Morgan chase asiapacific. Are one hour away from the close of trading for the day and the week. Desk head to the markets where julie hyman has been following all the ups and downs. Julie we will see if we have been closing out these multiweek highs. Of s p 500 in onto a gain. 10 . It was this push and pull of the betterthanexpected headline number and the worst and estimated worst than estimated wages number. Some say that was due to a calendar quirk come it that it didnt include the midmay pay period. Be that as it may, certainly Market Participants seem a little confused by the numbers and we have seen the s p 500 fluctuating in a relatively tight range. I want us to look at the best and worst performer in the s p 500 in terms of the index weighting they have. Apple shares rising today. Facebook is going lower. The company is going to be paying more in u. K. Taxes. If you look at it by groups, we have seen materials and energy gain. They are hanging onto gains. Utilities in the top s
Rates by a bigger than expected 50 basis points. Two president s, two messages. Barrack balm ball and Vladimir Putin hold discussions agreeing that the syrian conflict needs to end but disagree over the rule of the assad government. Lets remember how this started, assad reacted to peaceful protests by escalating repression and killing. We need to admit that nobody in reality is fighting islamic state. Good morning, everyone. Quick check on markets. Stoxx europe 600 is lower and one sector bouncing back today is basic resources and that is really driven by glencore. The stock was up by more than 5 . Well talk more about that during the trading session but too i want to show you what happened in the u. S. Markets overnight. We saw sharp, sharp falls once again. The dow off by 1. 9 . S p 500 off by 2. 5 and the nasdaq falling 3 . Lets look at european markets and how theyre doing. Xetra dax off by 0. 6 . One of the big determine nanlts of how the ftse is doing is glencore. We saw many of
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