15 states and 1 territory Holding Republican and democratic primaries today. Trumps widely expected to win all the gop races, picking up most of the 854 tell gates at stage at stake. By the end of the day, he will be the presumptive nominee, thats my opinion. He told fox this morning that biden is the worst president in history. Virginia is considered nikki haleys best hope, but he has no Events Scheduled she has no Events Schedule canned after todays contests. Biden has to worry about a big uncommitted vote, seven states allow that writein. If the uncommitted get anything like the 13 they got in michigan, biden is in trouble. For some time Michelle Obama has been talked about as a possible replacement for biden. Its not going to happen. Nbc reports the former first lady, quote, will not be running for president in 2024. The Supreme Court says unanimously trump will not be on the ballot. Democrats not happy but theyll try again. Democrat jamie raskin says hell still try to get him off
Economic Playing Field. Maria china and u. S. Businesses trade over deals during the visit. Expecting to release a plan of their tax code today. By President Trump says democrats will like the version more than what weve seen for the house for threatening to derail the 85 billion merger between at t time warner while regulating the process of requiring the sale of time warners unit which includes cnn or the directv business as a deal to allow that to go through. Apple topping 900 alien dollars incredible market value. The details as the most valuable Public Company keeps on getting bigger. Take a look at americas best thursday morning by selling underway. Dow industrials to be down about 25 points. Nasdaq, s p 500 in the red. In europe come major indices also lower. Xt 100, dax down fractionally. Talk about a third of a percent. In asia overnight, the service may expect the nikkei average done a fraction. Hang seng and on, three quarters of 1 . Spacey cut. Ridley scott will remove and
A very warm welcome to bloomberg daybreak europe. It is our flagship morning show in london. Im manus cranny. We have a great show for you today. We have a couple very interesting conversations and these gentlemen will join us. At 6 30, we speak to the ceo of allied irish bank about the companys ipo, which seems to have gone so far, so well. And then we will be speaking to colum eastwood, getting his reaction to the deal done between the tories and the d. U. P. Welcome to daybreak and the markets. It comes to talking about bullishness, have a look at this. Chart number 461, just closing in the green. But there is an uneasiness in the market. The citigroup sentiment indicator. When it is in the bearishness, it is in the red. This indicator shows the growing divorce between bearishness and where the s p is. That gap is widening. Being in the s p is not the most crowded trade in the world. The net long valuations are pretty close to neutral. They raised their cash allocation. Those are th
What mayor de blasio told trump in the meeting. Media giant revealing sounded even more flawed measurements, what it means to the relationships and publishers. All eyes on Federal Reserve today. Janet yellen heads to capitol hill. She will face questions over Interest Rates and Central Banks relationship with the Incoming Trump administration. We will watching the testimony. Futures look like this. We are expecting a fractional gain at the opening of trade this morning after weakness yesterday. The dow industrial expected to be up 20 points today. In europe mixed performances. You see the ftse up 25 points. Onethird of 1 . The dax index in germany down a fraction. Japan central bank to buy unlimited amount of government bonds at mixed rates. First time they want to keep a lid on rising yield. Holiday shopping frenzy has begun. Spending expect today rise this year. We have the stories coming up. All the stories and joining me to talk about it National Review reporter cat is here and rep
Oil rolls over at the opening of the session. But then rebounds ever so slightly. And suddenly the stock market can rally . Rally off the lows of the day . The dow closing down 13 points after being down 112. Thats when oil was really rolling over. Nice recovery there. I have to ask you, how it is that this market, it is still so hot since the price of oil, remember oil rallies a tiny bit off the lows, averages are able to bounce so definitively that we may as well just be one giant stock market devoted to devining oils direction. I feel like im throwing up at the pump everyday i go to work. Ive been adamant about the good things that will ultimately happen to america and american industry when Energy Prices stay low. However, lately as oil keeps plunging, theres a dark addressed enough on the show. Namely that the longer crude keeps collapsing, the more stress there is in the system. The worst of fundamentals get for the financials that lent the Oil Companies money, thats what were di