Oliver. Indeed we do, a bit of a risk on day at this point. The dow reversing a small loss after the eyes and manufacturing number for the month of april came in slightly disappointing, but now higher, joining the s p 500 at session highs. More than half a percent, putting another intraday record high on pace for another record close. Keeps going in a bullish direction. Lets look at the stock driving the records for the nasdaq. Apple, amazon, and facebook. Apple and facebook are posting intraday record highs. Amazon on pace for record apple does report tomorrow after the bell and investors are looking for 2. 02 on 50 trivalley dollars in revenue but it represents more than 5 yearoveryear Revenue Growth and earnings growth. In addition, it is expected that apple is likely to announce a cash for more than 250 billion. Recode is saying that investors are hoping it translates into higher dividends. Amazon is seeing a tailwind from the big week and the strong firstquarter report. Shares are
Federal Appeals Court ruling upholding californias 2012 first of its kind law. The measure prohibits a form of counseling known as conversion therapy. The Trump Administration is preparing to roll back some nutrition standards for federally subsidized school meals. As his first major action in office, Agriculture Sector secretary sonny purdue is planning to announce the changes today. School nutrition directors have said many of the standards are unworkable, and argued for changes to whole grain and sodium requirements, in particular, saying its hard to make foods that are high enough in whole grains and low enough in sodium that kids will eat. There has been another highprofile departure from fox news. Copresident bill shine is said to have resigned as a network struggles through a scandal over the way it handled Sexual Harassment against top executives. Shine hasnt been publicly accused of harassment. Global news 24 hours a day, powered by more than 2600 journalists and analysts in m
Replacement bill. He says there could be a vote this week all the provisions of the bill are not clear. Global news 24 hours a day powered by more than 2600 journalists and analysts. I am Alisa Parenti and this is bloomberg. Caroline i am caroline hyde. This is Bloomberg Technology. Coming up, a big week for big tech. Facebook and apple taking center stage on earnings. We will break down all you need to watch for. The Tech Software startups vaulting to uniform status and breathing new life into old data. Tech stocks drive the nasdaq to another record close. To a c. E. O. Eaks it was another banner day for u. S. Tech stocks. The nasdaq again closing at a record high. Abigail doolittle has been all over it for us live from new york. Break it down because i am losing count which stocks are at record highs. It is amazing. We are seeing a bullish run for the nasdaq putting in another set of records today. Closing at a record high with lots of stocks behind it. What also stands out about the
Im michelle carusocabrera. We have a new trading month under way. Its been a narrow mixed session and then some volatility here in the last few minutes because of what President Trump said. Nasdaq outperforming the dow and the s p 500 again hitting another record interday high. Speaking of highs, check out these names. Price line trading at an alltime high back to its i po in march 1999. Yes, that would be an alltime high. Electronic arts alltime high in 1989. Dales force, ditto, ipo june of 2004. Ceo marc benioff will join jim from San Francisco tonight on mad money. Jim cramer, of course. Melissa, check out shares of tesla up more than 3 today. So far the stock is up this year, get this, more than 50 . First, though, to dom chu with breaking news. What we are watching now is a move in the financial stocks, big bankrelated ones on the heels of bloomberg headlines saying that President Trump is weighing possibly a revival of the 1933 act, xheshgs banking operations. He told reporters i
Le pen and macron go on the offensive ahead of the election. What is at stake. Manus a meeting of minds that milken, from u. S. Treasury secretary Steve Mnuchin to citadel ceo ken griffin. We will bring you a bevy of top interviews from the conference in l. A. Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from london. Manus a very good morning to you. A raft of things to consider. One thing that the bond markets are doing just before Steve Mnuchin gets ready for a bond bank. They piled in, they added the most long positions, despite they have added the most long positions on a week on basis. This is the First Time Since july hedge funds have been alleged across the curve. The question you have to ask theres always a good reason. Economic surprises were lower, so they had all the reasons to maybe want to get along, and then bang, the new. Lets bring up the risk radar, where we are on tenyear treasury yields. That was the longerterm picture in the shot.