The dow and s p 500 and nasdaq all lower. Weve had a moderation of the declines, going back toward the lows. The dow down. 5 . The Philadelphia Semiconductor index underperforming a bit more. Wobbliness fore stocks globally must certainly seeing it in the u. S. This follows a pullback for highyield credit as well. We are seeing risk off and they in the haven assets. Bonds are trading higher. The yen gaining by. 4 against the dollar. Oil is considered a riskier growth asset. Down for a second day in a row. Up 8 . Last week, we had big declines in bitcoin. Lets go into the bloomberg and take a look at the stocks. While we have weakness for the chip today, on the quarter, its a different story. The Philadelphia Semiconductor index in white outperforming the dow and nasdaq in purple and orange. Take a look at the biotech index in blue. Down for the First Quarter in several. We had a bear market in 2015. Movers, some of the chip helping the stocks. Logic, applerrus suppliers falling after t
The chance discovery of some rare 500 year old printed pages from William Caxton which were stuck in another book. Strictly has a new head judge find out more about the queen of latin later in the programme. And coming up in the sport later in the hour on bbc news a lucky escpae for chris froome the Tour De France champion was unhurt after getting knocked off his bike by a hit and run driver. Good afternoon and welcome to the bbc news at one. The Prime Minister says britains Energy Market isnt working and has vowed to end what she described as rip off bills. Theresa may has confirmed that the conservative Party Manifesto will propose a cap on Energy Prices for anyone on a standard variable tarriff. The party says this would benefit 17 million households. Our Political Correspondent chris mason reports. Cook our lunch, making a brew, heating our home we have all got to do it, but its not cheap and the conservatives say too many are being ripped off. The key thing is that people are clea
Duke University Historian professor Nancy Maclean, author of the new book, democracy in chains the deep history of the radical rights stealth plan for america. Maclean also uncovers the instrumental role the late libertarian economist James Buchanan played in the Rights Campaign to eliminate unions, suppress voting, and privatize schools. Buchanan was an economist to train at the university of chicago and went on to a number of virginia institutions over the years. He won the nobel prize in 1986 for his original contributions to our understanding of political economy. It was James Buchanan who taught charles koch for capitalism to thrive, democracy must be in chains. Amy President Trump says the Environmental Protection agency will roll back and obama policy environmental policy. Pres. Trump the socalled waters of the United States rule is one of the worst examples of federal regulation and it has truly run amok. Amy this comes as the intercept reports the person trump has tapped to be
The stock market, you would want the Labor Departments monthly nonfarm payroll number. If the number is strong, you want to buy stocks if its weak, you want to sell today we got a barn burner of a number, 222,000 new jobs hallelujah with every area of the economy generating, which is why the dow rallied 94 points and the nasdaq and s p both advanced. When i wrote this book, i spent a tremendous amount of time trying to figure out what mattered to the market over the years running by Charitable Trust. Again and again, over those 15 years, the answer has been one single number. Growth is king theres been so much gloom lately that this number is busted, making me feel like a good reason stocks have rally sod hard lately. Employment growth means money to buy a car or a house heres why the housing stocks were taking a ride do i need to explain how hiring helps the banks and techs and industrials. The Labor Department gives you a very good report right now its health care and these stocks ha
Good morning. Welcome to bbc Newsroom Live. Snow across country. It has caused disruption as winds bring cold weather from the arctic. The Environment Agency says the first high tide along the east coast of england this morning was not as bad as feared but thousands of homes still face a danger of flooding. Currently there are 11 severe warnings which mean there is a danger to life. This is the picture in skegness were snow has been lighter but Flood Warnings have been issued and soldiers have been deployed to assist where needed. Where some might have been cursing the conditions this morning, others of course have been making the most of it here near birmingham. Meanwhile, in canterbury in kent while it was knowing this morning i is now seems to be more of an issue. This is the scene coming up for you from the roof of the bbc here in london where it has recently started to snow. We we re it has recently started to snow. We were taught to our number of correspondence in the next while