Of gunfire were heard throughout the valley. These are Law Enforcement officers shooting back at bandits at a Traffic Police post in the village of mara ayagy. And five attackers themselves drove up in a nine, threw an explosive device and opened fire. The battle was deadly, unfortunately, on both sides. All the raiders were eliminated on the spot. These are all local residents. The Police Patrol squad shot. Thirtysixyearold Police Lieutenant murat kalakhanov and twentysixyearold Sergeant Roman were killed gushchin. Then they managed to escape. This time they were not allowed to do this, but at a great cost. According to the ministry of internal affairs, as a result of the clash , two seconded Police Officers from the ministry of internal affairs of russia in the kurgan region were killed, two employees of the Traffic Police, Traffic Police, the ministry of internal affairs of the karachaycherkess republic, as well as a seconded employee of the Russian Guard were injured. Investigative
Quickest pace since 2004, which i believe was last month. Amidst the economic members, we do not see Much Movement in the stock market, in part because a lot of it is earnings driven as we get Big Companies reporting. A lot to report after the close of trading today. Thettle bit of pause after selling we saw over the prior three sessions, stocks between gains and losses today. To give you a picture of how big of a Driver Earnings have been to the recent, before the recent gains in stocks. You are looking at the forecast for s p 500 earnings and white versus s p himself it self and blue. We have seen 2018 pershare earnings estimates climbing by 4. 5 , nine times the average monthly pace of the past five years. That has been helping propel the rally, at least until it stalled this week. Omberg intelligent intelligence says if this pace slows down or reverses, it could provide a number another stumbling block for stocks. We have facebook Earnings Report after the bell yesterday, initially
You have seen a rise in return this year and another record today for u. S. Averages. Gains in big technology. The nasdaq is outpacing gains and being fueled in energy stocks. We see oil prices rebound. Elsewhere we are seeing repercussions of the Trump Administration decision to cut cost sharing reductions to Health Insurers. Hospitals are feeling the pain of this as well. Earnings are likely to high. Destabilizingo be and damaging to hospitals. Thatis from cheryl saying in a note this morning. You are saying the big hospital , they are taking a hit as well. Then lets take a look at the insurers. They have already pulled out of the aca exchanges but these smaller ones, they could have an impact. Theth care hasnt been in marketplace. The Obamacare Exchanges represent 15 of that company earning. That is why that stock is down more than the others. If you look at the Health Care Stock since the election we have a chart of them. You have the managed Health Care Companies in blue. And you
That the ecb is continuing crude getting a nice bid on the iran conversation. Looking at the banks, bank of america up 6 10 of 1 . Wells fargo unchanged. It feels like a really solid quarter for bank of america on earnings. It was the Consumer Banking unit that felt really good. Loans and deposits were up. They werely only at 834 million. David it looks very solid but we looked back to yesterday and thought citi and jpmorgan were doing well and they turned over. Alix fic was down 22 . Is the focus for banks turning to consumer loaning, which will make wells fargo allimportant . We want to turn to Michael Mckee with a very special guest. Michael good morning. Washington federal and Eric Rosengren joins us on the boston fed annual Monetary Policy conference. A special welcome to the Bloomberg Television and radio listeners, particularly those on one of 6. 1 fm in boston. Thank you for joining us 106. 1 fm in boston. Thank your for joining us. Nice to have you in boston. Michael we know h
Assurances it will not suggest to firms breaking out research costs. This is a mifid story. We will talk to mark cudmore about the story shortly. The Bridgewater Associates founder discloses a 300 million bet against the oil and gas. Iant we will speak to them tonight. Ofio is down on a bunch companies. We will figure out that story. Than half hourss away from the start of cash trading. Take a look at equity index futures. You will see not a lot of movement that positive on the ftse and the pound goes down, negative on the euro stocks eurostoxx 50 index. Take a look at bunds. 36 handle on bund yields. Looking at a 36 handle. If i click here on the onemonth you can see that we were much higher over the past month, hovering around 45, 46 the entire time and we have seen bunds. Eal movement in bimd yields have come down as investors that for safety. You take a look at the Fund Managers survey and the indication there is must Fund Managers believe the yields will climb, not fall despite wh