False sense of security. Youll hear it even if youre a sedate daytime today where the dow gained 69 points s p climbed to an alltime high, i should add getting bored by those, and the nasdaq advanced by 2. 2 . Heres my question what exactly are we too bullish about . Are there individual stocks, sectors, that have gone crazy . You know what, i always like to break things down. Lets take them one by one as opposed to making a sweeping judgment are we really being irrational with the banks, large sector in the market after last weeks run, tough to tell when you see major dividend and buyback boosts after, of course, the federal government review, they have good reason tore positive how can you feel the same way about the stock of Goldman Sachs when the company just increased by nearly 50 and rolled out a 7 billion buyback hey, thats more than 9 of the shares outstanding in the end, it got better off the crash test results and even here, i cant say theres that much enthusiasm these stocks
Much more. Daniel your in will join us and find out where he things oil is headed. Alex hill is here and that means one thing. Oil and copper. Down by a 10, the underperformance on the dax in frankfurt down by almost 138 points. The losses in asia as well, with shanghai having its biggest drop. To the bond market, yields on treasuries grind low on. 60 . 62 . Ono sterling approaching that particular pair. We will be over those for you. Lets get you up to speed on the top stories and check in with the Bloomberg Team. Is on the markets. Megan murphy in washington on the latest reaction from clinton and trump on the worst mass shooting in u. S. History. With begin with brexit growing anxiety over the u. K. Exiting the european union. Anna edwards is live. Lead in one poll for leave and it is looking to close to call. 10 days to go until we get to the Eu Referendum in the u. K. The pound is under pressure. En and gold surging the pound down against the yen and the dollar. By the most in nea
Afternoon, the outgoing chair now of the Democratic National committee will not gavel in the convention, which is expected to begin an hour from now. This amid the fallout from wikileaks release of thousands of Democratic National committee emails showing officials favoring Hillary Clinton over Bernie Sanders. Prosanders protesters are already out in full force in philadelphia. Well take you there live for the latest developments. Meantime, weve had strategists come on this program and say that the tech sector looks inexpensive right now. But looks can be deceiving. And were going to tell you which single stock is making the entire sector look cheap. Well give you three guesses. Youll probably get it on the second one. Weve also got earnings coming up, from gilead, Las Vegas Sands, express scripts, and Texas Instruments. Well tell you what to expect from those reports after the bell. Yeah, we have just an absolute deluge of earnings coming out this week. Its going to be a very, very bu