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Good morning and welcome to Worldwide Exchange. Im sara isner and im wilfred frost well get the latest on irma in just a moment, but first, lets check on global markets. Apple led the nasdaq higher ahead of its big iphone unveil today. 11 out of 11 sectors on the s p were higher led by the banks reverse ago 3 decline last week for the Financial Sector that was mainly because of yields rising. Also reinsurancers got a big boost on the back of irma. They did, indeed. We also had news on barclays at the conference, Goldman Sachs and wells fargo in the spotlight. We look set for another positive day on wall street ten heavy year treasury note was key yesterday, as i said yesterday we touched below 0. 5 moving close to 2. 15 yesterday and we remain around that level. So a big move, higher in yields yields it pushed the d ....
Between boeing and canadas to protect jobs out of a plant in northern island. The government relies on both both parties to pass legislation. Boeing wants the u. S. To impose tariffs on planes. The United Nations says the number of refugees fleeing the about 370as spiked to thousand. The official estimate today is more than 50,000 higher than yesterdays. Thousands of muslims denied. Itizenship have fled on foot the u. S. Has condemned the violence in the u. N. Says flights have been arriving at nearby nations with supplies. Global news global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. Were 30 minutes on the close of trading. Stocks continuing to act at records. The s p just shy. The question is whether you miss . Introducing the iphone 10. Tim cook and company betting that consumers ....
200,000, and you figure, well, i should be grateful, right . And i dont know whats happened to you, but its not the Stuart Varney that i always knew. [laughter] stuart i believe ive taken up 50 seconds of your show. [laughter] neil you have, you have. Stuart or stuart just remember, neil, come on, something is better than nothing. And if the votes were there for acrosstheboard major tax cuts, major tax reform, im right in there. But the votes are not there. Neil maybe the votes are there for a simple majority. But if you make a supermajority, maybe youre right. But i just think youve already tipped your hand and said, all right, this is what we have to settle with, and the other side is saying, oh, weve got varney. You have huge influence, mr. Varney, across the world. Stuart thats not true, thats not true [laughter] neil and they see you blinking. Stuart ive now taken up 90 seconds of your show. Neil all right. Lou dobbs wanted me ....
Power outages. Alex savidge is in San Francisco now. Tell us more about the Power Outages. Reporter well, last nights light show fun to watch. Now a lot of people waking up in the dark across the bay area because of the storms. At last check, about 1800 homes and businesses without power. A lot of them right here in San Francisco where we are this morning. Were out in the sunset district. And you can see this particular outage is here near the intersection of 35th avenue. And crews have been out here since last night, working hard to get the power back on for this neighborhood after lightning took down one of the power lines on the street at about 9 30 or so last night. People in this neighborhood, they pulled out the flashlights this morning to get ready for work or for school with no lights. All of these outages, various ....
Indexes the dow, the s p 500, and the nasdaq closed at records. Financials rose. And there was optimism about tax reform. And that enthusiasm put investors in a buying mood. So here are the closing numbers for you. The Dow Jones Industrial average gained 61 points to 22,118. Its gains were capped however by a decline in the shares of mcdonalds following a downbeat research note. The nasdaq was up 22. The s p 500 added eight. Ask anyone who invests in this market and they may have a different take on stocks and where they may be headed. The same is true of wellknown investors like omega advisers leon cooperman and tiger managements julian robertson, who says stocks are in a bubble. The market as a whole is at a historic basis, i think thats due to the fact that Interest Rates are so low that theres no real competition for the money, other than art and real estate. And so ....