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Listen, please. The repercussions have been immediate. That was from earlier. Nigel faraj did something extraordinary. 15 minutes after the polls closed he emerged and i remember these were the latest that the leave campaign that he emerged and basically conceded. He appears to save the state campaign will enjoy a narrow victory and then he walked away. Now about an hour or two later when he realized that the vote was going the other way he came out and im quoting here i dare to dream dawn is coming on an independent uk. Sort of chilling phraseology there but that is what he said total reversal. He is not doing well in the public eye as of today. I want to roll a sound bite and this is from president obama when he visited england about two or two and a half weeks ago, three weeks ago maybe. He was trying to persuade the brits tuesday so listen to this for us minute. I think its fair to say that maybe at some point down the line there might need a uk u. S. Trade agreement but is not goi ....
No one expects any change on rates. What will he say about the future . French markets are closed today because thats the way they do it in france. It is a 33 hour workweek. Nightent on twitter last about 1945. I cannot say enough about the Rick Atkinson book, the three volume. And then concentrate. Put it down and think about it. I read this about six months ago. George will did a great review of it. He is the only person ive ever known who can speak in paragraphs. Every time he opens his mouth moving on to Economic Data in the u. S. , it 8 30 a. M. Is the initial jobless claims, 9 45 a. M. , bloomberg and so bloomberg comfort index and earnings before the bell, wendys, dish, Liberty Media and after the bell, cbs, news a. M. , janet 930 yellen testifying today in the senate and yesterday was in the house. We will talk abou ....
I dont know if this is good news or bad news but i will lay it out there. Sources tell us that the new york ag is not looking in this enforcement action in this hft prone. He is looking for structural changes in the hft business. What he is looking to change is out there already. Early read on thomson reuters, he wants to end that he is looking to moderate the speed advantage. That is is key. That will prevent, my view, this is my opinion now, at least make it very difficult for virtu, the High Frequency trading firm owned by vincent viola, former head of new york mercantile exchange, make it difficult for virtu to come public if you erase that nanosecond speed if that is what schneiderman wants. This investigation is in early stages. Never say will be not be an encoresment action in early stages. Right now he is not focusing on enforcement action but looking for structural change for the business that could hurt firms wanting to ....
For a while it looked like we might outperform, bill. Now the dow is off 1. 6 . 267 points. We needed to add 50 if we wanted to be positive on the month. The dow is down 1. 6 . The russell is down 2. 3 . The small cap stocks are taking a big hit today. Another recent leader in this market to the up side, the transportation stocks, down sharply as well today, down 115 points. A lot of breadth across the selloffs, it is pretty indiscriminate. If you are a value investor, that should mean opportunity. But the vix popping by about three points today, at 16. 5. We havent seen a move like that in that index in quite some time. Heres how we stand right now. The dow off 263 points. 16,616 is where we are trading now. Nasdaq off 1. 9 , shedding just about 83 points on the session. 4,380 or so is the level. The s p 500 over 33, down all the way below 1,940 down to 1,937 at the moment. Lets get to it. Cnbc Heather Hughes from the sun america ....
Sliding 32 after the hospital operator recorded higher expenses. The is stock is down about the stock is down about 10 right now or 5. 01. Delphi reported better than expected profits but got tarnished by investors after it cut its fore or cast for the rest of the year forecast for the rest of the year, it stands at 54. 99. Now, arguably one of the most closelywatched Earnings Reports of the entire day will be tesla which which reports after the bell. The second these numbers come out, well have them. We also have two of the smartest guys around on love it or loathe it. Tesla, they have very different takes on this stock. Love the car company or hi its really too rich or think its really too rich in its valuation. Even if you dont own the stock, teslas almost stock market theater. Its just so interesting to watch and to hear what elon musk says. He will have a conference call, well be following that, but the second those numbers ....