A lot of these stocks are struggling. Ofare seeing a little bit trading volumes. You can see ibex by far the biggest loser. Almost down 1 . The tax cut in the u. S. Has been priced in. They now want to focus on 2018. Volatilityin so much heading down from 50 . He had some just 15 . We had 15 . We had some good stories. Coming up on the program, we are plenty more of catalonia. Garcia. Joseph that is coming up. We have a brexit show looking at the 2017 negotiations and little willater, jason furman talk. We will talk about the shutdown and whether that can be avoided. Lets get to the bloomberg first word news with Sebastian Salek. Cooks the u. S. Senate has given approval for certain extending u. S. Senate has given extension. R such an the final measure will maintain current levels of spending through january. It will provide 4. 5 billion in emergency funding. China has signaled it is ready to back another round of sanctions to north korea. The Un Security Council to set the vote today
The or early this week, a judge approved fraud charges against hernandez and two aides and ordered her assets frozen. Issidentelect donald trump turning to former president s john f. Kennedy and Ronald Reagan for inspiration for his address. That is according to the washington post. He wants to keep the speech short. A president ial historian tell cnn he wants to write the speech himself. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am taylor riggs. This is bloomberg. Julie live from bloomberg World Headquarters in new york, i am julie hyman. Joe i am joe weisenthal. Oliver i am oliver renick. The question is, what did you miss . Scarlet risk assets julie risk assets appear to be taking a breather. Oil retreating from its highest close in 17 months. Treasury is extending gains after a strong auction. Sears ceo Eddie Lampert is opening his wallet yet again to help keep the struggle retailer in business. He is offering a 200
75, 52week highs, including stocks like alphabet, which well hear from later in the week. And including stocks like apple, which of course is in the dow. You take a look. Apple gets badmouthed a lot. They havent had the best run over the last several months, but looking at the past month, its about the fourth best performer on the dow, up better than 4 . Its doing okay today as well and just about at 52week highs. So despite the headlines about, oh, its over for apple, you know, whatever, peter i guess cant be right about everything every single day, at least not in terms of apples moves in the dow. Well, theres been so much focus today on materials and infrastructure, but tech is actually the second best performing sector this year, second to materials, but theres this sense in the market from traders that tech is the backbone of any infrastructure building that we could possibly get, perhaps besides roads and highway, and there is a question of which companies will stand to benefit w
We have analysis on what the news could mean. The discovery is potentially a big deal if it turns out that ourselves have photographed molten fuel, it would mean its an important step in the decommissioning process. They have spent years looking for this fuel and if they have found it, they can start to come up with a plan for the plant. Heres what we already knew. Theres probably a lot of molten fuel at ththe bottom of the reactor. Becau we didnt know how much fuel, if any was further down in the reactors containment vessel. The point of the vessel is to stop Radioactive Material from leaking out. If it turns out to be molten fuel, it would be the first they have found since the 2011 disaster. Fuel mixed with debris penetrated the reactor and fell into the containment vessel underneath. So it very much depends on how much fuel has leaked out. It could speed up the cleanup process depending on the amount. At the moment, we still dont know. The government and tepco plan to send in a rob
I mean, these kids need somebody. You cant just turn away and say, okay, its not my problem. Woodruff all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Xq institute. The ford foundation. Working with visionaries on the frontlines of social change worldwide. And with the ongoing support of these institutions and friends of the newshour. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the spotlight was on President Trump today, as he took the stage at the annual conservative Political Action conference outside washington. He touted his agenda and called some news outlets the enemy of the people, before a crowd of activists who have at times viewed him with a skeptical eye. John yang reports from the conference. Our victory was a vicotry for our values. Reporter