Boeing and a new millennial nightmare out in kra california but we begin first with todays markets and bob pisani is track ing that record breaking action at the New York Stock Exchange and nasdaq getting a lot of love today thats because of big five are leading the way. All five of the biggest stocks apple, microsoft, amazon, facebook, when they move, everything moves nasdaq 100 leaders this year, guess what the same companies apple, facebook, microsoft, alphabet and amazon. Five company, nearly 40 elsewhere, bank stocks, big story for the year higher yields, loan improvement. New highs for many including many of the regional banks not today, but in the few week, theyve been up there as well. I know the nasdaq composite gets a lot of love. The nyse composite, which is down here, a compilation of all the stocks that trade down here, also at an historic high today just pointing that out, brian. Back to you. So bob, i got a question for you here if you are talking about the nasdaq at 9,0
We dig into the details. Digital currency regulation. Adam pozen of the Peterson Institute weighs and on whether Central Banks should be issuing their own guidelines on cryptocurrency. Netflixur top story reported thirdquarter earnings on wednesday, the shares stopping in after hours trading after International Growth eased investor worries. The streaming giant also talk to earnings per share projections. New subscribers did fall short of estimates. Revenue went to 5. 2 billion. Bloombergsbring in lucas shaw in los angeles. Shares rising 10 in the postmarket. Is it really the new subscribers overseas that are allaying our concerns . Lucas i think the story is investors were worried netflix was going to have another bad quarter. They disappointed in the second. They added a few million customers, fewer than analysts expected. One analyst i spoke to this week said sentiment was awful. Instead, they come in around expectations. They missed in the u. S. , but were above internationally, an
October 18 futures indicated up about 50 points for the dow s p indicating to be up about six points all of this riding on the big number it is jobs friday expecting an increase of 75,000 none farm jobs and increase of Unemployment Rate of 3. 6 . The numbers are weighed down by the strike at General Motors those striking are treated as unemployed thats important to remember overnight in china, new data showed factory activity slank. Analysts expected it to pick up from last month. All of this raises the stakes for the trade war. Eunice yoon has more for us now. Thank you, becky. That official number was different from the private survey that came out showing factory activity expanded at the fastest pace in two years. It could be because the private survey tracks small and private companies as open toesed to large ones. China this morning proved to be a tech power house the goal here for 50,000 they keep on serving now with the 5g enabled phone apple is on 4g and the huawei phone is 10
Unity and stability. Viviana meanwhile, violent clashes in hong kong show the extent of dissent against beijing. There have been pitched battles all day long. Viviana Boris Johnson floats a brexit plan, but it is short of a done deal. There are some issues that are problematic. Vivana Australias Central Bank rolling out another rate cut. Already, traders are already starting to price in another cut for december. Viviana the u. S. Plans to slap more tariffs on the eu. The ultimate goal according to the u. S. Trade Representatives Office is to hit europe where it hurts. Viviana plus, an exclusive conversation with indonesias president. He is pledging reforms that will attract investors. You will see many sectors removed from the negative investment list to create new jobs. Viviana its all straight ahead on bloomberg best. Hello and welcome, im viviana hurtado. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Televisio
The nations strength. The message is one of unity. Meanwhile, violent clashes in. Ong kong there have been pitched battles all day long. Boris johnson posts a brexit plan, but it is short of a done deal. Quick there are some issues that are problematic. Australias central bank rolling out of rate cut. Investors are still ready investors are already starting to price in another cut for december. Quick the ultimate goal according to the u. S. Trade Representatives Office is to hit europe where it hurts. Plus, an exclusive conversation with indonesias president. He pleasures reforms that will attract investors. Promises reforms that will attract investors. Its all ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. Week began with markets on edge in the wake of a bloomberg report the Trump Admin