Im seema mody in for sara eisen. It is Throwback Thursday we are throwing it back with the clash i fought the law. In honor of martin shkreli, perhaps. I think so. I have a feeling later in the show, given l. A. Being awarded the olympics, well go back to california themed songs. Lets check in on markets. Slight gains yesterday it is a ha behas been a decent k five positive sessions out of six for the dow. We had a good start to the week. Its managed to hold on to that. Yesterdays gains were not particularly pronounced. Today we are called lower only fractionally in the premarket. Down a point or so for the dow tenyear treasury note, back above 2. 2 very briefly closing just below it thats where we remain at moment, 2. 194 given that last week, we touched 2. 05, its been a marked increase in yields with that we have had an increase in the u. S. Dollar as well now to asia, we did get a barrage of data from china mostly the data came in weaker than expected. Fixed asset investment, facto
Up too far too fast. The stocks are over value and due for a full usually forgetting something something big. Theyre forgetting the power of take overs when one company buys another it can create so much value that you want to slap yourself in the face then theres the pin action. Whenever you get a deal tends to boast the value of all stocks in the same sector which drives up the market dow gaining 17 points. S p up and nasdaq point up. 01 . When has borrow made overtures to mattel mattel stock surged over 20 more important, has bro, potential acquire, its stock jumped 6 because the synergy will be so thats not supposed to happen though. When youre about digital merging, normally stock goes down weve seen a lot of deals like this one where both stocks go up it makes sense that this has mat conversation theres the man, god i look younger from. Jay way, this anyway this has matt corporation i kind of like that suit has bros take advantage and reaching toys r us bankruptcy. Broadcom decid
Significant action in the Northeast Corner of florida but it will continue to shift northward towards the van, georgia and charleston. Bands of heavy rain, very powerful winds and significant storm surge all along that track. These of the hurricane warnings from south of jacksonville all the way up to the North Carolina coast line. So the Hurricane Force winds or costs rushing the coast line up through georgia and South Carolina, possibly just about and shifting eastward and weakening later in the weekend. 110 mile per hour category two storm. There will be slow weakening but very slow. Then the rainfall. It looks like 10 ages plus and parts of the same area that got significant storm surge and damaging winds. A triple whammy. We will let you know more about this and our weekend weather coming up. Ben while matthew continues working up the u. S. Coast. Two deaths and florida being blamed on the hurricane tonight. Nichole berlie is live in the newsroom with a look at more of the damage
That put the pats on top 237. Brady and bennett, not done. Third quarter, then it out bennett out, gone from 37 yards out, just gets it over the pylon to read brady finishes 25 over 40, three touchdown passes. Ed harding had a front row seat for the return of brady and he joins us nowiv. Ed . Ed it was natural, it was normal, it was very much tom brady. They looks like the new England Patriots we have seen for the last 15, 16 years. Brady commonly, efficiently carved up the cleveland browns. Lets show you the highlights. Lynchie, you mentioned the runs after the catch. And then the execution and on top of it, they had the points and quite honestly, they probably left 10 or 14 points out there. They could not convert. But it mustve been rough. Right, tom brady . I could do better in a lot of areas. I think it was a good win today. But it was one game andt have a long road ahead, so we will keep building. Ed it is one game. The team was shut out a week ago against the buffalo bills. They
From there in london. The markets appeared to be settling down and we are joined by outstanding guests today. Led by bill gates. He would join us to talk about biotech and drug pricing. Alix cromwell we be joining us more regulatory hurdles facing the banks. But first, we have a slight rally on the table for today. Jonathan features are firming up about. 2 and the ftse is an positive territory and raising all of the post brexit gains. He dax is up as well i want to talk about what is happening in other asset classes. Boris johnson does not run and cable jumps, the pound a stronger marginally. We will discuss why. 1. 52 . Unchanged at we are heading for the strongest quarter for crude since 2009. To wrap up all of the stories, lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories. Anna redwood is in london on the race to succeed Prime Minister cameron. Julie hyman in new york on the last day of the Second Quarter. Lets begin right here in