Picture coming off that selloff for the nasdaq yesterday down 1. 3 . It dipped lower in the afternoon, frankly it was pretty soft all day the dow was up half a percent. The s p was flat, but within the s p, some very big sector divergence tech, as we expected, down the most it was down 3 telecoms up 3 a big swing there. To be fair, telecoms up largely because of at ts gains yesterday coming off more positive comments from Ceo Randall Stephenson to becky quick in terms of his hopes of his side winning that ongoing dispute about whether or not to take over time warner. Tech very much the laggard yesterday. This morning the nasdaq is flat. The dow up 54 points the s p up 3. 5 points. Tenyear treasury note, we did see yields tick up yesterday the tenyear starting to inch higher but a bit closer to the 2. 4 level. 2. 38 today this morning yields pulling up a bit. In general the move over the last 48 hours has been yields picking up a bit asian equities, a soft session there. The tech sector
Anna welcome to bloomberg daybreak europe. Where in the city of london. Manus its super thursday for the bank of england. Frances number three bank with every other bank in france which is delivering its numbers. Credit agricole worst numbers, the market predicted 700 702 million euros. Delivering stable revenues in 2017. Its the mortgage fees that are helping the banks. Credit agricole saying net income quadrupled in the First Quarter. They have the italian business trying to expand. It looks like the cfo expects stability. Trading revenue rose by 17 on fixed income money. That joins the overall theme that we had. Thats the story in parts of the banking sector. Also getting numbers from union credit. Firstquarter net income 907 million euros, a above the estimate of 586. 7 million. Interesting reading from my builterg colleagues, they it as the quarter where the ceo might need to prove profitability. According to the estimates, he seems to done just that. , italystalys bank biggest ba
Dollar. We have been producing 100 in italy and we have been struggling in the past two years. So with a strong euro germany and the u. S. Warn moscow of further sanctions after nato releases images suggesting the Russian Military is supporting separatists in Eastern Ukraine. And one hour to go until we get the highly watched eurozone inflation data that could provide clues on the ecbs next policy move. We are falling again ahead of the release. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. The headline this morning coming out of tesco. Tesco trading sharply lower today. Down by 6. 6 . It was down by as much as 9 before after the Company Issued yet another profit warning. The third time in three years the struggling grocer has slashed its interim dividend by 75 and announced that incoming deal, dave lewis will take up his post next monday. That is one month earlier than expected and thats obviously weighing on som
Thats why the first major concession is a source of great concern and leaves iran with a vast Nuclear Infrastructure and relies on inspectors to prevent a breakup. That concession creates a real danger that iran could get to the bomb by violating the deal. Cory in the past, netanyahu has threatened israeli airstrikes. The state Department Says Hillary Clinton used a personal email account while serving as u. S. Secretary of state to conduct official business rather than a government account. The state department be and reaching out to former secretary of states discovered clintons proclivity toward personal email. 300 emails were turned over to a congressional email Congressional Committee investigating benghazi. Clinton says there was nothing improper about the use of personal email and all official records were preserved. More video has been released of the lapd fatally shooting a homeless man on skid row this week. The los angeles place chief says it shows the man reaching toward th
Concern and leaves iran with a vast Nuclear Infrastructure and relies on inspectors to prevent a breakup. That concession creates a real danger that iran could get to the bomb by violating the deal. Cory in the past, netanyahu has threatened israeli airstrikes. The state Department Says Hillary Clinton used a personal email account while serving as u. S. Secretary of state to conduct official business rather than a government account. The state department be and reaching out to former secretary of states discovered clintons proclivity toward personal email. 300 emails were turned over to a congressional email Congressional Committee investigating benghazi. Clinton says there was nothing improper about the use of personal email and all official records were preserved. More video has been released of the lapd fatally shooting a homeless man on skid row this week. The los angeles place chief says it shows the man reaching toward the officers waistband and you can hear the officer cry out