Found both flight recorders from a crashed russian airliner. They continue to look for other debris and the remains of the 71 people on board. The passenger jet crashed sunday not long after taking off in moscow. Russian investigators say it was not terrorism. Global news 20 for hours a day powered by more than 2700 journalists and analysts in 120 countries. I am mark crumpton. This is bloomberg. Vonnie it is noon in new york and 5 00 p. M. In london and 1 00 a. M. In hong kong. I am vonnie quinn. Julie and i am julie hyman in for shery ahn. Welcome to Bloomberg Markets. Vonnie from bloomberg World Headquarters in new york, hero the top stories on the bloomberg and from around the world that we are following. Quite are hanging onto substantial gains as treasury turns lower and yields higher after the worst week in two years for u. S. Equities. Rebuilding bridges, roads, airports. President donald trump releases details from his longawaited infrastructure plan, promising at least 1. 5 t
Connell it was. Thanks for having me. Maria bartiromo, welcome back to new york. Have a great day. Good morning, thanks for joining us. Happy thursday. I am maria bartiromo. Thursday, february 1. Examine the east coast. Technology taking on wall street. Apple, amazon, also that after the bell tonight. Weve got the preview. Last night we heard from facebook and microsoft after the close. A rise in profit but investors showed that the concern after the company said users are reducing the time they spent on the social media site for the first time ever. Microsoft topped expectations on news that it took a onetime tax related charge of nearly 14 million. The stocks are bouncing. The market spending the day higher. The dow in january at 6 for the overall month. Futures this morning take a look. Dow industrials at 72 points in the futures that could have pulled the dow down 40 points. The dow and s p are higher with earnings as we speak beating expectations on revenue as well as earnings. Eu
Away nearly everything weve learned about stocks over the past decade. I keep telling you, this time isnt any different which means you cant take your cue from the playbook that worked in more troubled times wanted to give up on stocks on companies that and never look back but you know what, these days that tendency will lead you astray including on this where the dow slipped four points and the nasdaq gained. 71 old habits are hard to break and the habit of baling on stock after disappointing news is no longer necessarily a money making strategy. In fact i will go as far and say it is a money loser. I am talking about the cut and run, the stock of bank of america. It failed speck tack collarly. And it would indeed crush you but that changed at your President Trump surprise victory. Of course donald trump, our booming economy is part of an expansion happening worldwide. This allows the Federal Reserve to raise interest rates. Well what happened this time around the stock blew through t
Up 14 on results this morning twitter a huge gainer this morning, well talk about its 8 pop. And then theres wynn, youve been hearing about that, a huge decline. Around noon eastern when news broke of Sexual Misconduct allegations against founder and Ceo Steve Wynn lets bring Contessa Brewer back in with some of the latest details on that. These allegations date back more than a decade and the wall street journal outlines a pattern of Sexual Misconduct by Ceo Steve Wynn the report details Sexual Assault bins manicurist who was later awards a 7. 5 million lawsuit and other forced sexual encounters with massage therapists and the like. Other sources tell cnbc that steve wynns behavior with employees was an open secret for decades in las vegas but they feared to speak out for fear of their jobs steve wynn said, the idea i assaulted any woman is preposterous then he goes on to blame his exwife, elaine wynn, for instigating the accusations. A statement from the company also blames her for t
Rishaad what a rally it has been so far in january. Lets have a look at what has been going on with china. Hong kong versus shanghai. Bringing up a chart for you. Main equities may be in the shadow. The benchmark is notching up and moving, closing at its highest level since 2015. It has been a rock and roll ride. Rough 2016. A it sparked off some panic. Eight home 2017. 20 17. A call lets not forget hong kong. Its a redhot stock market. Looking at this tends to show you what happened here with the momentum building up as we head further into the year. Perhaps more games to come . That is the big question. Haidi particularly as the market looks at the rise of china. It is a global synchronized growth story. Speeding through the earnings season. That is where we all record highs. They had so much momentum coming out of the u. S. Targets. Over 18 have beat estimates. You can see that coming through. Looking at the asian session, we are preoccupied with a few things. Apple supplies. When t