Note, the hang seng. The hang seng hitting the highest level since june of 2015 during that session. The picture of europe here, inflation data hit the tape moments ago. A mixed bag. Fractional losses in germany and france. Home depot just out with First Quarter results. Earnings of 1. 67 a share, coming in 5 cents above estimates. Global Comp Store Sales were up 5 , that beat the consensus of 4 . U. S. Comps were up 6 . Wae above e home depot raising the fullyear earnings forecast. Market reaction in the currencies from the Washington Post story. I to be honest with you, i didnt buy it because what were seeing across the board is that people are willing to take on a little bit of risk. Euros are turning to levels since before the french election, yen is coming off. We saw the chart. Its been a while that the dollar euro has been strong. You can do just about anything you want in the Financial News reporting, sort of and im sure we didnt make that up. Im sure the person that wrote that
Confronting todays very real and very vicious threats. Donald trump also condemns the u. S. Intelligence leaks in the Manchester Attack after uk Prime Minister theresa may raises her dissatisfaction in a brief chat at the nato meeting. Sterling hitting a twoweek low against the u. S. Tlar adollar a twomonth low after the party sees its lead reduced further in the election poll. Good morning. Glad youre with us once again on this friday morning. Its the end of the week. It is the friday before a long bank holiday. Many european markets are taking a bridge day. Volumes once again today are somewhat lower. We are seeing outperformance in the ftse 200. This has to do with the drop of sterling. This is on the back of the latest poll showing the lead of the conservatives against the stories down to just 5 . The cac 40 off by 0. 4 . Lets get back to the big story. Our headline today, that is, of course, the oil story. Oil prices continue to drop, thats having a negative impact on the oil stoc
Happy friday, welcome to power lunch. Im melissa lee. A look at the markets this hour. Its fairly quiet ahead the threeday weekend. Marginal gains for the dow which is up by three hequarters of a point. S p level. Nasdaq is up by two. All three indices up more than 1 for the week with the nasdaq leading gains. The defense stocks keep on rolling. Boeing, general dynamics, lockheed and northrop all at lifetime highs. Im courtney reagan. Here is what else is happening. The second reading of First Quarter gdp at 1. 2 despite beating estimates its the weakest reading since the First Quarter of 2016. On the economic front durable goods falling for the first time in five months dragged down by orders for transportation equipment. A new forecast from t11 to 17 named storms during this Hurricane Season that would be above normal. Courtney, welcome. Lets hope they are wrong. It is championship time. The Pittsburgh Penguins are heading to the stanley cup finals after an unbelievably dramatic game
With a look at what low oil prices from the move in oil. Lauren a new report shows that test for self driving car is not to blame for an accident that killed the driver last year. Cheryl amazon jumping on the try before you buy a bandwagon. But guess what, there is a hitch. Lauren thoroughly says. Los angeles dodgers overpower the mets ahead of the nba draft. Train to 85 01 a. M. In new york. This was a come at june 24th. Im cheryl casone. Lauren i am lauren simonetti. You are watching reporter, your first look at morning markets and breaking news. Train to breaking news this morning with a major shakeup at uber. Kalanick with the major shakeup. Lauren tracee carrascas joining us. Reporter txo yesterday came under pressure after hours of drama who felt time off wasnt enough. After millions of dollars into the company and seen the valuations swelled to 70 billion, leading the charge, wanted to pick a shareholder, a benchmark which one of its partners bill burley is on ubers board. Kalan
Him and he won it to please everybody. He is serving a 150 year sentence. The Supreme Court will issue the last opinions of its term on monday according to chief justice john roberts. The court has six argued cases awaiting decision, although it auld schedule some for schedule in october. The court could act on the travel ban and any time. Food will soon run out for south sudanese sheltering in uganda according to the United Nations refugee chief where he described disturbing shortfalls in areas like food, shelter, and education. He said that malnutrition rates among refugees are alarming and said thatfood program the pipeline in uganda will try up soon or code global news 24 hours a day from our more than 2700 journalists in more than 120 news bureaus around the world. I am mark crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, i am julia chatterley. I am scarlet fu. Joe an im joe weisenthal. Towards thestocks final close of the week. Joe but the questio