The s p also down. 1 . All oil at session highs, energies leading the gains. The nasdaq is down. 4 . At the lowest level in more than a week. Take a look at some of the currency trades happening. Major markets are still shot, so we are seeing some position adjustments. Not much moves in the dollar, after two weeks of decline. Some growing optimism about the strength of the u. S. Economy after that tax bill. The japanese yen strengthening a little bit but around that sixweek low against the dollar. The boj cap its loose Monetary Policy stance last week. When it comes to treasury yields, 2. 46. The 2 10 spread is now there are for a fourth straight session. That is a look at the market. President donald trump signing the gop tax overhaul bill last week. Congress also signing a budget deal to avoid a shutdown before going on its holiday recess. So what is next on the agenda, what could it mean for the markets . Joining us to discuss from los kumar strategies and founder, komal srikumar. T
Authorities have opened a judicial probe in a tainted baby milk scandal that caused a recall of several million products over fears of potential salmonella contamination. Health authorities have said 31 contractedoss france salmonella in recent months after consuming baby milk. None died, though 16 were hospitalized. The recalls affected 30 countries. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am the bill ackman. The i am nabila ahmed. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, i am scarlet fu. Joe i am joe weisenthal. Julia chatterley is off today. Scarlet we are 30 and its away from the close of trading in the u. S. And stocks are modestly lower. Oil surging to its highest in a yearandahalf. Joe the question is what did you miss . Scarlet bitcoin rallies past 15,000 as traders of the Digital Currency look to draw a line under the recent slump. Apple having a not so merry christmas, w
P. M. Eastern time. Tenyear yield still a shade below 3 . Germany, italy, switzerland all closed today. London did just wrap up an early close with a 14 gain for the year. Stocks are set to open up high again today. Streaming video getting a little bit cheaper. Will it be a hit . Netflix working on a lower price plan that only lets you watch on one screen at a time. And the surge in home prices continue. Prices in october did jump over 13 yearonyear. Thats the highest gain since february 06. Robert shiller is here to tell us exactly what we need to know. The dow up nearly 26 , s p up 9, the nasdaq 38 this year. The dow is on pace for its best year since 96, s p the best since 97. All the coverage is trying to take stock of what went right . Or is it fewer things going wrong . David kelly in usa today saying it was the downsizing of fear that allowed money to come back in the market. Its interesting when you talk about that downsizing, we have not seen the broader participation of the r
The world’s most valuable private fintech wants to expand in Australia with local banking partnerships to push its SME SaaS offering into loans and accounts.
MUMBAI: A boom in technology initial public offerings (IPOs) in India risks grinding to a halt after several of the country’s highest-profile startups tanked soon after listing.