If you look at the past 12 months, historically it has averaged 19. 86. Elevated when you consider where we came from on friday. Joe two days in a row, a real selloff, not massive. All 10 s p sectors in the red today. Biggest loser, the material stocks down over 1 . Selloffs in asia and europe as well. There was not a lack of news out there for people to trade on. Of course the moment we woke up today the big thing out there was this microsoft linkedin deal. It should come as no supplies to either of you that the stock with the highest volume today was microsoft. You felt as much as 5 today. Since its biggest losses 2011. Linkedin surging as much percent. A stones throw away from that bad share of number that microsoft is paying for linkedin. Joe absolutely. Fresh low yields in the bond market as we always do at this time of day. To 10 year yield dropping 1. 6 one. Not a huge move, but still a little bit lower on the day. The fresh record low in the u. K. 10 year. A chart were looking
This is the first declined so far this week. Six of 10 major indices were lower, financials and cyclical groups were the worst. We started lower and did not close in the green, but finishing well off the lows to continue this trend of a bid supporting the markets. Alix materials and banks were the two were sectors. Take a look at what happened to them today. It was a brutal morning, near a 10 month high, kicked down, and claude back to neutral. Back to neutral. You had that great treasury rally that put pressure on financials. Joe you are never going to onieve this, but yields Government Debt are lower once again today. There is the 10 year yield. Every day. This is my favorite part of the day when i announced the new lower yields. Falling below 1. 7 for 10 year yields today. Grinding lower there. Same in the u. K. , brandnew low there. , but we can get more of them tomorrow. Scarlet take a look at the dollar recovering, but not against the kiwi. The kiwi the strongest in a year , so w
Hand hands and twilio is trading higher, and making it the biggest gain of the year, and a lot more that the u. S. Tech in the past 12 months, and meanwhile, a first on cnbc interview with the companys ceo jeff lawson coming up later on in the hour. The top story, the voters in the uk are heading to the polls to decide if the country should stay or leave the european union, and the outcome is expected to have far reaching consequences in the Financial Markets overseas and at home. Over to kayla standing by with the latest. Kayla. Carl, we are more than halfway through the polling day here in the uk, and of course, many of the undecided voters will depend on the turnout of this evening in this weather, but the financial industryre in the financial district here in london is dealing with the day of heavy volume on the trading side, and they are bracing for the impact of what happens when those results come in overnight as sarah mentioned, and coming in 12 30 a. M. , and 1 00 a. M. Here i
Today, the Supreme Court validated that very core essential fundamental principle. The president vowed to make it an Election Year issue. Were going to have to decide whether were people who accept the cruelty of ripping children fracture their parents arms or whether we actually value families and keep them together for the sake of all of our communities. While his executive order has been defeated, the president will still try to offer his protection. What the president reaffirmed is theres still prioritization. They said their priority was terrorists, people with criminal convictions, people who just crossed the border, but not law abiding americans who work hard, who have family members who they support. Addressing the American People today, the president reiterated the only reason the Supreme Court was deadlocked was because the senate refuses to consider his nominee, merrick garland. Reporting outside of the Supreme Court, abc news. As we mentioned, an estimated 5 million undocum
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