Pull off a coup are on defense trying to explain why they needed to fire former speaker Kevin Mccarthy, and why throwing the house, into chaos is a good thing, congressman by many burchett saying came to mccarthy taking too many days off leading up to government funding deadline. Take off august but decided to take over two more weeks, i feel that is a failure of leadership they are the ones set scheduled speaker, not where buck stops somewhere diverting attention somewhere else i think wrong. Where why are you smarter than jim jordan, 210 plus republicans why are you smarter . I represent my district, brother, why are you splatter than me you are condemning me because i stand up on my own that is what i do. I am telling you out for blood after gates pulled off motion to vacating from former speaker Newt Gingrich saying gates should be be expelled. Why think better to beat two solid conservative continuing resolutions you know why matt gaetz hates Kevin Mccarthy. Was determined to find
Yesterday stocks had steady gains throughout the day the s p 500 snapped a threeday losing streak and the dow was up for the first time in three sessions overnight in asia, nikkei was up by 1. 4 . Hang seng positive, up by 1. 2 shanghai composite up by a half percentage point breaking news out of europe. Uk reached a brexit deal with the European Union willem marx has more on that story. Good morning good morning. This is good news for theresa may, the british prime minister, she can go back to london from brussels and present her cabinet and the country with evidence shes managed to get the conversation moved on to truck being britains future trading relationship with the European Union, a major factor driving that brexit vote last year in terms of the european side, theyre happy that some concerns have been addressed, specifically over the irish border neither side wanted to see a hard border between Northern Ireland and the republic of ireland. Leo varadkar, the irish prime minister
Disney and merck are your dow leaders. We could get a deal this week for disney to buy much of foxs movies and tv assets a good day for some energy names like chesapeake, newfield and haliburton u. S. Employers posted fewer job openings nearly six million jobs were available and total hires rose 4. 4 prz. Brook Field Properties 14. 8 billion offer. Brookfield is considering a new offer. Ge announcing its Power Division will reduce count by 12,000 we begin this hour with bitcoin moving higher today after this weekends roll out of futures trading. Bob joining us with more important thing is its finally trading. Take a look at where the coin is right now. 17,000 area. The important thing weve got it out. This is the futures contract were talking about. Opening 15,000 its trading at a premium to the underlying cash. Not a lot of people are allowing it lets review what a futures contract is. What do we do when we get a futures contract its an agreement to buy or sell a commodity or financia
Im seema mody in for sara eisen. Good morning. The big story that has everyone buzzing, alabamas dramatic overtile win ovove overtime win in georgia. More on that story coming up but congratulations to them. Commiserations to the losing side first, lets get back to the market picture we did have plenty of record highs intraday yesterday but not all record closes. The dow did close slightly lower for the day. The s p and the nasdaq were slightly higher. The nasdaq led the charge, up 0. 3 gains were slight but they were broad, 9 out of 11 s p sectors were higher. Utilities were the best performing of them and that highlights the boring fle ing n the outperformance tenyear treasury note for you, yields rose yesterday as they were towards the end of last week we have crossed 2. 5 the elusive barrier out of the 2. 4s 2. 5 bangon this morning the shorter end of the curve has been rising fast yields up which supported the dollar but the shorter end leading the charge higher. In asia, mostly p
Says the syrian leader will cling to power at almost any cost possible. Theegyptian president has support of most of his countrys lawmakers. More than 500 of egypts 596 legislators have signed recommendations supporting a reelection bid by president lcc. Alsisi is expected to run in the march elections and when a second fouryear term. In Southern California risky crews are searching for survivors from devastating mudslides this week. At least 70 people have been killed and another reader still missing in an exclusive area near santa barbara. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york. Im scarlet fu. Joe im joe weisenthal. Julie chatterleys operative. Scarlet we are 30 minutes from the close of trading. Scott stocks resume rallies. Joe the question is, whatd you miss . Scarlet the white house the white house pushes taxes back into th