No suspicion of foul play in the death of teenager nora quorin police in malaysia say there is no indication of violence or abduction. Official figures show there were more than 4,300 drug related deaths in england and wales last year the highest number since records began in 1993. Three a stars. The proportion of students awarded top grades at a level has fallen to the lowest level for more than a decade, with just 25 achieveing an a grade or higher. Idid law i did law a star, sociology got an a. Alevel media studies, i got i did law a star, sociology got an a. A level media studies, i got an a in that, and btec, film and Television Production and i got a double distinction star in that. Great stuff. The biggest dinosaur hunt in decades is taking place in North Wyoming as british scientists help to excavate part of the american desert. Good morning. Welcome to bbc newsroom live. Iam i am rachel schofield. Jeremy corbyn has urged mps to install him as a caretaker Prime Minister to stop
It looks like a Consumer Confidence beats on the top line. Coming a lot stronger as well. Is ad know that the s p little bit lower and that continues to be the case. Off by. 4 . The big headline number is tech. Semiconductor coming in with it is sporting forecast. It is dragging down all of the tech sector. Threemonth, 10year. Only inverted by 1 basis points. Jay powell tomorrow, he will be happy about that. Want to take a look at the financials index. One of the worst performers within the s p 500. This is after we heard from citigroup yesterday. They are laying off hundreds of global jobs. 80 of those in your london, guy. Guy deutsche banks front and settle on a story as well. Here, we are trading with a 121 handle. That is helping out the ftse 100. It is not trading as much to the downside as its continental counterparts. By is done. 2. 22 is down 2. 22 . The lufthansa is trading down today. Bayer is trading down today. The tray narrative mixed up in all of this. Continental market
Tradewinds. You have to give it to the market, amid concerns about antitrust, we are still at record highs. Romaine lets dig deeper with our markets reporters. I am thinking about those record highs. Nasdaq, s p 500 tack index and stocks at common highs. The Common Thread is technology. 6 ,s leading the way, up today up 3. 1 . The stock putting in its first alltime high since april. Texas instruments helping out. We have Market Reports after the bell. Facebook and tesla, amazon and apple. Thats take a look at the longerterm chart of the nasdaq 100. Much of the fears around the possibility that big tech could be regulated, but last year put volatility, there is another record high. One reason to think strength could continue. We see a series of bullish higher loads telling you that the momentum may just remain bullish for a while, but watch consolidation down to the moving average. Tech and stocks are bullish. Another stock reaching a record is chipotle, the food giant. Highest since 20
And a tense weekend of protests in hong kong. There are new warnings about the economy. Lets get you started with a quick check of the markets. We ended the friday session in the u. S. We some pressure with u. S. Stocks sinking as the u. S. China trade tensions increased. There was such a wild roller as though you on ended the week down half a percent. It is worth noting it was down almost more than 1 at one point, after President Trump says the talks with china could get canceled for next week. Still, it pared back the earlier declines after we heard from a white house official that suggestions that the u. S. Might not do business with huawei anymore, they walked back the comments. Semiconductors were some of the biggest losers in fridays session. The nasdaq down 1 . U. S. Futures at the moment gaining 0. 1 . All eyes now on asia on this monday as we have markets out of action on holiday. Thats right. If you take a look at stocks in asia, they are set to kick off on a cautious note wi
Painting a rosier picture of economic fundamentals. Joining us is david zervos, looking sharp with the new haircut. David, what do you make of the fact that we have bounced back pretty nicely . Yesterdays reversal and some followthrough today what does that tell you . I think the trade tensions are definitely a story summer liquidity is the story. It was a pretty aggressive 200point plus move in the s p and the interesting thing from the price action for me is the rate market. The rate market had an incredibly large move. One of the largest weve seen in a while and it really hasnt come back off that much. So while stocks have rallied back, you would have expected maybe rates would have sold off a little more, risen a little more and they havent. So this is maybe telling you more that people are getting comfortable with a fed view that is cuts are coming and probably more cuts are coming than people had been nervous about with the meeting. You know the important thing in that answer, da