Down day in a row. Lets look at the chart we have been watching. Below its 100 day moving average. Moving had 200 day average and blue. Tendency to drop back down during the volatility of last year, in the fourth quarter, well below the 200 day moving average. Low bitittle bit below the 200 day. You can also make, from another pattern, the case that the s p 500 is confirmed to drop even 2600. Possibly toward sarah ive been focusing on the financials. Today, they were once again the worst performing area of the market. All but two members of the s p Financial Sector were in the red yields lower and yield curves flattened across the board. Pularu look at xlf, a po exchangetraded fund that tracks the second, we have the sector, we have seen outflows. If you add this for last week, 2 billion. That is the worst single week outflow since 2008. Thank you so much. Malik and us is saira luke kawa. Sarah piggyback off what was just talking about is it really signaling the process of they signals
Future anding at the the longterm. Manus welcome to bloomberg daybreak europe. 2. 5e is a Share Buyback of from. Uros come in at 48 . ,bsolutely beating on margins Share Buyback for the shareholders. Net sales, 2. 2 billion. Net salesst quarter up 2. 2 billion. That is the guidance for this year. On the shares flow buyback. Of course it is about demand. Se they sink syncopated eing syncopated growth . Cfo on the board of management. , 9 billion insml net sales. Gross margin at 48 . We will have a conversation with the cfo at 7 00 a. M. That it looks like a strong story. Anna we will catch up with the cfo onthe thinking the thinking and the buyback. 0. O the asian session, down 3 on the msci asiapacific. A little bit of that confidence is taken away. Falling s p following. The u. S. Dollar did not like the way that it was sold off much on Martin Luther king day and came back with a vengeance. Is down after six days of gains. The giroux down a little bit the euro down a bit and todays se
Say this. Two things, we have our center for Youth Employment as part of the Mayors Office which my wife chairs. The idea is to over the next few years, by 2020 reach a level of 100,000 High School Students each year who are either in a summer job or an internship program. 100,000 each year, we want to start that aggressively this summer, well give you a quick deadline of may 15th. We want to start reaching toward the bigger goal we want to ask everyone whos watching. If you can create an internship or a mentorship effort, we want you to start doing that now, so we can plug in a lot of our young people this summer, and build out over the next few years, thats one second in terms of our pipeline. Were focusing on the maximum number of employees that come out of those efforts. Were constantly coming out of the training resources, we really want to push people. Thank you so much. Thank you much thanks, everyone. President Lyndon Johnson went to the u. S. Capitol on august 6th, 1965 to sig
Reporter good afternoon everyone, it is 6 pm and the sun is setting on once again another long and difficult day and all small town. We learned from the sheriff that devon kelly attended the fall festival at this church you see behind me, this time last week. It was confirmed by the pastor that he had ties and coming to Church Services here in the past. Investigators hope to wrap everything up at this location by this time trial night. But they do stress, it is far from over. This could be clearly seen as federal and state investigators scaledback their work in and around the main sanctuary. The carnage was left inside by the gunmen, devon kelly. The rifle used by him was a semi automatic it was not automatic like the one used in the las vegas shooting. They have required shell casings they have acquired shell casings from the scene. And it will be sent in to get checked. It will help us determine if that rifle was used in any other shooting. Reporter he was at odds with his former in
Have a look at where european equities are trading. Gaucher function, stocks are mixed down for third consecutive day, worst run in july. We got it today fed meeting we got a two we got a two fed meeting. Rising against the dollar. Euro, what a week it had last week finishing at its highest level since the beginning of 2015 on friday. Donna fifth of 1 today. Down the fifth of 1 . Lets talk about stock swings. This is the for frances president ial election, sending the number back to january levels. July pending to be calm for the region. They gauge of european stocks swinging, and declining in three of the last four years despite a rebound last week. Stocks from 11 lower. This is our fear index. Lets talk about earnings. Reporting 55 gain in firstquarter profit. Strong summer bookings, but did caution, this is why shares are down. The pricing will be very competitive through the remainder of the fiscal year. Overcapacity hurting shares. Theres have rose 1 in the quarter shares have ros