The s p and dow. Nasdaq gains which it saw on friday. For the nasdaq and s p and russell 2000, it was the worst month in the year. For the s p and nasdaq with the dow slumping 3 . Nasdaq down 5. 8 for the month. Treasuries is the big picture. This is why we see the weakening. Treasury markets are picking up. 10year is now 4. 74 . The 2year treasury is up at 5. 11 . Mortgage prices are ticking higher. If you want a 30year fixed mortgage, you are looking at 8 . Check out the price of crude oil. Crude oil prices with energy back on the rise. Up to 91. 50 for wti. Brent at 93 a barrel. Joe talked about bitcoin. Picking up to 28,300. Up 4. 4 . Joe, the reason behind this is because gary gensler etf comments. I saw any Government Shutdown would delay any consideration for the spot etfs that everyone wants. Because the s. E. C. Staff would have been out and nothing gets approved. Does that mean i think they are thinking about it. They have been thinking about it check your watch. Thats a big
An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks. L Catterton, created by U.S. fund Catterton and LVMH-owner Groupe Arnault, on Friday secured sufficient shares to take Tod's private once the deal, valuing the company at just over 1.4 billion euros ($1.5 billion), formally concludes in the coming days. Listed in Milan but controlled by its founding Della Valle family, Tod's profitability has lagged rivals.
KIKO Milano: L Catterton, which specialises in consumer goods is buying the stake from Italy s Percassi family, which in 1997 founded what is now one of the world s biggest privately-owned make-up brands, the two companies said in a joint statement.The Percassis will retain a "significant" stake in KIKO, they added, without giving further detail.
India Business News: LVMH-backed L Catterton and Sanjiv Mehta partner to launch an India investment platform. Mehta's consumer business expertise aids in targeting $25-150