Lets bind them to these international institutions. That in turn will help us get what we need. The administration is saying these things did not work. We see Vice President mike pence speaking in the Ronald Reagan building in the International Trade center, which is just a few blocks away from the white house. Staying with you, net. In terms of people wanting to see something out of china why is the white house choosing to call china a strategic competitor at this moment . To push beijing to do more north korea . Nick they are mandated on the strategy. China is the perfect perfect example of the approach they want to take, that confrontational approach signaling the past administrations. The challenge there is reflective of bigger challenges that the administration faces, which is the Administration Needs china, particularly in dealing with north korea. We will really have to wait and response to this, because the administration has said china is crucial to eliminating the north Korea
Lacqua. Stoxx 600 down by. 5 . It is down for a third day. Seven investors mulling over the staffing of the tax cut that took place yesterday by the house of representatives. German 10year yield continues its recent two basis points higher today. We have had a number of factors boosting germany across core markets. It is ecb hawkish commentary. To take account of dollar yen up by. 1 . Dollar is rising for third day against the boj, maintaining its policy start. Governor kuroda says there is the need to reconsider the current Monetary Policy framework. Will that stance be the case next year ago that is what economists are pondering. Saywell. Ined by Steven Michael ward will be here at 10 30 u. K. Time. Charles can tour joins us at 11 00. Lets get bloomberg first word news. Theresa may hits the poland and attempt to win a brexit l. A. Two when a brexit ally. He made misleading statements over pornography discovered on his limitary computer over a decade ago. On his parliamentarian comput
Were they up, you ask . Lets take a look. Yes, spain and italy, i always like to see the ftse over in the uk, wilfrieds home, the only one that is up this morning. The big outperformer this month as well. Playing catchup for the year more than any other specific factors. But its been a good month the rest kind of flat for the month. Lets take a look at the tenyear yield and of course, oil Oil Important yesterday. Having climbed above that 60 mark for wti you can see its slightly below. Lets call it not much of a move this morning, flat or so and 2. 42 on the tenyear note yield. Lets get to our road map this morning. In it, it does start with those two trading days that are left for the year u. S. Futures are pointing to a higher open, buoyed by gains in the utility and real estate sector and the cryptocurrency tumbling after new regulation talk in south korea. And its the year of the global ipo, 2017 saw the most Companies Going public since the financial crisis a lot of them right her
9th, that crazy friday, our reporters are standing by breaking down the market since then Bertha Coombs and bob pisani i think the important thick is weve seen quite a recovery in the markets but not for everything let me show you a few charts jpmorgan, a big recovery remember what happened on february 1st it was like 117 then goes down to 104 on the 5thand its com back around 116 thats a roundtrip. Also boeing another big one, 357 on february 1st 317 on the 5th. Thats a 40 drop, back to where it is, roughly 356 or so. Theres a roundtrip some stuff hasnt recovered the consumer names havent recovered. Cocacola goes to 82 and its hovering around that exxon, the oil stocks have had a hard time. 89 down to 73. That hasnt recovered. Part is on the fact that oil didnt have a big bounce heres the important thing the s p on the whole has recovered a large part of its losses we lost almost 300 points from the high to the low on the s p and you can see all the numbers were looking at the importa
Sometimes people have a difficult time doing that but a few months ago the premiere said he didnt want to see a devaluing at all this year. Now down by 44 points. S p futures off by 4. 5 and nasdaq down by 10. Cac is off by one third of a percent. It didnt beat forecast reven revenue above projections. There was a 3. 5 jump and the Home Improvement retailer raising its fiscal 2015 sales and Earnings Guidance. Brian joins us in a few minutes to weigh in on the latest results but u. S. Comps were strong as well. Up almost 6 . The company has now had beaten 11 quarters in a row. So it was widely expected it was going to be a 12th and thats exactly what happened. Shares of home depot down. Pretty good run for the stock as well this year. Based on the housing data weve seen lately including yesterday, this was widely expected to be another beat quarter. As you mention, theyre giving good guidance for the year. They see same store sales up 4. 1 to 4. 9 for the year. Thats what theyre expecti