In the market now. Julie very little changed after simultaneous records for the major averages. That is the first time all three have closed at a record its july 26. Taking upo upon is after a couple of games. That is the balancing act that we are seeing. Apple was lower in early trading and it remains lower as we get underway at half hour after the start of trading. In mind that apple shares have rallied about 40 this year. Sos the best rally far and analysts have been positive on introduction of products, including the iphone 10. One small caveat is the shipment date is a little bit later than some expected. That could push some of the sales into the following quarter so that could explain a little bit of the pullback here this morning. The other stories were watching stock wise are nordstrom on report that private equity firm Letter Agreement partners may help fund a buyout to take the company private. The Nordstrom Family said it was considering a buyback in june. The family is not
Meddling well discuss the potential impact for facebook and for the other big tech names. Speaking of big tech names intel Ceo Brian Krzanich will be here for an exculusive interview about the companys new Autonomous Vehicle partnership with alphabets waymo unit that will be coming up a while from now. That will be very interesting. Plus, find out whether a nearly 8 billion Missile Defense deal could signal more deal making on the horizon for the Defense Industry which is enjoying alltime highs in this market today. Lets start, though, with facebook feeling more pressure from washington over those russian ad buys ahead of the election Julia Boorstin has the very latest julia . Reporter hey, kelly. Facebooks under fire for recent revelations that russians bought ads on the social network to influence the president ial election House Intelligence Committee Ranking Member adam schiff is calling on the company to testify before congress saying im distressed it has taken us this long to be
Said Deutsche Bank ceo is to be losing support from top investors. Anna welcome everybody. This is bloomberg daybreak europe. Im anna edwards. Manus im manus cranny. This is the s p 500. The u. S. Market is in a bull run. 10 years ago was the anniversary of the last bull market. Past decade,in the it is up over 100 . What made up that rally . Reinvested dividends. That was 40 of the overall gains. The rest came from the share price gains. By the way, we havent had a 2 move in the s p 500 so far this year. Weve had positive returns every month for 10 months and we havent had that in the history of the s p 500. This is a lesson for the Financial Adviser why you want to be in long stocks. Anna all that talk in september, once again we are in that mode of things for october. A great line of the daily profit talking about what happens when you get all highs on equity markets. Analysts bringing down their earnings estimates. The daily profit column sees in the market in the u. S. On the risk
Vegan nail treatments, taking the Retail Experience, and we do mean experience to a whole new level. Well take you for a tour. Pass the avocado juice, everybody, because power lunch starts now im brian sullivan, none of the major indexes are moving that much. The dow tufrned negative but the dow would be higher if it wasnt for home depot, shaving 45 points off the dow this despite an earnings beat and raise the outlook. Investors looking for a little more from home depot outside of that store pretty of an empty parking lot for Retail Stocks and investors in Advance Auto Parts losing 20 of the money both retailers missing profit fimts and giving weak guidance Energy Stocks under pressure crude oil back down to the lowest level since mid july. We begin here in new york President Trump will be focusing on infrastructure today and his arrival come as mid large protests at trump tower. Heres the latest on those stories. Reporter the president is continuing his working vacation at trump towe
Following fridays deadly Taliban Attack and scores of inhan soldiers were killed the worst attack on armed forces in years. First, all loads have been counted following yesterdays first round president ial election in france. The final result go as follow, the centrist candidates Emmanuel Macron came first with 24 of the votes. He was followed by the National Front candidate Marine Le Pen. The conservative candidate with just over 20 and just behind him, jeanluc melenchon. The socialist Party Candidate picked up just over 6 . Mainstream politicians have been calling on voters to keep the far right out of power. Thelatest to do so is outgoing Francois Hollande, who is urging voters to back Emmanuel Macron against le pen. Hollande says a victory for le pen will spell disaster for france. Vote dealt a crushing blow to the french political classes. Both of the main two parties were eliminated in the first round. Runoff onlydential two weeks away, income and behind are incumbent socialists