Im tracy in dubai. Hong kong, where it has just gone midday. To Bloomberg Markets middle east. All right. This, it continues to be dollar story dollar story. Because weve seen the index a little breather today. Still rallying in asian stock continues. Thats exactly right, heidi. The dollar has come off a little today. But over the past few weeks, the rally has really been quite stunning. A chart here. Take a look at this. Weve had a more than two deviation, appreciation in the u. S. Dollar over the past two years. Actually, two standard deviations, two weeks in a row, something thats only supposed 2,000pen about once every times, assuming a normal distribution of probabilities, perhaps we shouldnt be assuming that much anymore. But still, quite stunning. Development that has a lot of impact on the rest of the world, as you know. Yes, tracy. The asianmes to session, we do have quite a bit of upside. In thefluctuations morning. The tokyo session, we had that hit early this morning. 2 10
Reform path, if it enables no, then investor will say europe, italy is starting to become a little bit slow. Watch out. Get it. Swiss watch imports, exports rather slump by more than 16 as the slow down continues in october. Donald trump takes to you tube to announce hell withdraw the u. S. From the tpp, the Transpacific Partnership on his first day in office. Good morning, everybody and welcome here to street signs. Glad youre with us. Of course closing out once again in the u. S. With new all time highs across all the major indexes there. The dow, s p, nasdaq, russell 2000, russell 400 midcaps hitting all fresh new time highs. The russell 2000 saw its 12th positive session in a row. Thats the first time weve seen that in 13 years. These gains really continue. Ten out of the 11 s p sectors were positive led up by energy. That was an outperformer. Real estate the only negative sector which was down by a hair or so. This trump trade is just continuing for the time being. There doesnt se
Exchange. Good morning. Im sara aseisen. My favorite song. Im wilfred frost. And ill say it again, welcome back. Missed ten day rally in the there are. Missed you. Miss this major move in stocks. But, yes. You had a great time. I had a nice vacation, postelection vacation. Lets check in on the global market. U. S. Equity futures after another rally day on wall street yesterday left the do you up 80 points and trifecta of record closes. First time all four averages closed at a record since 1999. All three closing there august 15th. Were strong again. Dew futures up 47, s p futures up 4. 5 and nasdaq futures up 18, more than 18 points. For the ten year treasury note yield a story of higher yields, the selloff in bonds, stronger dollar. There we are right now just under 2. 30 on the ten year. Theres the spike up. Like you were never away. You know i have to keep paying attention to markets a little bit with such major action. You wouldnt believe what she reprice to while shes away. The te
We begin on dow 19,000 watch. President elect donald trump lays out his first 100 days in the form of a video. Says hes going to abandon the tpp trade pact on day one in the white house. Amazon could be getting into the lucrative live sports business. Reports say they have held talks with the nba, mlb and the nfl for live game rights. But first up, stocks hitting those record highs, the dow is within 44 points of 19k, the s p just two points from 2200. Small caps making history as well. The russell at an alltime high and in the midst of its first 12session winning streak in 13 years, jim. Technicians love this setup over the next few weeks. More than 700 stocks hit an alltime high. Thats very positive. The groups that have been involved in this rally are broad based, they dont seem to just be all oil or all tech or all bank, its really a huge part of the s p. We saw yesterday the kind of a catchup trade with a lot of the oils. Weve got cold weather, a potential opec deal, a president w
Within the next 24 hours. This morning its all dry. Also very chilly, especially in the north bay. In the valleys we have temperatures dipping into the upper 30s to low 40s. It is 46 now in palo alto. Todays forecast brings it up to 64 in the south bay, trivalley 61 degrees as well as 61 in the north bay with rain late tonight. Ill detail that coming up. But mike is tracking fog in the north bay. Weve been talking about this all morning. As fog will do, it roams around the area. The traffic flow around the bay looking light, minor slowing for 101. These are the typical spots for tuesday. This shows up on our maps. This is the road weather index. The onk highlighting says there may be fog. Well give you the live look out there. With very a camera at North San Pedro road. A little glow to the lights. Not a big deal. Well track it for changes, back to you. Something weve been tracking all morning, breaking news out of the south bay where one person is dead after a wild chase that started