Little ahead of expectation. The employment number has picked up a little bit as well. But you need some real analysis on what is happening here. Theres one man to ask, mike mckee, bloombergs International Economics and policy correspondent. Michael read into it what you want. The numbers for ism do come in at a headline level lower than the last month. 56 last month, 55. 4 this month. It would suggest a be a little slowing, but that is the statistical anomaly probably. It isnt a major change. We see drops in new orders and production, but those were very healthy. For for new orders, 61 production. It is not positive. There is still some contraction, but it is up to 49. 6 from 46. 4 . It does suggest some progress in adding back some of the jobs that were lost. Customer inventories is an interesting category a lot of people has been what a lot of people have been watching. Do you need to increase manufacturing to replenish those inventories . That would suggest that you do. New export
Exchange. We are going to bring you todays market moving news from all around the world. Ndc,brussels to New York New York ndc new york and d. C. You chief negotiator michel chief negotiator Michel Barnier says negotiations were often tough. Negotiations over the past days have at times been delivered but we have , and we have delivered together. Alix anna edwards is in brussels with more. What is actually in the deal . Anna it is taking a little while to get through all the detail, but what was going to change is nothing much in the withdrawal agreement, apart from the deal with ireland. Theyve gotten rid of the backstop and put in place something else, which looks very complex, and something the dup does not support. It involves changing the way some voting happens in Northern Ireland, the amount of concession to give to the process. It seems like they are Still Holding out. Theres also the political declaration about what they want to do next. On that side, some other parties in the
Really solid quarter. Beats in equity trading. Joining me is bloombergs sonali basak. What is the bigger stand out for you . Sonali this is five straight quarters of outperformance. They are doing a good job, while also investing in digital and growth. Likeeturn on equity, i that number because we can compare across all the banks. That is a lot far behind jp morgan. But they can lean on the consumer for growth, and their Net Interest Income in light of the Interest Rate expect asians we have for the rest of the year are Holding Quite strong right expectations we have for the rest of the year are Holding Quite strong. Alix they are factoring in just two rate cuts. Sonali their outlook is going to be very important. Jp morgan premuch told everybody it is not a big deal for the end of the year. Jp morgan pretty much told everybody it is not a big deal for the end of the year. Investment banking up 27 year on year. Advisory fees were up. Debt underwriting up. Equity underwriting a little s
Dominate the market. Can us automakers pull ahead of the competition and later, a big week for artificial intelligence, nvidias to blowout earnings. We begin with our expert panel if three things investors ought to be thinking about. Onbarrons roundtable,s ben levisohn, jack howe and teresa rivas is. Ben, we all think last week was scary, there was a bad drop in the market on thursday, but when you looked at the end result, the s p and nasdaq was up, dow was down a little bit. Yeah. For the dow, it was a terrible week, the dow was down more than 2 , but you look at the nasdaq, it was up more than 11, and the s p 11 and the s p did absolutely nothing. And there were lots of reasons being thrown around whether it was the fed minutes, rate hike fears, but really it just come down to nvidia. The chipmaker came out with earnings, jumped Something Like almost 10 . And whether you owned nvidia or not really determined whether the index went up or not. Nasdaq owns lots, s p owns a good chunk o
Dominate the market. Can us automakers pull ahead of the competition and later, a big week for artificial intelligence, nvidias to blowout earnings. We begin with our expert panel if three things investors ought to be thinking about. Onbarrons roundtable,s ben levisohn, jack howe and teresa rivas is. Ben, we all think last week was scary, there was a bad drop in the market on thursday, but when you looked at the end result, the s p and nasdaq was up, dow was down a little bit. Yeah. For the dow, it was a terrible week, the dow was down more than 2 , but you look at the nasdaq, it was up more than 11, and the s p 11 and the s p did absolutely nothing. And there were lots of reasons being thrown around whether it was the fed minutes, rate hike fears, but really it just come down to nvidia. The chipmaker came out with earnings, jumped Something Like almost 10 . And whether you owned nvidia or not really determined whether the index went up or not. Nasdaq owns lots, s p owns a good chunk o