Netflix coming to Million Dollars ahead of wall streets estimate. Good news for netflix. Investors are hoping for war news from washington. It passed the senate earlier. There is four minutes left to voting. It is interesting because it is quite a few questions about how much it will impact voters. No voter likes a shutdown. You the amount of out. Ive comments coming it is quite the opposite scenario in the prior shutdown theit shows you how much economy is humming along. We have about three minutes left in the vote. It will be interesting to the how this plays out in the next three weeks or so. This issue probably one of the most sensitive ones between republicans and democrats. Lets take a look at how u. S. Markets close. King enjoins us now for more. It underscores that the market has really shrugged this drama. The nasdaq leading the advances and optimism about the economy have pretty much left the markets unfazed. Lets go into the market snapshot. Change. Ot much of the you can se
Also announcing a Share Buyback worth 300 million. Always lots of airlines pu ns. , in theof up and down bond market, this chart 6473, a constant worry for Market Participants when they look at the highyield corporate debt markets represented by the white line. We have seen a declined in the highyield Corporate Bond etfs. That has some worried whether this decline will spillover into equity markets. That does not seem to be the case when you look at the gap between highyield debt and 10 year treasuries. Range, has stayed within represented by the blue line, and that is reassurance or market watchers, seeing the highyield behaving like what we are seeing in treasuries, so not likely to be a catalyst if there was more market turmoil. We dont see contagion when it comes to the credit space. The price action after the fed minutes, we got more clarity, but towards the late part of the session, yields picking up on the 10 year, stocks tumbled, the dollar reversing come so it seems like there
But short on spending. And we have the world covered on daybreak asia and we will go to solvi seoul. It is budget day in australia, just hours away from the revelation of details. We are going to head to sydney for the latest. This is bloomberg daybreak asia, coming to you. Im betty liu in new york, where it is after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. It seems like politics are going to be dominating the market. Not the typical d. C. News flow to get out of the Trump Administration, but south korea voters, 52 million of them heading to the polls today, and budget day down under. Betty as we have noted, it looks like korean stocks seem to have priced in the volatility in those elections. They are just going higher. Markets are actually quite attractive in south korea. Topics is going to be the aaa rating, and what the budget details on whether that rating is in fact going to be jeopardized, or is all that talk just much ado about nothing . Meanwhile, stocks in t
Billion. Sydney, just past 8 a. M. Im haidi lun. This is daybreak asia. In new after 6 p. M. York. Im betty liu. We will be looking in all the action on wall street playing into the asiapacific trading day. Two within the last minutes, we got that breaking news out of washington. President trump firing the fbi director james comey. Our chief White House Correspondent has the latest on this news. . Evin, what happened here he fired comey on the recommendation of attorney general jeff sessions, right . Reporter yes this is breaking is just coming out of 1600 pennsylvania avenue, where fbi director comey has been fired. President informing the fbi that he will no longer be leading the bureau. In the letter where he informed mr. Comey of the firing, he says i want to read it to you. He says while i greatly appreciate you informing me on three everett occasions separate occasions that i am not under investigation, i nevertheless concur with the department of justice that you are not able to
Billion. Sydney, just past 8 a. M. Im haidi lun. This is daybreak asia. In new after 6 p. M. York. Im betty liu. We will be looking in all the action on wall street playing into the asiapacific trading day. Two within the last minutes, we got that breaking news out of washington. President trump firing the fbi director james comey. Our chief White House Correspondent has the latest on this news. . Evin, what happened here he fired comey on the recommendation of attorney general jeff sessions, right . Reporter yes this is breaking is just coming out of 1600 pennsylvania avenue, where fbi director comey has been fired. President informing the fbi that he will no longer be leading the bureau. In the letter where he informed mr. Comey of the firing, he says i want to read it to you. He says while i greatly appreciate you informing me on three everett occasions separate occasions that i am not under investigation, i nevertheless concur with the department of justice that you are not able to