The hang seng was down more than 200 points. Talked about the violence that erupted overnight. We will talk about that later on. Strongerr seems to be on the back of asia fx currencies, like the south korean won. We saw the export and import numbers from south korea for the first 20 days not looking pretty. Chip exports plummeted 30 . Royal watching rick rude brent crude. Political tensions between the u. K. And iran. The latest on the strait of hormuz. We are seeing a mixed decision see yieldskets higher. Some of the boards will show you what we are watching out of china. All of the love has been in shanghai. The less rest of china is overlooked. Csi down 4 10 of 1 . Shanghai shares of lowered by close to 1 . Shenzhen and the chinx, i the liquidity is getting sucked out. , the liquidity is getting sucked out. Unofficially, what we have done at bloomberg is put together our own it inhouse custom index. It is based in market cap. Overall, we are up about 75 today. You do see why that is
Does the gop have the votes . What does it mean for the agenda . Starbucks Howard Schultz on with jim last night. And eight are arrested as isis claims responsibility. First up, wall street keeping an eye on wall street today. The president lobbying hard for the gop Health Reform bill ahead of a critical house vote. Rules Committee Gavels last night without any timing. The house gop delaying a 9 00 a. M. Meeting right now. Its going to be a long day. Yeah. Look, i think that the t. A. R. P. Comparison if we remember t. A. R. P. Goes down the first time and then looks like all heck breaks loose and then t. A. R. P. Again. This is like a mini t. A. R. P. To me. I think theyre going to have to come up with something. Im looking at it from the corporate way because thats all i can really add. I know the hmos, the big public hmos so important to the system they dont want to be in this thing anymore. You may think that you could either vote yes for this ryan plan, or you can keep the obamaca
On a day like this where the dow advanced 30 points, s p dipped 0. 17 . Nasdaq declined 0. 63 . Weve entered the most intense part of Earnings Seasons and the market keeps rerendering snap judgments on the fly. Reare tasked with trying to make some sense of it if there is indeed any sense to be made. How crazy is it out there . Just look at the stock of boeing, which has been ages lost in the wilderness after a long period of outperformance. The stock rallied four points before the opening. Then management told you that pashtd of the internice had soft sales, and the stock plummeted 6 bucks from that premarket high. But then when boeing made it clear that demand for its narrow bodied plane san diego possibise charts, the stock snapped right back to where it us, closing back up 6 bucks. Look at the arc of that roller coaster ride in a single session, the Company Guides up on earnings and sales. Then its rejected, and then its accepted again all within two hours. We have to ask what real
The fly. In this insanely difficult moment, we are tasked with trying to make some sense of it if there is indeed any sense to be made. How crazy is it out there . Just look at the stock of boeing, which has spent ages lost in the wilderness after a long period of outperformance. This morning, the Company Raised its earnings and revenue forecast, so the stock rallied four points before the opening. Then management told you that part of the enterprise had soft sales, namely mature widebody aircraft, and the stock plummeted 6 bucks from that premarket high. But then when boeing made it clear that demand for its narrow bodied plane is possibly off the charts, the stock snapped right back to where it was in premarket trading and then exceeded that, closing up more 6 bucks. So look at the arc of that roller coaster ride. In a single session, the Company Guides up on earnings and sales. The judgments accepted. Then its rejected, and then its accepted again all within two hours. We have to as
Dramatically. Asian markets fell between 1 and 2 . In his victory speech last night trump struck an optimistic tone regarding americas future. We must reclaim our countrys destiny and dream big and bold and daring. We have to do that. Were going to dream of things for our country, and beautiful things and successful things once again. Jim, we talked to you last night before the race was actually called. Your thoughts this morning. Well, look, i think that people are going to be divided between those who say that he is pro business, not necessarily great businessman because we have people pro business, lower taxes, pro business, lower taxes are things historically that if it were anybody we would say thats good for the stock market. This is a man who likes his kne neilsen ratings. Hes very sensitive to the idea that stocks are overvalued. But at the same time i dont think he wants to hurt someones 401 k . I do believe that he has said that and has always been very comfortable with borro