Guy stoxx 600, 460. The rate story is significant today so rates are up nicely. The reason for that is expectation now is the bank of england is done and for obvious reasons that has an impact on commercial real estate and the housing markets. Delivery hero is up. You are seeing some of the other delivery stocks trading nicely on this idea we could see this in new york city allowing some of these names to make more money from that. Thats having a positive effect as well. Talking over here about whats happening with rates. We will talk about that in a moment. We are definitely talking about food. Alix my expensive now delivery food. I wouldnt make too much of it. Volume is very light heading into the fed but some interesting things underneath the surface. One of the top stocks overall being traded today and investor day yesterday they feel pretty good about it. This is a long term targets are achievable. Two year yield down by two basis points but same deal yesterday we reached a cycle
Welcome to bloomberg daybreak europe. Right here in the city of london, i manus cranny. I happy thanksgiving for any of our viewers who are tuning in late at night. The United States of america, your markets are closed, have another glass. When it comes to the steelmakers of the world, this is the be. Of 172ed operations billion euros. 1. 7 billion euros. Out to 1. 2. Comes earlierounced a merger this year, taking steps to combine the european still business with the regions secondlargest producer. Says itest dealmaker expects the rebate to continue into next year. Thats the question the markets i dividend up . 15 a share. They are riding that Steel Recovery like a bronco. We will have a conversation with the man who runs it, heinrich heise and your joins me just after 7 00 a. M. Just how bullish is he . We will face a squeeze in terms of that market going into next year. What that are way to start your day been a look at the global Steel Industry and what it is producing . Its a perso
60 points after the dow closed at a record level yesterday. The s p closed lower yesterday all the major averages moved off the highs of the session this morning the s p is indicated up by 5 points the nasdaq up by 10. This came after the feds decision and after if looked clear that Republican Leaders reached an agreement, at least in principle, on where theyre headed with the tax bill well talk more about that green arrows across the board this morning in asia, the nikkei looked like it was down by a quarter percentage point similar declines for the hang seng and shanghai. This morning in europe, with some of the early trading, you will see that there are some declines across the board. The biggest loser is the dax down by a half percentage point. Cac in france is down by 0. 4 . We have the bank of england and the ecb going to be releasing some policy statements today check out crude oil prices which were lower yesterday crude oil at 56. 59 couple of big economic reports on the agenda
Before one of the major holidays. We are heading for the end of the year. That is the attitude today. All three averages at simultaneous highs. Tied to optimism over the tax bill and the effect andould have on corporate stock prices. All three averages are reaching highs. The nasdaq has been lagging. We have a graphical look at this. The white lines are the times that the major averages closed at highs. The dow 69 closing high, now counting today. The s p is 61, and the nasdaq is 71. That is the number of times those major averages closed at records. The dow is close to breaking its record in recordsetting closes for the year. The last time it was this high was in 1995. Some of the out that we have seen include elliott management. In thend a half stake company and it seems numerous strategic opportunities. Shares are soaring nearly 50 . Jp morgan calls it one of his top midcap ideas for next year. Products are improving. Maker wasipment upgraded at keybank. An analyst says the stock is
Cspan, where history unfos daily. In 1979 cspan was created as a Public Service by americas cabletelevision companies and is brought to you today by your cable or satellite provider. Up next an official with the International Energy agency on the future of coal. His organization is forecasting decreasing coal usage as use of Renewable Energy continues to increase. From the center for strategic and International Studies, this is about an hour and 15 minutes. Good afternoon my name is jane, and senior fellow with csis National Security program. Its my great honor to welcome peter fraser who is the head of gas coal in Power Markets Division for the International Energy agency based in paris. He is here to launch the call 2017 analysis and forecast of 2022, thats the thats the name of the publication. Cole has been the world dominant fuel for more than a century but its the future use has been under quite a bit of scrutiny today. The power sector, certainly i guess robust deployment of ren