See, we have we the best week for the s p 500 and the nasdaq sense 2016. These were all games last week. Even though the gains are tiny, they do stand out. The dow and the nasdaq earlier but in alltime highs. It will be interesting to see how the day plays out. We are going to see why these stand out. Week, the best week since december, its around tax reform and earnings season. We did not see a decline on a daily basis. Its a little bit of a breaking of trend. Shares of gopro, take a look at this, down 29 . They put up announcement, they are slashing revenues for the fourth quarter. They will be 20 below what is expected. 340expect revenues to be million. They are reducing the Global Workforce to 1000 people. Has been under pressure for a couple of years. It was more than a 90 staff. Now its a five dollars stock. Its something everybody is looking for. Lets look at some of the other movers. These are in the green. Positiveny put up a announcement. They say the fullyear forecast for pr
Well. The youre is lower, bonds, commodities and cts your final klee columns. G. M. Has sold its business to ferriero. The price is 2. 8 billion. It is the first substantial step away from the candy industry. It includes butter finger and baby rutta brands. It is the First Investment since Mark Schneider since he took the helm last year. Nestle focusing on health, coffee, pet food and water. That is nestle. Lets talk about emerging market equities. Theriot rising today, highest in almost a decade. Stock contrarians are warning the good times may not last. The chief executive of doubleline says the rally in the dollar will probably be a setback. Goldman sachs and ubs has cited a possible downturn in the sector. But the msci emerging markets goes from strength to strength as evidenced by this chart, as well as the saudi stock benchmark, climbing today, highest level since october of 2015 on expectations that the country will be added to emerging markets. The share gains. 2 last year vers
Welcome to the big tl, im michelle carusocabrera, three hours left in the trading session. Stocks are head ed lore, right now dow, s p 500 and nasdaq theyre all in the red. Energy is the big loser as oil hits a fresh twoweek low. Brian. Heres what else is happening at this hour. Breaking developments out of brazil. The senate there voting to remove president rumsef from office. More on this developing story straight ahead. Also, elon musk suggesting that major improvements may be coming to teslas autopilot software. More details are expected later on today. And florida declaring a state of emergency as a hurricane watch goes into effect for parts of the gulf. This as hawaii braces for a hit from two hurricanes. The very latest on all three weather patterns coming up. As you can tell weve got another big two hours ahead for you, but lets begin with this. Janus capital bill gross taking aim at janet yellen and the Federal Reserve itself and latest outlook gross says yellen and the fed ha
Syria, air strikes as well. Part of its intelligence sharing with our allies around the world and part of it is coop race from Tech Companies in an age when it is a key start of the isis strategy. We examine our strategy to determine when additional step are also needed to get the job done. Thats why ive ordered the departments of state and Homeland Security to review the Visa Waiver Program under which the female terrorist in San Bernardino originally came to this country. Thats why i will urge hightech only Law Enforcement leaders to make it harder for terrorists to use technology to escape from justice. Now, the president didnt educate he wants a new law from congress, merely that he wants the Tech Industry to work with Law Enforcement, try to figure out ways to help them track threats without invading the privacy of customers. Obviously, thats an extremely speech, the lance to strike. President tried to balance the need for military action versus a softer approach in terms of our a