Already two weeks into 2017. Greek stocks low. Touch and go whether the stoxx 600 will finish the week higher. If it does, it is the third consecutive weeks of gains. These other currencies rising against the dollar. Since 2014. Ning run technicolor, bigness the kleiner on the stoxx 600 today. Take fall for the parisbased mediatech allergy company. Its stock Market Outlook ahead of results on lost 1 523 to shares of their value. A massive decline, sending shares to the lowest level since 2014. This is a company that Offices Services like content management, animation, and game developer. And it worked on all of the films in the harry potter series. We love this chart. Foried volatility sterlingdollar, rising the highest since november 2, 2016. This is an outlook for volatility. Nowhere near the levels after brexit. What investors are worried about big speech,ays laying out her vision for brexit, a vision for creating a Global Britain on tuesday. When she had her big policy speeches in
Giant. Plus, courtroom grilling the Trump Administration defending its use of executive power and the travel ban before a federal Appeals Court. Social medias in focus. Facebook and twitter getting some upgrades ahead of earnings tomorrow. First up though, a bunch of earnings to get to, time warner a beat on both the top and bottom line. Alaska air also beating the street announcing an increase in the Quarterly Dividend ahead of the meeting with airline ceos at the white house tomorrow. Big report focused on is disney, revenue falls short of consensus, rising costs as we said, declining viewership at espn weighing on the results. Here is bob iger last night talking to our Julia Boorstin. I think theres way too much pessimism about espn because espn is still in demand from three constituents you want to be in demand the most from, one, distributors, two, consumers, and three, advertisers. And the reason its in demand is the brand is still strong, the product is still good. Weve invested
Stocks, the dow with the eightday win streak but futures point to a lower open as investors await fed minutes. Plus carl icahn stepping up bristolmyers, the activist takes a stake in that company. Is it headed for the Auction Block . And the new face of the s. E. C. Promising deregulation and increased competition, fcc chairman ajit pai is going to join us live in just a few moments. First up though, the watch is onto see if there are more historic moves ahead for stocks today. The dows coming off an eight Straight Record close after hitting their own alltime highs. The s p and nasdaq each hosting gains in nine of the past ten sessions. As we said earlier the s p up more than 10. 5 since the election. A lot of discussion about shillers p e ratio, jim, investors paying more for a dollar of earnings now than they did at any point leading up to the crisis. I struggle on that. I was on the walmart call and home depot call, there are some dow stocks and these quarters are so much better tha
Forident opens the door elections in 60 days. They favor a softer approach with north Korean Leader kim jongil and kim jongun. And the creation of a Missile System that china opposes. Powered by more than 2600 and analyst in over 120 countries. Im mark crumpton, this is bloomberg. Julie live from bloomberg World Headquarters in new york. Joe we 30 minutes close of trading in the u. S. Julie gold on its longest losing streak and five months. Joseph colon the question is, what you miss joe the question is, whatd you miss . Julie we break Labor Force Participation and wage growth. We look at what to expect from the fed over the next year. And Top Republican senators suggest the august deadline for a tax plan may be. Debate overow the repealing obamacare is putting constraints on the yes on addressing taxes. Now lets look at where the major averages stand as we head towards the close. Abigail doolittle is handing by. Abigail we are looking at modest gains for the major averages. In the dow
The next Supreme Court justice. The senators do not vote to in the filibuster, the socalled Nuclear Option could be on the table within minutes. Lets have a look at where european equities are trading right now. Just under 30 minutes to the close. We see a little bit of a 600 weaker the stoxx at the opening following u. S. Session and some of the losses that we saw yesterday after the fed minutes and also House Speaker paul ryans commons on tax reforms. Were seeing gains. France is up. A little bit of weakness on the ftse 100. A little more quiet, sterling of just 1 10 of a percent. Euro unchanged. We did see it weaken initially on Mario Draghis comments. Sing a little bit of a mixed picture in the fixed income space. Brent crude up. Some weakness coming in to some of the metals on the london metal exchange. Zinc for example. I want to show you the distribution of Industry Groups on the stoxx 600, looking at the imap function. We are up slightly. Still, at least recouping the losses fr