Ellen obviously like a lot of people we thought it might go to clinton. We were prepared for trump and switched gears in the middle of the night. One thing that a special about the issue is we had photographers at both evening and events. And we got to tell the story of the victory of trump and defeat of clinton in photos as well as words. Its just a different kind of storytelling. Oliver one thing that was a great way to bring color to donald trump was your wall of trump which is a visual but also about the things he said in the past. Ellen the issue has a lot of stories about the election but one thing we did is we went through all of his promises or many of them in his own words and we had a full page of the many promises involving immigration, taxes, involving a whole set of policy initiatives that he promised during the course of the campaign. Carol i feel like it led the coverage. It reminded me how many different promises he made about so many different things. And there has bee
Ellen obviously like a lot of people we thought it might go to clinton. We were prepared for trump and switched gears in the middle of the night. One thing that a special about the issue is we had photographers at both evening and events. And we got to tell the story of the victory of trump and defeat of clinton in photos as well as words. Its just a different kind of storytelling. Oliver one thing that was a great way to bring color to donald trump was your wall of trump which is a visual but also about the things he said in the past. Ellen the issue has a lot of stories about the election but one thing we did is we went through all of his promises or many of them in his own words and we had a full page of the many promises involving immigration, taxes, involving a whole set of policy initiatives that he promised during the course of the campaign. Carol i feel like it led the coverage. It reminded me how many different promises he made about so many different things. And there has bee
Roundup for the month of may. The s p 500 climbing 1. 5 . Surprising and to the day, the dow a significant laggard. Utilities leading the way, kind of a strange and unpredictable start to the week. Exactly. Oliver i want to start off talking about another weird stocks move. Look at the shanghai stock futures this morning before we came in. Speaking of starting off on a weird foot, a bit of a flash crash that happened in china attributed to selling on a hedging account. Obviously a big deal because of the dirt in the liquidity in the market. I think that investors are worried about the regulations the government is having on daily trading but here you see whats happening. Very little liquidity in the market, you have the kind of tips. Moving into the u. S. An interesting kind of move in the later half a day. Particularly semiconductors ending up. A big reversal, down 50 basis points at one point during the day. The only sector with above average volume, two other stocks least threees of
Julie i selloff after the weekly gain or the biggest of the year thus far. Great to see you. Already said my hellos off air, but we can say our on air hellos. Welcome back to the United States of america where stocks are selling off. Ons look at what is going with the major averages. We are near the lows of the session. The nasdaq has been leading the decline. I was checking volume, 5 below the 20day average in the s p 500 coming off of the holiday weekend. You will see that there were a couple of small attempts made at a recovery, but then it legs downward, bumping along the low. Groupshe cyclical leading the decline, energy is the worst performer. If you look at the bloomberg, Energy Shares are leading declines down more than 2 . Stocks, tobacco stocks, for example, are doing better. Pepsi is helping to mitigate the losses as people rotate into what they see as more economically resistant. We see the buying of treasuries. That means record low yields. The 10year yield going down to t
These numbers are relatively weak but not too much worse than have been estimated, so we will keep looking at the data and bring you information and the reaction to it over the course of the session. We are seeing u. S. Stocks make their lows this session. As this risk aversion comes back into the market today. I wanted to look at how the major averages have been doing since the close of the vote on the thursday before the u. K. Vote, or before we learn the results. If you look at the s p 500 on june 23, we are off about one and a quarter percent. We came within a much smaller margin at one point last friday but with the decline today we are a little bit further. To give you the idea of the glide path of what we have seen since that vote. I also want to take a look on the groups on the move. The economically Sensitive Energy leading declines along with financial materials and consumer discretionary. Utilities, telecom, and consumer staples. Energy, we are seeing a pullback in oil price