That makes it the choice for many u. K. Citizens seeking to retain an eu passport. The busiest month for u. K. Application for february and march ahead of the original march 31 deadline for the u. K. To leave the eu. In seattle, Public Schools say they will exclude kids from classes but are not if they are not vaccinated after the winter holiday. The moves come as Washington State lawmakers voted to get rid of an exemption for the measles vaccine after two outbreaks sick and 87 people and forced a state of emergency. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, i am vonnie quinn. We are joined by a our bloomberg and Bnn Bloomberg audiences. Here are our top stories. The santa claus effect. Traders assessing and equity rally that has added more than 5 trillion dollars to the market this year. With that las
The dow is down over 200 points. Of course, pointing to weaker than expected Manufacturing Survey that was definitely the trigger. A lot of the rally since late summer was about a process with industrial activity. I will point out weakness today is not specifically concentrated in manufacturing, it seems like it is an excuse to say we had a nice run, havent had many pull backs. See the nasdaq down 1. 4 not full of manufacturing. It is more of a general cemen sentiment. U. S. Data not improving on time according to the schedule investors were hoping, we have a backoff. I would point out, s p is back to where we traded a week ago friday were skimming a bit off the top of the last part of the rally. Dow is down 220 as we talk now. Meantime, lets turn to the political ad hold outs mark sazuckerberg was reiteratig facebooks policy for now. At the end of the day i just think that in a democracy people should be able to see for themselves what politicians are saying even if the ads contain fa
I want to look in my terminal here. There has been a baritone going tone going on. Either hedging or protecting against some of that downside as you get to puts for every call. Some defensiveness creeping back into the market. That is an interesting chart. When he put into perspective of this s p 500 chart, it suggests those arising puts to call, it is more of a hedge than a bearish bets. The s p 500 up until not long ago has been stuck in a range. Earlier this year, broke out of the range then truly did so in october, even with the first down week in seven weeks, we are above that range. We have a rising 40 week moving average. We have a rising 200 week moving average. This is a bullish chart. It suggests more gains are ahead. I want to look at another list chart, biotech start. They have been unable. Index rose for the first time in six days, 5 in that time. It is broken up today to a new 52 week high. There is a ton of action under the surface, with drugmakers getting wins and losse
The Investment Committee is ready to go. Halftime report starts right now. Good to have you with us on this monday. Our Investment Committee, joe, josh, steve, jon, shannon is here, the chief Investment Officer at Boston Private Wealth begin with the markets stocks modestly lower. Now some key questions about whether there is enough momentum to carry stocks higher between now and the end of the year. Weiss, optimism is rising and has been and you can see it in a number of different ways, interest rate, 10year pushing 2 there are socalled unloved assets that have joined the rally according to some which is another bullish sign justified . Enough momentum to carry us higher i think there is. The seasonal trade is difficult to bet against, however i took off a little exposure and sold some of the smh. I kept adding to it and added through earnings, because i thought the semis would have good quarters and they did now that that fundamental part is over, im more in the Market Movement trade
Radical new look and power train for the mustang name plate a one on one with ford ceo jim hack et coming up. Saudi aramco falling short the company out with a new valuation thats less than investors were expecting as Worldwide Exchange begins right now. Good morning welcome to the show im dominic chu in for Brian Sullivan. Here is how your money and the Global Markets are setting the day up after the dow closed 28,000 for the First Time Ever on friday breaking above the key level just in the last few moments of trading on that day you can see there the time lapse of the moves this morning, stock futures indicating the dow will open up slightly higher. The dow is coming off its longest win streak since february the s p seeing its longest win streak in two years at that stage. As you can see the dow jones up by another 40 points if these gains hold into the opening bell, the s p up by 3 points and the nasdaq up by 17. If you take a look at the overall picture, also bonds a key focus as