See, there are about a dozen weeks each year when were in the heart of earnings season and the wall street analysts become powerful enough to control the action this is one of those times they have an outside ability right now to move stocks particularly tech stocks. Today because of chatter about a possible break in the trade log jam with china and britain and iran didnt seem to go to war with the tak nker, the bulls pushed stocks higher its important to know how this works. Behind the scenes im opening the curtain to give you solid examples how the an lists are able to move some stocks and therefore the entire market. Its beens toed back and forth since it peaked at 64 and change for pulling back to 28 bottomed in december when micron reported, they made positive noises enough to send the stock into the stratosphere and Goldman Sachs decided to call the bottom in the chips and the stock had yet still one more leg higher as the buyers went nuts for it. And thats how it could rally ano
We have somebody here who can give us icnsight into all of tha dow futures look to be down 35 points part of what happened in the market was because of tenyear yields topping 2. 96 right now the tenyear is at 2. 926 the 2year at 2. 2 26 . In asia, the nikkei off by 1 . Shanghai is up about 2 . In europe, the early trading there, the stock markets there are mostly in the red. Dax is off by 0. 8 ftse is down by almost 1 . Barclays shares are up sharply despite the uk Bank Reporting a big drop in 2017 profits. Barclays says it lost 2 2. 7 billion once again why would that happen . Yep. They its accounting for the u. S. Tax overhaul. But also a weaker dollar there were some bright spots Barclays Says its pretax profits rose 10 customer deposits were up and its doubling its didividend. Jeff staley says he is optimistic about the future. There are a number of tailwinds. During the next year and half we will be retiring a lot of debt Interest Rates are in a much better position than they were
What she could have potentially contracted in the water if theyre concerned about something with the lake. Reporter her older daughter will stay at overnight camp here next week. She hopes if it is bacteria in the water, its resolved by then. Some of its to be expected, being out at a camp. But im not sure i guess i have to figure out what level of bacteria or whatever they found, if they find anything then i guess ill go from there and be concerned. Reporter a mile or two down from the camp swimming is not offlimits at other cedar lakes in the area. The Burlington County Health Department does anticipate the results from their Water Testing samples to be completed by tonight or friday morning. Im cydney long, nbc 10 news. Right now at 5 00 take a look at this. In the past few hours, a water main break forced the deptford mall to close temporarily in gloucester county. This view comes from sky force 10. We are told a water main under the parking lot there burst, creating this muddy mes
Nsshloky. Court documents say the suspect was in a street gang who had a beef with a rule of gang. A witness saw king rival gang. A witness saw king pull a hand gun from his waist and start firing at a red or burgundy car. In Court Documents the witness told police the driver of the burgundy car fired first. Police recovered two dozen shell casings and fragments from the scene. Our cameras were there when king turned himself into the Homicide Branch in northwest around 4 30 this morning. Court documents say king had intent to kill, had conscious disregard and caused the death of matthew shlonsky, an innocent bystander caught in the crossfire when he got out of the taxi. The victim was shot in the chest. The bullet traveled through his lungs and heart. Surae chinn is in the courtroom right now and she will report back on what happened as soon as things wrap up there. The search for the guardians of this little young guy here is over. Officers spotted the 2 or 3 yearold on benning road n
Kurdish region. He said he hoped the kurdish leadership would abandon names of creating a separate state, and not forced turkey into enforcing sanctions. He added that the landlocked kurdishrdish region would not be able to survive without turkish support. Hillary clinton spoke to charlie rose. I believe he either has something on donald trump, or trump thinks that putin helped him so much that he is not going to turn on putin. Either one is horrifying. At can see the interview 6 00 p. M. And 10 00 p. M. New york time. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york, im julia chatterley. Scarlet im scarlet fu. Abigail im abigail doolittle. The s p 500 is turning toward that level of 2500. Scarlet but the question is, whatd you miss . Holding akers are are hoping tax reform will pick up steam. Chair markng weinberger weighs in, next. What