Top 2 million for the top two weeks. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. This is markets. When you look at the markets, they seem to be focused a lot on hong kong. At the same time, u. S. Stocks are dropping futures. If you look at washington and beijing, escalating after china announced the National Security law. Oil snapped a sixday winning streak. We will also have much more. Lets get to bloomberg first word news in new york city with ritika gupta. Ritika hi, francine. Imposing restrictions on Chinese Companies listed on u. S. Exchanges, but the parliament stop short of passing a vote. The senate had overwhelming support from both parties. Rising pushback against china on capitol hill. President trump has decided to withdraw from the open skies treaty. He wants to promote transparency between the u. S. And washer, and russia, citing until there is a deal, we will pull out. Secretary of state mike pompeo says there could be a d
Interview with a ceo, three years after microsoft acquired the job listing site. Disruption, robots, supply chains, and Data Technology changing health care. We explore big changes coming to medical technology and how to invest in it. But first, to our top story. Up aneys general opened broad investigation into whether googles search and advertising practices violate antitrust and harm consumers. States attorneys general, led by texas, say they are investigating whether the search giants Business Practices are consumers. Harming anthis is not a lawsuit but investigation to look at facts. The facts will lead to where the facts lead. Taylor mondays announcement was closely followed by one that facebooks look into market dominance on friday. I am joined by a guest. She served as an assistant attorney general in the antitrust bureau of new york , ate, and in new york reporter who covers google for us, so lets just start with you. How big of a deal was this . Reporter it was pretty impressi
That the banksle were the focus point. They seem to miss in terms of overall trade. In terms of miss overall trade. The laststeven, over couple of days, it has been middling, hovering your record highs. When you look over the next few months, do you think we still have sort of enough of a catalyst year to kind of keep this momentum going, pushing equities higher, and how do you think that fits in with, i guess, regards to the earning picture earnings picture that we have . Is no i think that worry. A good deal of this has been momentum. Overall, we are not bearish. We think we have a record high level of eps in the United States this year, and, probably, we can go on to another one in 2020. The problem is it cannot be everything that everyone wants, which is a rapid gain in eps with ever rising asset prices, getting it altogether. Inflation low, profits high, markets high. Broadly speaking again, i do not think we have come to a point where we are just wildly irrational on equities pri
Its education business continues to struggle in north america. And asml is among the hottest stocks in europe this morning hitting a record high as Fourth Quarter profits beat expectations good morning were about an hour into the european trading session wild swings in the u. S. Equity session. Well get into that. The handover from asia was mixed. The nikkei was down about 0. 4 overnight. Hang seng stood out there, ending up about a quarter of a percentage point the mood music in europe is grim this morning it points to a weak start for the stoxx 600. We recovered a bit, but for the day the index is trading down. Lets look at european markets and see what the picture is like there the only one in the green, is ftse mib. The italian index, but ftse 100 is lagging in the uk, the focus is on the voting of the uk withdrawal bill later in the lower house of the Parliament Today xetra dax is also struggling, down 0. 2 . We get eurozone Inflation Numbers in about a half hours time we should g
Japanese electronic giant secures a 1. 9 billion bailout. Lets have a look in on european markets. The stoxx 50 is flat. We did have weakness across europe yesterday. It was only pronounced weakness for the dax in germany off more than a percent. Partly because gdp figures were a little disappointing. Its a continuation of the unwind of qe trade dom natd market trade throughout the year so far. Lets look on what the rest of the european markets are doing today. The ftse 100 below flat. Germany and france managing to stay just in the greece. France just ticks down into the red. Italy also just below flat. Of course there has been a continuing sense of volatility of weakness in the markets. We were a little weaker earlier. We found a little bit of strength over the last half an hour or so but in general certainly nothing to write home about. Lets have a look at bond rates. They continue to be one of the key drivers of the unwind weve seen highlighted by the 10 year in germany. We look at