Comments raises questions on whether Prime Minister may can get enough backing of her vision of brexit. She says she can still get the bill on the withdrawal from the eu through parliament. John cornyn says arizona senator john mccain should be available on the senate floor for crucial votes to overhaul the u. S. Tax system. Mccain is receiving treatment at Walter Reed Medical Center for side effects of his ongoing cancer therapy. Cornyn says the timing of the taxable is still unclear, as discussions continue on a range of topics including the Child Tax Credit. The Texas Republicans also said he has confidence in robert mueller. The Northeastern Region are underwater. Thousands of residents have fled for their lives following extensive flooding. Authorities say it was caused when two rivers overran earth and dikes. Firefighters are using helicopters to conduct rescue operations. Global news 24 hours a day powered by over 2700 journalists and analysts in over 120 countries. Im Mark Crum
Will have their offset assets frozen and be banned from traveling in europe. Pope francis is apologizing for insisting that victims of pedophile priests show in his words roof saying he realizes it was a slap in the face of victims that he never intended. Who is accused of covering up for the most notorious pedophile priest. Said of the priests, i am convinced that he is innocent. Global is 12 four hours a day powered by more than 2700 journalists and in over 120 countries. I am Mark Crumpton, this is bloomberg. Julie i am julie hyman. I am scarlet fu. We are 30 minutes from the close of trading in the u. S. And stocks are at record high after they advanced a bill to end the Government Shutdown. The question is, what did you miss . Lawmakers ending a stalemate to advance a stopgap funding measure that would keep the government funded through february 8. Investors anticipate a Stranger Things bump. The program likely boosted subscribers in the fourth quarter. And Angela Merkel is one st
Slightly higher. At the low, down more than 100 points. All on pace for the worst day of the year. That is only true for the tech heavy nasdaq. Really weighing on the nasdaq, the Philadelphia Semiconductor index down 2. 4 . Still on pace for his worst day since december 4 of last year. Lets dig into one stock weighing them all down. Apple down 1. 6 . Its worst day of the year. This appears to have to do it to death and analysts. Jpmorgan is cutting the estimate, Sales Estimates for 2018. That is based on deteriorating iphone demand. We also have bernstein saying the iphone estimates for the march quarter, the street is looking at it right now, and it may be too high. It is interesting to see when the Company Reports what does come up. Broadcom trading lower in 70. Lets look at some of the homebuilders. We have some weakness here. D. R. Horton, all lower after existing home sales for the month of december missed the survey a little bit. Daca have to do it tax reform. Investors not likin
To 10year bond market. Yields moving down by six basis points. There were concerns. Those have dissipated and the rally is pretty strong. Sterling down. 5 of 1 . Three week low. Serious shade being thrown at theresa may today. Jonathan its one of the cruelest things ive ever had to watch from a politician for quite a while. David it was an important speech. Jonathan the letters dropping off the wall behind. Couldnt have gone much worse. Alix david . David time for the morning brief. Coming up, weekly initial jobless claims and trade balance will be released. And at 10 00, factory orders and durable goods and were going to hear from several members of the fed starting with jerome Paul George John williams and patrick arker. Bond markets trying to sort out the aftermath that President Trump might wipe out the puerto rican debt. Something they tried to walk become. And overnight, the puerto rican treasurer say theyre going to run out of money and had to shut the government down if congres
Resolution for inspectors at the chemical attack in syria. Moscow had to postpone the event until next month after the weapons watchdog issued its october 26 report. U. S. Ambassador nikki haley pushed for the vote today, saying the Security Council overwhelmingly supported extending the inspectors mandat es month after Hurricane Maria struck puerto rico, the Tourism Industry is practically nonexistent. About a third of the hotels on the island remained shuttered. Restaurants and shops are still without power. Swimmingre closed for because of possible water contamination. In high season begins december, and tourism officials are hoping to lower some visitors. Ist depends on when power fully restored, and how quickly attractions can repair the damage. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Julia i am julia chatterley. Joe i am joe weisenthal. Scarlet fu is off today. Julia we are 70 minutes from the c