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Lets begin by taking a look at where we stand onwall street theres your picture all sectors but industrials are in the red right now, dow trying to claw back off the lows still down about 7b3 points the question now, josh brown, im sure everybody is thinking about this if not being asked it directly, im going to do it the same what now where do we go from here well, i think were in now the third at the last five days, were in third day of this mean reversion trade where the hardest hit sectors and the sectors that have the most gain on a successful roping of the economy are leading. Its really interesting to look at, for example, the fact there are 20 s p 500 stocks that are up more than 20 on the year only one of them is green from the day. Big outside day developing teledoc, i wouldnt want to be in that name right now youre seeing the semis getting turned away. Semis have been out stangding bt they got turned away hard. When you look at the rsp versus the spy. The s p having a bad da
New-yorkUnited-statesPennsylvaniaTogoSouth-koreaConnecticutAmericaTom-leeRobert-brownKelly-evansJosh-brownJeff-bezosMembership in the eu. Rival camps are running neck and neck. Israeli Prime Minister Benjamin Netanyahu and u. S. Secretary of state john kerry are scheduled to meet in rome on sunday. From bloomberg world headquarters, im mark crumpton. Westmberg Max Bloomberg is quote is next. Im emily chang and this is bloomberg west. We will examine the potential impacts of a brexit at tech industry. And must lays defense having a hard time selling his 3 billion proposal for a teslasolar city merger of we will break down why some investors are skeptical. The Global Entrepreneur conference kicks off. With john interviews kerry and reid hoffman, we will hear from steve case. But first to our lead. Britain is on the brink of a monumental decision about whether to remain in the European Union. Campaigners issued 11 hour appeals in the socalled Brexit Debate with the mayor of london calling up the fight of our lives. His predecessor calls it the last chance to take back control. Polls waver between a dea
AustraliaParisFrance-generalFranceNew-delhiDelhiIndiaTel-avivIsraelBeijingChinaMinnesotaConsecutive month. A Nobel Prize Winning Economist Says hes worried about the rally and investors could be taking that to heart as the dow pauses after 17 k. Buying a swiss Food Ingredients producer for 3 billion. Apple hiring away from tag heuer. And higher in the premarket once again as options on the Company Shares kick off trading today. First up, wall street hoping for more stock market history this week after the dow hit 17,000 on thursday for first time ever. As for the s p, now within 15 points of 2,000. Earlier on worldwide exchange, Nobel Prize Winning economist stiglitz doesnt believe it signifies an upbeat trend. The very strong stock market prices are in a sense a symptom of the weak economy, not a symptom that were about to have a strong recovery to our real economy. Sounding an awful lot like what the bis said last week and were vulnerable to a 10 to 12 correction and Morgan Stanley get more neutral on risk even though he was bullish at the beginning of the year. People
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