Happening now, donald trump is casting his vote. He is voting at Public School 59 in manhattan on the east side of manhattan. , he is casting his vote, he said he would be voting for donald trump. [applause] [laughter]. Mark 30 minutes away from the close, this is gmm go, global macro movers. Yesterday, we rose for the first day, these are the currency fees rising and falling against the dollar with the pound slightly up. Bond yields and commodities today, a caution ahead of the outcome of the election and a busy day for earnings. It announced plan to shut down 30 Clothing Stores in the u. K. And changing to food only outlets, their ceo wind in the Expansion Efforts of his predecessors desperate assessor, the retailer will shut 53 stores outside the u. K. And begin consultations with over 2000 workers, it retreats from 10 countries including china and belgium. It is cutting is margin outlook for the year underlying pretax profit fell a less than estimated 19 with shares getting hammere
Action altogether. It is unusually low today as ifestors wait for the fed you need sectors on the move, there is a little bit or movement here today. Energy shares were the worst performing group, and now financials and energy, were seeing a drag on major averages. Of course, as we have been watching this, that means we are toting closer and closer unchanged for the year. I just wanted to mention what we are in commodities today as well. Oil and gold, which we have lowerng, crude oil after a wrongful not freeze rampstion until after it up production. David a big week for Central Banks. I wonder where the fixed income markets are in all i wil in light of that. Julie we have a yield of 1. 95 . It is going lower to be sure, but it is getting closer closer to the 2 threshold and it reflects some increasing use that the fed will raise Interest Rates, maybe even twice this year. If you take a look at w. A. R. P on the bloomberg, that factors in interestrate futures. More than 50 probability
U. S. Airwaysamerican. What other ones are in your mind . This was the year of the big deal. Who could Forget Verizon buying the entire stake. Ack from vodafone that was an enormous deal. It helped deal volume spike up a little bit. At the end of the day, the number of deals we have seen is relatively flat compared to last year. The total number was abysmal, quite dismal for bankers and lawyers on the street. They will have to look ahead to 2014 to see if there are opportunities to bump the number up. A lot of private equity firms are waiting this out, trying to make a big splash in 2014. You mentioned verizon. Most of the big deals were in tack or telecom. That is right. We might see a few more going on. This is a mature industry. There are some big deals we could see going forward. Mobile outu have t there that is still a target. We might see softbank make a run for that. They are the majority owner of sprint, so they will have to consolidate to capitalize on that Business Model. Tha
Started making a new ipad. Bank earnings are looming in the Second Quarter. U. S. Banks posted their second highest profit total in three years, lending money at the high space since the financial crisis. Earnings continue to come out. Is out witha results, earnings coming in at . 83. Pretty much break even. This is the first report since the company spun off its publishing unit from its video is this, a trend we have seen with other video media coverage. Olivia sterns. Tribune media just spun off there Publishing Business following news corp. And scr ipps. Reporting . 83. Sales coming in above estimates, 894. 5. 5 million million dollars. Consolidated revenue sales grew 23 in the Second Quarter, a growth rate the Publishing Business is very unlikely to see, and that is the point of splitting up the company. . 83. Ht beat, well be watching how those results play out in equities. Thank you, olivia sterns. Overseas, a controversial russian convoy is on its way to isaine, and russia says