I am will fred frost. And i am sara eisen lets get to the Global Market picture on friday, essentially margts were flat end, dow s p as a whole, down around 1 . The dow was up half percent, s p flat as far as sector performance, tech the worst, down a for the week as a whole on friday itself energy was the sector that outperformed up a percent as all prices rebound toward the back end of the week have a look at what futures are doing, higher by 74 points gains in europe and asia at the moment more on those in a moment. British pound for you this morning holding just above the flat line, up about a quarter percent. 128. 04 brexit negotiations begin to take place also because of a developing story out of london. We will come back to markets in a moment a man drove a van into a crowd near a mosque in london. Reporter good morning. Unfortunately this is an all too familiar sight in central london, fourth attack in the uk in less than four months what we know is shortly after midnight, a ma
67 billion. We will break down why bigger isnt always better and especially in the tech world. You look back at some of the other tech merge he wishes in the past, i thought of hue let pack err and come back which didnt work out well, that was 18 million and this one is 67 billion and there is a lot of debt involved in that one. Number two in the rankings the evongo come deal. This one does eclipse a lot of these. All your golf eye fish nad dose out to the gary player invitational, talk the business of golf with pros Jason Duffner and natalie golbas one of us is excited about this. Natalie had the great pleasure in the pro a. M. Of playing with dominic chu, i cannot wait to hear her view of doms game. Plus the innovation in the auto sector tnls at pace. A special edition of the spark today with a company that says its product can determine stress and road rage. Are you feeling stressful . See you after the exchange. I cant wait for that. Lets start with oil. Taking a big hit as you saw
We are certainly expecting to see much quieter weather. You will not need any bedazzled umbrella, that is good news. You were hoping for that . A little bit. Well hey, take one with you but, you know, go mary poppins style instead. It will be a quiet pattern here. Lets go outside, storm scan three quiet as can be. We had wet weather rolling through, last night on the three hour loop how things have been just sort of pulling away in terms of the wet weather but there are still some clouds out there. You might even still find a few patches of fog but generally speaking things are calmer and more collect out there as well. It is a off to a mild start, for the standard at least but a as we go through the day, cooler air starting to move in. We have got a north westerly flow to our wind not a windy day a at all but because that is the direction that the air flow is coming from, it is going to keep us somewhat at bay with these temperatures values throughout the the the course of the the day
Straight after their investment release. Reports that the nsa and british spies stole its da a at that. Gemalto says it is investigating but cannot verify the claims. Be and welcome to the show. Were gettinging pmi da a at that. The composite number has come in at 53. 5. Its higher than the january number which was 52. 6 and slightly higher than estimates. Weve got the Services Number which has come in at 53. 9. Thats higher than last month which was 52. 7. The manufacturing number which will have also just come out, let me find that for you, at 51. 1 sleetly belowslightly he below. It follows the jerman and french numbers. Both of those echoing similar sentiment. Manufacturing slightly weak but nothing too significant as you can see the euro dollar has weakened. It has. One of the bright spots was german data. Stronger than expected growth in the Service Providing sector expanding faster in the month of february. But despite that data investors seem to be focused on the headline numbe
But first lets get you up to speed on other stories. Joe was talking about apple. It has been a rough ten weeks for the most valuable u. S. Company. Shares tumbling more than 6 yesterday shedding 35 billion of market value. Among the reasons cited by analysts, a forecast by an Influential Research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. There were also unconfirmed reports that at least one major stock Clearing House was raising margin requirements. And then theres the fiscal cliff. Analysts citing fears about a hike in Capital Gains tax in 2013. Rick santelli has been talking about this, though, the things that were up in 2012, those are the things being sold now, whether that be gold or any number of assets that rose appreciably over the course of the last year. Well be talking about the future of apple and the outlook for its stock a little later this morning with Jonathan Geller of the boy genius report. Good old b