Markets. All i have to say is, what a risk on rally we are seeing. The mystic stocks are the big out performers. The russell is outperforming the s p 500 for five straight days. Lift up of 10g a basis points on the 10 year, the highest since march 19. I cannot remember the last time i saw a 90 basis point print on the 10year. Further weakening on the dollar, weaker for seven straight days, nine of the last 10. You wonder what that means for the fed Going Forward. Lets get perspective from kailey leinz. What do you take from this market rally . Kailey i want to start with technology. The nasdaq composite is set for a record close, as is the nasdaq 100. If we can see how that index has performed this year, it is like this a lot never have been. Now 2 above the record close in february. You can bank microsoft, amazon for those gains that we have seen. Positive by now 12. 5 on the year. It is not Just Technology outperforming. It is the more cyclical growth sectors that are leading the way
In the meantime, this is what im looking at. The euro having a little bit lower. Spain continuing to be on edge after its Prime Minister moved of thethe authority region. The nikkei up 1. 11 . Sent thees election region to elect to a record. Thats your market check. Lets get to the bloomberg first world news. Catalan separatists are meeting today to formulate their response. Catalan president is set to be ousted, but he vowed to fight on. His allies are signaling he could be declaring independence this week. Rex tillerson is calling on european allies to support new sanctions on iran. He is warning that companies doing business with tehran are doing so at their own risk. He was in riyadh for talks trying to bolster a new alliance between saudi arabia and iraq. Saudi arabia has rebuffed his requested in the fourmonth isolation of qatar. Mays efforts to get brexit legislation through parliament has hit a low new load lock new roadblock. Political political fragility was underlined by the
So, the whole thing was orchestrated and set up within the fbi. Clapper, brendan, in the Oval Office Meeting with president obama. So, you think this goes all the way up to the top to president obama . Absolutely. Harris also, the former president , in a friday phone call with former members of his administration, obtained by yahoo news, is heard going after the dojs decision to drop its case against flynn. Listen. Thats the kind of stuff where you begin to get worried. The basic not just institutional norms, but our basic understanding of rule of law is at risk. Harris youre watching outnumbered. Im harris faulkner. Here today, melissa francis. Kennedy, a host of kennedy on fox business. Emily compagno, attorney and fox news contributor. In the center box today, charlie hurt, opinion editor for the Washington Times and fox news contributor. We say hes outnumbered, and hes also out with us on a monday. We are glad to see you. Charlie, i will start with you, just on this whole back and
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