3. From new york to frank for, Christine Lagarde heads for the euros ofs slowing and the need for fresh stimulus. Shery lets get a quick look at how the markets closed in the u. S. Stockmarkets removing with between gains and losses throughout the session before moving decidedly higher in the last hour of trading or so. We have the s p 500 falling to session lows when we heard from cleveland fed president Loretta Mester talking about the fact she could not support a rate cut. We saw a estate, utilities, communication stocks pulling the market higher. The s p 500 closed 3 10 of 1 higher. It was a session of low volumes. We are headed towards a july 4 holiday and not to mention that trading will help only during the morning session. We have seen a little bit of light volume in this session. Not to mention that we have a lot of ecodata coming around the holiday, including the labor report on friday. Take a look at tesla. This was one stock that moved with a surge in late trading, gaining
Jonathan ferro and lisa abramovitz. Tom i saw him on a cruise, what a great turnout on the cruise. Catherine greifeld joins us this morning. She is here and she will explain white piquant is popping by bitcoin is popping she will explain why bitcoin is popping. Yields are up. Things are little better but i walk in and i look at the bloomberg terminal, 8. 04 on the bankrate 30 year mortgage and we are subtly solidly in a percent 8 . Lisa we have seen this incredible fluctuation, 20 basis points in a couple days in the long end of the yield curve and people say volatility cannot continue or can it. They are forgetting the levels. It causes a different reality for people financing the nuts and bolts of their businesses and their lives. Tom Economic Analysis with bramo. The media wants to go, they going to die. Microsoft was like a charm. If this is exactly what we were to see, microsoft is on target. Lisa the fact that you had two but he lives comprising 10 of the entire s p index coming
That was Edith Roosevelt, speaking in new york city 20 years after she left the white house. She was the matriarch to a rambunctious family and her husband, Theodore Roosevelt, was as outgoing as she was private. She was the groundbreaking manager of the white house, overseeing a major renovation that added a west wing, separating the family quarters from the president s office is for the first time. Good evening and welcome to cspans series, first ladies. Edith roosevelt will usher in season two of the series and the 20th century. We have two historians who know the roosevelts well. Meet Kathleen Dalton. She is the author of Theodore Roosevelt a strenuous life. And Stacey Cordery is the author of a biography of alice roosevelt. Welcome, the both of you. The 1900 election. It does not last very long because an assassin has other things in mind for president mckinley. Tell the story that brings the roosevelts in that very momentous time into the white house. It is traumatic because Theo
Most in a closing basis rates the s p 500 and its at a record. You will see if it remains. It is a broadbased rally. Look at the bloomberg. We have all the groups here. Financials are getting the most, along with technology, materials, and energies doctrine of the groups in the s p 500 are higher here. Financials and technology are bouncing back as we see gains in yields. In particular, because losses associated with the storm will not be as steep as has been predicted. You have insurers all higher. T says it sees losses that is net. The company says it has a strong surplus level and a Strong Capital position here. We gote of the estimates those downgraded. Overall, the losses e stimated 49 billion instead of 200 billion is estimated previously. Friday heading into the storm, we were already seeing the prices of these cap bonds drop. Cat bonds drop. Using the prices go higher. Update on today, there is a day lag. But this shows you the trends. What is i mentioned going on in the bond m
Billion for the president s u. S. Mexico border wall. The European Union wants to change the rules governing identification checks in snogging. Id checks are banned in the 26 travel zones through the european commission, some of including, germany, sweden, and norway introduced in 2016. Under current rules, they expire without the possibility of renewal. Those nations want to extend those checks for two years, citing security reasons. Fired sevenitary cruise missiles today at Islamic State targets in eastern syria. This is progovernment forces closed in on the militants. Two submarines launched the seven missiles from the mediterranean. A Russian Ministry Spokesman Says intelligence showed the targets,hit the destroying a command center, communications, ammunition depot, and killed on unspecified number of fighters. Global news 24 hours a day powered by over 2700 journalists and analysts in over 120 countries. , this iscrumpton bloomberg. Julia live from bloombergs World Headquarters i