We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
And hammond ed hammond joining us. This is like the final, final done. It was already done already with the sec approved it. This is something we have thought this was going to happen. Says therehe market is zero chance that this thing blows up. Carol we were just on Bloomberg Radio talking about the deal and fired environment. This year you see a lot of pushback of major deals. Not a surprise that this deal ultimately got its way through . Ed obviously comcast try to do the deal earlier. That did get blocked. They were confident they would be able to get this one done partly because it is not one in three, it is two and three going together. Was quite early in the future this would go through. Carol what are the other needs for players in this injury industry. Is a kind of done . Endga ofnk this is the the cable industryme. End game for the cable industry. There are some companies with big m a in the u. S. Carol lets wipe it out for a moment. In terms of broader m a, what are you hear
Losing streak since june has been snapped. Groupll see every single on the 500 index has gained today. Osp to see what m is going on in stocks. You can see the gainers. I will change it over to names. Wells fargo, j. P. Morgan, Berkshire Hathaway all big gainers today. Financials leading the way. As far as the losers, big names. Allergan, biogen, amgen. Im pulling out pharmaceutical and health care names on the losing side. Joe in the Government Bond market, we see a selloff in South African bonds. That is one country lets look at the u. S. First. Lower yields across the board. We see a particularly sharp drop on the 10 year yield. The fact that the u. S. Twoyear dropping less than the 10 year indicating a flattening. Friday after the fed comments, we saw yields up. Today a reversal. Lets look at a onemonth chart of South African bonds. That is interesting. Growing anxiety about the finance ministry and power situation has seen a sharp jump in the last week. Chandra im looking at curre