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All of the sectors are lower. One of those stocks is Newmont Mining because gold is higher as a safe haven, up 1. 3 now, well above the 1600 an ounce ma rk. Clearly an ominous environment right now. Earlier this week, we had swings day,. 2 and plus 1 in one so it is not unusual to see these swings today. The other assets i wanted to point to, dollaryen. We are seeking we are seeing a weaker dollar. Very interesting move in the currencies, and obviously that will continue throughout the session. If we have the s p 500, i can show you that the stocks that are lower are primarily once vonnie live from new york, im again the travel companies, the airlines. American airlines down seven vonnie quinn. Guy from london, im guy point 5 . The moves to the downside are very big. Johnson. Welcome to bloomberg markets. Vonnie lets check in on the united down. Royal caribbean lower. State street lower. First word news. A note out from an analyst ....
Decade, because revenue came in much short of wall street estimates. Guy absolutely. Lets go back to that dollar story. Youve got cable breaking lower today, through some key levels. We just broken through 1. 28. The retail bounce we were seeing earlier on has faded quickly. Dollaryen, yesterday we were talking about knowing through 110. We are now through 112. Stoxx 600 just off session lows, down by around 0. 4 . The insurance sector in particular a big focus in europe. Some of these stocks really getting knocked to the downside. Vonnie Morgan Stanley has agreed to buy e trade, one of the few remaining standalone retail brokerages. It is an all stock takeover valued at 13 billion. We are joined by our Global Finance executive editor cameron gage. This is a very phenomenal deal, and i am curious as to your thoughts on valuation, given what we have already seen in the brokers ....
Stoxx 600 is negative now, down by less than 2 10 of 1 . The pound is moving relatively aggressively on a number of different things. Theres a reuters report talking about a regime that would allow the continuity of the good friday agreement for the irish border. Emmanuel macron talked about an intelligent solution to the brexit impasse. All of these factors helping the pound get a lift today. I think positioning is also a factor in this. The italian 10 year not budging that much, but keep an eye on it. Reportsla, the suggest, wants a coalition formed by the end of today. Salvini is about to go see the italian president. Vonnie the u. S. Economy does not need lower rates according to Kansas City Fed president Esther George. She spoke with bloombergs Michael Mckee in jackson hole, wyoming. Have a listen. Theer as i look at ....
And the stocks index down after broadcom said it was having a tough time with china trade problems. Up almost another 1 , 1355. 10. Guy today all about broadcom, all about the chips. European stocks are lower. It is the chip stocks. These are down. It is definitely a trade story, as you say. It is about wally about huawei and about what the president is going to do next. Bynt crude popping higher 0. 5 . We did see a russian rate cut today, as anticipated, and they are pointing at more. What is interesting is that the russian ruble went up. Vonnie President Trump says iran responsible for the recent tanker attack. His comments are coming after u. S. Officials released a video they say shows the Islamic Republic was involved in an attack on an oil tanker in the gulf of oman. Also triggering a rush to safety come up with global bond yields heading aware. For more on what all ....