Story on the vaccine pause we were talking about with the cfo a little earlier on. We are waiting to see what news we get on the stimulus front as well. Brexit talks look like they are going nowhere. The s p is higher as we await news from apple. Day. Ve amazon prime the pound is lower, down by 0. 6 . The euro is softer as well. And there we go. We are watching the bdp trade the btp trade. This is we continue to see the redenomination trade factor into the btp market. Expectedue to see an further move from the ecb being factored into the btp market. How much further will it go . We will talk about that throughout the program. Alix as you were mentioning, countries across europe are widening curbs to get a grip on the fender mike thats on the pendant. In the on the pandemic. In the u. S. , there is still conversation about the election and pricing in a blue wave. Anwitiet more with dr. Bahuguna, Columbia Management head of multiasset strategy. Bahuguna thank you for having me on the sho
Shape out of disdain he comes to advocate and in the game equals betrayal. When so many find themselves worlds apart when shes to look for common ground. Greetings and sell you. When surveying the wide field of news these days one can stumble upon a 1000000 different plot lines whether its another bumbled u. S. Led tempt in venezuela this time using former u. S. Soldiers turned mercenaries to the very real surveillance state inspired fears that are gaining ground with each new revelation coming out of the u. S. Government and silicon valleys plans for potential Contact Tracy but its the plotline that is with unfolding in the african country of somalia since the birth of 2020 that we will focus on today in particular its the very under reported fact that since january 1st 2020 the United States government through the pentagons Africa Command has been conducting a brutal barrage of air strikes inside the battered nation just security dot com reports that in the 1st few months of 2020 the
Dow adding 77 points. People waiting on the feds decision. Earnings today facebook, northrop grumman. A lot of earnings. Olivia all eyes on 2 00 p. M. Yesterday, the s p posted its biggest gain in two weeks. Lets show you whats happening the fedollar ahead of statement. Nothing, essentially pure little changed. 96. 78. Dex euro above 1. 10. A surprise in the Housing Market last month. Pending home sales fell by 1. 8 for june. First drop this year. Economists forecasted sales will rise. The Housing Market is not going as many expected due to tighter lending standards and a limited selection of properties. Lloyd blankfein is bullish on u. S. Markets. Thelopment sachs Ceo Goldman Sachs ceo took part in an interview with Mike Bloomberg. He was asked why he was optimistic. Consumers have to leveraged, banks have de leveraged. Housing prices are starting to stabilize and move higher. Were in for a long, positive market. Olivia glenn fine says the u. S. Lloyd blankfein says the u. S. Will get
Year. That was higher than last year. There was a spike in shortterm money rates that weighed on sentiment today. Chinas central bank refused to injex cash into the money markets for a second straight session. Japan, the nikkei was down by almost 2 . The hang seng was off by 1. 3 . And the shanghai composite was off by 1. 25 . Well see if that weighs on market here this morning. Steve, right now, ill send it over to you. Thanks, becky. In corporate news, jpmorgan reportedly nearing a roughly 6 billion settlement to settle claims with Mortgage Backed securities in a run up to the financial crisis. In separate news on the bank, jpmorgans 13 billion mortgage settlement with the government kind up costing the company lows her to 9 billion after taxes. A number of buyout firms, meanwhile, are reportly exploring a deal for all of part of safeway. The name includes cerberus. Activist investors Jana Partners says the Company Shares are undervalued. It held talks about reviewing if strategic ey
Monitor has small cap names he says are poised for bigtime gains. All that and more on nightly Business Report for march 21st, 201 2014. Good evening, everyone. Wall street wrapped up an exhausting week with sharp declines and equally intense gains that sent stocks on a wild ride. It began on monday with a crucial vote in moscow to take control of crimea. Once the threat of a military confrontation eased up, stocks surged. That rally continued on tuesday, but a day later Federal Reserve chair janet yellen hinted that Interest Rates might rise sooner than anyone expected and stocked plunged. Investors bounced back on thursday on encouraging economic reports. And finally today, a qaudruple reaching day for options and futures pulled down stocks. But investors had the final say on the week, pushing the dow and s p up more than 1 . And the s p even hit a new record in interday trading. By the closing bem the dow lott 28 points, nasdaq down 42 and s p slipped 5 points. The head of the minne