Credit suisse. Mark barton in london with your data check. Mark looks as if the fiveday winning run is sputtering or stuttering. Choose your word. Down by 0. 1 today. The stoxx 600 boosted by results of the firstround of the french president ial election on sunday. The optimism is among investors that Emmanuel Macron will emerge victorious. Eurodollar, weve been as high as the november high yesterday, just crossing 1. 09. The recent rally also spluttering, stuttering, or spluttering. German 10 year yield was at a end of march high yesterday. Yields creeping up in germany and across europe. Towardsd a propensity riskier assets this week in the wake of the French Election. Nymex crude, big stockpile data today. Down by 0. 3 . 49. 39, francine. Francine stockpiles really in the last couple months have been able to change. Now, mark, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra donald trump is set to propose a 10 tax on more than 2. 6 trillion in earnings th
And im melissa lee coming to you live from the emerge conference here in miami it is the tech event of the americas with us on the today ai social media navigating the tech world right now cofounder weighs in move over Silicon Valley and alley for that matter. Why miami may be becoming the next hightech zone. Welcome im becky quick. Lets take a look at how markets are trading now. Green arrows with the dow hitting an alltime interday high the dow up 82 points s p up by ten points the nasdaq up by about 40 points by the way, nasdaq is up for the first time in just three sessions after some rough days apple, netflix, amazon and facebook are all trading higher and materials are the second best performers today led by cf industries, Martin Marietta and sherwin willia williams ron barron striking an optimistic tone this morning about markets and the economy. With lower are Interest Rates than we think and Lower Oil Prices than we think, we think the economy will grow much faster than it wou
Republican party as they head on out. Katrina, golly. Obviously we know the Republican Party is a party of ideas and a lot of different factions. This is something of a letdown, isnt it . Yes. Although you have many republicans who feel that this particular bill isnt the way to go, they made promises. And now its time to deliver. Charles your organization got some of the blame. Putting out the negative ad against one of the holdouts. Do you feel responsible for making this thing worse, your organization . Not at all. The on reason why we ran that ad is unlike the other senators opposed to the current bill in it form, he didnt have any alternatives and simply walked away from the table. This is the opportunity for senators who dont like this bill to work with leadership to make it better. Charles the entire party was able to rally against this. Someone has to fall on their ideological sword here. The conventional wisdom is something will be done. There is no stopping the collapse of oba
Decent day. The dow is on pace for its best day since april 25, being helped , plus Manufacturing Index energy and the banks. The nasdaq down nearly. 2 . Thereason it matters is on open the nasdaq had been up about. 6 . Dipping declining and down as much as. 4 at the lows. Now lower. A continuation of the tech selloff we saw in june. Still not well explained by investors. Some had been saying it could be profit taking at the end of the last quarter. The quarter is over and we are still seeing big losses, all down in a big way. You have earnings season ahead. Last week, analysts told our team nothing fundamental has changed. What does seem to be having is a sector rotation out of tech. It is important to watch whether this is a trend shift. This is the s p 500 and the nasdaq in white. Out of the election, we see a beautiful uptrend for both. On june 9, that was the last time the nasdaq hit an alltime high. The last time the s p 500 hit alltime high, june 19. The nasdaq had its first dow
Decent day. The dow is on pace for its best day since april 25, being helped , plus Manufacturing Index energy and the banks. The nasdaq down nearly. 2 . Thereason it matters is on open the nasdaq had been up about. 6 . Dipping declining and down as much as. 4 at the lows. Now lower. A continuation of the tech selloff we saw in june. Still not well explained by investors. Some had been saying it could be profit taking at the end of the last quarter. The quarter is over and we are still seeing big losses, all down in a big way. You have earnings season ahead. Last week, analysts told our team nothing fundamental has changed. What does seem to be having is a sector rotation out of tech. It is important to watch whether this is a trend shift. This is the s p 500 and the nasdaq in white. Out of the election, we see a beautiful uptrend for both. On june 9, that was the last time the nasdaq hit an alltime high. The last time the s p 500 hit alltime high, june 19. The nasdaq had its first dow