Lets get to alexis and talk about the commute. Expecting a lot more folks on the road today than what we saw all of last week with the holiday. So far it is nice and quiet. Golden gate bridge, we have a dense fog advisory issued by chp just a few minutes ago for the reduced visibility. Not looking too bad near the toll plaza. Near the midspan or into marin county it could be thicker. Westbound 80 highway 4 to the made, 19 minutes. Southbound 101 San Francisco to sfo in the green at nine minutes. New overnight, San Francisco Police Investigating a deadly shooting in the Mission District. It happened at 24th and cap streets after midnight. A man was found on the ground unconscious and later died. Responders say they did see a vehicle take off from the scene. They lost it during a chase. Abc 7 News Reporter Amy Hollyfield is there and will bring usiv report in our next half hour. It should b a significant day in the ghost ship warehouse fire trial as one of the two defendants takes the st
Equities. We will comedo, back to this in a second while we fix this. Vonnie i will check u. S. Markets first because we are 90 minutes into the trading day. The dow is up. 25 . The s p up. 1 and the nasdaq tax reform helping the. S. Profit outlook david from mainstay capital think the trading weve been seeing this year is equivalent to euphoria. Perhaps this wont end well. Theyre interesting when we contrast this to a great chart we have in the bloomberg. We are looking at the number of death without a 5 pullback or greater. We are looking at the number of without a 5 pullback or greater. The s p 500 in blue. We are looking at the number of days without a 5 pullback. We are on day 295. Week,eek, it was last it was day 292. You have to go back to 1965. One of the bestperforming sectors on the day helping the record high, the financial sectors. Citigroup and bank of america higher. We have regional banks higher. Behind this trend, not surprisingly, yields. The 10 year yield is up five b
Halt brexit payments at the European Union backs a trade they believe withholding billions from the eu could be necessary. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im courtney donohoe. This is bloomberg. Yorke it is noon in new and 1 00 a. M. In hong kong. Shery welcome to bloomberg markets. Vonnie here are the top stories on the bloomberg. U. S. Stocks are mixed today. Treasuries retracing now as a toing of auctions of be billion dollars gets underway 250 billion get underway. Pizza party. We speak with dominos ceo Patrick Doyle about the companys fourthquarter artificiald why intelligence may be taking a key role in their delivery strategy. Taylor riggs is with us. Taylor a bit of a mixed picture here. You have the dow jones off. 2 . The s p 500 up. 2 . Upeye is on the nasdaq, almost. 8 . Im thinking the qualcomm bid that was revised higher is pushing everyone else higher today. Whathing im looking at is not higher tod
Social responsibility. Should they take the lead on possible gun control power lunch starts right now and welcome to power lunch, im Michelle Carusocabrera and stocks are carving out accident gain ahead of the fed minutes but that could change in less than an hour. Yields on the twoyear note hitting the highest level since the beginning of the financial crisis and watch the fiveyear because results of an auction moments away Home Building stocks are rallying today tripoint and kd home and pulte are leading the way and fueled by advanced auto parts, stocks are up doubledigits on the back of the earnings. We have eamon javers with breaking news at the white house. Reporter weve been watching this student protest in front of the white house this afternoon protesting against gun violence. Weve seen the president has a meeting later on today with a number of students who have been affected by gun violence and i spoke to a white house official who signaled new flexibility on the part of the
Bouncing off that level yesterday, but today it has slipped below it and it seems as though the breaking of that level happened and caused every thing to accelerate. They are having the worst single sessions and connect to may 17, and having a major volume here of heavy selling going on. Not as the losses today, but the losses we have seen on the nasdaq this month breaking a winning streak. We have this tracking on a month test monthly basis, so before june we had seen the nasdaq rally for seven straight months, but now it looks like it will not make it to an eightmonth. It is looking less likely as we see a 1. 4 drop on the month here, breaking below those Technical Levels we have been watching. In terms of what is declining today, it seems as though it is a wholesale selling of technology and some of the other momentum stocks that had been fluctuating so wildly between gains and losses over the past month. Semiconductors are one of the prime groups, advanced microdevices and insight