Kurdish region. He said he hoped the kurdish leadership would abandon names of creating a separate state, and not forced turkey into enforcing sanctions. He added that the landlocked kurdishrdish region would not be able to survive without turkish support. Hillary clinton spoke to charlie rose. I believe he either has something on donald trump, or trump thinks that putin helped him so much that he is not going to turn on putin. Either one is horrifying. At can see the interview 6 00 p. M. And 10 00 p. M. New york time. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york, im julia chatterley. Scarlet im scarlet fu. Abigail im abigail doolittle. The s p 500 is turning toward that level of 2500. Scarlet but the question is, whatd you miss . Holding akers are are hoping tax reform will pick up steam. Chair markng weinberger weighs in, next. What
Ahead of most of the earnings. Generally seen declines across the board in a pretty broadbased decline as well. The dow has been a performer recently, but its facing declines and other major averages today. As a result, if you take a look at the bloomberg, were looking for the worst single day for the dow in about seven weeks. The realm of same for the s p and especially the monastic as well. At least at the lives of the session for today. Just a. 5 decline, its been a while since weve seen a drop like this. If you look at the worst percentage decline in the dow, only one of them has directly to do with earnings. And that is boeing. The company delivered a Record Number of planes and earningspershare beat estimates, however, one of the things that holding it back is the fact that its that is been developing for the u. S. Air force has been delayed already is delayed again and cost rose 329 million, and sales also fell in boeings commercial division in boeing as of about 65 year to date
Bloombergs chief washington correspondent, kevin cirilli, on capitol hill. The opportunity to pass a bill without the democrats did outweigh the complaints that some lawmakers had. Complaints, most notably from republicans in states like california and new york over exemptions to the state and local tax production still will not seemingly be enough to block tax legislation built when it comes to the floor. The budget in the house of representatives on a 216to 12 margin with five members abstaining. Is not enough for them to, should they form a coalition, to block any type of tax reform bill once it is brought to the forefront. Things could get interesting during the public hearings. Within the last hour, weve heard all right jokingly suggest that when they do unveil their tax plan on november 1, President Trump will be overseas in asia. Markup is slated as of now for november 6, one week away from monday. One a listen to what republican representative had to say about what he is holdin
Highs on the s p 500. We do not want to count that out just yet. Made one 2575 level we friday. The nasdaq up more than 2 , the nasdaq 100 up almost 3 . Amazon, microsoft, facebook, google, apple all the names we know that are driving it higher. Lets dig into a few of these. I want to focus on microsoft and amazon. Microsoft serving to a record after a quarter beat on revenue. Dumping jumping by doubledigit. About the pivot to Cloud Computing and ai. Similar with amazon. Doubledigit revenue, 34 in this quarter. A smooth transition with that whole foods business. Like scarlet said, going into some of the pharmaceuticals, getting a license there in 12 states. We are watching that. Lets put this into perspective here. We have been talking a lot about techech sectors sectors outperformance. It is outperforming by about 15 here next to the number two, the health care index. Spreads there are certainly widening today as the Health Care Sector is down again, and the tech sector higher and hig
10 points off the record high we saw last week. Things get more interesting if we go into the individual movers, particularly when it comes to mna. Startoking at shggp to trading at speculation rumors. Some analysts saying it might be worth more like 28 a share. Ggp getting a little boost today. Qualcomm trading higher. It formally rejected broadcoms offer this morning at 70 a share. They said if that were to get to offer, you might see shareholders a little more excited about this deal. That is what is going on over in land. Let us look at square and twitter. Square, it raised to 44 a share over 38 a share. That stock of more than 1 . Twitter has been getting a lot of the headlines, but it is square that has been the big driver when it comes to growth this year. Come into my terminal. Were looking at the market cap square just surpassed that of twitter last week. You know how square was over 15 billion . In blue, we have twitter here at about 14. 8 billion. Jack dorseys stake in squar