The state department advising u. S. Citizens not to travel internationally and return home. They raised the advisory level to four. Huwan which was ground zero reported its first day without a new case we have full Team Coverage for you here bob is tracking another wild session for stocks rick, is watching the bond market for us. Kayla has the very latest on the action this d. C. We start with you bob. An important thing here today is even though 50 point swing in the s p 500 would have been insane a month ago, its kind of normal now its lower volatility than what we have been seeing recently i think thats the key point about whats been happening. If you look at the leadership, its also different. For once were seeing, for example, bank stocks doing Better Energy stocks doing Better Technology doing a little bit better what has been the leadership or what has been going down has been held care, for example, Consumer Staples and they are lagging today. There is a an attempt to buy the m
You see a little bit of haven buying here today. Treasury yields pretty much lower by about a basis point across the curve, led by the 10 year. Guy in terms of the session, we are at session highs in europe when it comes to equities. 600. On the stoxx london is outperforming. We are seeing some of the hotel stocks at the top of the pile, but every sector is in positive territory. Stocks are trading a little but higher. The pound is higher. The conservative party continuing to maintain a significant lead over the opposition rivals ahead of the election, up next month. The tory manifesto over the weekend, though, in some ways does raise the risk of a no deal brexit. That is certainly not being priced in today. Weck up to 1. 29 again track back up to 1. 29 again. The Turkish Military starting to test the russianmade Missile System. They turned it on, basically. This may raise the risk when it comes to sanctions, so the turkish lira down by 0. 4 , the dollar up against this turkish lira. R
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The aussie market doing ok despite some not great news from the pmi, which we can look at now. Contractiong seeing on the manufacturing side of things. The has helped to bring bulls out for bonds suggesting we see another Interest Rate cut coming through from the reserve bank. Things inso got other play here as well. 10 year yield, three basis points down. Below 1 again. That facility will not be ready to operate fully for months. , after that 20 billion worth of Corporate Tax cuts designed to stimulate the economy. Nifty futures pointing upside as well. Could be adding to that huge gain. Biggest lift up in indian equities in a decade. There we have it at the moment. Now. the renminbi right off by looking at the chinese currency. Theres nothing much happening but that is the story. Or are we looking at Something Else . Guest no, you are right. On the surface they are not big moves today. It is interesting that pboc fixing today. Four pips higher for dollar yuan than friday even though
Data. And with the major indices heading new highs, trading some of the busiest gainers. And before that, we start with todays markets and dom chu has the numbers. Generally a positive week but moving not a lot. Ill show you what is happening with the broader s p 500 which is just a hair below 5300. Just about flat on the session. Again, we were up maybe around 8 points at the highs answer down maybe 6 to 7 points at the loews. So it has been very tight in terms of trading range. But coalescing right around the 5300 mark. And the dow industrials pacing the advance if you want to call it that. 66 points to. And nasdaq pretty much flat down three points on a base of 16,000. So again, very tepid moves, a calm end to the week so far. Well see what the afternoon brings. It is a week of memes and milestones. What drove the markets . The best performing sectors in the s p 500 on a one week basis had been technology, real estate and communication services. Those three again three of the best p