59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for what he calls a rush to justice. Lets focus in on the big stories we are watching in this final hour of trade. Mike tracking the Market Action as always. Julia boorstin following the cory russ of dissent inside facebook and courtney covering the civil unrest mike, start us off with the Broader Market and this continued strength we are seeing yes, continued, persistent strength its a day when its gone a little bit away from the nasdaq leaders that were were so familiar with. That trend has remained
From President Trump bnp and santander announce they are amid the payout 100 billion scheme to help the answer is after the sanitary crisis to invest, invest, invest thats what europe is going to do so this european data, not very pretty. Numbers are coming in significantly weaker they are even weaker than the flash estimates. The final composite pmi come in at 29. 7. The flash estimate was 31. 4, the final services pmi 26. 4, the estimate 28. 4. The estimate 28. 4. That is the lowest level for the Financial Services sector since the survey began numbers reinforcing the collapse in the eurozone. Final Business Expectations 33. 5 the flash estimate 34. 8. Just by terms of comparison, the february number on that was 30. 3 where are the green chutes the february survey 51. 2 many of these numbers are now ratcheting these numbers represent survey lows with the lockdown appearing to be set for some time here it does feel there is some optimism first thing on the numbers, these are deviating
The nasdaq is on track for its best monthly gain since july of 2016 the s p 500 is at its biggest monthly gain since last february the s p and nasdaq have risen seven of the last eight trading days if you were waiting for things to slow down, you are still waiting. Triple digit gains for the dow already this morning overnight in asia there were gains this came after the strength yesterday with the dow up 200 points. The hang seng was up by 1 shanghai was up by 0. 1 . The nikkei did give back some ground in europe this morning, there are some green arrows across the board. Gains of a quarter percentage point for germany and the ftse in london. The cac in france is up by a third of a percentage point. If you want to look at treasury yields which have been picking up ground, you will see the treasury yield for the tenyear, sitting about the same, 2. 544 lawmakers in germany reached a break through in talks to form a new government the euro rising. You need a government. Euro rising to new
Its education business continues to struggle in north america. And asml is among the hottest stocks in europe this morning hitting a record high as Fourth Quarter profits beat expectations good morning were about an hour into the european trading session wild swings in the u. S. Equity session. Well get into that. The handover from asia was mixed. The nikkei was down about 0. 4 overnight. Hang seng stood out there, ending up about a quarter of a percentage point the mood music in europe is grim this morning it points to a weak start for the stoxx 600. We recovered a bit, but for the day the index is trading down. Lets look at european markets and see what the picture is like there the only one in the green, is ftse mib. The italian index, but ftse 100 is lagging in the uk, the focus is on the voting of the uk withdrawal bill later in the lower house of the Parliament Today xetra dax is also struggling, down 0. 2 . We get eurozone Inflation Numbers in about a half hours time we should g
U. S. Economy over the next five years, and pay some 38 billion in repatriation taxes. Good morning, everybody. It is thursday, we had another record breaking session in the u. S. With all three major indices making gains of more than 1 during the session lets look at the picture in europe and see how things are trading there. Were off to a good start as well not as strong as we were about an hour ago, but still trading positive on the day, up 1 or so, thats a far cry from the plus 1 gains we saw across all three major indices in the u. S the nikkei coming off its 26year high, down 0. 4 in the session. Lets switch to european indices. Ftse is lagging a bit, down 0. 2 this is while the macron and may meeting is taking place. Well get there shortly. Willem is there. Cac cac is in the green, and xetra dax leading the charge its a big day for germany theres the bundesbank imf meetings taking place. We heard from wideman and well get into that. Switching to sectors, the leader this morning