Alix peak accretion greater than 20 . Those are pretty staggering numbers. David they are paying a premium of 45 . Alix we are going to keep following this and what it means for other health care in a day other health care m a. In the markets, sb futures pause until the g20 s p futures pause until the g20. The dollar hit a threemonth low yesterday. 2 . Ds did dip below now we are back about that. Crude a little softer. It feels like a teeny bit of a risk off on the margins, but nothing extreme. David a lot to digest. Go to the morning brief. At 8 30 eastern, we get u. S. Newhome sales data for may. Throughout the day, we hear from a range of said speakers, starting with jay powell, williams, bostic, and parkland. Bullards thenpresident will be on Bloomberg Radio and a conversation with kathleen hays. The best treasury will be selling 4 billion in twoyear notes. At the bell, we will get fedex earnings. Lets turn to bloomberg first take. We are joined by mark cudmore and romaine bostick.
Your attention it trades on a number of different platforms but on coin base it moved over the 16,000 mark. Matter of fact, it is approaching the 17,000 mark. Keep in mind earlier this week, we hit 13,000, 14,000, 15,000 so far this week. Now, it looks like we may hit the 17,000 mark on coin desk and bit stamp it is a little bit lower as you can see there but it definitely is on a tear this morning just an amazing run for this particular crypt ocurrency almost 17,000. Carl, back to you. Thank you, sue. Obviously, our data, i believe,m averages the price of various exchanges, which is why you might see a price on coinbase that doesnt match the number on your screen. We appreciate that sue hew rea a the word mania is being used, henry. The question is whether or not thats fair. Brings back a lot of memories the same thing about bitcoin, when it was 300 which is a perfect asset. No Intrinsic Value and easily g to a million per coin or go to a dollar no difference. Watch it rocket now. Whe
Move welcome, everybody the major average is down right now. The dow falling for the first time in four sessions, wall street socalled fear index, otherwise known as the vix, at the highest level in two months. Apple with a major drag, with fears of plunging iphone x demand the cap has dropped 45 million in a week. The action is really in the bond bond market where yields are soaring. Michelle, welcome back thank you. Michelle carusocabrera. Bob pisani is on the floor of the new york stock exchange. Bob, is it Rising Interest Rates starting to hurt stocks . Yes, for the moment and fears of Interest Rate hikes. Puff reits, on either side of and telecom and Home Building stocks, theyre all getting knocked rather noticeably there. Also interestinvestigate sensitive. Like thanks, figure, not doing too much already, but your regionals not really doing that much so the big debate is will higher rates finally be the catalyst for a pullback we have a bunch of market movers, we have the state o
Equities for the second half of the year. Stock Market Investors are having to deal with a few bumps during the First Six Months and while volatility is low for now, there are a host of reasons why it could pick up. First, the greek debt situation has now gotten bad enough to spark Global Market concerns. Stoc across europe and asia have caused big swings which could cause a voter referendum in greece on whether to stay part of the euro currency. However, many experts believe the u. S. Will remain rather eninsud from the worries there. The next one is the fed whether they will raise Interest Rates. Look for that kind of uncertai continue. And then theres corporate profits. S showing signs of slowing. They expect a decline for the Third Quarter and u. S. Stock markets have not seen a pull back since 2011. Those are a few sparks to a fresh downside move in the second half of the year. For nightly busine im dominic chu. As dominic just said investors will be watching corporate profits ver
Equities for the second half of the year. Stock Market Investors are having to deal with a few bumps during the First Six Months and while volatility is low for now, there are a host of reasons why it could pick up. First, the greek debt situation has now gotten bad enough to spark Global Market concerns. Stoc across europe and asia have caused big swings which could cause a voter referendum in greece on whether to stay part of the euro currency. However, many experts believe the u. S. Will remain rather eninsud from the worries there. The next one is the fed whether they will raise Interest Rates. Look for that kind of uncertai continue. And then theres corporate profits. S showing signs of slowing. They expect a decline for the Third Quarter and u. S. Stock markets have not seen a pull back since 2011. Those are a few sparks to a fresh downside move in the second half of the year. For nightly busine im dominic chu. As dominic just said investors will be watching corporate profits ver