Rising for a fourth day, highest level since 2015. The upswings we are seeing, the synchronous upswing is continuing in global equities. German Investor Confidence today setting optimistic tone for europes biggest economy. To 20. 4. G germanys economy enjoying a strong run supported by domestic spending and solid global trading. The strongest expansion since 2011. That is the data highlighting germany today. Look at the difference between spain and germany going back to 2008, the financial crisis. Points, the lowest in eight years. It has narrowed for 13 of the last 14 days to 79 basis points. On friday, we had the big news from fitch, citing strong relatively broadbased economic recovery in spain. A great piece yesterday saying spain trading at a small premium to germany, reflecting prospects for strong growth and core status within the euro area. Those times are returning. Lets compare sterling to rbs. Currency traders might want to Pay Attention to the health of the u. K. Banking in
That is up from 16 a year ago. Terrorism ranked second, followed by immigration. Chinas congressman said a trade war with the u. S. Should not be an option. Told voters in beijing the disagreements are inevitable. But history shows the u. S. And china can overcome trade frictions through negotiations. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Amanda live from bloomberg World Headquarters in new york city, im amanda lang. Joe im joe weisenthal. U. S. Stocks are rising to records today and the dollar resumed its advance. Joe but the question is, whatd you miss . Amanda the Philadelphia Fed chief says a march rate increase is not off the table, after clevelands loretto mr. Said the same thing. Traders are a long way from being sure of a rate hike next month. And macysalmart rallied after results from the Holiday Season exceeded wall streets pessimistic expectations. Ad, tesla stock has been on tear, up 48
Action news. Delaware valleys leading news program. With jim gardner. A car smashes into a window at the iconic boyd store on Chestnut Street in center city. The driver gets away with a major haul in highend clothing. This is just the latest serious crime in center city, philadelphia, and residents are taking notice. So are police. They staged a roundup today hauling in drug suspects. It is tuesday night and the big story on action news tonight is crime in center city, philadelphia. Action News Reporter dann cuellar is live on south broad street. Dan, some residents and businesses say it is bad and getting worse. Reporter thats right, jim. People are deply troubled and concerned with some of the stuff going on. They want to know whats causing it and how do you fix it before it gets worse. Thats what we were looking into tonight. As promised Philadelphia Police stepping up their efforts to combat crime in center city. Here, undercover narcotics officers swooped down on drug dealing that
Action news. Delaware valleys leading news program. With jim gardner. A car smashes into a window at the iconic boyd store on Chestnut Street in center city. The driver gets away with a major haul in highend clothing. This is just the latest serious crime in center city, philadelphia, and residents are taking notice. So are police. They staged a roundup today hauling in drug suspects. It is tuesday night and the big story on action news tonight is crime in center city, philadelphia. Action News Reporter dann cuellar is live on south broad street. Dan, some residents and businesses say it is bad and getting worse. Reporter thats right, jim. People are deply troubled and concerned with some of the stuff going on. They want to know whats causing it and how do you fix it before it gets worse. Thats what we were looking into tonight. As promised Philadelphia Police stepping up their efforts to combat crime in center city. Here, undercover narcotics officers swooped down on drug dealing that
Economists who were looking for improvement because of things like the louisiana letting and wildfires which depressed the data for august. ReConstruction Spending month over month was a disappointment and came in at a. 7 . Economists were looking with that to be at a positive figure. We will break that down in just a little bit, but i want to have a look at the markets now as well, but you uptodate 30 minutes into the trading session. The majors are lower. The dow is down by hortense of a percent by 4 10 of a percent. Eight point 22160. To 2160. Autsales not helping either because we had some misses although you would not see that on the share prices. General motors up 1. 25 . Ford also just really missed. Down 8. 1 . Analysts looking for sales to be down 8 . Again, i would say all of these carmakers had bad months down. We did get an improvement from nissan and tesla. Mixed day for the carmakers. We have a deal to talk about today. Elliott associates succeeded in pushing for a deal b