This can also be seen in currencies, stocks. Investors are bracing for turbulence not only on u. S. From novemberbut on into december. Those worries of a contested election, how do you hinge for that . Democrats, dropping a proposal of around 2. 4 billion worth of help. Plenty of first to be chewing on into the weekend. Obviously, this week was a little noisy. We saw ongoing selling pressure. ,ith todays rebound in tech it finished tire on the week. We are sorting the signal through the noise. Tech was a huge winner throughout this. They remain in a funk even with the gains, below the 50 Day Moving Average still. It is the first realtime that we continue to be in this theine phase for tech since rally started at the end of march. He saw this reflected in a lot of other metrics, too you saw this reflected in a lot of other metrics, too. We still dont have a proposal on the table. Saw the breakevens rally off the march lows. And indication of not only fiscal stimulus, but a strong econom
The model 5 new as elon musk does a huge stock split, five to one. And when does 20 equal 80 . It is your morning riddle. It has to do with bonds and yields were going to show it to you coming up in your rbi on this wednesday, august 12th and this is Worldwide Exchange right here on cnbc. Well, good morning, good afternoon, good evening and welcome from wherever in the world you are watching im Brian Sullivan the rbi is really interesting today. It maybe, just maybe shows you how price sensitive allamerican borrowers really are thats coming up well get that a bit later on in the show right now lets get to the market futures are back on the rebound. Up another 250 deja vu all over again thats where we were yesterday higher across the board. Today many technicians might say an important day because we had that huge reversal in the final hour of trading. The s p 500 which at one point was within half a percentage point of the interday alltime high closing lower Major Technology leading th
Are so wide in disparity. Are bravehose who enough for dumb enough to time this market, we have not seen back to back gains since february 12. We have had this seesaw where we have this string of declines, then this rally, that it resumes the decline. Scarlet i am taking a look at the scope of the moves. When he 3 . Almost a quarter of the members, 10 today. That sounds like a lot but yesterday, on a day in which the s p declined 11 , two thirds of its members. Not even close to what we had seen yesterday. The big movers are really in the defensive set ears. People ares if saying risk on and romaine we are talking about the mechanisms of the market here. Joe the nasdaq up over 7 . Some talk about some of these Tech Companies being popular because they are kind of the new staples. A lot of them have really good Balance Sheets. Even a company like apple, which is exposed to so many risks, something to watch. Havene so many analysts the idea that you have this sort of work from home affec
It is 1 00 in new york, 6 00 in london, 2 00 a. M. In hong kong. Im shery ahn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world that we are following. Two more trading days in what has been a blockbuster here for equities. While the euphoria last into the new decade . China takes another step to liberalizing its financial system, ordering lenders to adopt a new pricing regime. It is still early days in goldmans push to bank middlemarket companies but it is making progress in one count. Rating talent from rivals. Whats get a check on the market with kailey leinz. We are almost done with 2019. Kailey two trading days left. We are a little bit softer, invt easy. Right now, the s p is lower by. 3 , as is the dow and nasdaq, all of this on lighter volume. Even as stocks are lower, so our bonds. The 10year yield looking at 1. 9 . That is leading to a bear steepener money look at the spreads between lon
Almost two weeks. Youre following through on that rally today, up 0. 6 . Eurodollar around key support levels. It is a broadly stronger dollar story. The bond market obviously in focus. No doubt we are going to talk about that terrible, no good, seven year bond option. I wonder, is that a threshold . Or was that just a fluke . David or was it late august . Globalime now for exchange, where we bring you todays market moving news from all around the world. Joining us in london is tony ahrens, on the phone from hong and on theen leigh, phone from when is a race from buenos aires is caroling a milan is carolina milan. Three activists in hong kong were arrested by police head of a rally. Karen leigh joins us with the latest. Karen Hong Kong Police arresting a number of prominent Hong Kong Police arresting a number of prominent speakers, including warning protesters that they could share that same space at illegal demonstrations this weekend. These are really raising tensions ahead of a 13th