Decent day. The dow is on pace for its best day since april 25, being helped , plus Manufacturing Index energy and the banks. The nasdaq down nearly. 2 . Thereason it matters is on open the nasdaq had been up about. 6 . Dipping declining and down as much as. 4 at the lows. Now lower. A continuation of the tech selloff we saw in june. Still not well explained by investors. Some had been saying it could be profit taking at the end of the last quarter. The quarter is over and we are still seeing big losses, all down in a big way. You have earnings season ahead. Last week, analysts told our team nothing fundamental has changed. What does seem to be having is a sector rotation out of tech. It is important to watch whether this is a trend shift. This is the s p 500 and the nasdaq in white. Out of the election, we see a beautiful uptrend for both. On june 9, that was the last time the nasdaq hit an alltime high. The last time the s p 500 hit alltime high, june 19. The nasdaq had its first dow
Finish of the tuesday session, first trading day of the year in london and in switzerland, the lefthand column of this go function shows equities rising across the board. In greece, luxembourg, austria, switzerland, spain, belgium, currencies in the second column are falling against the dollar. What a quarter the dollar had, the last quarter of 2016. Best since 2008. Sovereign bonds is the third column, lets not forget the stoxx 600 is heading for a bull market. Minutes, the move from february last year through today on a closing basis. 20 . That is a bull market. In turkey, this tells you what has been happening, the dollar rising to a record high against the lira which is falling to a record low against the dollar, the biggest decline against the dollar among the worlds major currencies today, falling as much as 1. 6 . The killer of 39 people at an istanbul nightclub out large. Inflation accelerating more than expected in december, the annual , morebove all estimates than 3. 5 above
Equities, just under 30 minutes until the end of the thursday session. Is the trump reflation trade running out of steam . That is what some are saying. You have some big declines. Luxembourg lux is down. Lower. In germany, 1. 1 these are the currencies that are rising against the dollar. You are seeing the dollar fall. The euro is up two thirds of 1 against the dollar. Bond yields are mixed today. Declines for the portuguese tenyear, the u. K. 10 year. The yield in the u. K. Down. Yields in italy, sweden, and switzerland are higher. Commodities are rising today. A big breaking story, a guest decline ever and Fiat Chrysler shares listed in the lawn. The epa is set to allege a missions cheating. 60 . S fell as much as we are barely above that, 15. 6 50. 6 lower. We had a reuters report that the u. S. Government will accuse the company of using software that allowed access emissions for about 100,000 vehicles. This following the troubles volkswagen has been experiencing since its admissi
And then to new hampshire. I think i am entitled to come cut the ribbon of one of the Biggest Hotels in the world. Mark tonight, an exclusive interview with donald trump and the mark halperin. It will air tonight. And Hillary Clinton accused donald trump of american workers. A new poll shows mr. Trump has a new release in the sunshine state, which is a must win for his white house. Donald trump leads Hillary Clinton in florida where a raise were thirdparty candidates are included. He is getting support from independents and showing in this poll is stronger than in other recent surveys from that state. If donald trump wins all of the states that donald that mitt romney won in his run, he will still need more votes to win the presidency. And setting fires to a camp that was later torn down in france. French authorities dismantled the camp, known as the jungle. It was seen as a symbol of the migrant crisis. People are being moved to other centers where they can seek asylum. Global news, 2
Global equity markets looking pretty decent, firming up in europe with the ftse up about 48 points. Futures positive in the United States. Yields on the 10 year, pretty much unchanged at 124 1. 84 . Look out for that. Table at the moment, 146, its a stronger pound. We will get to that. Then imac of about. 4 . The brand down for the sixth straight day. The lira strengthening down to 297, the Turkish Central Bank cutting its rates to 945 . Lets go to indepth coverage of our top stories. Guy johnson in london, where mark carney talks brexit. Matt miller in frankfurt. In brussels, where finance managers meet on greek simin demokan. Jonathan the bank of England Governor Mark carney is testifying this morning. Guy, the momentum seemingly behind the remain campaign. What is mark carney have to say . Guy he has the responsibility to stand up and make clear the risks that are associated with the referendum. Hes not backing down on that. Everything you said today felt very caveated. It wasnt the