bulletproof happy monday, everybody. Im brian sullivan. As you heard your money is making you money. Today a nice rally for stocks. The three major averages having their best oneday gains in months. It wiped out aprils losses. Once again technology is leading, the nasdaq hitting new highs yet again. Financials a top performer. Bopped yields go up. And heres one notable stat for you, the etf that tracks the french stock market on track for its best day since august of 2012. All right. Here is what else is happening this hour. Another big week for earnings as you heard melissa and the group talk about, about 100 firms already reported so far. Of those 77 have topped estimates. Just 16 have missed. The Supreme Court, meanwhile, declining to hear gms appeal of a ruling that allowed faulty ignition switch lawsuits. Invest
Bottle. We seem to like to talk a lot about alcohol on this program. Lets head to the markets desk where julie hyman has the latest on that. I dont want to speculate why. Julie i think its obvious although im disappointed if it is 35 grant a bottle, we will probably not get a taste test. Lets take a look at whats going on with averages. A pullback here after a big update for stocks yesterday. We are seeing selling despite what was largely a morning of stronger than estimated economic news. Even Industrial Production came in better than had been estimated but that is not helping stocks. The imap for the groups on the move, Consumer Staples pulling back the most today along with health care shares. Consumer discretionary lower. Ofrgy industrials are kind limiting losses we might otherwise be seeing overall. I did want to talk more about home depot. Is it a bright spot in retail . Not if you go by what the shares are doing. They are pulling back. On the one hand, home depot did come in ab