Beijing. Yvonne it seems like the stress of the markets easing off a bit, which is a good sign. It is how you read the sentiment. Is it that the valuations are overstretched, uncertainty over tax reform, also, is it just the end of the year and traders are closing their books . It seems traders are using this opportunity to buy. Betty it seems to be the mantra you keep hearing these days. Adding to the media mentions of buy the dip. These markets have been going up and up it is about time for a correction. It would not be a surprise. He seems to be in that camp, once we see a correction, it is time to buy into these markets. We will see how it plays out. In the meantime, lets get to first word news with courtney collins. Bhp says litigation continues disaster, butg warns insurance will not cover the extent of its liabilities. Andrew mackenzie told investors investigations in the incident that killed people in brazil. There is a degree of urgency in withdrawing from u. S. Shale, and he
Just in the initial stages, we do have a decent bounce, about a third of a percent on the broader stoxx 600. Lets look at the sectors weve got so far an early print of green across a lot of markets. Thats translating to sectors. One sector is trading weaker, thats retail it should not be a surprise after updates from next just looking for a signal on that stock so far on the flat line. A little slow to open up it will move into the session shortly. The overall sector down by 0. 1 . Construction trading higher. Some firmer signals on the market travel and leisure hotting up. The attack in new york might be a natural area to look at travel and leisure today. The reaction tof anothof another terrorist event in a major city. The hotels and tour operators in the Airline Space looking for more profitable destinations where travelers want to go to. Thats been an issue autos trading up by 0. 6 every stock in the basket so far north. Oil and gas trading higher we had a couple reporters includin
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In December 2023, a historic property tax adjustment delivered a blow to the value of a natural gas power plant near Elma, raising taxes of remaining property owners in the area and across the …