Dont let that fool you. It has been a great year for the stock market. Some of the best gains since 2013. Lets dive into individual movers. When we talk about the year, it was the year of ipos. I want to break down the best and the worst ipos for you. We will start with the winner, roku. Up 273 . It opened for this year price of 14. We are now at 38 a share. Quite a big gain. What was not a good ipo was blue apron. Off about 59 this year. It ipod on june 28 at 10 a share. Now at around five dollars a share. That is where we are in terms of ipos. There are some individual movers today, some winners and some losers. I will focus on the losers. One of them is apple. Thats why the nasdaq is the worst performer of the major averages. Apple is off about one half of 1 . They apologized to customers. We saw this headlines this morning for changing software that reduced the performance of older iphones. Apple said it did not intentionally made to shorten the life of those, so it is offering bat
Abigail a bit of a decline. The worst day in more than two weeks as geopolitical decisions that julie was talking about is rattling investors to some degree as we see the decline for the small cap is lower now. Unlike what will seem more feeling, investors are uncertain about what is happening with north korea. This is intraday chart in the bloomberg, a sixday chart. Last week, we had a north korea missile fly over japan and the dow have fallen but today on that day, it turned even and we see it had been climbing higher through the week. Thoseors are looking past geopolitical decisions but we see the big drop for the dow on pace for the worst a day since the middle of august. David over and mainstay capital who has been good in terms of bullish and saying the market is able to look past the broader concerns, he things based on the north korean tensions along with the fact that the durable good numbers was disappointing, it could be a chaotic week for stocks. We are seeing that, but you
He called it the longest five minutes of his life. A warning from brexit secretary davis, who says there could be a chaotic departure from the union. Rejectsjust accusations the government launched a power grab with a bill that seeks to enshrine the eu law into legislation. The United Nations Security Council is scheduled to vote today on a new water down sanctions resolution against north korea, eliminating u. S. Demands to ban all oil imports to the country and Freeze International assets of the government and kim jongun. The version on the table is strong. It is a very significant set of additional sanctions on imports into north korea. And other measures as well. It was agreed to yesterday after final negotiations between the u. S. And china, north koreas ally and main trading partner. Global news 24 hours a day, powered by more than 2,700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Julia live from bloombergs World Headquarters in new york.
Present trump threatens to destroy north korea. Rocket man is on a mission to destroy himself and his regime. The United States is ready, willing, and able, but hopefully this will not be necessary. Vonnie here to talk more about these unusually stark pronunciations is Kevin Cirilli. He is in washington. Here in the studios is bill ferry. I have to start with you because we have heard this before with the fire and fury rhetoric that we heard. And not provoke as much as we might thought it would have. What is the difference . The u. N. Ally you go to and thats a body that was created for countries to work together. Some of the rhetoric we heard from President Trump was unusual in the sense that he said countries can go their own way, but one exception to that clearly for trump was north korea, which said the u. S. Is capable of wiping off the planet or destroye destroying. That is not a message frequently heard from a u. S. Leader. Vonnie he said this is hopefully not something necessar
Erence in seoul. He struck a different tone from previous fiery rhetoric on north korea. Andring in Kevin Cirilli bloombergs chief content officer. Marty, when we say he struck a different tone, he wants north korea back on the negotiating table, but declined to comment on whether he wants direct talks with kim jongun. What is President Trump want . Marty it changes hourly. He famously tweeted about rex negotiationsirect with north korea being a waste of time. He is suggesting maybe it is not. Koreau. S. Ace north negotiation would be a change in policy. Many people including the chinese impressions think russians think that is the answer. David is there any realistic prospect of talks anytime soon . Marty no indication. Donald trump shows up in china tomorrow. There are no Public Events on the schedule. Those talks are critical if he wants to make progress on north korea. Shery the carrot has been bageled for decades regarding Foreign Policy dangled for decades regarding Foreign Polic