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98 of the stocks to the downside s p 3,000, 10year yield at 1. 25 if you were right on this move, thats a really logical place to say, fine, let me cash in a little bit i think thats what we saw this morning. Not to guild d lily, but we were almost 1,000 points caterpillar has had a spurt in the last few minutes 3m has been positive merck and pfizer im not saying anything is turning around but some people are buying here. The problem is the information vacuum here. The old saying, you cant trade on fundamentals, trade on the technicals the problem is we cant trade on the fundamentals because we dont know what the earnings in the p e ratio should be right now. We saw that with the dispute with goldman going to zero percent Earnings Growth for 2020 then technical, everyone was saying were watching the 200day moving average, we went through that just after the open its hard to trade on fundamentals right now, hard to trade on the te ....
Night, caterpillar warning this morning. Money moving into the bond market. Yields lower by about two basis points. Time now for global exchange. And london to you new york washington, our bloomberg voices are on the ground with this mornings top stories. U. K. Prime minister Boris Johnson will Face Parliament after lawmakers blocked his plan to rush the deal into law. We now face further uncertainty, and the e. U. Must now make up their minds over how to answer parliaments request for a delay. Alix European Council president donald tusk earlier signaled that the eu was likely to do. In order to avoid a theeal brexit, i recommend eu 27 except the u. K. Request for an extension. For this i will propose a written procedure. Anna edwards is in westminster. Anna the Prime ....
Better than sxiktestimates. Road map begins with slowdown concern, tariffs and decelerating Global Growth weighing on the economy in q2. Top white house economic adviser larry kudlow will join us first on cnbc. We have investors buoyed this morning by strong earnings from tech giants such as alphabet, twitter, and intel all of those stocks pointing to a higher open. And starbucks rallying as well as sales surge. The coffee retailer raising its outlook. Kevin johnson joins us first on cnbc this hour futures are higher on those upbeat earnings. Gdp did slow to 2. 1, but beat expectations earnings big picture today googles parent beating big on both the top and the bottom lines. Twitter also beat the street, reporting 139 million monetizable daily users, more than the street had been looking for. Biggest number in about two years. Amazon did miss on earnings, revenue was ahead. First time in five quarters that amazon did not post a re ....
In the region last week. And huawai says sales of its handsets have plumeted 40 since the us sanctions and is slashing production by 30 billion. Bbc chinese will look at how huawei can possibly respond to that. Egypts former president Mohammed Morsi has died afterfainting in a courtroom. Heres the announcement from state tv. Translation Mohammed Morsi passed away today during the Espionage Court hearing, the decease asked the judge to speak and he was permitted and after the session was adjourned he fainted and passed away. His body has been moved to the hospital and the necessary procedures are to be taken. Mr morsi was egypts first democratically elected president. He led the Muslim Brotherhood organisation to victory in the 2012 president ial election. The b ....
Hello and welcome to the program. Im told mccrae russias president vladimir patient has been sworn in for a 5th. 10 is ritual, an organization in the kremlin glittering whole something the familiar drill for the most powerful leader in the country. Since Joseph Stalin unchallenged at home, but it is a different story abroad. The war and your crime has led to the most severe economic sanctions imposed on the country as the us and wisdom allies seek to isolate and we can of russia and return moscow has forged alternative, tried relations, notably with china, while repression has been used across the states and russia, there was little signs of any real opposition to person with some arguing width and hostility has strengthened his position to time. Have a trade in the west as a threat to the level pace pushing the st elsewhere as a man to do business with in parts of africa, south america, the middle east and asian. So what does anot ....