Just getting worse by the day. And line. Biggest tech ipo of the year scheduled to trade right here at the New York Stock Exchange tomorrow. We will tell you what to expect. It is going to be the biggest of the year. A frenzy down here. And ghostbusters reboot is out this weekend. The films director who will ring the closing bell today at the Stock Exchange will join us onset. A tremendous amount of buzz on that one particular movie. Its unbelievable. And striking back at times against some of the haters on that one. But we will talk with him in a while about that. Dominik choo, talking about sectors, dom . A lot of people didnt like the stocks. We have another record high on the s p 500 and we are trying to get back and stay in that positiveter tore ary. At these historic levels, it is worth pointing out it hasnt been fun and games for every part of the stock market here. If you look at sectors and stocks left behind, the most recent leg of this massive post financial crisis bull run
Capitalal has changed its business and cites among other things ge capitals exit of the u. S. And consumer businesses and transformation of its funding model. You might recall during the financial crisis ges finance arm almost took the company down and since that time, it has certainly changed that this or i should say last year undertaking an aggressive plan to reduce ge capital selling over half of its assets and, indeed, since that time, it sold about 166 billion or signed 166 billion worth of deal. Now keep in mind, ge is one of four nonbank companies that have been given this systemically important financial rating. Others include aig, met life and prudential and met life is involvedn a legal battle with the fed having, of course, received a favorable ruling earlier this year by a judge who said tFederal Reserve or the government could not designate it as that. That means these companies are subject to Federal Reserve reover sight and enhanced capital rerooirmts. The fsoc voted to
Thats the preamble. Lets give you the state of play as it exists right now. We have roughly, trying to squint over the board, 8. 6, 8. 7 million votes to leave. 8. 2 million to remain. Bottom line here, is that the leave camp leads the stay camp 51 to 48 . And trend is towards the leave camp. How about the results here on americas Financial Markets . Youre looking on that on the lefthand side of your screen. Almost call it a bloodbath. The dow will open tomorrow morning if it stood right now, down 500 points, nearly 3 . Go to sky news for a second for another result coming in. 87,000 bristol votes for remain by a comfortable margin. 50,000 votes. This is nigel faraj. The dawn is breaking on an independent United Kingdom. [cheering] just caught him there. That is nigel faraj, one of thed leaders of the leave campaign. He conceded Stay Campaign would win. Not so, nigel. I dare to dream dawn is coming up on independent u. K. Look at more of this. [applause] we are fought against multinati
Is in new york. We have an interesting week ahead of us. A lot of talk about governor kuroda and looking at the bank. Tom i look at the green book that comes out from the imf. The Financial Stability issues of the week will be interesting, starting with Deutsche Bank. I was taken aback by Prime Minister mays speech over the weekend. Francine i dont think we learned that much new in terms of brexit. It seems Party Politics will take a bigger role in when you invoke brexit. She doesnt like it being hard or soft. I think it is all or all the same. Lets get to the bloomberg first word news with taylor riggs. Taylor supporters of that peace plan that ended five decades of fighting in columbia. The agreement it would pass easily. The plan called for rebels to give up their weapons and return penalties for any crimes they committed. The president said the ceasefire will stay in effect. Donald trump is resisting pressure to release a information following revelations about his finances. The Ne
Headquarters. Im francine lacqua. We do have a packed show it i want to go through some of the main movers. Then get to our guest host. This is a picture for emerging markets. A lot of the assets are falling with european equities. And other strengthening as ask petition for u. S. Interest rate hike is growing ahead of a speech on friday by the Federal Reserve chair. Oil slumping a touch after data showing a jump in u. S. Stockpiles. Well get back to the markets. We will update you on this up on this terrible earthquake. Lets get more with church with nejra cehic. Nejra channel central bank has injected cash into the system using 14 day researchers agreement for the First Time Since february. This comes amid speculation cool a bond rally using more extensive has popped the traders to seek leverage to have the fire returns. At least 21 people have been killed after a 6. 2 magnitude earthquake hit the center of italy. That is according to the tv channel. They are also reporting the news