On cnbc. Im sara eisen. Do i not get a welcome back . Welcome back from washington, a whole 24 hours. I know. How was it . It was good fun, thank you. Well discuss that story coming up. Wells fargo, and another hearing to come today. Busy time down in washington and the fed meeting. Lets get to equity features at this hour. Yesterday we did have a positive close for all three indices, but fractional. Just higher about 0. 1 . We lost steam during the day. Its been treading water this week ahead of the crucial fed meeting, the bank of japan meeting well get to in a moment. Here are the u. S. Futures, higher by 70 points for the dow. A half percent positive open for u. S. Markets. After we lost the gains again yesterday, the dow closing up ten points. Some trepidation ahead of the big Federal Reserve meeting, but there is buying this morning. The top market story of the morning is the bank of japan rebooting its monetary policy. The boj did not cut rates further into negative territory or
I want tovacation, learn from you and your guests in this hour what this means. I really dont understand the importance of boris of versus david. Francine is going to make me smarter this hour on brexit. We know that its uncertain. We know there is volatility, but no one knows how it will play out. Its a dangerous game. Says a limited ceasefire in syria may be within reach. To suicide bomb attacks killed at least 140 people. Islamic state claimed responsibility. The u. S. And russia have agreed on a truce. It would not cover terrorist groups. The u. S. Called up peace talks with north korea after the recent missile test. North korea had demanded that a peace treaty replace the cease fire that ended the war in 1953. The driver blamed for the killing of six people in michigan appears in court today. He will be arraigned for the killing in kalamazoo. Passengers inuck between the shootings saturday night. They appear to be random. Cruz are thend ted only candidates who can keep donald trum
Place. The march always begins in Victoria Park. According to the organizers, 510,000 protesters participated last year. Many of them gathering several hours before the start. In september, 2014, the world witnessed the socalled umbrella revolution. Named after the way pro democracy marchers used umbrellas to protect themselves from tear gas. Students and citizens occupied the streets for 79 days, demanding true universal suffrage. Not one of their demands were met. The lack of change created a sense of hopelessness. Prodemocracy groups disbanded and some residents began resenting activities that disrupted daily life. The annual ceremony to mark hong kongs return to chinese rule was a lavish event. 1200 guests from china and overseas attended. Hong kongs chief executive ying was critical of prodemocracy faction and their revised electoral bill. He also reemphasized stronger ties with beijing. There has been no compromise towards citizens seeking genuine democracy or true universal suff
Donald trump is making overtures to the Republican Leadership as he consolidates his frontrunner status. He had a conciliatory discussion with House Speaker paul ryan. Putting trump ahead in the key races in florida and ohio. Does any headlines from bloomberg news. Bloomberg markets today, closed for lunch but heres how they were trading in the morning session. The composite down about 1 . We are leading up to that decision in shanghai. I am back in half an hour. Time now for bloomberg west. Coming up, square beats big time on revenue. The company is still losing money. Amazon goes to hollywood. We step on the set to take a closer look at the companys plans. China announcing the biggest vc cash pile in the world. How it plans to invest in that country. First, square posting sales growth despite increasing competition from paypal, apple just to name a few. Revenue rising 49 in squares First Quarter as a public company, but profitability may be the real concern. Squares net loss widened
Deals were announced or offered, even if they are not done. The s p is gaining a little traction thanks to facebook. The dow was being held back to some extent. When i look at the s p 500 as emblematic as what is going on in the markets and look at the biggest movers, it is a mixture. You have facebook on the list and when you look at facebooks future growth, a lot of analysts are saying the bulk of the revenue increase last quarter. All this money comes from facebook itself. Not even monetizing messenger or instagram. Analysts are looking for future growth in the company. St. Jude medical getting a buyout offer 25 billion with bristolmyers squibb. It is a mixture of earnings and m a driving these performers. Take a look at the latest on the earnings in the s p 500. Here is the current quarter. A little bit of a decline in sales. Now, more than half of the s p 500 members have reported. A decline of less than 6 . Going into it it was looking like 10 . Companies always Beat Estimates, t