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These numbers are relatively weak but not too much worse than have been estimated, so we will keep looking at the data and bring you information and the reaction to it over the course of the session. We are seeing u. S. Stocks make their lows this session. As this risk aversion comes back into the market today. I wanted to look at how the major averages have been doing since the close of the vote on the thursday before the u. K. Vote, or before we learn the results. If you look at the s p 500 on june 23, we are off about one and a quarter percent. We came within a much smaller margin at one point last friday but with the decline today we are a little bit further. To give you the idea of the glide path of what we have seen since that vote. I also want to take a look on the groups on the move. The economically Sensitive Energy leading declines along with financial materials and consumer discretionary. Utilities, telecom, and consu ....
Good morning. I am guy johnson. And i am francine lacqua. Excusesp is a bloomberg exclusive with former tesco ceo terry leahy. It is the watchmaker that is just dripping with innovation. We will head to the worlds biggest watch show to see what makes one start up take. K. Tic turkeys ruling party has come out on top in elections. Our middle east editor elliott in istanbul. Ve a huge victory, francine. Gone was once mayor here was once mayor of istanbul. More than it got in the last elections. The only crumb of comfort for erdogan is that he didnt win as many votes as he got in the last general election. That could give them some sort they come ton fielding candidates in the president ial elections due to take place in august in which ise minister erdogan expected to run himself. He spoke to supporters partye of his headquarters in im kara in ankara. A slew of corruption allegations have been dogging his party and him since september. He says that he is going to go off with them. Truste ....