Therapeutics, the whole thing. Europe is down 5, oil below 25, that will take you back to 2002. So, yesterdays gains are obviously in jeopardy, since february 24th, the first big day of the virus selloff, the average daily move of the s p, up or down, 4. 9 jim, dont need to tell that you is unprecedented the market is trying to figure out how to deal with these Uncertain Times when you have Financial Health on the line and, of course, what we were talking about with separation, actual health. Its not processing it very well in part because the liquidity is not there, but also because weather in a highly emotional moment yesterday it looked like the market was up. The indices lie. What was really up were things like hormel. When we put shutters across the country, one of the first things to do was put in spam. Yesterday it was chef boyardee the wrong stocks are going up. The companies we invoked during thermonuclear war time that is what was up in the index, that and drug stocks a halfh
Under 27,000 and christmas in july, were already now a couple of hours into amazons annual prime day or days. The key take aways that you need to be watching on this monday, july 15th, as Worldwide Exchange begins right now the boys are back in town i said the boys are back in town good morning, good afternoon, good evening, and welcome. I am brian sullivan, and it is nice to be back with you, especially since it looks like more record highs for stocks today. Futures are not up a lot, 23 points on the dow, they are in the green nonetheless, all the major average are coming off record highs the s p 500 trying for its 11th record close of 2019 the bond market, though, i mean, its reacting a little bit yields have backed up a bit, but not much around the world right now, a similar trend that we are seeing in the european markets were seeing mostly green on the screen, not a lot. Slight gains here, france down well call it flat asia, japan is closed today. Dont look for a nikkei trade. Rea
At the open. S p looking to be up by 1 point, the nasdaq off by 1 1 4 points overnight in asia, japan was closed for a public holiday. No trading or the nikkei most of asia was digesting Economic Data out of china the Second Quarter Economic Growth gdp slowing to 6. 2 , also coming off 6. 4 in the first quarter. Thats the weakest pace in 27 years. Industrial output, retail sales data also fixed Asset Investments were all above forecast chinese shares were down before the data was released. Then they turned positive. Overnight in europe, we are looking at i thought we were going to follow asias lead, pretty much flat across the board. The dakotas is off by 4 100 of a percent. The treasury yield market, the twoyear note 1. 845 . Just mention on the china data that markets responded better to the data for the first portion of trading in asia and europe and weve just sold off a little bit in the last few hours. As you pointed out that was just for june. Gdp for all three months it did see
Argos delivers fo sainsburys as the uk retailer reports like for like sales ahead of forecasts, while cost cutting improves its bottom line good morning happy Independence Day to those celebrating it today volumes will be lower across europe as a result of that lets look at the ftse 100, off by 0. 3 . The cac 40 off by 0. 2. The xetra daxtrending lower. Oil prices reversing recent gains. Weve seen eight days of gains lets show you the sectors one by one autos, insurance and banks higher technology, telecoms a touch lower. I wanted to come back to some big stories. German generic drug company stada is trading higher as bain capital and cinven may seek approval from regulators to submit a revised bid to the group. And now lets talk about clariant a group of shareholders urged others to rejected the proposed merger with huntsman corvex says the deal wont unlock value and we saw some big moves in the u. S. Dollar yesterday and the u. S. Twoyear yields they closed at the highest level since
Sake, he denied it. [ laughter ] this week is shark week on the discovery channel, as well as on cnn. [ laughter ] President Trump has appointed Anthony Scaramucci as the new communications director. Scaramucci. That sounds like what you would call that guy if you couldnt remember his name. [ laughter ] hey, give me that new guy you know, the scaramucci with the hair [ laughter ] according to reports, President Trump is so unhappy with attorney general Jeff Sessions that he is considering replacing him with former new york city mayor rudy giuliani. Damn. Thats like being so unhappy with your wife, that youre considering replacing her with rudy giuliani. [ laughter ] President Trumps soninlaw and senior adviser, jared kushner, testified in front of senate today about a 2016 meeting with a russian lawyer who promsied damaging information on Hillary Clinton. But kushner told them he already knew about that ellen video. [ laughter ] seth we have video will bring down ms. Clinton. [ light l