European markets are well underway and as he has pointed out a number of times they have been of late for our own markets and there they are up across the board. Not bad actually. No, our futures being down is a function of idiocy. Idiocy how about the ten year note yield were right around 210. Yesterday. And also we know if you buy the banks you get some leadership rally and oil goes to 42 they still have no place to put it which is incredible given the fact that at one point we would be in a state of emergency but instead were in a state of glut youre going to pushing and theres not enough people in the refineries they get far earlier than people think. At the same time oil has to come down because its in storage and those that want to ship that oil will get it to the market somehow. The president said to speak on taxes later today. Expected to call the u. S. Economy quote rigged or at least the tax system plus its official warren buffet now the largest shareholder in bank of america
That. Another look at the futures, you heard becky talk about them. Were looking up this morning. Of course, european markets you ask, well, we answer. With a generally positive in fact entirely positive, thanks for italy and spain, guys. Appreciate that as always. Ten year note yield hanging in around the 2, 2. 22 a lot of twos this morning. You see crude oilwell below the 50 a barrel. There are reports that the president will pull out of the paris climate agreement. What it means for business and geopolitics. And trying to clear up what America First means saying were asking at will of our partners. Well take a look at the message from the administration. And its the last trading day of may. Should investors expect a june swoon . June has been a rocky month for the markets. Well break down the winners and losers. First though, President Trump apparently planning to pull the United States out of the paris climate agreement. This is according to a number of reports this morning. Puttin
Gather before the cameras at exactly the same time. Led by republican senator rand paul who demanded, banged on doors and said let me see the plan days ago, along with the Freedom Caucus. It is reported that they will kill it right then and there, were standing by for that, cameras are roaming the halls trying to figure out where its going to happen. To cut through the drama, we have two doctors, tim murphy, whats the cost and will it pass . Dr. Steven classco, an expert in obamacare and should it change, what could the device makers mean for the stocks and innovation for you and your health. As the health care and drug stocks are hit on the uncertainty, the dow industrials trying to come back here, down 17 point had. Been down more than 50. The short seller sharks are swirling around snap stock. Form wall street banker turned author William Cohen will try to convince you why wall street not only matters but should be celebrated. And nintendo crushing it with new console, better than w
This is nightnightly busin repor report. All it takes is a spark. The courage to seek the unknown. To innovate, disrupt, to move us all forward. To explore a different perspective. At nasdaq, we connect the world. Its ideas, its capital, its businesses, the people that drive global economy. The future isnt tomorrow. Its right now. All it takes is a spark. Nasdaq. Vital signs. Which industries win and which lose. Under the new Gop Health Care plan. Digging deep. Why key players in the multibillion Equipment Manufacturing industries are gambling on a better future. Women on wall street. One of the biggest Asset Managers wants more women in the board room and it is using the iconic bull on wall street to get its point across. Those stories and more on nightly Business Report for tuesday. Good evening. Welcome. Washington, wall street and main street were all focused on health care following the release of the House Republican plan to replace the Affordable Care act. As we reported last ni
The countries failed to take a stand against china over the weekend because they could not reach an agreement. Global news 24 hours a powered by more than 2600 journalists and analysts in more than 100 20 countries. Im mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. To be a hitiphone and apple is enjoying a pop, but china sales continue to slump. How does it impact tim cooks strategies . Plunging after hours. We will break down the numbers. And a Chinese Company is known as the apple am a tesla, netflix of china and is now buying a u. S. Company for 2 billion. We will hear from executives later this hour. Apple shares gaining afterhours with a sales slowdown that was not quite as bad as expected. Backtobackfirst Quarterly Sales declined since 2002 but actual iphone unit Sales Beat Estimates coming in at 44. 4 million. I spoke to the apple cfo who to a mix oft companies developed in emerging markets, something tim cook just reiterated on the earni